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« Netbooks and Portability | Main | Optus in Australia Blocking VoIP in The Middle »

December 25, 2008

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Andy Green

Fed by classified ads, successful newspapers were very, very profitable--margins in the 20% range and higher. That revenue stream has obviously moved to the Internet, which is why we're now talking about the likelihood of some cities and regions without local papers. Major media companies likes the NY Times and the Washington Post have yet to learn how to make real money from their on-line footholds. I think they will eventually, and a lot of the news and original reporting will continue to be generated from a few sites.

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