Buggy Whip Newsprint Maker Looks To Avoid Bankruptcy

from the it's-what-happens dept

Fri, Mar 20th 2009 3:52pm — Mike Masnick

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

7 Comments

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Glurbie, 20 Mar 2009 @ 4:15pm

Does that mean that on-line news is a 'green' technology?
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- Anonymous Coward, 20 Mar 2009 @ 4:58pm
  
  Re:
  No, that means that online news is somehow to blame.
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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?
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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.
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- 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.
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  - Dave, 23 Mar 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.
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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
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