N.Y.C. Newspaper LOSING $5 Million A Year? "Let's Buy It!"

As we say in New Yawk...

"GO FIGURE!"

Newsday, experts in newspapers, decided it couldn't deal with losing FIVE MILLION A YEAR on the freebie AmNewYork, so they sold it. Who'd be dumb enough to buy it?

The idea of an ad-supported free newspaper is on par with a banner-supported news website. Only less so?

A main reason given for the newspaper's problems is that it's designed to appeal to subway riders. Most of its kiosks are located near subway entrances. They've even paid near-homeless people to hawk the paper at the entrances and try and shove it into commuters' hands.

Thanks to technology, people can make cellphone calls and use their fabulous laptops and pads on the subway now, so there's even less reason to riffle the pages of a newspaper, even for free.

The only two reasons I can think of would be: a) fear of hauling out an expensive device somebody could steal, and b) the desire to do the crossword puzzle or the peculiar Ken-Ken number game.

It wouldn't necessarily be to read about ME and a famous actress friend discussing abuses of her beautiful intellectual property online (thank you for that article AMNewYork).

Oh yes...I won $50 from them once, for entering a "caption this photo" contest. Then they stopped running them.

According to the New York Post article the new owner Joshua Schneps:

"We are looking forward to enhancing amNewYork’s brand through our expertise in multi-platform media including print, digital, events, social media and broadcasting platforms."

That might mean, what, MORE crossword puzzles? How about coloring pages for the kiddies? How about a few pages of coupons you can clip, to really appeal to cheapskates who don't want to pay for the Post or the Times or the Daily News?

Hey, Schneps, you could "fluff up" the paper and use better stock so homeless people can have something more comfy to lie on. You could have a few more embarrassing pages of ads for phony psychics, and more disgusting photos of diseased feet that podiatrists might be able to fix.

You could write more articles about ME. I wrote this one on you. We're even?