I used to direct the annual strategic plan for a weekly news magazine. If you’ve kept even half an eye on media news, you can just imagine how some of those planning sessions went. At various times everything about our business would get dissected, analyzed, attacked or defended. It got down to such introspection as, “What are we, why are we here, and what is news?” Media Philosophy 101.
With the knowledge that we were an advertising-based business in print, online and with events, one person said we were a media company. Another (probably a marketer, though I don’t recall) chimed in,
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