Due to continued declines in desktop ads, even top tabloid Web site like TMZ are struggling to make a profit, as the Financial Times reports. “The internet has also been the undoing of tabloids,
which prospered profitably for most of the last century, when the gossip-hungry still bought scandal sheets,” FT writes. Along with print declines, “It is similarly tough online —
even for scoopmeisters like TMZ, which is free to read, like most of its competitors.”
Read the whole story at Financial Times »
