6 ms·

If newspapers were in it for the money they wouldn't be newspapers. It's not an incredibly lucrative business.

• usefulcat 8y ago
  Correlation != causation. The fact that most newspapers aren't lucrative doesn't mean they don't value profit.
  • spac 8y ago
    Bloomberg News is not a newspaper. The company makes money from selling terminals not news (although the terminal contains news, but it's easy to see that sensationalism is not what the customers pay for).
    • usefulcat 8y ago
      No one had to pay to read the SuperMicro story (the original one that started all this).
  • stupidbird 8y ago
    Sure, but they let everyone read this specific story for free. They could have easily kept it behind their paywall. Overall Bloomberg as a company does not sustain itself on news revenue.