The New York Times recently considered dropping the stock tables from print, but research showed the Gray Lady would have a revolt on its hands. You have to be agnostic in regards to distribution. Pearlstine's main concern is how much capital skips magazines as companies pour money into online ventures. And where the money goes, talent follows. Print journalists moving to Web sites don't always understand the differences between the media, however.
Business news has to tell people what to do with their money.
And Web journalists are often called upon to do multitasking. Thomas-Graham said that journalists who can seamlessly move within the franchise are clearly more valuable. But Pearlstine said that he would not make a gifted print writer file an audio report for radio. The requisite finance guys dropped by MOMA to predict the implications of Nasdaq's recent nosedive on the Web industry as a whole. Henry Blodget said the changes are lasting.