Felix Salmon tangles with Michael Hirschorn.
...many smaller newspapers will close their print editions, which have lost the classified-advertising bread-and-butter revenue stream upon which they've historically relied.
But the New York Times is not a small newspaper. It has an enormous display-advertisement inventory, and sells most of it at high rates. It's also incredibly well placed to go national, as smaller papers close, and become a replacement for people who've lost their local paper and who shudder at the prospect of ever reading USA Today.
James Surowiecki piles on.
We want to hear what you think about this article. Submit a letter to the editor or write to email@example.com.