The Problem with Publishing: Only Print Pays the Bills

October 29th, 2008

New York Times media columnist David Carr recounts some of the bad publishing headlines from recent days and laments the fact that more than 90% of newspapers’ revenues still come from their legacy printed products — despite their growing and vital websites.  Readers still value the information publishers produce, but the industry still hasn’t devised a successful way to charge for it.  At a time when the three big print advertising categories — auto, financial services and retail — are under assault, that is very worrisome news.  The New York Times (Oct. 28, 2008)

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