3 ms·
Correlation != causation. The fact that most newspapers aren't lucrative doesn't mean they don't value profit.
by usefulcat 8y ago
Correlation != causation. The fact that most newspapers aren't lucrative doesn't mean they don't value profit.
- spac 8y agoBloomberg News is not a newspaper. The company makes money from selling terminals not news (although the terminal contains news, but it's easy to see that sensationalism is not what the customers pay for).
- usefulcat 8y agoNo one had to pay to read the SuperMicro story (the original one that started all this).
- stupidbird 8y agoSure, but they let everyone read this specific story for free. They could have easily kept it behind their paywall. Overall Bloomberg as a company does not sustain itself on news revenue.