{"id":262,"date":"2007-04-04T18:37:00","date_gmt":"2007-04-05T01:37:00","guid":{"rendered":"http:\/\/paulgillin.com\/2007\/04\/interview-with-tribs-new-owner-barely-mentions-digital-media-threat.html"},"modified":"2007-04-04T18:37:00","modified_gmt":"2007-04-05T01:37:00","slug":"interview-with-tribs-new-owner-barely-mentions-digital-media-threat","status":"publish","type":"post","link":"https:\/\/gillin.com\/blog\/2007\/04\/interview-with-tribs-new-owner-barely-mentions-digital-media-threat\/","title":{"rendered":"Interview with Trib&#039;s new owner barely mentions digital media threat"},"content":{"rendered":"<p><o:p><\/o:p>Kevin Allen, a smart young writer who works for Ragan Communications, knows my <a href=\"https:\/\/www.gillin.com\/Collapse_of_newspapers.pdf\">rather strong opinions about the future of newspapers<\/a>. He sent me a link to <a href=\"https:\/\/www.chicagotribune.com\/business\/chi-070403zellinterview,0,269205.story?coll=chi-news-hed&amp;?track=sto-topstory\">this story about Sam Zell\u2019s acquisition of the Tribune Co<\/a>. and asked for a comment. Here\u2019s what I said:  <\/p>\n<p class=\"MsoNormal\">&#8220;I would never want to be quoted questioning Mr. Zell&#8217;s wisdom or insight, since he is clearly a very successful investor.<span style=\"\">  <\/span>I was struck, however, by the fact that neither the Tribune article or the video interview went into any detail on the challenge that digital media presents to newspapers.<span style=\"\">  <\/span>In fact, I could find the Internet mentioned only once in the Tribune article, in the first paragraph.<span style=\"\">  <\/span><\/p>\n<p class=\"MsoNormal\">&#8220;This seems curious to me, since online competition is clearly the biggest challenge facing newspapers these days, particularly in their classified advertising businesses.<span style=\"\">  <\/span>Longer term, the newspaper\u2019s value proposition as a timely source of information is under siege.<span style=\"\">  <\/span>This article seems more interested in the Tribune&#8217;s ESOP plan and ownership stake in the Cubs than in the serious long-term problems facing its industry.<\/p>\n<p class=\"MsoNormal\">&#8220;It\u2019s been my experience that people of Mr. Zell&#8217;s age are almost incapable of relating to the culture and lifestyles of today&#8217;s digital youth.<span style=\"\">  <\/span>This is not their fault, for it\u2019s almost incomprehensible to someone who grew up in the 50s or 60s to relate to the always-connected, always-interacting lifestyle of today&#8217;s teens.<span style=\"\">  <\/span>It&#8217;s hard enough for me, at 49, to understand it.<span style=\"\">  <\/span>I would think that anyone buying a newspaper today would have to look at what they\u2019re going to do to court this next generation of consumers, who have almost no affinity for newspapers.<span style=\"\">  <\/span>The fact that this critical issue was not addressed in the Tribune interview or video is a glaring omission, in my view. I can&#8217;t believe the editors didn&#8217;t bring it up.<\/p>\n<p class=\"MsoNormal\">&#8220;Apparently a lot of them aren&#8217;t even paying attention to it. As reported last week by MediaPost, \u201c<span class=\"articletext\">The first Newsroom Barometer survey&#8211;conducted by the World Editors Forum and Reuters&#8211;found that a staggering 85% of editors and news executives of 435 polled were optimistic about the fate of their publications.\u201d<o:p><\/o:p><\/span><\/p>\n<p class=\"MsoNormal\">&#8220;As they say, denial is not just a river in <st1:country-region><st1:place>Egypt<\/st1:place><\/st1:country-region> :-)&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kevin Allen, a smart young writer who works for Ragan Communications, knows my rather strong opinions about the future of newspapers. He sent me a link to this story about Sam Zell\u2019s acquisition of the Tribune Co. and asked for &hellip; <a href=\"https:\/\/gillin.com\/blog\/2007\/04\/interview-with-tribs-new-owner-barely-mentions-digital-media-threat\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[16,17],"tags":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pTy95-4e","_links":{"self":[{"href":"https:\/\/gillin.com\/blog\/wp-json\/wp\/v2\/posts\/262"}],"collection":[{"href":"https:\/\/gillin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gillin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gillin.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/gillin.com\/blog\/wp-json\/wp\/v2\/comments?post=262"}],"version-history":[{"count":0,"href":"https:\/\/gillin.com\/blog\/wp-json\/wp\/v2\/posts\/262\/revisions"}],"wp:attachment":[{"href":"https:\/\/gillin.com\/blog\/wp-json\/wp\/v2\/media?parent=262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gillin.com\/blog\/wp-json\/wp\/v2\/categories?post=262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gillin.com\/blog\/wp-json\/wp\/v2\/tags?post=262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}