Quote:
Originally Posted by gwidomains
Doesn't change the fact that Murdoch's biz model is out of luck
Zell is a smart cookie too and he got hosed on his Tribune buy.
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if i'm forced to make a judgment call between two people and their views on the situation... one being a proven idiot and one being a proven successful business person - i'll choose the successful business person by default. its like blackjack.. there are rules you follow, that may not be right all the time.. but they're right more often than they're wrong.
print media is on its way out. there is no question there. all these guys are scrambling, trying to save huge companies and 10's of 1000s of jobs. all they can do is follow certain paths and see where it leads.
its easy to criticize from a distance... its not so easy when you are sitting in a building full of 2000 employees and thinking about the future, them, their families and how one might try to stop the hull from leaking before the ship can't be saved from sinking at all.