Posted on 09/10/2010 12:17:39 PM PDT by jimbo123
While speaking at a conference in London, chairman and publisher of The New York Times Arthur Sulzberger, Jr. made a major statement about the future of his publication: "We will stop printing The New York Times sometime in the future, date TBD."
(Excerpt) Read more at theatlantic.com ...
It’s a wonderful song. :)
Die, Timesy, die!
Not to worry. Obama will give them all government jobs as propaganda czars - paid for with your tax dollars.
How about right now? Why wait?
But their commercial emphatically states, “The New York Times has the best journalists, and there no denying that.” (Sarc)
Poetic justice!
ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha
Their comics section is represented by Paul Krugman and Frank Rich.
This complicates the mopup spill handling at my house.
Good. I’ll help by not buying their piece of crap paper.
Socialism...liberalism is just a code word for socialism.
Yep! Socialism caused the death of the NYT.
Like the Cuban Exiles love to say, “Socialism is death!”
Can we all chip in and come up with $1.00????
When the NYT's is gone, who will fill their shoes? Who will be the fawning, paranoid radical liberal group that hates everything conservative and traditional? Who will look down on the middle class? Who will trash the military? Who will carefully leak secrets to our enemies? Who? Who's turn is it? Who's turn is it?
THe Bees Know
Sorry, Rap, but the NYT has never been a mainstream paper. The difference between the pre Pinch Sulzberger Times and the current Pinch Times is that during pre Pinch Times the editorial page did not bleed as much into the factual page. Under Pinch seems they have consistently merged both functions.Pinch Sulzberger is a disaster and had his family not owned a majority position he would have been gone long ago.The Times has always been the national Democrat house organ, now more so than ever. As such it has always been a mediocre paper that has always been overrated perhaps because it is NYC based. The Washington Post, although liberal, has always been more advanced in reportage and analysis than the Times, perhaps because they are based in DC and have better access to both sides.
Henry Blodgett’s financial analysis is merely wishful thinking. The big meteor is on its way and the dinosaur media can scurry about all they want, but there’s not enough caves deep enough to save them from the extinction.
In point of fact, the big meteor actually hit in 1998-1999 with the founding of craigslist, ebay, and google, which staked out all the good new internet monopolies, thereby destroying the local ad market monopolies previously enjoyed by the old guard media. It’s just that the media didn’t realize the big meteor hit then, because their primitive nervous systems have taken over a decade to relay the bad news to their primitive pea brains, which is kind of ironic for a news organization, when you think about it.
Here’s why the print media are doomed. 1.) Their distribution costs exceed electronic media distribution costs by factors of millions, 2.) Their print ad revenue is all but gone, and 3.) Their print subscription revenue is rapidly heading that way as their older subscribers die out, while everyone else has gone online for news, and for exchanging buy/sell information for goods, services, and everything else imaginable.
And finally, their tardy attempts to scurry into the big online cave are doomed. Going the paywall router is futile as no one will pay a subscription fee for something that is already free, particularly when all you get from the old guard media are lies, which are also already plentifully available for free. Furthermore, a paywall drastically limits viewership, so you can figure that almost no one in their right mind will pay to advertise there.
If they choose the online ad supported route, rather than the paywall route, then they might obtain both some readers and some ad revenue, but the price per ad drops to about one millionth of what they were getting for print ads, and they are now in competition for both ad space and readership with about a billion other web sites, many of which are already more well established than the johnny-come-latelys, so they’ll have to publish material unique or interesting enough to attract readers from these other, better established web sites.
So the dinosaurs have two online choices: one millionth the existing revenue via subscription or one millionth the existing revenue via ads. Either way, their payroll, their ability to gather and publish information, and their influence is reduced by a factor of a million. Thus, neither the online ad revenue cave nor the online paywall revenue cave is deep enough to protect the dinosaur media from cataclysmic wipeout.
I will do all I can to speed the process.
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