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For Traditional Media The Financial Woes Are Easy To Explain: It’s The Economy, Stupid!
Philip M. Stone October 2, 2008
It’s not the Internet that is causing traditional media so much trouble these days but rather the economy, according to Dean Singleton, CEO of the MediaNews Group that publishes 44 newspapers across the U.S. He still seems to believe in the cyclical theory that when the economy improves newspapers will once again be doing just fine.
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