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Old 11-12-2006, 10:03 PM   #1
LXer
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LXer: Follow the lack of money


Published at LXer:

Jeff Jarvis is looking for better stewards of journalism's future. He explains, "I don’t see enough development going on in new news efforts — enough to save journalism from the sinking news business. And that’s what’s troubling me. The old players are proving to be quite ineffective stewards — we knew that — but there aren’t enough new stewards joining the church." Problem is, you can't make a new business out of an old business that's turned into a church. Wall Street isn't up for that, and most of the big papers work for Wall Street. The word "stewardship" alone is a boat anchor on any company's stock price.

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