Introducing "The Media Biz," a new blog by Jeff Klein, an experienced newspaper, B2B and web publisher whose reputation and background demand attention.
When I left the Los Angeles Times in late 1998 to start a new magazine and internet publishing company, I never imagined how bad it could get at my long time employer.
I had spent 15 rewarding years at the paper in a variety of legal and management positions. I knew the Times was caught in a time warp, refusing to recognize the real and serious threat of the internet.
I knew it was a slow-moving aircraft carrier where committees and departmental fiefdoms slowed down decision making.
I knew it was arrogant and didn’t care enough about the changing reading and buying habits of its readers.
But I never expected it would be part of a company filing for bankruptcy.
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