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Newspaper Business: News Was A Loss Leader

Howard Weaver wants newspapers to play offense against Google and others, but Chris Tolles, CEO of news aggregator Topix.com says he’s been trying Weaver’s plan for a while, and there’s no bucket of gold to be found in it. The problem, it would appear, is that newspapers don’t sell news. They sell advertising space and […] » about 300 words

Casey on #business model, #loss leader, #mainstream media, #news, #newspapers, 20 Jul 2009
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