Thursday, April 30, 2009

The End of the Asper Dynasty?

Peter C. Newman's take in Maclean's* on an interesting group of people who were good at buying and acquiring, not so good at managing.
I still believe the breaking up of Canwest into a TV/specialty channel network and at least one newspaper chain would be the best thing to happen to Canadian journalism. The revival of a company like Southam, with a string of large-market top-quality dailies fed by a national news service of the country's best reporters and editors, would be both profitable and good for Canadian democracy.
I also expect this will be the final outcome, one that I've wanted all along.
As for the National Post, I predict (and hope) it will survive as a daily business paper with a bit of news and commentary.
Meanwhile, it's time to let economic nature take its course and for the next generation of media proprietors to step up to the plate.

(*Which I read for free on their web site. Tell me again, how does that make sense?)

1 comment:

Anonymous said...

Murdoch gets it. Is it too late for CanWest to figure it out too?

"We are now in the midst of an epochal debate over the value of content and it is clear to many newspapers that the current model is malfunctioning," the News Corp. Chairman and CEO said.

"We have been at the forefront of that debate and you can confidently presume that we are leading the way in finding a model that maximises revenues in return for our shareholders... The current days of the Internet will soon be over."