The U.S. newspaper industry’s trade journal interviews Vin Crosbie about that industry’s bright past and dim future.
In 1998, media executives involved with new-media and new-media entrepreneurs were on roughly the same level of sophistication about technology and new-media theory. But most media executives are still at that 1998 level, while the entrepreneurs are now eight years’ more sophisticaled. This difference, as seen in two recent conferences, was so striking that I’m still in shock. This drives to the heart of why periodicals have failed to adapt to the Internet beyond about 1998.