worldspy -
27.05.12 20:38
The New York Times Company continues to shrink, selling off one asset after another in an attempt to delay the inevitable--a significant restructuring of its flagship newspaper.The company's digital business is thriving--it's one of the best news sites in the world--but the digital business cannot carry the weight of NYTCO's dying print product forever.
And it was that product, the print product, that once made owning the New York Times not just a major status symbol for the Ochs-Sulzberger family, but an enormous cash cow as well. mehr bei businessinsider.com
