Tuesday, December 16, 2008

Money for the Miami Herald. By Geniusofdespair

How do we get money to keep the Miami Herald afloat? First read our introductory post which explains what I am trying to do on this site.

I think what we have to do is what the Auto Industry should have been doing: get a a dose of reality which would make the Miami Herald a lot cheaper to buy.

The Herald has put a lot of money and energy into attracting young readers. The auto industry meanwhile, has continued creating gas guzzlers. Both are useless endeavors.

The Herald should bank on making a paper that has a place but the old model is gone, just like the guzzlers. They have to adjust to a smaller market and tailor their paper to the market they have. The twenty somethings are not going to read a paper newspaper. Maybe they will when they get older, but not now. So give it up Miami Herald and do a new business plan that makes sense of what you have, not what you want.

1 comment:

geniusofdespair said...

Okay, I can read the writing on the wall on where this blog is headed...into oblivion.