McClatchy keeps arguing, with ear plugs well stuffed and blinders tight, that the problems in the industry are not fundamental but cyclical (as Dave Morgan said to that at my New Business Models for News Summit, “bullshit”).
That's just inaccurate, as I pointed out in a comment on buzzmachine this morning:
Stop saying this; it’s wrong:
“McClatchy keeps arguing, with ear plugs well stuffed and blinders tight, that the problems in the industry are not fundamental but cyclical (as Dave Morgan said to that at my New Business Models for News Summit, “bullshit”).”
As you know, I was there at your conference, and called Dave on his mischaracterization immediately after he spoke. The Pruitt quote he cited was taken wholly out of context (I know; I heard the whole earnings call). Pruitt was talking about many of the effects OF THE LAST YEAR being cyclical. Morgan acknowledged as much to me, but said he wanted to make the general point and Gary’s quote was freshest.
As recently as yesterday, Pruitt said on Wall Street, “”We recognize that part of our advertising decline is permanent — reflecting the secular shift to the Internet. Another part is temporary — reflecting the cyclical nature of our business in a recession,” Pruitt said.”
Your comments about earplugs and blinders are beyond cheap shots, Jeff. They’re becoming willful, hurtful lies. Facts matter, dammit.
I'll let you know what Jeff says when he replies. I hope he'll correct things.
UPDATE – Jeff replies:
I apologize then. i did not recall hearing you say that to Dave when I was there. But I have heard Pruitt say similar things at more than one event. I do think that he has at least been very late in recognizing the gravity of the situation.
Jarvis often says things I think are inaccurate, but probably what's more precise is that they are incomplete. He seems confident that his limited view is accurate and prescient, and from my view goes too often beyond his reporting in stating his opinions as categorical fact. If there are blinders being worn, well, we can argue about who's wearing them.
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