Re:The New York Times is buying the Wirecutter for more than...
by the_watcher on Monday October 24, 2016 @12:25PM
(#12780260)
> What a shame.
Is this just a default assumption that the NYT is going to ruin it? I'm actually not totally sure about comparable situations, but Engadget seems to have done ok after being acquired.
Re:The New York Times is buying the Wirecutter for more than...
by TillE on Monday October 24, 2016 @01:08PM
(#12780681)
They were completely inept stewards of FiveThirtyEight, who do some of the most obviously helpful, objective, uncontroversial work you could possibly do in politics.
http://www.cjr.org/analysis/fivethirtyeight.php
The NYT also has no idea how to deal with obvious digital journalism issues like how to flag when major substantive edits have been made to a piece after publication. It's a dinosaur of an organization, trying some new things but fundamentally out of touch with the modern world.
Re:The New York Times is buying the Wirecutter for more than...
by vit05 on Monday October 24, 2016 @04:33PM
(#12782609)
I do not think they are trying new things because they want change their core business. They have a strong subscriber base, which is growing, and a huge audience. They have a strong brand that is recognizable worldwide For example, they have close a deal with a Brazilian Tv network to deliver video and other exclusive contents that they produce.
Probably wanna have more ways to monetize from this base investing in digital plataform like Wirecutter.
Right now they make all their money off of affiliate links, so let's see what happens when the parent company depends on advertisement.