Record profit for European newspaper Bild

“As the death toll in the American newspaper industry mounted this month, the German publisher Axel Springer, which owns Bild, the biggest newspaper in Europe, reported the highest profit in its 62-year history,” reported the New York Times. Said Springer chief executive Mathias Döpfner, “I don’t believe in the end of journalism.”

“I don’t believe….”

Heard in this corner of the world, there’s a kind of fairy-tale ring to that phrase. Maybe if we just clicked the heels of our red shoes together…

Hat tip to @DougSaunders