But what if, once past bankruptcy and the cost of shutting down print operations, the LA Times as a news service could be profitable and grow? Yes, grow. News is a growth industry today; newspapers aren’t. But they could be again.
This is after his follow-up on his site about LAT’s web revenue is enough to now fulfill their editorial payroll:
Russ Stanton does some bragging about the Times’ web life and given this milestone, let’s grant him the moment as Neilsen Net Ratings says it passed USA Today and the Washington Post in uniques with, according to internal numbers, 138 million page views in November, up more than 70% in a year, and 24 million uniques, up 125%.
That’s swell. Where’s our check?
UPDATE: FishbowlNY has their own Jarvis post today. Popular.