The New York Times CEO Mark Thompson stated that he believes print journalism will be dead in 10 years.
The newspaper printing presses may have another decade of life in them, New York Times CEO Mark Thompson told CNBC on Monday.
"I believe at least 10 years is what we can see in the U.S. for our print products," Thompson said on "Power Lunch." He said he'd like to have the print edition "survive and thrive as long as it can," but admitted it might face an expiration date.
"We'll decide that simply on the economics," he said. "There may come a point when the economics of [the print paper] no longer make sense for us."
"The key thing for us is that we're pivoting," Thompson said. "Our plan is to go on serving our loyal print subscribers as long as we can. But meanwhile to build up the digital business, so that we have a successful growing company and a successful news operation long after print is gone."
Digital subscriptions, in fact, may be what's keeping the New York Times afloat for a new generation of readers. While Thompson said the number of print subscribers is relatively constant, "with a little bit of a decline every time," the company said last week that it added 157,000 digital subscribers in the fourth quarter of 2017. The majority were new subscribers, but that number also included cooking and crossword subscriptions.
washingtonexaminer.com reports: President Trump grants substantially more access to photographers compared to former President Barack Obama, according to a New York Times photographer who covered both administrations.
When asked to compare covering the previous administration to Trump’s, Doug Mills of the New York Times said photographers are getting “a lot more” access in an interview with C-SPAN.
“We're getting a lot more, I mean from a photographer's standpoint, we get a lot more access to the president. I see him more on a daily basis than we did with Barack Obama," Mills said.
Read more @ (Link: www.washingtonexaminer.com)
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This was also posted about 14 days ago.
The New York Times Is In Big Trouble Now!
The New York Times reported a fourth quarter loss, compared to last year's fourth quarter profit.
The New York Times Co (NYT.N) reported a fourth-quarter loss, compared with a year-ago profit, due to higher costs as the publisher invests heavily to boost online subscriptions amid declining print sales.
The company posted a net loss of $57.8 million, or 35 cents per share, in the quarter ended Dec. 31, compared with a profit of $37.6 million, or 23 cents per share, a year earlier.
Read more: (Link: www.reuters.com)
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This was also posted about 23 days ago.
NY Times Writer Says Immigrants Are Superior To Americans!
New York Times writer David Brooks has stated that Americans are inferior to immigrants.
New York Times columnist David Brooks tells his friends that the costs imposed by cheap-labor immigration don’t exist because, really, Americans are just inferior to immigrants in every way.
Over all, America is suffering from a loss of dynamism. New business formation is down. Interstate mobility is down. Americans switch jobs less frequently and more Americans go through the day without ever leaving the house.
But these trends are largely within the native population. Immigrants provide the antidote. They start new businesses at twice the rate of nonimmigrants. Roughly 70 percent of immigrants express confidence in the American dream, compared with only 50 percent of the native-born. …
Republicans’ problem is that since George W. Bush left town they’ve become the East Germans of the 21st century. They have embraced a cultural model that produces low growth and low dynamism. No wonder they want to erect a wall.
Progressives say Republicans oppose immigration because of bigotry. But it’s not that simple. It’s more accurate to say restrictionists are stuck in a mono-cultural system that undermines their own values: industry, faithfulness and self-discipline. Of course they react with defensive animosity to the immigrants who out-hustle and out-build them. You’d react negatively, too, if confronted with people who are better versions of what you wish you were yourself.
Brooks’ opinion of his former fellow-Americans is shared by many of his peers. Like them, he simply ignores the huge impact of the feds’ economic strategy of annually importing 1 million new people — or roughly 750,000 workers — into the labor marketplace just as four million young Americans begin looking for jobs.
Read more: (Link: www.breitbart.com)
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