Yesterday it was announced the LA Times is to cut 250, the majority of these are editorial positions.
Today, AFP reported that the newspaper’s editor, Russ Stanton said the cuts reflected the paradox of the Internet revolution.
AFP reported that the Stanton memo said:
Thanks to the Internet, we have more readers for our great journalism than at any time in our history. But also thanks to the Internet, our advertisers have more choices, and we have less money.
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