The essential problem facing newspapers
For anyone who hasn’t quite figured out why the traditional daily newspaper business model is disintegrating, there’s a nice piece in the Times of London that explains it quite well.
The trouble is the unbundling of the newspaper business model that was so foreseeable even 15 years ago. If you’re looking for a job, you might go to the newspaper, or you might go to Monster.com. If you’re looking for a house, you might go to the newspaper or you might go to Realtor.com. If you’re looking for the latest on Iraq, you might go to the newspaper or you might (even in America) go to bbcnews.com.
Link.