OG journo-blogger Matt Welch on legacy media, like the Village Voice & LA Times:
Never could adapt to the new reality. It’s a success curse.
When you’re making that much money, you’re that powerful, the people who work for you—including yourselves—are not going to solve the industry once the industry turns and changes.
This is not just a media problem.
Same could be said of Google right now.
How do you change when the change threatens your business model?