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0 pointsdoorman23y ago0 comments

Crypto doesn't pose an existential threat to the NYT business model like social media and search do. I.e. The NYT is in the advertising business. Google, Facebook, et al are direct competitors.

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HWR_143y ago

> The NYT is in the advertising business. Google, Facebook, et al are direct competitors.

The NYT is in the "providing content to lure people to advertisers" business. They don't sell ads to third parties. They could be very symbiotic with Google, for example. If Google was searching their content, bringing readers in, and supplying ads. But, instead, Google scrapes their content and helps people never visit their site at all.

doorman2OP3y ago

> The NYT is in the "providing content to lure people to advertisers" business.

What does that mean? The NYT sells ads, i.e. you can pay the NYT to have your advertisement shown in the NYT. Google sells ads, i.e. you can pay Google to have your advertisement shown in Google results. The NYT and Google sell the same thing. They are competitors.

HWR_143y ago

The NYT's business model is to sell their customer's eyeballs to advertisers. While Google does that with search results, they have a big arm that sells random third party eyeballs to advertisers, and then splits the money with the site supplying the eyes. I would characterize the first of Google's businesses and the NYT business as "providing content" and the second as "advertising".

In fact, the NYT outsources their ads to Amazon's advertising business.

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HWR_143y ago

> The NYT is in the advertising business. Google, Facebook, et al are direct competitors.

doorman2OP3y ago

> The NYT is in the "providing content to lure people to advertisers" business.

HWR_143y ago

In fact, the NYT outsources their ads to Amazon's advertising business.

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