From: Paul Stenquist
Most major dailies are much less profitable than they once were, and the good papers don't answer to shareholders. For example, the Ochs-Sulzberger family has owned The New York Times for115 years, and there are impenetrable barriers between ad sales and editorial. There are still quite a few newspapers that are very protective of their integrity and reputation. However, all realize that their print market is shrinking, and they have to transition to electronic media. Many are achieving a measure of success on the web. The Times website, for example, attracts about 20 million viewers a month. It doesn't yet generate enough revenue to make up for losses suffered by the print edition, but it's revenues are growing. Paul
When the NYT went to a subscription model for their online content, I bought a subscription. Gave the same content as the print edition plus online access to the archives but cost less than home delivery (especially home delivery out here in the boonies).
But, about six months into my first year's subscription to the online edition, the NYT decided to abandon the subscription model for online content. Didn't offer any (pro-rated) refund to those of us who had paid for a subscription, just let anyone who had not paid get the same level of access as paid subscribers.
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