Good Evening. I’m Old Media.

Our response to date as an industry has been as equally inefficient and in many cases emotional. “You’re gonna miss us when we’re gone” is not much of a business model.

– From MediaNews Group and Journal Register Company CEO John Paton’s speaking notes for an address to the Canadian Journalism Foundation

One More Newspaper Gives Up the Ghost: Spanish Language Hoy New York Goes Web-Only

Here’s another newspaper that’s giving up on newsprint and going all-digital: Hoy New York, a free Spanish-language daily, published its last print edition today. The move will cost 16 employees their jobs says John Paton, CEO of Impremedia, the publisher that owns Hoy and several other Spanish-language titles, including El Diario La Prensa in New York and La Opinion in Los Angeles.