Newspaper Biz Unprintably Bad, Says NYT Board Member

Oct. 27 2008, Published 7:07 a.m. ET

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SURE HE'S HOT, BUT IS HE BRIGHT? Scott Galloway So, what does one of the newest members of the New York Times Co. board think of the industry? Not long ago, Portfolio writer Sheelah Kolhatkar sat down with one of the paper's two new board members, the N.Y.U. marketing professor (and apparent jackass) Scott Galloway.

"Let me be clear: I think the newspaper business is a shitty business," Galloway tells me, in his spartan little office at Harbert Management during an interview that took place before he became actively involved with the company. "The Sacramento Bee, the Chicago Tribune—I think a lot of those newspapers are fucked." Not the Times, however: "The New York Times is like Yahoo with content," Galloway says.
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