Archive for July 9th, 2008

‘Investors no longer care who the editor is’

9 July 2008

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

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