@AOP: Mecom CEO Sees Carnage, Pessimism And Income Never-To-Return

David Montgomery

The traditional print media business model is “economically bankrupt”, newspapers face a leaner future with fewer staff and the industry needs to shed its pointless, egotistic obsession with dead trees. This cheerful critque of the news biz came from David Montgomery, CEO of UK-listed European newspaper publisher Mecom and former CEO of Mirror Group Newspapers, at the Association of Online Publishers summit in London on Wednesday.

For nearly 20 years, he’s been telling journalists why they need to get more efficient to save their jobs. If anything, his cause is now more urgent: he says Mecom’s revenue will this year plummet 20 percent, or

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