Quote of the day

“It’s amazing that people have so much time to fret about today’s emergency but almost no time at all to avoid tomorrow’s.”

Seth Godin

Quote of the day

“…it’s worth noting that our cash flow margin was over 20 percent last year.” McClatchy & Company CEO and Chairman Gary Pruitt at today’s dismal earnings call.

Quote of the day

Slate’s Jack Shafer writes “Not Just Another Column About Blogging.”

If newspapers, magazines, and broadcasters don’t produce spectacular news coverage no blogger can match, they have no right to survive.

Amen to that, and I should add that this column is an extremely worthwhile read, an excellent summary of how personal media’s Gutenberg moment has disrupted the status quo of professional media.

Quote of the day

It’s never pleasant to face the truth about darwinian capitalism. The bad companies die. But that harsh fact forces all of us who want to survive to evolve, adapt, and innovate. Fred Wilson, Union Square Ventures

Quote of the day

Everybody I talk to in New York says, hey, we’re not going to see a real recovery across the country until 2010. In the meantime, what happens is companies blow up, investment firms blow up, people’s careers are destroyed and people get blown out. It’s just a very, very ugly time. Larry Patrick of Patrick Communications on the state of media, from a provocative interview with Harry A. Jessell at TVNewsday.

Quote of the day

Kevin Roach, acting head of domestic broadcast news operations, The Associated Press:

“In all the traveling I do, I always flip on local stations and I often hear — still after all these years it just blows me away — the line that drives me crazy, which is, “For more on this story go to our Web site.” What does that mean? To me, to the customer, to the viewer, I think it means nothing. It means a whole lot of nothing.”

Via TVNewsday.com.