“It has become pretty clear that advertising alone is not going to sustain on-line business models. Quality journalism has to be paid for.” — John Ridding, CEO of The Financial Times, in the New York Times, on the paper’s 2001 decision to charge readers for access to its website. Now that other publishers are looking to do the same, Ridding is enjoying the company. “It was pretty lonely out there for while in paid land.”
“Specter got it all wrong that I ever used words ‘death boards.’ Even liberal press never accused me of that. So change ur last Tweet Arlen.” — Chuck Grassley, Republican Senator of Iowa, to Democratic Senator Arlen Specter on Twitter. The two were feuding about health-care reform, specifically end-of-life care.
“One of my colleagues locks the door at the meeting start. Trust me, no one ever arrives late a second time.” — Mattel (MAT) CEO Bob Eckert, in “The Best Advice I Ever Got” in the new issue of Fortune.
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