Quote:
Originally Posted by Bill Brasky
My parents still get the rag and to my surprise, it's like $1200 per year. Like WTF? You could take the New York Times for that much money.
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Yeah what a shock they're going into bankruptcy. Deliberately create an unsustainable price point designed to rob people who couldn't quite quit their paper habit, as you shrink the actual content down to pamphlet-sized. So you're pretty much guaranteed of a death spiral at this point even if your month-over-month revenues get a temporary goose when you raise the price.
Even my parents quit when it went up to $80/month. And they would have been happy paper readers for life at a sane price.
This is the vulture capitalist model. Squeeze every last drop of life out of a business then sell it off for parts - lining your pockets the whole way.