Stories of Joan | Liz Smith

September 12, 2014 3:24 PM

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"Most of the media industry's problems can be boiled down to simple math -- or is it physics? Whichever it is, it's not good.

"On one axis, we can plot the dynamic force of advertising rates, cratering toward ground level. On the other, we see the swelling public demand for things to read or watch or click, or talk back to. This stuff used to be called journalism, and now it's called content.

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