In your monstrous Monday media column: TWITTERTWITTERTWITTER, a German plan to save newspapers, the shockingly democratized Portfolio.com, and Chicago sports writer wars. TWITTERTWITTERTWITTER.
Here is a plan to save newspapers, from the German publisher of the biggest daily paper in Europe: You can see links for free, but you pay for all the news content you read on the internet, either per-story or a flat subscription rate. Is not a bad idea! Now just put it into place and make it work before you go bankrupt. That's the trick.
This, then, is the only thing left of Conde Nast's $100 million investment in Portfolio: a repurposed Portfolio.com, with more news you can use, and an owner who "wants it to be a must-read site for small- and medium-size business owners." How declassé!
Last week the Chicago Sun-Times lost a sports columnist to the Chicago Tribune. This week, the Chicago Tribune lost a sports columnist to the Chicago Tribune. Next week, both papers will still be going broke, and all the Chicago sports teams will still be mediocre.