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> Their business is failing; they risk the financial collapse of the world's leading institution of journalism (IMHO), and they are investing resources in republshing old stories that hardly anyone reads

They're actually profitable – not enormously so but the situation doesn't warrant the hyperbole:

http://www.nytimes.com/2015/10/30/business/media/new-york-ti...

They're already doing quite lot of good work on the IT side, which has included projects you probably interact with regularly (e.g. https://github.com/documentcloud/document-viewer, https://github.com/jashkenas/backbone), so it also seems somewhat overblown to make it sound like they're putting the entire team on a small side-project.




> They're actually profitable – not enormously so but the situation doesn't warrant the hyperbole

That's true today. From what I understand, their long-term survival is at stake.

> it also seems somewhat overblown to make it sound like they're putting the entire team on a small side-project.

If someone said that, I would agree with you.


>> their long-term survival is at stake.

Worth noting that if you listen to the business press, Apple's long-term survival is at stake. (Current liquid assets >$200B.)

So I wouldn't close the book on the Times just yet, on the basis of rumors and analysis by the business press.


I'm basing it on published information, going back years, about layoffs, other cuts, and significant decreases in revenue.




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