From a New York Times story by Katie Robertson headlined “The Remaking of the Wall Street Journal”:

Last month, Emma Tucker, the new editor in chief of The Wall Street Journal, gathered the newsroom to share a blunt message: The media industry had morphed “beyond recognition” and The Journal needed to adapt, or be left behind.

“We don’t want to be the German car industry of news publishing,” she joked to the hundreds of staff members listening.