Who ever thought that journalism would morph into a hobby rather than a career? That seems to be what is happening with newspaper circulations in free fall and the finest brains in the industry trying to work out how to save that old print dinosaur because they also can’t figure out how to make money from the swelling switch to the internet.
Staff across the board — and across continents — has been cut back to starvation rations, and so too have salaries. In London the Independent Group is fighting for its life as money flows out faster than readers, or certainly faster than ketchup out of a Heinz bottle — the chairman who just stepped down used to be the head of Heinz.
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Originally published in The Huffington Post on the 2nd of April, 2009.