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Failures

by Mike Masnick

Fri, Mar 20th 2009 3:52pm




Filed Under:
bankruptcy, newsprint


Buggy Whip Newsprint Maker Looks To Avoid Bankruptcy

from the it's-what-happens dept

It's common to point to "buggy whip" makers as an example of a business that was eventually (mostly) destroyed by a new technology -- though, to be fair, the buggy whip makers were secondary victims. It was the horse-carriage industry that was knocked out by automobiles. The buggy whips were a second order casualty. The same thing may now be happening with newsprint paper makers. While newspapers are struggling left and right, one of the major newsprint suppliers is now struggling to avoid bankruptcy as well.

7 Comments | Leave a Comment

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  1.  
    identicon
    Glurbie, Mar 20th, 2009 @ 4:15pm

    Does that mean that on-line news is a 'green' technology?

     

    [ reply to this | link to this | view in thread ]

  2.  
    identicon
    Anonymous Coward, Mar 20th, 2009 @ 4:58pm

    Re:

    No, that means that online news is somehow to blame.

     

    [ reply to this | link to this | view in thread ]

  3.  
    identicon
    epc, Mar 20th, 2009 @ 6:23pm

    No one could foresee the impact of repeated price increases…

    Is AbitibiBowater one of the companies which intentionally cut back newsprint production to help push through newsprint price increases repeatedly from 2000-2008?

     

    [ reply to this | link to this | view in thread ]

  4.  
    identicon
    Anonymous Coward, Mar 21st, 2009 @ 7:30am

    While I was glad to see the (mostly) in your article, would you please quit picking on the buggy whip industry. While it may be significantly reduced in scale, it is alive and doing fine in rural America where I see buggies on a daily basis.



    Sorry, just couldn't resist trying to add some humor.

     

    [ reply to this | link to this | view in thread ]

  5.  
    identicon
    Anonymous Coward, Mar 21st, 2009 @ 11:57am

    "New vaccine saves millions, funeral home goes out of business."

    Screw em if they can't handle progress

     

    [ reply to this | link to this | view in thread ]

  6.  
    identicon
    Anonymous Coward, Mar 21st, 2009 @ 1:47pm

    Re: buggy whip industry

    But what makes it an easy target is the whining that occurred as a result of the horseless carriage.

     

    [ reply to this | link to this | view in thread ]

  7.  
    identicon
    Dave, Mar 23rd, 2009 @ 6:18am

    Re: Re: buggy whip industry

    The horseless carriage is but a trend. I can see the buggy whip industry going strong forever.

     

    [ reply to this | link to this | view in thread ]


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