True," this is ENP Reports, a service of Editor and Publisher magazine since 1884, the authoritative voice of news publishing. Hello again, Mike Blinder, publisher of ENP magazine, and I am honored today to have the valuable time of Walter E. Hussman Jr. Many of you know who Mr. Hussman is. Walter, I mean, he was ENP's Publisher of the Year back in 2008. He was inducted into the Arkansas Business Hall of Fame. He's also inducted into the North Carolina Media and Journalism Hall of Fame. There is a journalism school named after his family, and he is the owner and president of WECO Media, the parent company of the Arkansas Democrat Gazette. Who, in the last two years, made one of the most major decisions, I believe, in the history of newspapers — decided to stop printing the print publication, provide the same news quantity and quality digitally, and in order to maintain their circulation, purchase expensive products (iPads) and give them to their readership. And by doing their pro formas, they could maintain profitability. In other words, shutting down that press, shutting down those distribution costs, helped him maintain the jobs in his newsroom so he could do what's the most important function we do, which is generate news. So we're going to check in with Walter and, of course, get an update on how the last year has been with this exciting, innovative, and challenging project of converting a print population into a digital world. We're also going to ask him his opinions on the non-profit moves of some newspapers, how he feels about paid content from the and Facebook world, and where he's at in our sustainability as an industry. It's a fascinating dialogue, and I urge you to stay with us through the entire...
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