Apparently, the LA Times editor Russ Stanton has said that the newspaper’s online revenue now exceeds its editorial payroll costs. In other words, it’s in a position to free itself from printing presses and delivery trucks. This is an industry first, and a big fucking deal. I feel like we just broke the sound barrier.
Check out Jeff Jarvis’ thoughts on this over at BuzzMachine.
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One Comment so far. Leave a comment below.especially since I just heard last week that a number of the big newspapers in this country are facing shutdown because no one’s buying classified ads anymore – get with the times… LA’s got the right idea!