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30 Jul 09
Michael Arrington’s plan to save The New York Times: The best writers should quit | VentureBeat
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“If the top 50 journalists out of The New York Times walked out the door, raised $100 million from a hedge fund and started a site, it would be profitable.” Arrington said
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The idea here is because that The Times has built up such an inefficient, old media infrastructure with astronomically higher costs, it would be better if the best writers started fresh
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