Tuesday, February 02, 2010

How The New York Times Lost An Entire Generation Of Readers

I don't think a paper that loses millions of dollars a year and funds itself by taking extortionary loans from plutocratic Mexican billionaires can be said to be competing in anything, Metro or otherwise. My feeling is you only get to congratulate yourself if you produce a great product and make money doing it— you don't get any points for doing just the first half. And that doesn't just go for you guys— I don't think any magazine or newspaper that supports itself by sucking on the teat of some old rich guy (or his heirs!) should be giving anyone else advice.

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