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.
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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?
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.