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cat tail
User Rank
Platinum
Ad revenue
cat tail   6/6/2012 11:22:22 AM
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So basically what Newhouse is doing is keeping the print publications alive - barely - so he can have a vehicle for advertisers. To hell with the news--it'll be even older than the previous day. But you'll be able to clip your coupons!

Drivewaygirl
User Rank
Platinum
Re: Ad revenue
Drivewaygirl   6/6/2012 11:38:01 AM
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He might as well rename it the PennysaverToo and avoid any pretense of news.

Tenacious
User Rank
Platinum
Buffett
Tenacious   6/6/2012 12:01:41 PM
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What do you think Buffett sees in newspapers? It's got me scratching my head

Value Hiker
User Rank
Platinum
Re: Buffett
Value Hiker   6/6/2012 12:49:40 PM
NO RATINGS
The subscribers of newspaper were declining fast due to competition of online publishers, and the cash cow of newspaper (classified ad) was slaughtered by online advertisement like craigslist. My guess is that Mr. Buffett made the same mistake as he did on World Book Encyclopedia.  

tokyogai
User Rank
Platinum
Re: Buffett
tokyogai   6/6/2012 1:04:00 PM
NO RATINGS
I agree that this really looks like a mistake.

icebreaker1975
User Rank
Silver
Saving trees
icebreaker1975   6/6/2012 5:52:37 PM
NO RATINGS
I don't agree with the Times-Picayune going to three days a week, even though I know that things are tight in the newspaper print business. 

Ted Faraone
User Rank
Iron
Katrina and circulation
Ted Faraone   6/6/2012 10:34:52 PM
NO RATINGS
The saddest part of the story is that the T-P was selling about a quarter million copies daily before Katrina.  After Katrina circulation sank by 40%, and most of that was not due to recession.  It was due to people and businesses leaving New Orleans. As for the other Newhouse papers that are cutting back, I have no idea why.

Dex
User Rank
Iron
Re: Katrina and circulation
Dex   6/7/2012 7:35:34 AM
NO RATINGS
I find it hard to believe that you can make "daily" newspapers better able to compete with the Internet by having them publish less frequently.

driven
User Rank
Iron
Re: Katrina and circulation
driven   6/7/2012 7:44:05 AM
NO RATINGS
Obviously there is still an appetite for ads in New Orleans. I bet there is an equal appetite for news. But no one seems to care about that.

Tenacious
User Rank
Platinum
Re: Katrina and circulation
Tenacious   6/7/2012 7:55:55 AM
NO RATINGS
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