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Thursday, April 19, 2007

Times v Web

"The proliferation of nontraditional media, largely available at no cost, challenges the traditional media model, in which quality journalism has primarily been supported by print advertising revenues. If consumers fail to differentiate our content from other content providers, on the Internet or otherwise, we may experience a decline in revenues."

- The New York Times' annual shareholder report. For dissection see Gawker.

Something to bear in mind, perhaps, when reading anything they write about blogs?

(Hat tip: Moxie.)

More (objective?) glossing of the report also in Crain's (subscription).

1 comment:

Malachy Walsh said...

The only thing surprising about this observation from the Times is that they're making it NOW.

They're at least 5 years late.

Some interesting observations about some of these changing income models and media choices -

Also at: