4 ms·
I worked there for two years. No they are not the most successful media business out there, and plenty of other entities were experimenting with and succeeding
by 23B1 3y ago
I worked there for two years.
No they are not the most successful media business out there, and plenty of other entities were experimenting with and succeeding with paywalls long before the Times. The only reason they've benefitted in recent history was thanks to the hyper-polarization that happened after Trump's election, and they've definitely leaned into that.
Re: other opportunities, the NYTimes has been approached by multiple tech companies including AAPL under Jobs' watch. An example of big tech/media partnership working out well comes from the related Pixar magic.
- deleted 3y ago[deleted]
- afavour 3y agoJust going by stock price alone: before Jobs’ death NYT stock was around $8. Today it is around $40. We’ll never know the outcome of a Jobsian Apple partnership but I struggle to see what has happened as a mistake. Judging by stock price the company seems to be doing fine without President Trump (and their cooking, games etc seem like sensible diversifications) so again, difficult to see the failure. IMO a better comparison than Pixar is The Washington Post. Bought by Bezos, bundled with Prime membership etc… should have set the world alight. I thought it was game over for the likes of NYT. But doesn’t seem to have been that successful. These things feel far from guaranteed.
- 23B1 3y agoShareholder value is probably the last measurement I'd use when it comes to assessing the value of a company.