Posted on 10/19/2012 9:49:33 AM PDT by PJ-Comix
The Associated Press published an article on the reasons for the demise of the print of edition of Newsweek but skipped any mention of the former editor of that magazine, Jon Meacham, who was instumental in ensuring its failure. It's the equivalent of publishing an article on the reasons why the Titanic sunk in which the word "iceberg" does not appear.
What Meacham did to destroy Newsweek was so absurd that he really deserves a plaque in the Bad Business Decisions Hall of Fame. Am I exaggerating? Here is Howard Kurtz at the Washington Post explaining the business "genius" of Jon Meacham in May 2009:
(Excerpt) Read more at newsbusters.org ...
"YOU'RE FIRED!!!"
Selling fewer copies of the magazine? That will increase profits!
Gas prices are really low?? Oh Oh! That tells you we're going into a recession!
Gas prices have doubled? Well, I guess that's why the economy is so strong ...
Major league idiot FAIL!
Another fine example of MBA think.
But just look at the bright side. With his radical ideas, it is a match made in heaven for Meacham to join Obama's team.
He can have an entire country to complete applying his fiscal magic.
Progressive Liberals can never be too ignorant, too incompetent or too inept.
When you bash at least half of your subscribers on a regular basis, it's hard to keep doing what you've always done.
Buh-bye, fishwrap!!
Tripling food stamp recipients and increasing government-supported poverty will apply a permanent huge boost to the recovery!!
...Newspeak... ain't it wonderful?
Meacham found a job... on PBS!
The Web killed Newsweek and is in the process of killing Time.
Jon may have accelerated the process, but he didn’t cause it, and different decisions wouldn’t have made a bit of difference in the long run.
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