Thursday, December 3, 2009

Money to be made in newspapers: Globe analyst

"To further the point: The classified sections of newspapers are thinning out before your eyes. Ten years ago they were chock-a-block and churned out profits.

"Now all those ads are on Craigslist and Kijiji. They're stimulating demand by charging nothing for the ads unless you upgrade to a premium listing. But they also sell display ads because they have the eyeballs. They might not be able to charge top dollar but they're not burdened with expensive unionized work forces.

"Why didn't newspapers create sites like these?" Fabrice Taylor.

For the full story click on the headline.

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