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My reaction/question is, "what about the NYT's cost structure has been radically changed from what it was 5 years ago"? Think about it, you have successful sit
by patrickgzill 17y ago
My reaction/question is, "what about the NYT's cost structure has been radically changed from what it was 5 years ago"?
Think about it, you have successful sites run with minimal overhead, such as 3-5 writers and 1 marketing/business/admin guy to handle the stuff the writers don't know how to do. Compare that to what NYT does.
- samdk 17y agoIt's not so much that their cost structure has changed--it's that their revenue streams have dried up. Fewer people are reading physical papers, and web ad revenue has been on the decline for the past couple of years. You can't compare the New York Times to a website run by a couple of people. Most small news sites get their content from other small news sites or from larger organizations that do a lot of the actual reporting (like the New York Times).