Appropriate Quote by Sam Zell
“When all is said and done, what must be remembered is a newspaper is a business. It used to be a fabulous business that made extraordinary margins. It's now a very good business with appropriate margins.”
About This Quote
Source Speech: Business Conference, 2015
Media businesses must be viewed as profit-driven enterprises, not idealistic institutions.
In simple terms: Newspapers are businesses with margins.
Treat media as a business.
Themes
Mood
Type
When to use this quote
- investment decisions
- media management
- financial planning
- strategic pivots
Key Concepts
Questions to Reflect On
- How can profit goals align with journalistic ethics?
- What strategies balance revenue and public service?
Profit motives can conflict with editorial integrity.