Nasty business this journalism
Picked up the SFExaminer in my driveway to check on some local news and read that the Daily News, another local throwaway, is making cuts. Here's some history. The tabloid Daily News started out about a decade ago in Palo Alto, and had such success it started expanding. Redwood City, San Carlos, San Mateo... all of them making money hand over fist. It was so successful that it spawned a competitor in the San Mateo Daily Journal and the SF Examiner, after Hearst sold it, changed it's format and distribution model to match. All these pubs were making money during the big media downturn. Then the Daily News organization got bought by Knight Ridder, making the founders incredibly rich ... and things started going south almost immediately. See the thing about the Daily News is it was a LOCAL daily on the Peninsula covering LOCAL news. Something we didn't have. They sold ads locally and ... here's the best part ... the website didn't have the local news. They said...