Wednesday, January 21, 2009

Free press, with profits

Geneva Overholser and Geoffrey Cowan write:

Some conclude from the recent dire reports about the news business that people are no longer interested in serious journalism. In fact, more people than ever are consuming news. The Los Angeles Times, for example, still has nearly 750,000 subscribers to its daily print edition -- and it also attracts more than 9 million visitors to its website each month.

What's broken is the economic model.

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