"As usual, we ran through all the industry stuff happening, caught up on moves among our former colleagues at the FT. Obviously, the pushing out of the FT's editor Andrew Gowers was a brief topic of conversation.
It seems as if the writing is on the wall that the FT might become a a non-Pearson company. . .I think Rupert Murdoch might be the best owner, he understands newspaper brands very well, imho."
Why should you care? Mainstream media is dying on its feet. It doesn't matter where you look, the online world and in particular Google, is taking so much market advertsing share that it is hard to see how print media can survive in its present form. Does that mean we'll all be receiving news on PDAs, Blackberrys and other forms of Internet device? It could happen. There's still plenty of reasons why you'd want to receive information in the printed form.
But news over the wire? Absolutely. News is such a disposable and ephemeral commodity that delivering news over the wire makes so much more sense than on paper. Especially if you can subscribe to the news you want and nothing more.
Which leads me to wonder what the fish and chip shops will do that rely on their supply of print paper? And a broader question - to whom will people turn for trusted information?