Martha’s in the business headlines today as Martha Stewart Living Omnimedia CEO Susan Lyne has stepped down from her post.
This article from Gawker speculates that this move comes as a result of the company’s slumping stock price, which in turn is a result of the dying print media industry.
What do you think? It’s true that print journalism is not exactly booming. Will hard-copy magazines like “Martha Stewart Living” and “Everyday Food” someday be obsolete?
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4 comments:
It's sad to read about a "dying print media." Whether it's a magazine or a book, nothing gives you the same feeling as curling up for a good read. I'm still in it for the long haul.
I certainly hope not, but let's face it, that's not enough to make it not so. Although, in an economy where Magazines might be too much of a luxury, I wonder if things would look differently when things pick back up?
I hope not - I love having the gard copy of my MSL magazines. Print media is what gets me through long walks on a treadmill in the winter!
I hope not. I love sitting down with a magazine and thumbing through the pages ... I don't want everything to be electronic.
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