Posts Tagged ‘Kamelia Angelova’

Newspaper shrinkage ‘will continue’

Wednesday, April 27th, 2011

Henry Blodget and Kamelia Angelova, using The New York Times as the example, lay out for Business Insider how newspapers are bound to disappear — complete with a colorful illustrative graph.

“Its core business, the print newspaper, is shrinking, and its digital business, however successful, cannot replace the lost revenue and profitability of the print business. … And despite the enormous cost cuts the company has made since the early 2000s, its operating profit — even in a recovery year like 2010 — doesn’t approach the fat years of a decade ago.

“Unless the New York Times Company can figure out a way to turn around the print newspaper circulation revenue (highly unlikely), this shrinkage will continue.”