Investing

The Media's Lost Generation

By Lesley M. M. Blume of The Big Money

Last month, a media executive met with a headhunter to plan his next career move. With years of experience at a major media organization, the executive figured that he had some good ammo to jump to the next level, even in the current economic climate.

The meeting did not go well.

“The headhunter essentially told me not to even bother trying,” says the executive. “He told me, ‘The old media model is broken.’ The message was that there really isn’t a next step to take.”
 

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