Innovation and reaction: facing the challenge of mastering disruption
Scott D. Anthony Innosight
Newspaper companies have never had it tougher. Over the past 12 months, giants have been acquired at bargain basement prices, and survivors have seen earnings plummet and stock prices sink. Companies hoping to re-ignite growth need to move quickly to master the forces of disruptive innovation coursing through the industry. By almost any measure, the industry is in trouble. With lower circulation and print advertising revenue, shares of leading U.S. newspaper companies have lost about half their value since...