Bob Lefsetz, a former music industry executive who rants on about his former industry and its inability to accept change, recently commented on the newspaper industry. (Click here for full post. Thanks to Mark Potts for the link.)
Bob is a fan of Sam Zell and Lee Abrams and many of his points have been repeated elsewhere. But the great line of his post in response to newspaper executives tired of the new regime:
If those running the newspapers were so damn smart, they wouldn’t be in this predicament.
