Tuesday, September 13, 2005

editorsweblog.org: Craigslist is just the beginning of newspapers' technological torment

Craigslist is just the beginning of newspapers' technological torment : Finally, someone in the business who is thinking ahead. read the part of this story about the 'e-paper' device and its economic model.
Craigslist's free advertising has already ravaged newspaper classified revenues to the tune of 75% by some estimates (see previous posting). Worse still, it doesn't appear that newspapers will ever be able to regain that income which makes up 35-40% of American paper advertising revenue.
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