They have turned things around somewhat in the past quarter or two.
Left-wing bias and elitism aside, any business that gives away it’s product isn’t going to be around for long. At least NYT realizes that, and the entire newspaper industry is either going to have to follow suit or find something else to do.
>>...the entire newspaper industry is either going to have to follow suit or find something else to do.<<
That is true. And I think the answer is in the latter.
I remember back in the late 1990’s I was at my daughter’s jr high girls basketball practice and the kids had their portable cd players and there were dozens of cd’s strewn all over the bleachers while the teams were practicing. As I looked at all of these CD’s I noticed that EVERY SINGLE ONE OF THEM WAS HOME RECORDED. It was at that point that I realized the music industry was dead, and this was BEFORE napster.
I told my daughters right then and there that pre-recorded music was going to become the equivalent of the free toy in the happy meal. I think the newspaper industry has been up against this kind of challenge and is fighting tooth and nail for their “old world” paradigm just as the music industry is.
Sometimes, when Henry Ford comes out with a Model T, the buggy whip industry needs to change their business model - and product.
On a side note, I downloaded the movie “Joe” off torrent last night. I have not been able to find it anywhere before that.
“any business that gives away it’s product isn’t going to be around for long”
Not entirely true. Much television and radio are essentially given away for free along with paid advertising from the sponsors. In those cases the end consumers pay nothing.
Millions of web sites also make money using that same model.