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	<title>Comments on: Bankruptcy squandered</title>
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	<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/</link>
	<description>by Jeff Jarvis</description>
	<lastBuildDate>Fri, 10 Feb 2012 13:40:25 +0000</lastBuildDate>
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		<title>By: Gordon Borrell interviews Jeff Jarvis &#8211; Hyperlocal News and Business Models &#171; End of Business as Usual &#8211; Glenn&#39;s External blog</title>
		<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/#comment-407399</link>
		<dc:creator>Gordon Borrell interviews Jeff Jarvis &#8211; Hyperlocal News and Business Models &#171; End of Business as Usual &#8211; Glenn&#39;s External blog</dc:creator>
		<pubDate>Sat, 16 Jan 2010 18:40:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=5735#comment-407399</guid>
		<description>[...] bankruptcy protection provides to fundamentally restructure and reinvent their businesses. See also Bankruptcy Squandered and The Opportunity of Bankruptcy. glenn Possibly related posts: (automatically [...]</description>
		<content:encoded><![CDATA[<p>[...] bankruptcy protection provides to fundamentally restructure and reinvent their businesses. See also Bankruptcy Squandered and The Opportunity of Bankruptcy. glenn Possibly related posts: (automatically [...]</p>
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		<title>By: Gordon Borrell interviews Jeff Jarvis &#8211; Hyperlocal News and Revenue Models &#171; End of Business as Usual &#8211; Glenn&#39;s External blog</title>
		<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/#comment-407397</link>
		<dc:creator>Gordon Borrell interviews Jeff Jarvis &#8211; Hyperlocal News and Revenue Models &#171; End of Business as Usual &#8211; Glenn&#39;s External blog</dc:creator>
		<pubDate>Sat, 16 Jan 2010 18:38:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=5735#comment-407397</guid>
		<description>[...] bankruptcy protection provides to fundamentally restructure and reinvent their businesses. See also Bankruptcy Squandered and The Opportunity of Bankruptcy. glenn Possibly related posts: (automatically [...]</description>
		<content:encoded><![CDATA[<p>[...] bankruptcy protection provides to fundamentally restructure and reinvent their businesses. See also Bankruptcy Squandered and The Opportunity of Bankruptcy. glenn Possibly related posts: (automatically [...]</p>
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		<title>By: Andy Gaudreau</title>
		<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/#comment-407074</link>
		<dc:creator>Andy Gaudreau</dc:creator>
		<pubDate>Sat, 09 Jan 2010 15:06:43 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=5735#comment-407074</guid>
		<description>What is happening and not happening in news (in relation to the prognostications about it) reminds me of the ways Walter Benjamin&#039;s predictions of the effects of technology on art in his well-known essay &quot;Art in the Age of Mechanical Reproduction&quot; have and have not come true.

Benjamin said that art&#039;s &quot;aura&quot; (that sense of art&#039;s greatness and awe which according to him was the result of aristocratic values and class power and control) would be destroyed by the mass reproduction and distribution of art.

Well, that sort of came true. The reproduction/distribution part was prescient to say the least, but auras seem to be stronger than ever. (Witness our unquenchable and fickle lust for idolization of anything resembling &quot;famous&quot; including--because we now have easy access to them--ordinary people.) 

I think this is because while technological evolution is historical and contingent, aura-loving is an enduring human trait.  

This same dynamic applies to what is happening with news: vis a vis both the fracturing of control because of technology, and our ever-undiminished desire. Big bureaus may shrink and become diffuse, but news (our need, our love for news) will remain strong and, with technology, only feed opportunities to uncover and broadcast it.</description>
		<content:encoded><![CDATA[<p>What is happening and not happening in news (in relation to the prognostications about it) reminds me of the ways Walter Benjamin&#8217;s predictions of the effects of technology on art in his well-known essay &#8220;Art in the Age of Mechanical Reproduction&#8221; have and have not come true.</p>
<p>Benjamin said that art&#8217;s &#8220;aura&#8221; (that sense of art&#8217;s greatness and awe which according to him was the result of aristocratic values and class power and control) would be destroyed by the mass reproduction and distribution of art.</p>
<p>Well, that sort of came true. The reproduction/distribution part was prescient to say the least, but auras seem to be stronger than ever. (Witness our unquenchable and fickle lust for idolization of anything resembling &#8220;famous&#8221; including&#8211;because we now have easy access to them&#8211;ordinary people.) </p>
<p>I think this is because while technological evolution is historical and contingent, aura-loving is an enduring human trait.  </p>
<p>This same dynamic applies to what is happening with news: vis a vis both the fracturing of control because of technology, and our ever-undiminished desire. Big bureaus may shrink and become diffuse, but news (our need, our love for news) will remain strong and, with technology, only feed opportunities to uncover and broadcast it.</p>
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		<title>By: Ed</title>
		<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/#comment-406970</link>
		<dc:creator>Ed</dc:creator>
		<pubDate>Wed, 06 Jan 2010 03:57:46 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=5735#comment-406970</guid>
		<description>I couldn&#039;t agree more. So much of big print media&#039;s bemoaning of its financial state is contrived of their own mismanagement, not the decline of their profit. 

