We Are Googling the New York Times to Death

News organizations are competing against big technology companies in a fight they can't win.

This morning brought Eleanor Clift's reminiscence about 50 years at Newsweek to my Twitter feed. Those words alone seem to tell the story: Newsweek was a phenomenally successful product designed for a world that no longer exists. It was an amazing world for journalists, to hear the great Clift describe it. But it couldn't survive the new financial realities.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.