Comments on: Wacky idea: Punish New York Times readers for spending too much time with the NYT? http://www.teleread.com/newspapers/wacky-idea-punish-new-york-times-readers-for-spending-too-much-time-with-the-nyt/ News & views on e-books, libraries, publishing and related topics Wed, 15 Feb 2012 18:23:27 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Michael Pastore http://www.teleread.com/newspapers/wacky-idea-punish-new-york-times-readers-for-spending-too-much-time-with-the-nyt/comment-page-1/#comment-1059393 Michael Pastore Sun, 17 May 2009 16:28:13 +0000 http://www.teleread.org/2009/05/16/wacky-idea-punish-new-york-times-readers-for-spending-too-much-time-with-the-nyt/#comment-1059393 File the New York Observer story under the category: ==Re-Arranging Deck Chairs on the Titanic.== The New York Times offers a valuable product. Unfortunately, I don't believe that either of these two plans -- as reported in the New York Observer -- will solve the problem of how to make enough money from that product. The NYT lost about 75 million dollars in the first three months of 2009; and they may lose the same amount in the second quarter. That's a lot of 20-cent articles to sell. David (Rothman) is on the right track by suggesting that businesses should pay for specialized articles. I think that even more needs to done. My plan to save the Times is more ambitious and more risky than the Times's plans. The Times might survive if they re-invent themselves: they are now primarily a newspaper business, they must become an information business. <strong>Print 2.0: Can Ebooks Save the New York Times ?</strong> <a href="http://epublishersweekly.blogspot.com/2009/04/print-20-can-ebooks-save-new-york-times.html" rel="nofollow">http://epublishersweekly.blogspot.com/2009/04/print-20-can-ebooks-save-new-york-times.html</a> If the new information business flounders, then going non-profit, like the BBC, may be the best hope to preserve quality news reporting. If I were losing 25 million dollars every month, I would probably be inspired to begin a new approach immediately. I'd leave the deck chairs alone, and start building the lifeboats. Michael Pastore 50 Benefits of Ebooks File the New York Observer story under the category:

==Re-Arranging Deck Chairs on the Titanic.==

The New York Times offers a valuable product.

Unfortunately, I don’t believe that either of these two plans — as reported in the New York Observer — will solve the problem of how to make enough money from that product. The NYT lost about 75 million dollars in the first three months of 2009; and they may lose the same amount in the second quarter. That’s a lot of 20-cent articles to sell.

David (Rothman) is on the right track by suggesting that businesses should pay for specialized articles. I think that even more needs to done.

My plan to save the Times is more ambitious and more risky than the Times’s plans. The Times might survive if they re-invent themselves: they are now primarily a newspaper business, they must become an information business.

Print 2.0: Can Ebooks Save the New York Times ?

http://epublishersweekly.blogspot.com/2009/04/print-20-can-ebooks-save-new-york-times.html

If the new information business flounders, then going non-profit, like the BBC, may be the best hope to preserve quality news reporting.

If I were losing 25 million dollars every month, I would probably be inspired to begin a new approach immediately. I’d leave the deck chairs alone, and start building the lifeboats.

Michael Pastore
50 Benefits of Ebooks

]]> By: chrisbates http://www.teleread.com/newspapers/wacky-idea-punish-new-york-times-readers-for-spending-too-much-time-with-the-nyt/comment-page-1/#comment-1059212 chrisbates Sun, 17 May 2009 08:57:26 +0000 http://www.teleread.org/2009/05/16/wacky-idea-punish-new-york-times-readers-for-spending-too-much-time-with-the-nyt/#comment-1059212 Wow, what a great way to fast-track the destruction of your business. I agree with Jarvis's 'link economy' model. Obviously NYT doesn't. NYT = New York Times .... or Not Your Thing? Wow, what a great way to fast-track the destruction of your business.

I agree with Jarvis’s ‘link economy’ model. Obviously NYT doesn’t.

NYT = New York Times …. or Not Your Thing?

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