The Gerontology of Print

http://www.futureofcapitalism.com/2010/11/the-gerontology-of-print

Back in August, I noted that the 90-year-old Rev. Sun Myung Moon was buying back the Washington Times and that the 92-year--old Sidney Harman was buying Newsweek. Little did I realize at the time that the Martha's Vineyard Gazette, a wonderful newspaper of which I am a paying subscriber and regular reader, was for sale, or that it would be bought, in a sale announced today, by 85-year-old Jerome Kohlberg and his wife Nancy.

As I put it then, "What's the takeaway? Do you have to be older than 90 to have the years of accumulated wisdom to see the value in a print publication? Or to have a short-term enough investment outlook not to worry that that value will be eroded by the Internet?"

Here's hoping Mr. Kohlberg and whatever publisher he hires keeps the quality up, because the paper really is a treasure.

by Ira Stoll  |  Nov 26, 2010 at 5:36 pm Related Topics:  Martha's Vineyard, Press receive the latest by email: subscribe to the free futureofcapitalism.com mailing list