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NYT: Revenue plummets, debt is junk

Started by mathewi · 8 months ago

Is the New York Times running on fumes, as Henry Blodget says at Silicon Alley Insider? I would argue that it’s probably even worse than that. It’s not just running out of gas — it’s only firing on one or two cylinders, the points and plugs are s ... Continue reading »

6 comments

  • bbluesman

    8 months ago

    Hmm, have noticed that they'r placing banner ads up on header by logo the last few days. That's new.
    reply
  • Reader

    8 months ago

    What about the Globe and Mail?
    reply
  • Daniel Gibbons

    8 months ago

    It's going to be very interesting to see how all this pans out. I'm probably in a minority when I say that I think it will be tragic if the NYT isn't able to continue to offer the quality of content and true investigative journalism that puts them head and shoulders above other news outlets. Whenever I read blogs blindly celebrating the death of print (which I know isn't what you're doing here), all I can think is that the baby is being thrown out with the bathwater.
    reply
  • Rob Hyndman

    8 months ago

    I guess I have to wonder how, if the NYT, one of the strongest media brands on the planet, can only scrape chicken feed together in online revenues, the big ad-driven social media sites are worth anything near what is claimed :)
    reply
  • mathewi

    8 months ago

    Well, the NYT is doing pretty well online -- growing strongly, and making pretty good money. Their problem is that all of that is a drop in the bucket compared to the money they're losing on the paper business. Online-only properties don't have that problem.
    reply
  • Gordon Livery

    2 weeks ago

    As a business owner I've seen software and the internet destroy my business by giving all the things people used to pay me for. The internet takes all peoples talents and things they could do to earn a living and gives them away to others in a one shot software deal. In many cases others who have not studied those skills properly are using that software to give away the business for free just to get attention on the internet. Where four of us were able to do business, there is only now just myself and what I have now will soon be gone. But that's not the worst of it. There's not much I can retrain for that will pay a living wage anymore. Computers are not our friends, they promote poverty and steal time.
    reply

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