I like Mark Cuban. I think he is very thoughtful, so when he wrote in his blog, ” If you are interested in the newspaper publishing business, this is the most interesting article I have found so far.” I took a look at it. Very timely indeed, as you see from the snippet below. The kicker? It was published in Time magazine in 1954. Food for thought.

president stepped up before 1,000 newspaper production men and said sternly: “The day of easy money [for newspapers] is gone . . . Some newspapers have shrunk, and more have died than we like to talk about. More will shrink and die if we do not meet our present-day problems.” Publisher Slocum was gloomy about the newspaper business with reason. All over the U.S., rising costs have squeezed profit margins of newspaper publishers to the lowest point in years.

via The High Cost of Publishing – TIME.