I’ll Take Gary Gnu’s for $400, Alex.

Clay Shirky guestblogs a rather interesting opinion regarding the recent bankruptcy filing of the Tribune. And as a sidenote, I came across this article regrading the rather unhealthy financial situation of the New York Times.

Two thoughts:

#1 – I find interesting is the stark reality ahead for news services and music companies. It’s clear the game has changed and changed in many ways that were predicted and simply ignored. What I think will be interesting is these organization’s response.

#2 – I think the lack of innovation from newspapers in general is pure Hubris plain and simple. Hubris is defined as by the Wikipedia is:

…a term used in modern English to indicate overweening pride, self-confidence, superciliousness, or arrogance, often resulting in fatal retribution.

And one more sidenote, to the sidenote. I was kind of taken aback by Christie Hefner’s rather abrupt departure from Playboy Enterprises. Damn ex-Bunny feelings come back every now and again even after 11 years.