Business Quote by Richard Kern
“A lot of the point mags are going out of business. They dropped the pay tremendously and it's all because of the internet. I used to go out once a month to LA and shoot for one week. I'd make a ton of money then come back to New York and do whatever I wanted.”
About This Quote
Source Interview: Interview with Richard Kern, 1998
The decline of print magazines is driven by the internet, which has changed revenue models and reduced traditional work opportunities.
In simple terms: Internet has hurt print magazines financially.
Key Takeaway
Adapt to digital platforms.
Themes
media
technology
economics
culture
Mood
pragmatic
optimistic
Type
business
inspirational
When to use this quote
- publishing
- advertising
- content creation
- career planning
Key Concepts
digital disruption
business model shift
creative work
Questions to Reflect On
- How can creators sustain income online?
- What new opportunities arise from digital media?
A Different Perspective
Transition may be challenging for established professionals.
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