Tuesday, November 25, 2008

Sam Zell To Newspapers: Stop Acting Like Punks

From Gawker:

Embattled Porfolio editor Joanne Lipman interviewed embattled Tribune publisher Sam Zell recently, in a dynamic meeting of the embattleds! Zell is a well-known asshole, but kind of lovable too (if you don't work for him), because he tells the hard truth no matter what. He admits that newspapers' business model was screwy and outdated. He admits that newspapers will never again be able to "break news" in print on a regular basis. He talks shit to Arthur Sulzberger. And he charmingly scoffs at the expensive pursuit of Pulitzers by newspapers that can't even cover daily news in their own cities.

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