2 posts and columns on classified ad

Another Way to Describe the Newspaper Crisis: The Craigslist Boom

in Media on June 10, 2009 at 5:00 am PT

More fuel for the “Google didn’t kill newspapers, Craigslist did” meme: A report that says the listings service has seen revenue jump 23 percent this year and will end up booking $100 million–even as the newspaper classifieds business falls off a cliff. Craig Newmark’s online classifieds site is mostly, but not entirely free–it charges for a handful of listing categories, like real estate and employment. But that’s enough to create a very healthy business, says AIM Group, which has been estimating Craigslist numbers since 2003, when it said the company booked $7 million.
crater

Washington Post Turns in Another Lousy Quarter. But It Could Have Been Worse

in Media on October 31, 2008 at 6:26 am PT

The Washington Post Company’s Q3 report card is bad. But it’s better than the last one the troubled newspaper and education company earned. And yes, you have to be in the media business to look at a seven percent yearly decline in revenue, which is what Wapo’s newspaper group recorded, as a positive. But that decrease is indeed better than Q2, when newspaper revenues were down 13 percent.