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L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’

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441–450 of 568 posts

Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’

#441
post #79

Earlier quoted context omitted.

Sweden has the highest death rate per capita of all developed nations.

Where is that stat? The sources I have seen do not show that.

The stat that they're specifically referring to is the case fatality rate, but that has a lot more to do with the denominator (Sweden's utter failure to test) than the numerator (actual number of deaths).

Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’

#442

The LA Times's investigation into Purdue Pharma in 2016 revealed internal Purdue documents demonstrating the company's culpability in fueling the opioid crisis. > The documents provide a detailed picture of the development and marketing of OxyContin, how Purdue executives responded to complaints that its effects wear off early, and their fears about the financial impact of any departure from 12-hour dosing. I don't h…

At the end of the day, if a doctor is prescribing medication against clinical guidelines, surely the doctor is at fault? If a pharma warehouse is burgled then it's on the burglars. Am I missing something regarding this case? Did they mislead doctors? Edit: Downvotes to -4 with no engagement for asking a question. This place has gone downhill rapidly

I linked to a 6,500-word article answering your question and you are surprised you got downvoted? Or feel free to look into why armies of lawyers on both sides negotiated a $10bn settlement. If "surely the doctor is at fault" held water, they wouldn't have come close to that number.

Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’

#443

There is no point in advertising if no one can buy your product right now. Retailers, dine-in restaurants, movies, hotels, travel, pro sports, big clothing brands, concerts, events, tourism. The list goes on and it is massive. All these industries are huge spenders on advertising. Then there are all the products and services that _could_ be bought, but consumers and companies have pulled back on because of uncertaint…

And nobody should be spending money beyond necessities right now - and stocking up on backup necessities.

It’s not the time to be buying a new car, it’s not the time to be trying new makeup products, and then we have other issues - it’s not the time for new films in the cinema, it’s not the time for sports, the lists go on.

It’s not time to buy new products, and certain subsets of products are no longer allowed to exist.

I hope advertising suffers a lot, to be honest; it’s an industry of corruption, manipulation, and lately, privacy violation.

Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’

#444

Earlier quoted context omitted.

Yup, it's worse than the United States even. They're not a model of success at all.

It's not worse than US: http://91-divoc.com/pages/covid-visualization/ (third plot on page)

Wrong data. You're looking at confirmed cases, which Sweden is massively falling behind on because they're under-testing so badly, as you can see from their absolutely incredible (as in unbelievable) reported case fatality rate of 9%. It's not that 9% of their population is dying from this, it's that they're not even catching 1 out of every 50 people that even have it. Their stats look low because they're so severely under-reported.

The correct figures to be comparing here are per capita deaths. Sweden is currently sitting at 1,014 deaths per 10M people while the United States is at 789. Ergo, Sweden's outbreak is roughly a third worse than the US so far, and growing worse.

Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’

#445

There is no point in advertising if no one can buy your product right now. Retailers, dine-in restaurants, movies, hotels, travel, pro sports, big clothing brands, concerts, events, tourism. The list goes on and it is massive. All these industries are huge spenders on advertising. Then there are all the products and services that _could_ be bought, but consumers and companies have pulled back on because of uncertaint…

Since ads are a supply-demand market, supply must equal demand. There is nobody who can store ad slots in a warehouse and sell them later. Since publishers are unlikely in the short term to take down their websites just because revenue falls, that has led to prices dropping to near zero on the open market. The only real revenues now are from advertisers who have fixed price per impression or per click contracts, or w…

Perhaps I'm just not clever enough, but this reads like a homework assignment saying the same thing OP did much more eloquently:

"There is no point in advertising if no one can buy your product right now"

Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’

