In my excitement over the way the Internet is challenging traditional and staid media, I’m constantly looking out for old media casualties.
It seems a clear winner (or is that loser) is emerging in the form of newspapers. This IOL report talks about repeated layoffs in the newspaper industry due to their failure to move to web based prominence and their dogmatism regarding print. They think things will stay the same but they wont, you have to adapt or die.
Now let me say that I’m not a fan of anyone being laid off work – it isn’t cool. But it does show in black and white, that if you cant adapt in business and life, unfortunately there will be consequences.
Wake up “old media” or suffer the consequences!