Steering into the iceberg, the Troubled Tribune company rearranges the deck chairs on the Titanic. The redesign of Trib’s Baltimore Sun and prototypes of the new Chicago Tribune are distress calls. This is what we get from the new captains, former shlock-radio execs: talk-radio on newsprint, passed off as innovation. The ghosts of Mencken and Col. McCormick are stirring.
Analysts aren’t. One says “the recent efforts to polish the paper or slim down its staff haven’t done anything to buff up the media company’s financial outlook.”
All of which recalls John Jacob Astor’s line at the bar of the Titanic.