Saturday, October 27, 2012

'Great Journalism' That Has Unwanted Business Impact in China | The Public Editor - NYTimes.com:

Nor could there have been much harmony for those at The Times who deal with advertising revenue, a difficult enough proposition as a discouraging third-quarter earnings report made clear on Thursday.

The episode is an extreme example of an enduring newspaper-world fact: journalism and business interests don’t always go hand in hand.

The Times did exactly what one would hope and expect: It published a great story without undue regard for the short-term business consequences.

And, given The Times’s financial challenges and its major effort to become a true global news organization, that took guts.