I admit, this is a sneeze I’ve been holding since yesterday. But it’s startling me ever since so here it goes
Of course this comes from the competition, and it illustrates why we need competition.
Here’s what the Times assistant managing editor actually said at a panel
Gerald Marzorati, the Times’s assistant managing editor for new media and strategic initiatives, explained why the paper’s print business is still robust. “We have north of 800,000 subscribers paying north of $700 a year for home delivery,” Marzorati said. “Of course, they don’t seem to know that.”
Gloating continued how very few balked at the latest raise in prices by 5%
Only 0.01 percent of subscribers canceled. “I think a lot of it has to do with the fact that they’re literally not understanding what they’re paying,” he said. “That’s the beauty of the credit card.”
Muses the Forbes writer
Stealthily hiking rates on the assumption that customers are too dim to catch on and/or too lazy to do anything about it is the kind of thing that gives banks, credit card companies and cell phone providers such a bad reputation.
Well, but The New York Times is a paper of record and can handle bad reputation. Anyone remember Judith Miller? Obama campaign?
Speaking of which, it seems arrogance is catching.
What’s a little extra contempt to your readers by picking their pockets?
I can’t wait until they go behind their pay wall! Just them and their stupid readers left to bamboozle.