November 17, 2008
HMM: Murdoch to media: You dug yourself a huge hole. "With newspapers cutting back and predictions of even worse times ahead, Rupert Murdoch said the profession may still have a bright future if it can shake free of reporters and editors who he said have forfeited the trust and loyalty of their readers."
UPDATE: Following Circuit City's lead? If newspapers want to survive, they should keep the best reporters and focus on hard-news reporting. Yes, that costs more, but it also gives customers something they actually want.