Gordon Borrell interviews Jeff Jarvis – Hyperlocal News and Business Models
The usual great insights from Jeff Jarvis in this interview with Gordon Borrell of Borrell Associates.
Quoting Jarvis from the interview:
Look at Washington. Jim Brady and company are starting Politico Local. And at someone said at a conference I was at recently, “It’s a lot easier to build that from the ground up, than to take the Washington Post and make it into Politico Local.” That’s the problem we have here. We have companies that have 1,000-1,500 employees that are going to be working in a world where it’s probably a 100-person company. And the pain and struggle – both economically and culturally – of going from 1,500 to 100 is probably impossible for them. And that’s really the issue. They’re trying to maintain their old cost structure, and that’s the problem we don’t talk about here.
The crux of the matter IMO.
Following up on these comments, Jarvis also restates his recent thoughts that Newspaper co’s must use the opportunity that bankruptcy protection provides to fundamentally restructure and reinvent their businesses. See also Bankruptcy Squandered and The Opportunity of Bankruptcy.