seems like the opportunities are out there, if there is good timing
http://essaysfornobody.wordpress.com/2009/12/17/on-timing/</description>
		<content:encoded><![CDATA[<p>I couldn&#8217;t agree more. So much of big print media&#8217;s bemoaning of its financial state is contrived of their own mismanagement, not the decline of their profit. </p>
<p>seems like the opportunities are out there, if there is good timing<br />
<a href="http://essaysfornobody.wordpress.com/2009/12/17/on-timing/" rel="nofollow">http://essaysfornobody.wordpress.com/2009/12/17/on-timing/</a></p>
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		<title>By: Jon</title>
		<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/#comment-406673</link>
		<dc:creator>Jon</dc:creator>
		<pubDate>Wed, 30 Dec 2009 01:32:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=5735#comment-406673</guid>
		<description>It hasn&#039;t happened because media CEOs would have to: 
o Admit for real they lost their monopoly power to the peasantry.
o Take a major personal pay cut.
o Fire many, many of their ol&#039; executive buddies and nephews.
o Give the few buddy xecs who remained a huge pay cut
o Move from the tony downtown digs to someplace affordable, without such a good view for the CEO.
o Did we mention admitting to loss of power and especially personal pay cuts?
ALOT of media phat has built up over the centuries when they could afford it.

Of course, all that&#039;s in fact, their responsibilities to their organizations.  But that&#039;s why not so many have the guts, and are instead tinkering around the margins with firing a few peasants they don&#039;t know.</description>
		<content:encoded><![CDATA[<p>It hasn&#8217;t happened because media CEOs would have to:<br />
o Admit for real they lost their monopoly power to the peasantry.<br />
o Take a major personal pay cut.<br />
o Fire many, many of their ol&#8217; executive buddies and nephews.<br />
o Give the few buddy xecs who remained a huge pay cut<br />
o Move from the tony downtown digs to someplace affordable, without such a good view for the CEO.<br />
o Did we mention admitting to loss of power and especially personal pay cuts?<br />
ALOT of media phat has built up over the centuries when they could afford it.</p>
<p>Of course, all that&#8217;s in fact, their responsibilities to their organizations.  But that&#8217;s why not so many have the guts, and are instead tinkering around the margins with firing a few peasants they don&#8217;t know.</p>
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		<title>By: Andy Freeman</title>
		<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/#comment-406661</link>
		<dc:creator>Andy Freeman</dc:creator>
		<pubDate>Tue, 29 Dec 2009 20:58:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=5735#comment-406661</guid>
		<description>&gt; And I think you’ll agree that anything I’ve said to you is nothing compared to the pain of losing a job in an economy like this one.

So what?  Does crapping on Jarvis save anyone&#039;s job?</description>
		<content:encoded><![CDATA[<p>&gt; And I think you’ll agree that anything I’ve said to you is nothing compared to the pain of losing a job in an economy like this one.</p>
<p>So what?  Does crapping on Jarvis save anyone&#8217;s job?</p>
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		<title>By: Andy Freeman</title>
		<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/#comment-406659</link>
		<dc:creator>Andy Freeman</dc:creator>
		<pubDate>Tue, 29 Dec 2009 20:54:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=5735#comment-406659</guid>
		<description>&gt; I’ve asked you what you do a few times. Tell me or stop talking.

