More Handwringing About Craigslist
From Media Life Magazine: Ever since Craigslist first set about creating an upheaval in classified advertising with its free online listings, newspapers have been struggling to come up with ways to preserve their hold on a high-profit revenue source.
Just last week, The New York Times cut a deal with the New York Metro in which the free subway tabloid will carry classifieds from the Times, adding 325,000 Metro readers to its daily reach. Together the two papers reach 2.2 million weekday readers.
Meanwhile, the CBS Evening News, third-ranked in a medium that knows something about losing audience and struggling to maintain relevance, says newspaper classifieds are looking rather 20th-century. So, apparently, was Dan Rather.