alt Hacker News"…but no one at the NYT is losing any sleep over people like us."
Likely not, but they are over their lost revenues. The profitability of newspapers and magazines has been slashed to ribbons over the past couple of decades and internet revenues hardly nudge the graphs.
Internet beneficiaries are all new players, Google et al.
Replies
zbentley • yesterday at 12:23 PM
Sure, but GP’s still right: savvy internet users are a rounding error in volume … and thus revenue as well. So whatever forces are enshittifying news websites, they’ll not reconsider because power users complain.
Likely not, but they are over their lost revenues.
NYT's revenue and subscription base are both increasing quite well.
Ad revenue was up 20%, and profit was up 26% in Q4. Revenue was over $700,000,000. 12,300,000 people pay for the New York Times.