Tim Porter notes in a First Draft post this morning that news companies' financial results and subsequent cutbacks are more than indications of capitalism at work in the boardrooms, They are also signals of the fundamental shift in how our audiences get and want to get their news.
For journalists working in newspaper newsrooms, consider these financial reports as a series of wake-up calls, the quarterly tolling of a bell that tolls for thee, my friends.
The digital newspaper future is already here - and it's not one most journalists would have invented, but if they don't seize control of the change process then someone else, someone from the boardroom, will do it for them.
I think he's absolutely right. He notes the recent Dow Jones strategic initiative that begins, "We live in a digital age that is fundamentally changing how people get their news and information," a memo worth reading over here at Poynter.
We've been saying a lot of this for some time now at McClatchy, and you'll be hearing a lot more in coming weeks. It's on the agenda for our first meeting joining editors from new McClatchy and McClatchy classic papers in South Carolina next week. We'll surely talk about it in Ft. Worth when we all gather next month. I hope many of you think contribute thoughts about it here, in comments and postings.
We need to be urgently engaged in this. Please join in.