Monday, January 26, 2009
New York Times bonds are now junk, says Moody’s
by Larry Geller
Thanks for the pointer to this article by observant reader Mike Reitz.
This is scary…
Notice also the article in the right column: “Exclusive: Time Spent on Newspaper Sites Drops in December.” Web advertisers won’t like negative reports on web usage. If it turns out to be a trend, what will save journalism in America?
I suggest it has to save itself, but that’s another article.