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Arrington seems to suggest that NYT's unprofitability is due to its size, and that when the executives salaries will be slashed, the much smaller company can fa
by greyman 17y ago
Arrington seems to suggest that NYT's unprofitability is due to its size, and that when the executives salaries will be slashed, the much smaller company can fare better. But he fails to realize, that the most significant expenses are due to the reporting itself.
For example, when NYT sends a reporter and a photographer to Iran to cover elections, it is of course much more expensive than one Arrington's blogger, who just sits home, drink coffee and muses about whether Twitter is better than Friendfeed or Friendfeed is better than Twitter.
I think, that while a bunch of agile bloggers like Arrington, Scoble, people in Gizmodo or Engadget are able to compete with MSM in Tech coverage, they would hardly compete with general news coverage, since that requires much more.