The New York Times Has Lessons For Others Making the Slow Transition To Digital

mattydread23 writes "You may not think your business has much in common with the New York Times, but the newspaper is a perfect example of how to maintain investment in a large but declining legacy business while simultaneously investing in new areas that will drive future growth. Surprisingly, 10% of the paper's revenue now comes from digital subscriptions and other all-digital products (not including advertising)."

Comments

Re:The NY Times overlooks the fundementals

[Mr. Slippery]

Just about any blogger can communicate by inserting images, audio, or video inline in a post

Just about any blogger can produce noise by inserting images, audio, or video inline in a post.

If I want the slowness of video news, or if I need to see some detail of intonation from the latest round of political bullshit, I'll go to ABCNNSNBCwhatever and look for the video there. Why would the NYT want to step on their turf?

I can read well-written text faster than a talking head can read it to me. One of the great annoyances on today's web is the proliferation of two-minute videos replacing what should be 200 word stories. I don't know if The Kids Today just don't know how to write, or if they're too lazy, or what

Of course video clips have their place in news. But they don't replace well-written text.