Today newspaper ads from its five regional editions still account for 50 percent of the company’s revenue, compared with about 30 percent from Web advertising. (The rest comes from book proceeds, a few thousand subscribers to the paper, and other businesses.)
Huh! So it’s TheOnion.com that’s turning a profit, wot? Somebody with the national press, banging out this story instead of Shakespeare in a room full of colleagues, probably hasn’t seen the ubitquous paper in its stands in Wisconsin, where it’s full of local ads for bands and music venues. Instead, it’s the big time now that it’s on the Internet and important people like him or her can see it.
Sure, I am a little cheesed off, but those sellouts moved out of Wisconsin. Dang them all to New York!
(Link seen on The Volokh Conspiracy.)