Guardian :: Touted by industry worthies as the digital future in the making, the Journal Register is more a business of financial engineering.
[Michael Wolff:] ... while the journalists covering this story, or recruited to be part of it, keep talking about the prospects of growth in the digital future, the financial guys have seen the more immediate and darker issue: neither the print nor the digital operations are going to pay them back – meaning: if the customer won't pay, they have to turn somewhere else.
A report by Michael Wolff, www.guardian.co.uk
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