Competition
In a letter published in the July 19, 2006 issue of Honolulu Weekly, publisher Laurie V. Carlson noted the Stephens Media Group has offered to buy the Journal, but Honolulu Weekly refused its offer. She added, "Apparently Stephens sees the Journal as a threat to their printing and daily newspaper monopoly because they are launching what they refer to as an alternative (to what, one might ask?) publication. We suspect that whatever they come up with will be entertainment heavy and will avoid the serious issues that can draw criticism and cancelled advertising orders from the advertising community."
In December 2006 the aforementioned Stephens publication made its debut as Big Island Weekly. Speaking on the Journal's demise, Carlson told the Honolulu Star-Bulletin that " can run something that was heavily subsidized and we can't. It's a very sad thing."
Read more about this topic: Hawaii Island Journal
Famous quotes containing the word competition:
“Knowledge in the form of an informational commodity indispensable to productive power is already, and will continue to be, a major—perhaps the major—stake in the worldwide competition for power. It is conceivable that the nation-states will one day fight for control of information, just as they battled in the past for control over territory, and afterwards for control over access to and exploitation of raw materials and cheap labor.”
—Jean François Lyotard (b. 1924)
“Wearing overalls on weekdays, painting somebody else’s house to earn money? You’re working class. Wearing overalls at weekends, painting your own house to save money? You’re middle class.”
—Lawrence Sutton, British prizewinner in competition in Sunday Correspondent (London)
“Competition has been shown to be useful up to a certain point and no further, but cooperation, which is the thing we must strive for today, begins where competition leaves off.”
—Franklin D. Roosevelt (1882–1945)