David Westphal reports an important and historic crossing of the Rubicon for a major newspaper, recounting a discussion with LA Times editor Russ Stanton at USC: "Stanton said the Times' Web site revenue now exceeds its editorial payroll costs."
I've long been asked by newspaper people - as a challenge - when the web will cover the costs of the newsroom as it exists. I've said it won't, that the scale of the business is just different.
But if what...
]]>