Media Pretty Much Exactly Like Automotive, Cruise Ship Industries
Should Time Warner shed Time Inc.? David Carr seems to think it should, suggesting that Time Inc. prove itself quickly or be sold. "A very large boat," says Carr, "will have to be turned around very quickly with little additional investment." It's an industry-wide problem, and not just in print media: As Les Moonves recently told the Times, "we are changing our tires on a car going 80 miles an hour." Still, when one's employer has been likened by its own employees to an "ocean liner that turns slowly but with great power," we can understand a good transportation metaphor's appeal.
Contemplating Time Warner Without Time [NYT]
A Tortoise Savors The Lead [NYT]
New York Times Company [Vault]