Wall Street Journal chief upbeat about print

The chief executive of Dow Jones, the company that publishes the Wall Street Journal, does not believe newspaper are heading for extinction. Richard F. Zannino challenges conventional wisdom by predicting "a bright future" for print. "It's not all doom and gloom," he told a Minneapolis conference. But the WSJ knows it has to change. A major redesign is under way for January with a smaller format. (Via sabew.org)