End Times: The Daily Show and yesterday’s daily

16 Jun
What's black and white and red all over?  Your balance sheet.

What's black and white and red all over? Your balance sheet.

You would think that organizations that have spent an inordinate amount of time researching and explaining new discoveries, innovations, and trends would be way ahead of the curve when it comes to their own path. Not newspapers.

Go to the video to see Jon Stewart (and reporter Jason Jones) savage the New York Times.

Best line: “Landlines?” “You guys are like a walking colonial Williamsburg.” Woot.

“When a company like NYTCo is healthy and generating cash, none of this really matters. The New York Times’s value isn’t in buildings or land–it’s in the value of the brand and ongoing business, which aren’t reflected on the balance sheet. Now that NYTCo has gotten itself in a financial pickle, however, the balance sheet and current cash flows matter a lot.” – Business Insider.com

Note the office dress code at the Times: White shirts, ties (no bowties or suspenders in this video). Like Mad Men without the flair.

I laugh, but I cry after having lived in the realm for many years. It’s like a good zombie pic from here on out.

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