No pun intended… The New York Times is reducing the size of it’s paper and closing a print factory. The size reduction will take away about 5% of the space the paper devotes to news coverage. Earlier this year, the New York Times did a major facelift as well as added some necessary RSS feeds, blogging features, etc., in an effort to pursue a more strategic online strategy.
In a time where more and more people turn to the web for their news, traditional media sources *MUST* find a way to compete and adapt their business models. Always interesting watching these cycles evolve.
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