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Saturday, February 19, 2005

The Economics of Time and Groping 

News Media Grope for the Right Formula

A relevant piece from WaPo's Steven Pearlstine on the changing economics of media.

Opening line: It is not lost on those of us who work in newsrooms that more and more readers pay absolutely nothing for the services that we provide.

Of course, potential readers are asked to pay with their time. And that's the key. Time is more valuable than money. (See my last post).

And for more on groping and the news media, make sure to read Wonkette.

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