Wednesday, January 14, 2009

The buggy-whip industry

Newspapers circling the toilet bowl:
Gannett is implementing a long-rumored furlough program that wil require most U.S. employees to take a week off without pay.
Gannett CEO Craig Dubow announced the plan in a memo today. . . .
Gannett is deeply implicated in the death of the American newspaper. The LGP (Local Gannett Paper) became a widespread joke in the 1990s, and the Gannettification of newspapers was widely imitated.

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