Newspaper circulation decline — I'm loving this.

Every other day Jarvis talks about the circulation decline at newspapers like this:

I’ve already had one investment group targeting the acquisition of a major “newspaper in trouble” ask me to join their effort. I declined because it would have been the two or three slot in the company (which is not really rewarding for me). However, watching this industry come apart has been absolutely fascinating to me, and the fact that folks can’t figure out the obvious place for print in this world is just shocking. Come on people, this is really simple… wake up and accept the fact that 90% of your audience does not want a newspaper on their doorstep every day. Why these executives are so obsessed with dead trees is bizarre to me–it’s the message NOT the medium people!

Sometimes I wish I was unemployed, because if I was I would get my own investment group together and start buying a couple of these distressed properties and turn them around. This is one of the best opportunities in business today…