Quote:
Originally Posted by NatCh
Great googley moogley -- the New York Times is running the exact same article now.
But I guess that publication is beyond feeling shame.  |
They are a company in a troubled industry, trying to cut costs. Their most recent financial report was grim reading.
Newspapers are hurting, with ad lineage trending steadily down. Most are laying off staff, and some are even doing things like threatening to stop subscribing to Associated Press feeds due to the costs.
Like just about everyone else, the NYT is trying to transition to the web at least in part, but online advertising revenues aren't anywhere near replacing the lost print ads.
No surprise the Technology section should choose to license content like ReadWriteWeb, as it will be a lot cheaper than developing it themselves.
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Dennis