I&#039;ve asked Levine questions that he&#039;s ducked.  I didn&#039;t presume to insist that he answer or cease posting.

This is Jarvis&#039; venue, so it&#039;s clear that he can place requirements on participants and can delegate that authority.

What is the basis for Levine&#039;s claim to that authority?</description>
		<content:encoded><![CDATA[<p>&gt; I’ve asked you what you do a few times. Tell me or stop talking.</p>
<p>I&#8217;ve asked Levine questions that he&#8217;s ducked.  I didn&#8217;t presume to insist that he answer or cease posting.</p>
<p>This is Jarvis&#8217; venue, so it&#8217;s clear that he can place requirements on participants and can delegate that authority.</p>
<p>What is the basis for Levine&#8217;s claim to that authority?</p>
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		<title>By: Robert Levine</title>
		<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/#comment-406616</link>
		<dc:creator>Robert Levine</dc:creator>
		<pubDate>Mon, 28 Dec 2009 21:34:03 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=5735#comment-406616</guid>
		<description>@Freeman,
I&#039;ve asked you what you do a few times. Tell me or stop talking.

@Jeff,
As I said, I really have nothing against you personally. But I also think it&#039;s naive not to expect a certain amount of criticism when you tell a group of people that they should get paid less. And I think you&#039;ll agree that anything I&#039;ve said to you is nothing compared to the pain of losing a job in an economy like this one.</description>
		<content:encoded><![CDATA[<p>@Freeman,<br />
I&#8217;ve asked you what you do a few times. Tell me or stop talking.</p>
<p>@Jeff,<br />
As I said, I really have nothing against you personally. But I also think it&#8217;s naive not to expect a certain amount of criticism when you tell a group of people that they should get paid less. And I think you&#8217;ll agree that anything I&#8217;ve said to you is nothing compared to the pain of losing a job in an economy like this one.</p>
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		<title>By: Andy Freeman</title>
		<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/#comment-406614</link>
		<dc:creator>Andy Freeman</dc:creator>
		<pubDate>Mon, 28 Dec 2009 19:46:57 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=5735#comment-406614</guid>
		<description>&gt; But you believe the industry should be “watching and learning” from cutting journalists’ salaries

Does Levine really believe that that is the only thing that Jarvis believes?

Does he believe that &quot;cut salaries&quot; was only recommendation that Jarvis made to Ann Arbor?

We get that Levine thinks that Ann Arbor should have done something different.  Levine claims that they could have increased revenues by spending more money on journalism.  (I&#039;ll give him the benefit of the doubt and assume that he has more detail, even though he didn&#039;t with Jarvis.)

Maybe so.

But we don&#039;t see Levine putting his money behind that recommendation.  Curious.</description>
		<content:encoded><![CDATA[<p>&gt; But you believe the industry should be “watching and learning” from cutting journalists’ salaries</p>
<p>Does Levine really believe that that is the only thing that Jarvis believes?</p>
<p>Does he believe that &#8220;cut salaries&#8221; was only recommendation that Jarvis made to Ann Arbor?</p>
<p>We get that Levine thinks that Ann Arbor should have done something different.  Levine claims that they could have increased revenues by spending more money on journalism.  (I&#8217;ll give him the benefit of the doubt and assume that he has more detail, even though he didn&#8217;t with Jarvis.)</p>
<p>Maybe so.</p>
<p>But we don&#8217;t see Levine putting his money behind that recommendation.  Curious.</p>
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		<title>By: Andy Freeman</title>
		<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/#comment-406613</link>
		<dc:creator>Andy Freeman</dc:creator>
		<pubDate>Mon, 28 Dec 2009 19:16:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=5735#comment-406613</guid>
		<description>&gt; Please provide a business name so the U.S. Labor Dept can conduct an appropriate investigation.

Into what?  Be specific.  What law or contract does Levine think that I&#039;ve violated?

I&#039;ll help.  Within contractual and statutory limits, I believe that an employer is free to set and change salaries.  Employees are free to go elsewhere.

