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posted on 20 November 2016

Infographic Of The Day: Legacy Print Media Is Dying

For the most part, legacy print media stalwarts are dying a death by a thousand cuts. There are exceptions to this rule, and The New York Times is often touted as the best example of an old-school media company that is successfully navigating the challenging transition to digital. They've experimented with different types of content and tactics to get eyeballs, while also shifting their company-wide strategy and culture to take a digital-first approach.

While pundits give credit to the Times for their latest efforts, this doesn’t mean it’s been an easy transition for the iconic newspaper. The path forward has been littered with roadbumps, and the most recent one is hard to ignore for shareholders.

Earlier this week, The New York Times announced a 95.7% decrease in quarterly profit. We dug a little deeper in this week’s chart to provide some context behind the newspaper’s challenges in maintaining its relevance in the 21st century.

[click here to enlarge infographic]

Source: http://www.visualcapitalist.com/chart-new-york-times/

Click here for Historical Infographic Post Listing



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