I wish them good luck.

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Dec 29th 2011 07:30
The New York Times sold their 16 local news papers sold by about a billion, you know?
The New York Times that is the big news paper company, you know.
They announced that they sold local news papers to another company, and they got agreement for it on December 27th.
The contract money was about a billion.
I thought it was big money.
And then, they will cut their budget and their also correspondence to digital.

I thought it was passage of times.
People get new information, news, and so on from the internet.
So News paper companies suffering from them, it is they would decrease news paper sells.
It is easy to get new information from the internet more than news papers.
Also the internet is always real time, and news paper is always past time.

I think news paper sells will be decreasing in the near future.
So The New York Times has to change their way of thinking, and they need to get more money for new business.
I wish them good luck.