Stop the presses! Shyam Jha, a professor at the UA's Eller College of Management, has discovered that newspapers are in financial trouble! Turns out there's this Internet thing that's lessening the demand for the print product and blogs that provide commentary and all these new things like Twitter that break news.
In an op-ed from today's morning daily, Jha notes that "the vigil for the demise of ink-on-paper version of newspapers is on. Unless they realize they are in the information business, rather than in the business of printing and distribution, they will go the way of the typewriter and horse buggies."
To which we reply: Duh. I would think that if a student at Eller turned in this analysis, he'd get maybe a C for stringing together a bunch of factoids and coming up with a conclusion that most of us made years ago. Why is the Star printing this? Did the editors lose a bet to Shyam?
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