The golden age of journalism, pre-web, was based on price signals being divorced from content because of classifieds propping up everything else.
We have been given the web that we want. It has been found wanting, because we ourselves are wanting.
The golden age of journalism, pre-web, was based on price signals being divorced from content because of classifieds propping up everything else.
We have been given the web that we want. It has been found wanting, because we ourselves are wanting.
Newspapers were absolutely using classifieds to blow up their revenue, but advertising still played a big part and I doubt if classifieds were a significant source of revenue for most magazines (a quick look didn't turn up much in terms of figures).
Web publishing developed the way that it did because publishers weren't particularly good at foreseeing what the end-game was going to look like, combined with a good bit of hubris about what actual effects the web would have on print publishing. The resultant excessive ad tracking occurred because publishers were trying to, ahem, "polish a turd".