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.
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Filed Under: bankruptcy, newsprint


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  • identicon
    Glurbie, 20 Mar 2009 @ 4:15pm

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

    reply to this | link to this | view in chronology ]

  • identicon
    epc, 20 Mar 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 chronology ]

  • identicon
    Anonymous Coward, 21 Mar 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 chronology ]

    • identicon
      Anonymous Coward, 21 Mar 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 chronology ]

  • identicon
    Anonymous Coward, 21 Mar 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 chronology ]


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