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Online Newspapers Turning a Profit

Posted by ryuzaki0 on from the salon-still-screwed dept.

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."

9 of 255 comments (clear)

  1. Advertising... by Bearded+Pear+Shaped · · Score: 3, Funny

    It's related to me not knowing how to block quicktime flash ads in mozilla more like.

    --
    Who are y oo ?
  2. making money... by kid_icarus75 · · Score: 5, Funny

    so is the asia times making a profit by having us read this story?

  3. uh huh... by edrugtrader · · Score: 4, Funny

    next thing you'll tell me is that /. is actually making money.

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    MARIJUANA, SHROOMS, X: ONLINE?! - E
  4. Reminds me a lot of.... by Klugheitsucher · · Score: 3, Funny

    Porn, I can see it now "Cum Inside to See the Sizzling Action in Iraq (Flash picture of Bush sucking finger)"

  5. The ULTIMATE FLAW of online news by Cokelee · · Score: 2, Funny

    How the hell am I supposed to read it in the john?

    .

    I know, I know, show me pictures of the iHole ( *iRoll* (read: eye-roll) ). Until I have a connected bathroom this paper is not going anywhere!

    And I could read this too, ooo, fun fun.

  6. Re:That's Nice by kmac06 · · Score: 3, Funny

    Sorry, but the most profitable organizations on the Internet are definitely pr0n :)

    Besides, *I* think that's why Gore REALLY invented the Internet.

  7. Re:Comics by Anonymous Coward · · Score: 1, Funny

    Ever tried typing in comics.com? It works well.

  8. oldie but a goodie by EpsCylonB · · Score: 1, Funny

    best golfer is black
    best rapper is white
    and online newspapers are turning a profit

    we live in a crazy fucked up world.

  9. Rumor has it... by UnrefinedLayman · · Score: 2, Funny

    ...CNN has begun work on obits for New York Times, Washington Post, Boston Globe...