‘Investors no longer care who the editor is’

The Washington Post has a new executive editor, former Wall Street Journal managing editor Marcus Brauchli. Newsweek asked John Morton, a newspaper industry analyst, on how Wall Street would view Brauchli’s ascension to the top job:

“I don’t think Wall Street gives a crap about who the editor of anything is anymore. They’re not interested in the journalism. All they care about is the next quarter and if it’s going to get better or worse.”

Read the full interview: The paper chase

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