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Newspapers to ask online readers to pay up

Newspapers to ask online readers to pay up
It’s no secret that the New York Times is in a heap of financial trouble. In April, the paper announced an operating loss of US$61 million — way down from an operating profit of $6.2 million a year earlier — and the publication’s parent company threatened to close the Boston Globe unless employees took a pay cut. There are a host of reasons why the Grey Lady is seeing red,... 
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