Former NYT journalist here. You make some really good points. The NYT is trying hard to embrace the Web, and it's done a better job than a lot of newspapers, b

Former NYT journalist here. You make some really good points. The NYT is trying hard to embrace the Web, and it's done a better job than a lot of newspapers, but it faces certain limitations. That said, a lot of the activity in the newsroom is still tied to the daily rhythm of putting out newspapers. Digital ad revenue only accounts for about 30% of the paper's total ad revenue, which means that print still figures large: http://www.mediapost.com/publications/article/243057/nytco-treads-water-digital-ad-revenues-up.html http://www.mediapost.com/publications/article/243057/nytco-t... While the NYT's profit declined by about 40% from 2013 to 2014, from $156M to $92M, it is still a profitable company, and much of that profit comes from print. It's very hard for a company to wean itself from a profit center, especially when it's not clear how profitable it will be on the digital side. http://www.nytimes.com/2015/02/04/business/new-york-times-company-q4-earnings.html http://www.nytimes.com/2015/02/04/business/new-york-times-co...