Amid the soul-searching about the media business and tough times ahead in the internet age, there's been little focus on one of the key fundamentals: massive debt. Many of our industry's problems aren't the result of the business model being screwed up per se, but rather because of really bad business decision-making - a fascinating parallel to subprime borrowing, in fact. This interesting article from Silicon Valley CEO Alan Mutter explains more.
TAGS: the biz, future of journalism
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