The New York Times can’t abandon print—yet

Everyone in the news business feels a sense of urgency these days, as well they should.

But there’s urgency, and then there’s panic. The Timesinnovation report, which made a splash when it was leaked during the controversy surrounding Jill Abramson ouster, at times overstates the precariousness of the Times’ digital position and smacks of the latter.

The report’s dire tone, suggesting that the Times is losing out to more nimble upstarts, led some, like Frédéric Filloux, to suggest the paper needs to blow up its business model and go digital-only right away. That’s not going to happen, nor could it—yet.

The NYT’s giant newsroom costs somewhere around $200 million a year, and its

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13 comments

  1. Before we begin, I would like to remind you that statements made in this conference call, that are not statements of historical or current facts, constitute forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.Such forward looking statements involve risks and uncertainties and other unknown facts, that could cause actual results of the company to differ materially from historical results, or any future results expressed or implied by forward looking statements.The statements contained herein are also subject generally to other risks and uncertainties as described from time to time in the company’s reports and registration statement filed with the SEC.Also please refer to the earnings release for more information on risk factors that could cause actual results to differ.

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