Tag Archive for 'bankruptcy'

“Stop your presses!” U.S. Newspapers told to write off print.


- the man who invented the and the super brain behind talks with Charlie Rose for an hour about the next steps he sees for U.S. Newspapers. He prescribes drastic steps to rescue the lions of the old media.

Here’s how this video clip opens up - which is brilliant story craft in its own right.

Charlie Rose:
So to play offense for a newspaper for you means what?

Marc Andreessen:
Oh, you got to kill the print edition.

Charlie Rose:
You would stop the presses tomorrow?

Marc Andreessen:
You have to kill it.

Charlie Rose:
Stop the presses tomorrow.

Marc Andreessen:
You have to kill it.

Charlie Rose:
Stop the presses tomorrow.

Marc Andreessen:
Stop the presses tomorrow. I’ll tell you what. The stocks would go up. Look at what’s happened to the stocks. This investors are through this. The investors are through the transition. You talk to any smart investor who controls any amount of money, he will tell you that the game is up. Like it’s completely over. And so the investors have completely written off the print operations. There is no value in these stock prices attributable to print anymore at all. It’s gone.

Continue reading ‘“Stop your presses!” U.S. Newspapers told to write off print.’