FWIW, Levine has said that his employer operates the same way.  Since he has that business name, I&#039;m sure that he&#039;s already forwarded the relevant information to the US Labor Department.  Right?</description>
		<content:encoded><![CDATA[<p>&gt; Please provide a business name so the U.S. Labor Dept can conduct an appropriate investigation.</p>
<p>Into what?  Be specific.  What law or contract does Levine think that I&#8217;ve violated?</p>
<p>I&#8217;ll help.  Within contractual and statutory limits, I believe that an employer is free to set and change salaries.  Employees are free to go elsewhere.</p>
<p>FWIW, Levine has said that his employer operates the same way.  Since he has that business name, I&#8217;m sure that he&#8217;s already forwarded the relevant information to the US Labor Department.  Right?</p>
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		<title>By: Robert Levine</title>
		<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/#comment-406591</link>
		<dc:creator>Robert Levine</dc:creator>
		<pubDate>Sun, 27 Dec 2009 16:51:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=5735#comment-406591</guid>
		<description>Jeff, I hardly see this as a personal attack, and I don&#039;t dislike you. I just dislike your ideas - especially about labor. I think you&#039;re a great teacher and a thoroughly decent guy and I  wish you the best. But you believe the industry should be &quot;watching and learning&quot; from cutting journalists&#039; salaries and I have very strong (and, I suppose, biased) feelings in the opposite direction. That&#039;s about the extent of our disagreement. 

Are you really that shocked to hear that journalists disagree vehemently with your feeling that they should work for less money?</description>
		<content:encoded><![CDATA[<p>Jeff, I hardly see this as a personal attack, and I don&#8217;t dislike you. I just dislike your ideas &#8211; especially about labor. I think you&#8217;re a great teacher and a thoroughly decent guy and I  wish you the best. But you believe the industry should be &#8220;watching and learning&#8221; from cutting journalists&#8217; salaries and I have very strong (and, I suppose, biased) feelings in the opposite direction. That&#8217;s about the extent of our disagreement. </p>
<p>Are you really that shocked to hear that journalists disagree vehemently with your feeling that they should work for less money?</p>
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		<title>By: Jeff Jarvis</title>
		<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/#comment-406578</link>
		<dc:creator>Jeff Jarvis</dc:creator>
		<pubDate>Sun, 27 Dec 2009 06:10:57 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=5735#comment-406578</guid>
		<description>No, only to those who need one.</description>
		<content:encoded><![CDATA[<p>No, only to those who need one.</p>
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		<title>By: Eric Gauvin</title>
		<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/#comment-406577</link>
		<dc:creator>Eric Gauvin</dc:creator>
		<pubDate>Sun, 27 Dec 2009 05:08:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=5735#comment-406577</guid>
		<description>Jarvis caracterizes all his detractors&#039; criticisms as &quot;attacks.&quot;

(then tries to act tough with condescending &quot;get a life, please&quot; meaningless response...)</description>
		<content:encoded><![CDATA[<p>Jarvis caracterizes all his detractors&#8217; criticisms as &#8220;attacks.&#8221;</p>
<p>(then tries to act tough with condescending &#8220;get a life, please&#8221; meaningless response&#8230;)</p>
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		<title>By: Jeff Jarvis</title>
		<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/#comment-406557</link>
		<dc:creator>Jeff Jarvis</dc:creator>
		<pubDate>Sat, 26 Dec 2009 02:25:49 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=5735#comment-406557</guid>
		<description>Rob, 
Won&#039;t you end your attacks even for Christmas. 
Get a life, please. 
I&#039;ll say it once more: enough.</description>
		<content:encoded><![CDATA[<p>Rob,<br />
Won&#8217;t you end your attacks even for Christmas.<br />
Get a life, please.<br />
I&#8217;ll say it once more: enough.</p>
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		<title>By: Robert Levine</title>
		<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/#comment-406551</link>
		<dc:creator>Robert Levine</dc:creator>
		<pubDate>Fri, 25 Dec 2009 18:11:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=5735#comment-406551</guid>
		<description>Maybe, but wouldn&#039;t it be worth trying? At this point, it&#039;s obvious that advertising alone can&#039;t support a serious news-gathering operation. So why are you continue to push that model? By now, even some of the businesses you consult for know your strategies won&#039;t work; Burda, Springer and Holtzbrinck are all lobbying the German government for stronger copyright law enforcement, which you recommended against.

Your suggestion that &quot;the industry should be watching and learning from&quot; your little experiment in Ann Arbor is as irresponsible as it is self-aggrandizing.