#446

Why has no one developed a news subscription service yet? I want to be able to pay 50¢ here or $1 there for an interesting article from NYT, WSJ, WaPo, Bloomberg, The Guardian, The New Yorker etc., without paying for a subscription. I can't afford to subscribe to all of them. There are not enough hours in the day for getting a return on my investment. New York Times $50/yr Wall Street Journal $100 Bloomberg $420 LA T…

a... micropayments platform? Maybe regulated by a cryptocurrency or embedded blockchain based on eyeball tracking? That would analyze the articles you like and dynamically assemble articles that are related? That would collect "quality" ratings on the article based on how deep you scrolled into it? Outside all the tech wordsoup I just spouted, there is real potential in that. Maybe it needs to be couched in an indepe…

You don't need any of those buzzwords, you just need a multi-site SSO login that you pay more per year for than any one individual paper and that lets you into the paywall of all of those paywalls. It's a trivial technology problem; the hard part is in the business partnership building, specifically in getting the different newspapers to come to an agreement in how revenue from this subscription is going to be shared amongst them.

Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’

#447

Earlier quoted context omitted.

The journalists are just doing what their employer asks them too. Their employer is trying to sell papers/clicks. No enough people are willing to pony up for good journalism like the parent comment -- I'm generalizing but most people don't even like to read long form journalism anymore. If we want to know why journalism sucks we need to look in the mirror.

“When you’re young, you look at television and think, There’s a conspiracy. The networks have conspired to dumb us down. But when you get a little older, you realize that’s not true. The networks are in business to give people exactly what they want. That’s a far more depressing thought. Conspiracy is optimistic! You can shoot the bastards! We can have a revolution! But the networks are really in business to give peo…

It's far more of an ongoing loop rather than a one-way conversation.

Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’

#448
post #418

Earlier quoted context omitted.

> other countries haven't locked down hard and aren't seeing a big spread Let’s be precise. Some other countries haven’t locked down hard and aren’t seeing a big spread yet . You mentioned Sweden. Here was Time a few days ago: > A head doctor at a major hospital in Sweden says the current approach will “probably end in a historical massacre.” He says healthcare workers at his hospital who have tested positive for the…

I keep hearing these stories about how Sweden's approach will end in disaster, but their new case rate is ~500 per day with >10,000 existing cases. A 5% growth rate of new cases strongly implies that they are already past the peak. What am I missing that would imply things are about to get vastly worse there? (I do see some other specific mistakes there that lead to a higher death rate, but I don't see the concern ab…

[deleted]

Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’

#449
post #370

Why has no one developed a news subscription service yet? I want to be able to pay 50¢ here or $1 there for an interesting article from NYT, WSJ, WaPo, Bloomberg, The Guardian, The New Yorker etc., without paying for a subscription. I can't afford to subscribe to all of them. There are not enough hours in the day for getting a return on my investment. New York Times $50/yr Wall Street Journal $100 Bloomberg $420 LA T…

>I don't want to subscribe to just one paper. There are so many good articles in all the papers. A few years back I just went ahead and subscribed to the ones I wanted to support to try to support journalism. It was more affordable than I thought, but there is friction to keep them from taking advantage of you. For instance, at one point it was cheaper for me to subscribe to the Sunday edition of the NY Times to get…

Spending $100 a month on a grabbag of various newspapers is completely infeasible for the average person. Ergo, it's not a solution to the problem.

Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’

#450

Earlier quoted context omitted.

Since ads are a supply-demand market, supply must equal demand. There is nobody who can store ad slots in a warehouse and sell them later. Since publishers are unlikely in the short term to take down their websites just because revenue falls, that has led to prices dropping to near zero on the open market. The only real revenues now are from advertisers who have fixed price per impression or per click contracts, or w…

Perhaps I'm just not clever enough, but this reads like a homework assignment saying the same thing OP did much more eloquently: "There is no point in advertising if no one can buy your product right now"

The element I was trying to add but not wording well is that even if some people are still paying for ads, and still have things to sell, they price they pay will be dropping dramatically.

Theres a reason Netflix has been advertising so heavily lately - with cheap ad spots, they might as well collect as many customers as possible now.

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