Yesterday, Google CEO Eric Schmidt spoke at the Newspaper Association of America's annual death procession. During the Q&A session, according to Valleywag, Schmidt answered every blogger's favorite question of rumination: what did newspapers do wrong? Schmidt answers:
This just in: the SF Chronicle is (practically) up for sale. Word is that "if they don't sell it, they'll shut it down." No deadline communicated yet.
As local, national, and worldwide print publishing continues to take a brutal, Christ-like thrashing -- take, for example, the San Jose Mercury News' recent layoffs and a 30% drop in the San Francisco Chronicle's daily circulation -- the time-honored watering hole for "crusty but benign" journos, it seems, has also taken a beating.
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