@ Freeman, I&#039;m ignoring you until you answer my question: What do you do? Please provide a business name so the U.S. Labor Dept can conduct an appropriate investigation. Looks like they finally got Jeff&#039;s buddy Nick Denton to make some of his journalists full-time: www.mediabistro.com/mediajobsdaily/online/sheila_mcclear_takes_credit_for_gawkers_w2_offer_144664.asp</description>
		<content:encoded><![CDATA[<p>Maybe, but wouldn&#8217;t it be worth trying? At this point, it&#8217;s obvious that advertising alone can&#8217;t support a serious news-gathering operation. So why are you continue to push that model? By now, even some of the businesses you consult for know your strategies won&#8217;t work; Burda, Springer and Holtzbrinck are all lobbying the German government for stronger copyright law enforcement, which you recommended against.</p>
<p>Your suggestion that &#8220;the industry should be watching and learning from&#8221; your little experiment in Ann Arbor is as irresponsible as it is self-aggrandizing.</p>
<p>@ Freeman, I&#8217;m ignoring you until you answer my question: What do you do? Please provide a business name so the U.S. Labor Dept can conduct an appropriate investigation. Looks like they finally got Jeff&#8217;s buddy Nick Denton to make some of his journalists full-time: <a href="http://www.mediabistro.com/mediajobsdaily/online/sheila_mcclear_takes_credit_for_gawkers_w2_offer_144664.asp" rel="nofollow">http://www.mediabistro.com/mediajobsdaily/online/sheila_mcclear_takes_credit_for_gawkers_w2_offer_144664.asp</a></p>
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		<title>By: Jeff Jarvis</title>
		<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/#comment-406484</link>
		<dc:creator>Jeff Jarvis</dc:creator>
		<pubDate>Thu, 24 Dec 2009 12:53:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=5735#comment-406484</guid>
		<description>I think that in your calculation, the business wouldn&#039;t work and everyone would end up unemployed.</description>
		<content:encoded><![CDATA[<p>I think that in your calculation, the business wouldn&#8217;t work and everyone would end up unemployed.</p>
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		<title>By: Andy Freeman</title>
		<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/#comment-406466</link>
		<dc:creator>Andy Freeman</dc:creator>
		<pubDate>Thu, 24 Dec 2009 02:38:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=5735#comment-406466</guid>
		<description>Is Levine saying that Jarvis should work for free or that the money spent on restructuring shouldn&#039;t have spent?  (If he&#039;s going to argue that he&#039;d have done the job for less, I&#039;ll ask why he isn&#039;t doing so, as there is lots of such work to be done.)

As to &quot;that money would have been better spent on reporting&quot;, I&#039;ll note that they were spending that money on reporting, and going down the drain.  I don&#039;t know that it will survive with those changes, but without some change, it was dead.

I think that one should pay what it takes to get folks to show up to do the work that you want done.  And, if you can&#039;t pay that, you go out of biz.

If Levine disagrees, I&#039;ll ask him how often he pays more for housing, transportation, food, etc.  Are salaries different or just journalist salaries?

