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by gringoDan
1604 days ago
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The NYT's main competitors aren't other newspapers. Their competitors are Substack, Candy Crush, and Netflix. As Byrne Hobart points out, > "in their latest quarter almost 30% of their new digital subscriptions were for games, cooking, and Wirecutter, rather than news." And a bit more cheekily: > "When there's a negative New York Times article about a startup, one of the not-uncommon Tech Twitter jokes is that this constitutes bullying from an established, profitable unicorn with over $1bn in annual recurring revenue." https://www.thediff.co/p/the-nyt-dead-trees-and-disruption (paywall) |
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