When I bought 'The New York Observer,' my experience in journalism was limited to a single article I had written for a college magazine.
I always thought, 'Will I go into the business, or will I not go into the business?' But when my father got arrested, I really didn't have a choice. I was the oldest son, and it was something that had to be done.
I love my father, but I have worked to develop a separate and distinct identity in different projects I have worked on.
I'm definitely scared about newspapers. The problem is nobody wants to catch a falling knife, and nobody knows where things will stabilise. The value of newspapers has dropped significantly. I think we still have more pain to be felt.
'The Observer's Very Short List' is another example of how the Observer Media Group offers its readers the most cutting-edge information, available in a variety of platforms and written by an editorial staff known for its distinctive and discerning style and wit.
It's easier to build a business around a first-class product, even if it's a more expensive product to produce.
People are hysterical about the death of newspapers, and I would say, 'They're not dying; they're just kind of reinventing themselves.'