API to help newspapers come up with reinvention plan

Editor & Publisher reports a "Crisis Summit" for newspaper CEOs, hosted by The American Press Institute (API), will take place Nov. 13. The conference will be "a facilitated discussion of concrete steps the industry can take to reverse its declines in revenue, profit and shareholder value." 

The discussion will be led by a "former turnaround" CEO James B. Shein. Shein said, "The critical role of journalism can only be preserved if the newspaper industry can come through its current crisis." He added that newspapers need to understand "how far along the 'crisis curve' they've traveled" and find effective means to "reverse that journey." Ultimately, Shein hopes the conference will help CEOs and executives "lay out the steps they will need to take to begin the renewal process." 

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