Friday, January 30, 2009

Addendum: No Quick-Fix Models Out There

This little annoucement that employees of The Day, in New London, CT., will take a week furlough with no pay to deal with a revenue problem is a reminder that newspapers owned through various nonprofit arrangements or trusts ultimately face many of the same problems as for-profit newspapers. There just aren't any quick-fix business models for what is ailing the industry, though the attempts to at least throw around ideas can't be dismissed.

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