[10Q Detective] Newsday Invites Soft Forgetfulness of NewsPrint Industry

[David J. Phillips]

But, soft! what light through yonder window breaks? ~ William Shakespeare ("Romeo & Juliet").

Could it be the greenish glow emitted from the LCD flat screen of some portable mobile device, as yet another "Gen Y" scrolls through their morning paper, with an occasional perfunctory sip of their morning Starbux coffee--blithely unaware another newspaper plant has closed....

"Our goal was and is to use our electronic network assets and subscriber relationships to transform the way news is distributed,” said Chief Operating Officer Tom Rutledge on Cablevision Systems’ (CVC-$10.35) conference call. The question going forward is what will happen to the print version of Newsday? … Read More….

Editor David J Phillips does not hold a financial interest in any stocks mentioned in this article. The 10Q Detective has a Full Disclosure Policy.

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Posted By David J. Phillips to 10Q Detective at 3/06/2009 09:44:00 PM