naked capitalism Wed 2009-12-23 10:03 EST
Guest Post: The Real Reason Newspapers Are Losing Money, And Why Bailing Out Failing Newspapers Would Create Moral Hazard in the Media
Conventional wisdom is that the Internet is responsible for destroying the profits of traditional print media like newspapers. But Michael Moore and Sean Paul Kelley are blaming the demise of newspapers on simple greed.
bailed; creating moral hazard; Failing Newspaper; Guest Post; lose money; media; naked capitalism; real reason newspapers.