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We all lament the passing of the newspaper era, but hanging the blame on Newmark remains unfair as well as ahistorical. Newspapers themselves deserve a share of it. Where they gained monopoly power, which was most U. And the big newspaper chains helped destroy their own business by investing in national online classified advertising verticals, which they ultimately sold.
Reading escort busty this backdrop, Newmark was an inevitable force, but no villain. The closure of the Washington Star provides the best illustration of how newspapers put the screws to their classified customers.
At that point, newspapers were a percent-margin business, flush with so much cash that they were opening regional and international bureaus with abandon, buying up other newspapers, investing in television stations and other businesses. They raised prices because they.
Newspaper executives did everything they could to protect this rent-collecting franchise. Charging monopoly prices has a way of placing a target on your. The newspaper claassified partnered to create national advertising verticals in a variety of categories. The same outfit acquired apartments. Inthe Cox newspaper chain created Autotrader.
Knight Ridder and Tribune bought CareerBuilder. In advettising words, the newspaper giants did the same thing as Craigslist—they sought to exploit the Web. But that analysis makes sense only if you think newspapers Massage manalapan Darlington some divine right to collect monopoly rents from their classified customers forever. Actor lands dream role alongside star-studded cast.
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