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Daniel Akst

Daniel Akst - Dan Akst is a journalist, essayist and novelist who wrote three books. His novel, The Webster Chronicle, is based on the lives of Cotton and Increase Mather. More

Dan Akst is a journalist, novelist and essayist whose work has appeared frequently in The New York Times, The Wall Street Journal, The Boston Globe, Wilson Quarterly, and many other publications.

The death of newspapers (contd)

By Daniel Akst
Jun 10 2009, 9:56 AM ET Comment

From the Boston Globe:

One stock analyst, Craig Huber of Barclays Capital, issued a report this week suggesting Times Co. shares could fall to $1 each within the next year. That's cheaper than the price of a daily Times.

"In our opinion, newspapers cannot cost cut themselves to prosperity and an online-only newspaper model is not profitable, not even close," Huber wrote. "We do not have a solution on how to solve the difficulties newspapers face."




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