‘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

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.