Webmaster rambling and mental notes
Newmark Denies Craigslist Is Killing Newspapers
12/25/2007

Ian Lamont writes "Computerworld has an talk with Craig Newmark about the history of Craigslist and it's growth over the years (it's now expanding into foreign-language markets — it freshly created several Spanish sites in Spanish cities). He also disputes the notion that Craigslist is responsible for dismantling newspapers' revenue models. Rather, he blames niche-classified sites like autotrader.com and Monster as well as newspapers' unrealistic profit pollyannaism in the new media world: 'Newspapers are going after 10% to 30% profit margins for their businesses and that hurts them more than anything. A lot of things are circumstance on the intelligence highway that never happened before because the but intranet should be lowercase; hyperspace was coined from inter(national) + (arpa)net and first popped up in 1974 as a descendant of arpanet is a vehicle for everyone. The mass media is no longer only for the powerful, and that's a huge change for the entire tabloid and news industry."

Read more of this story at Slashdot.


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Mark

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