Rupert Murdoch Shuts Down London Paper...

cnn.com

2 pointskeltecp114 comments

Is it that the costs of running a paper are 2 high or is it the fact that people aren't advertising or is it the fact that people aren't reading newspapers anymore, or is it a combination of all 3?

It's a combination of everything:

a) The advertising isn't effective anymore, especially with digital alternatives. So very little value meaning less revenues. b) Their staffs are bloated beyond belief. c) By the time the paper is released the next morning, they have been scooped. d) There are costs you can not get rid of ie- big news rooms and printing dead trees.

Thelondonpaper is an afternoon/evening commuter freesheet, as is the London Lite; the Metro is the one that goes out in the morning.

It can't help that they employ a small army of people to hand the paper out to readers on the street. That must cost more than the journalism.

Reply on news.ycombinator.com