Spinning like a top!

The Bee's explanation for McClatchy's sharp drop in revenue is a lot of spin. Here is The Bee's 9/19/07 version as of 4:43 PDT: http://www.sacbee.com/103/story/387541.html

In other words, "Newspapers everywhere are in a slump." Well, the dinosaur media - not just newspapers - are getting whacked by consumers. Now that consumers have more choices for where they get the news, they are dumping the mainstream media. Why waste time and money reading The Bee's version of news when there are so many more sources available? And when so many of the alternate sources are more trustworthy than The Bee?

UPDATE 9:50 AM. The above link now requires sign-in and password. Last night it didn't.