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New York Times to Remove Stock Tables
Deadline Hollywood Daily reports that the New York Times will no longer publish stock tables starting in April.
"The way for papers to save money short of getting rid of people is to get rid of stock pages." For years, the nation's 900+ newspapers have run the AP's stock tables, so the trend is going to hurt non-profit AP's revenues. In the past month alone, the Atlanta Journal-Constitution, Chicago Tribune, Newsday, and the Denver Post are just some of the papers that have eliminated their stock listings. But the NYT is the biggest newspaper yet to follow the trend: after the Grey Lady, comes le deluge. Could it be possible that the Wall Street Journal is next? Speaking of the WSJ, I'm told to expect another round of staff cuts through layoffs and attrition.
Stock listings are much more useful online than in print but it is still a surprise to see the newspaper industry slowly doing away with the print version of them. It is another sign of the continuing transfer of news and information from print to digital technology.
