
I get a couple media-industry newsletters, which lately have made gruesome reading: The blood is running deep in most media companies, and today came the news that the New York Times, from which I get some of my better freelance assignments, is borrowing against its own brand-new building to meet cash shortages.
The same paper today runs an essay on how constantly rains such bad news these days. My favorite line:
Read the whole thing at Stoking Fear Everywhere You Look: