Former BBC exec Mark Thompson has toasted the NYT. Killed revenues and shows no sign of understanding the problem.
Of course ... the Times was on a downward slide before taking on the London socialist elite as management. Just consider it a coffin nail............
Limey or Lemon?
Mark Thompson has made his mark at the New York Times…..as he announced a sharp downturn in profits…net profit falling 93%.
Early days yet I’m sure….how could he fail with his vast experience of running a real world commercial media company as opposed to a privileged, spoon fed, elitist corporation that lives in its own little bubble?
Ah look there’s the problem…he’s trying to run the New York Times like the BBC…without adverts:
New York Times Moves Toward Netflix Model as Ads Tumble