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Absolute must read!
"You really don't understand the media business model, do you" I certainly do. That is what is wrong dufus. (See, I can make it personal also) The business model that business and corporations use now seems to be based entirely on the greed factor. That is, simply to meet the quarterly projection of the bottom line at all costs, whether it involves layoffs, selling off divisions or patents or whatever the company has that is of value, in order to keep the bottom line static. They seem to consider that the investor should not see any negative variation in their returns, regardless of company health or activity, placing the load of absorbing variations in the risk of doing business squarely on the number of employees retained at the time. Had a bad quarter? Two? Time for a workforce reduction to "rebalance" expectations with "reality" . I have heard this for 30 years and been subject to the "Reduction in Workforce" twice in that time. It sucks. Everything you were building towards is destroyed. Families are split apart, as the layed off look afield to find employment. People have heart attacks and commit suicide over layoffs. It took me over a year to come to grips with the fact that a 35 year career in Supercomputer Engineering has come to an end. I have experience in the area of the shrinking workforce, that I hope none of you sees or experiences. So why don't you dry up with the one liner come backs, and explain your position a bit? As an example of a magazine that is written with some obvious morality and responsibility to the reader, no cowtowing to the advertiser at all due to the magazines policy of only allowing ads for products that will help a boat owner repair their boat, much like CW was in the start, I present "Good Old Boat" magazine. Seen it yet? They seem to break the mold that you seem so proud of, and are succeeding at it, after only 5 years. Larry DeMers Dave wrote: On Tue, 07 Feb 2006 14:48:29 -0600, Larry DeMers said: It was not always so however. It used to be that there was more of a sense of community responsibility, or public spirit or morality -call it whatever. It was the force that said profit is ok, but putting the guy out of business and laying off folks is not. It said that part of the magazine can be dedicated to an ideal other than the dollar bill. As a general example, I cite "Cruising World". In 1976, when I startd collecting them, the magazine was practically wall to wall cruising stories, all interesting, all written with a layer of wonder at this fairly new occupation (cruising). It was interesting and vital. But enter one competitor who decides to allow in 10 extra pages of charter crap, thus helping his bottom line, and the game is on. C/W had to follow suit to appease their bottom line. Competition sees the need to compete with more advertising etc etc etc. Competition takes over mindlessly, and now we have the slick and worthless C/W. You really don't understand the media business model, do you. |
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