I promised myself I would not step into the latest gnashing of teeth over the future of corporate media, but here I am. About a week ago, David Simon (“creator of The Wire and Treme“), wrote this in the online Columbia Journalism Review: It’s grievous what is happening to regional newspapers, especially. But the whole […]
Tag: newspapers
Over the last seven years, for each dollar added to online revenue, the WaPo lost five dollars on print. During that time, the Post has lost $88m of print ad revenue and it improved its online business by only $18m. This leads us to a key realization, a sobering one: there is no hope current online […]
The money quote from Hal Varian’s presentation to the Federal Trade Commission, according to TechCrunch, was this: “newspapers have never made much money from news.” But for me, the kicker is this data point from slide #3: Subscriptions account for 3% of revenue on average