Thursday, March 26, 2009
New York Times Announces Pay Cuts, Layoffs
Looks like Ariana will be owning NYT, WaPo and other large newspapers! Aggregating and then value-adding sites like HuffPo are doing fantastic. Unless these papers change their Internet model (i.e., start charging like UPI, AP, etc. for the news their journalists write and protect the content, change to subscription model rather than advertising alone, etc.), they will be dead within a few months - yes, months not years.
About Newspapers
Read the Article at HuffingtonPost
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