They are still losing money but plan to make it up on volume, err I mean still losing money but lose less of it… losing money but lose less on lower sales… okay, I give up.
The street sale price of the Los Angeles Times went up to 75 cents (from 50) all over town today, judging by my email.
This is reminiscent of the Boston Globe’s plan to make the paper more appealing and cut costs by making the newspaper 24 pages smaller. Wonder how that is working out for them?
More on this topic
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Electric Car Drivers in LA are Quick to Adapt
(Green Chip Stocks, 5/18/12)
More bailouts needed in California
(The Mess That Greenspan Made, 5/14/09)
Leaving LA
(Skeptical CPA, 7/25/09)
Is It Possible To Be Car-Free In LA?
(Green Chip Stocks, 6/24/09)
- Tags: Boston Globe, LA Times