Postal Service and Newspaper Business Models Outdated

The Hill website reports the head of the U.S. Postal Service said that his organization's business model is as outdated as the newspaper industry's.

According to reporter Drew Wheatley, "John Potter, United States Postmaster General, cited changes in technology and channels of communication as justification for a revamp of the Postal Service's delivery schedule and pricing system."

Potter is quoted as saying, ""Twenty years ago we would laugh at the notion that a newspaper would ever embrace the idea that maybe the channel of the future is electronic and that you may have to change your business model.

He went on to say, " "Likewise, the postal service is in a situation where the behavior of America is changing and we have to fix and change our business model to adapt to it."

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