From daily to digital: Walter Hussman and the future of newsmedia
Walter E. Hussman Jr., chairman of WEHCO Media and publisher of the Arkansas Democrat-Gazette, is at war again. This time, it's with the internet. But rather than face his competitor head-on in what would most certainly be a losing battle, he's leaning in and gambling on a new strategy.
"People don't realize how bad things are," he says. "The newspaper industry in America is verging on total collapse ... You're going to start seeing more daily newspapers close. We've lost Arkadelphia. We lost Hope. I think we're going to lose more.
"It's a real challenge for the Democrat-Gazette, too. We've got to figure out a new business model because the one we're on just is not working."
Read this article from Arkansas Money & Politics