You Can’t Sell News by the Slice

Re:You Can’t Sell News by the Slice by lliiffee on Tuesday February 10, 2009 @12:24PM (#475504)

His argument is basically that even if people do, it isn't enough money. The WSJ costs 79 bucks a year (and I somehow suspect many people aren't paying that full price) 79 million a year isn't nearly enough to save the NYT.

I guess the value of our eyes looking at ads printed on paper for a year is much higher than $79?

[ Parent | on HN ]

Re:You Can’t Sell News by the Slice by swombat on Tuesday February 10, 2009 @12:38PM (#475521)

79 million dollars of operating profit (hosting costs assumed to be negligible) a year is quite a lot of money, and that's not even counting advertising. If the NYT's costs are so far above $79m/yr, perhaps it needs to slim down a little...

[ Parent | on HN ]

Re:You Can’t Sell News by the Slice by lliiffee on Tuesday February 10, 2009 @01:04PM (#475568)

According to the article, NYT revenue last year (a bad year) was $1 billion.

[ Parent | on HN ]

Re:You Can’t Sell News by the Slice by swombat on Tuesday February 10, 2009 @01:59PM (#475678)

Even more shameful that they can't run their operation on that much money. I appreciate it costs money to retain good writers, but $1bn a year? Surely that's enough to run a newspaper on?

[ Parent | on HN ]

Re:You Can’t Sell News by the Slice by timr on Tuesday February 10, 2009 @03:59PM (#475952)

They run multiple foreign bureaus, one of the most widely circulated print publications in the world, and a top-100 internet website.

I'm not saying that they couldn't be leaner, but let's try to keep some perspective.

[ Parent | on HN ]