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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: Jack of All Trades who wrote (68919)	1/28/2010 1:47:01 AM
From: stockman_scott	Respond to of 149317

Like a lot of media companies the New York Times took on too much debt during the boom period (and some media firms like Tribune were forced into bancruptcy)...the Times will continue to cut costs and shed non core assets (such as selling their very valuable interest in the Boston Red Sox baseball team)...The Times has tens of millions of online visitors who read their website content for free each month - starting in 2011 they will begin a big experiment to try and monetize that content and go beyond making money off advertising online...Apple has made a fortune by selling content online with their iTunes platform and we'll see if the New York Times can successfully make big money off selling subscriptions to gain access to their valuable online content.