As to &quot;retain top talent&quot;, the Ann Arbor folks are free to take jobs that pay more.  Why isn&#039;t Levine offering them such jobs?</description>
		<content:encoded><![CDATA[<p>Is Levine saying that Jarvis should work for free or that the money spent on restructuring shouldn&#8217;t have spent?  (If he&#8217;s going to argue that he&#8217;d have done the job for less, I&#8217;ll ask why he isn&#8217;t doing so, as there is lots of such work to be done.)</p>
<p>As to &#8220;that money would have been better spent on reporting&#8221;, I&#8217;ll note that they were spending that money on reporting, and going down the drain.  I don&#8217;t know that it will survive with those changes, but without some change, it was dead.</p>
<p>I think that one should pay what it takes to get folks to show up to do the work that you want done.  And, if you can&#8217;t pay that, you go out of biz.</p>
<p>If Levine disagrees, I&#8217;ll ask him how often he pays more for housing, transportation, food, etc.  Are salaries different or just journalist salaries?</p>
<p>As to &#8220;retain top talent&#8221;, the Ann Arbor folks are free to take jobs that pay more.  Why isn&#8217;t Levine offering them such jobs?</p>
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		<title>By: Robert Levine</title>
		<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/#comment-406464</link>
		<dc:creator>Robert Levine</dc:creator>
		<pubDate>Thu, 24 Dec 2009 02:25:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=5735#comment-406464</guid>
		<description>Reinvented itself, of course, but I think we disagree on how to do that. Since their advertising was in decline, I would have invested to create a product I could have charged for. If the company had cut costs, as you seem to favor, I think they would have had a harder time competing with online publications in the same sector. I know it&#039;s a strained comparison, but look how well the Economist does compared to Times and Newsweek.</description>
		<content:encoded><![CDATA[<p>Reinvented itself, of course, but I think we disagree on how to do that. Since their advertising was in decline, I would have invested to create a product I could have charged for. If the company had cut costs, as you seem to favor, I think they would have had a harder time competing with online publications in the same sector. I know it&#8217;s a strained comparison, but look how well the Economist does compared to Times and Newsweek.</p>
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		<title>By: Jeff Jarvis</title>
		<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/#comment-406462</link>
		<dc:creator>Jeff Jarvis</dc:creator>
		<pubDate>Thu, 24 Dec 2009 01:54:18 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=5735#comment-406462</guid>
		<description>Is it better that your former sister publication E&amp;P died or that it should have reinvented itself, Rob?</description>
		<content:encoded><![CDATA[<p>Is it better that your former sister publication E&amp;P died or that it should have reinvented itself, Rob?</p>
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		<title>By: Robert Levine</title>
		<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/#comment-406460</link>
		<dc:creator>Robert Levine</dc:creator>
		<pubDate>Thu, 24 Dec 2009 01:43:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=5735#comment-406460</guid>
		<description>It&#039;s admirable that you choose to teach - I think that&#039;s great and the work you do at CUNY is fantastic. (I suspect I&#039;d disagree with the advice you offer, but that certainly doesn&#039;t mean I don&#039;t respect you for giving it.) But that&#039;s not the point. When the Ann Arbor News was in trouble, you recommended that employees take a pay cut - then said it would improve the product. If an organization you worked for was in the same situation, would you do the same? And if so, how would that affect your motivation?

As for Billboard, I&#039;ve heard that the new owners plan on investing in the business, and I hope that&#039;s the case. (I don&#039;t have any inside information.) If so, they will improve their competitive position in a way that will allow them to continue to collect subscription revenue at a time when advertising is in decline. If they make substantial cuts, I think they&#039;ll weaken the product and have a harder time charging for subscriptions. That&#039;s just my opinion, of course, and I wish everyone there the best whatever they do.</description>
		<content:encoded><![CDATA[<p>It&#8217;s admirable that you choose to teach &#8211; I think that&#8217;s great and the work you do at CUNY is fantastic. (I suspect I&#8217;d disagree with the advice you offer, but that certainly doesn&#8217;t mean I don&#8217;t respect you for giving it.) But that&#8217;s not the point. When the Ann Arbor News was in trouble, you recommended that employees take a pay cut &#8211; then said it would improve the product. If an organization you worked for was in the same situation, would you do the same? And if so, how would that affect your motivation?</p>
<p>As for Billboard, I&#8217;ve heard that the new owners plan on investing in the business, and I hope that&#8217;s the case. (I don&#8217;t have any inside information.) If so, they will improve their competitive position in a way that will allow them to continue to collect subscription revenue at a time when advertising is in decline. If they make substantial cuts, I think they&#8217;ll weaken the product and have a harder time charging for subscriptions. That&#8217;s just my opinion, of course, and I wish everyone there the best whatever they do.</p>
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		<title>By: Eric Gauvin</title>
		<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/#comment-406448</link>
		<dc:creator>Eric Gauvin</dc:creator>
		<pubDate>Wed, 23 Dec 2009 21:40:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=5735#comment-406448</guid>
		<description>Jeff Jarvis is a self-sacrificing university professor. I read it on the internets.</description>
		<content:encoded><![CDATA[<p>Jeff Jarvis is a self-sacrificing university professor. I read it on the internets.</p>
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		<title>By: Mike Manitoba</title>
		<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/#comment-406447</link>
		<dc:creator>Mike Manitoba</dc:creator>
		<pubDate>Wed, 23 Dec 2009 21:28:26 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=5735#comment-406447</guid>
		<description>Happy holidays, everybody.</description>
		<content:encoded><![CDATA[<p>Happy holidays, everybody.</p>
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		<title>By: Jeff Jarvis</title>
		<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/#comment-406444</link>
		<dc:creator>Jeff Jarvis</dc:creator>
		<pubDate>Wed, 23 Dec 2009 20:42:09 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=5735#comment-406444</guid>
		<description>Stop the insults (the infantile ***tards) or I will have to ban you again.</description>
		<content:encoded><![CDATA[<p>Stop the insults (the infantile ***tards) or I will have to ban you again.</p>
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		<title>By: Robert Levine</title>
		<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/#comment-406443</link>
		<dc:creator>Robert Levine</dc:creator>
		<pubDate>Wed, 23 Dec 2009 19:45:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=5735#comment-406443</guid>
		<description>@ Freeman
&gt;&gt;&gt;What would Levine have had Ann Arbor do instead of reducing salaries across the board? If he’s going claim that there was some money left for salaries, let’s see some evidence.

