LA Times could stop its presses and still profit

Big Little Things

LA Times could stop its presses and still profit

Apparently, the LA Times editor Russ Stanton has said that the newspaper’s online revenue now exceeds its editorial payroll costs. In other words, it’s in a position to free itself from printing presses and delivery trucks. This is an industry first, and a big fucking deal. I feel like we just broke the sound barrier.

Check out Jeff Jarvis’ thoughts on this over at BuzzMachine.

12/20/08 by Axel Albin

This entry was posted on Saturday, December 20th, 2008 at 5:23 pm and is filed under Candy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “LA Times could stop its presses and still profit”

stephanie Says:
December 22nd, 2008 at 3:31 pm
especially since I just heard last week that a number of the big newspapers in this country are facing shutdown because no one’s buying classified ads anymore - get with the times… LA’s got the right idea!

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