Sulzberger: NYT Print Edition to Die

(Via Haaretz) Chairman, owner and publisher of the New York Times, Arthur Sulzberger, is stressed due to declining profits, shrinking market and writeoffs, but he doesn't care. During a casual moment at the World Economic Conference in Davos, he explained.

Arthur Sulzberger - Given the constant erosion of the printed press, do you see the New York Times still being printed in five years?

"I really don't know whether we'll be printing the Times in five years, and you know what? I don't care, either," he says. He's looking at how best to manage the transition from print to Internet.

"Internet is a wonderful place to be and we're leading there," he adds. The Times has doubled its online readership, and now has 1.1 million subscribing to the print edition - and 1.5 million readers online, each day.

The New York Times is on a journey, Sulzberger says, and its end will be the day the company decides to stop printing the paper. That will be the end of the transition.

Sulzberger's apparent lack of interest in the future of the Times print edition has to be somewhat disconcerting for long-time employees of the company. I'd suggest that workers in the print division update their resumes.