The evidence is Jeff&#039;s consulting money - he doesn&#039;t work cheap, so they obviously had some cash. I think that money would have been better spent on reporting. 

Once again, that&#039;s Rob or Mr. Levine to you, Freetard. And _please_ tell us how YOU retain top talent when you advertise yourself as so eager to make salary reductions.</description>
		<content:encoded><![CDATA[<p>@ Freeman<br />
&gt;&gt;&gt;What would Levine have had Ann Arbor do instead of reducing salaries across the board? If he’s going claim that there was some money left for salaries, let’s see some evidence.</p>
<p>The evidence is Jeff&#8217;s consulting money &#8211; he doesn&#8217;t work cheap, so they obviously had some cash. I think that money would have been better spent on reporting. </p>
<p>Once again, that&#8217;s Rob or Mr. Levine to you, Freetard. And _please_ tell us how YOU retain top talent when you advertise yourself as so eager to make salary reductions.</p>
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		<title>By: Andy Freeman</title>
		<link>http://www.buzzmachine.com/2009/12/22/bankruptcy-squandered/#comment-406433</link>
		<dc:creator>Andy Freeman</dc:creator>
		<pubDate>Wed, 23 Dec 2009 16:54:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=5735#comment-406433</guid>
		<description>&gt; While most employment is ‘at will,’ it’s unusual to see salaries fall across the board at once.

Bankruptcy is also unusual.

&gt; This is bad for morale, which is bad for any product. It also drives away the best people, who have the kind of initiative and ambition to come up with the kind of ideas that can help a troubled business.

All that&#039;s true, but it&#039;s a long way from &quot;unjust&quot;.  And, we&#039;ve yet to see that Ann Arbor had an alternative.

Levine first said that salary reductions were &quot;unjust&quot;.  Now we find that they&#039;re acceptable in some circumstances, so the unjustness, if any, is circumstance-specific.

What would Levine have had Ann Arbor do instead of reducing salaries across the board?  If he&#039;s going claim that there was some money left for salaries, let&#039;s see some evidence.  If not, then pay folks more involves paying fewer people.  So, who else gets cut, and why isn&#039;t that at least as bad?</description>
		<content:encoded><![CDATA[<p>&gt; While most employment is ‘at will,’ it’s unusual to see salaries fall across the board at once.</p>
<p>Bankruptcy is also unusual.</p>
<p>&gt; This is bad for morale, which is bad for any product. It also drives away the best people, who have the kind of initiative and ambition to come up with the kind of ideas that can help a troubled business.</p>
<p>All that&#8217;s true, but it&#8217;s a long way from &#8220;unjust&#8221;.  And, we&#8217;ve yet to see that Ann Arbor had an alternative.</p>
<p>Levine first said that salary reductions were &#8220;unjust&#8221;.  Now we find that they&#8217;re acceptable in some circumstances, so the unjustness, if any, is circumstance-specific.</p>
<p>What would Levine have had Ann Arbor do instead of reducing salaries across the board?  If he&#8217;s going claim that there was some money left for salaries, let&#8217;s see some evidence.  If not, then pay folks more involves paying fewer people.  So, who else gets cut, and why isn&#8217;t that at least as bad?</p>
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