Slashdot Mirror
Online Newspapers Turning a Profit
PCOL writes "The Asia Times reports that after years of losing money, online newspapers are starting to pay off. The New York Times has gone from losing $7.5M on their site in 2001 to an $8M profit in 2002. The new profitability is attributed to changes in the technology for delivering ads which make it possible to embed advertising in news stories and tie the ads to articles related to reader's interests without resorting to pop-ups and banners. As print newspaper readers age and die, no new readers are replacing them and one survey found that 46 percent of all journalists believe that within 15 years their publication will only be available online."
I agree heartily with the last line of the write-up. It's pretty clear that with the speed of events in the world today, something that is released only once per day is behind the schedule. Newspapers competed in a different sphere than magazines in the past. Whereas newspapers just presented what amounted to the facts of the stories and events, magazines found their niche by offering extensive analysis and more opinion. I think that news magazines will continue to exist, because they offer expert commentary in a handy format a few times per month - while the "Internet" offers a place to get the most up to date information. Newspapers don't have the careful analysis news magazines do and they don't have the fastest turnaround time anymore. Fuck newspapers.
This coming from someone with a Salon.com article in their signature. Are you sure you know what good journalism is? Let alone the best journalism!
I really can't stand the fucking people that feel the need to respond to EVERY SINGLE FUCKING comment they get as though the world were their private flame war.
Just shut up for a moment, read what others say, and realize that it's not personal.
Well this is personal: you're a stupid fuck.