4 ms·
right, the internet didn't play any part
by andytratt 8mo ago
right, the internet didn't play any part
- guywithabike 8mo agoThe New York Times has been thriving. They're profitable and their stock is near all-time highs. If the internet killed WaPo, why didn't it kill NYTimes?
- gordian-mind 8mo agoInternational prestige and internet-centered strategy (online games, lifestyle...).
- snarf21 8mo agoAs the sibling said, papers used to make money via ads and classifieds. NYTimes pivoted to games. This gives people a reason to go to NYT every day and gives them upsell opportunities to full subscriptions. WaPo and others don't have the alternate revenue source.
- Exoristos 8mo agoThere is more to the New York Times Company than meets the eye [0]. 0. https://en.wikipedia.org/wiki/List_of_assets_owned_by_the_New_York_Times_Company?wprov=sfti1#Investments https://en.wikipedia.org/wiki/List_of_assets_owned_by_the_Ne...
- mbesto 8mo agoThat's the parent's point...
- teachrdan 8mo agoThis is an ignorant take. The New York Times made a profit last year of $550 million. Clearly the problem isn't the internet -- nor should it be for a paper bought by JEFF BEZOS, the man arguably who did more to revolutionize selling stuff on the internet than any other individual. Another metric: Subscribers to the Times last year went up, while subscribers to the Post went down. It's clearly not just about the internet, or about partisan politics. (as the Post at least used to be about as liberal as the Times)
- nemomarx 8mo agoThe post getting less liberal and more conservative seemed to harm its reputation in many circles, like CBS is getting now
- insane_dreamer 8mo agoWaPo lost 250K - about 20% - of subscribers in a few days when Bezos killed the paper's endorsement of Harris and then set out to control the Opinions section. People don't like overt control of editorial by a billionaire owner obviously seeking to curry favor with the WH (and not just any WH but unquestionably the most overtly corrupt WH in history since the Pendleton Civil Service Act)
- gordian-mind 8mo agoThe Good Billionaire? He buys journals to call other billionaires "evil". The Bad Billionaire? He buys journals to run them to the ground. Learn the difference!