Carlyle's Pearlstine sees a future for magazines, newspapers by George White

As seen on The Daily Deal

Norman Pearlstine, a senior advisor at the Carlyle Group and former editor in chief of Time Inc., spoke at the 2008 Leadership in Media Forum on Wednesday morning about the future of newspapers and magazines.

"There are still plenty of reasons for owning a newspaper," Pearlstine said. "They remain viable business; they can be profitable; but they won't have the kinds of margins that they [had before the Internet]." READ MORE...