NEW YORK—With the struggling newspaper admitting this was the final nail in its coffin, The New York Times announced this week that it would permanently cease publication, saying there was no way it could compete with The Onion’s newly relaunched print edition. In an internal memo sent to the paper’...
The Onion’s latest expansion into physical media had forced the company to reevaluate all parts of its business—from its glaringly inaccurate reporting, to its comparatively low circulation numbers, to its deeply unpopular brand, to its completely inept columnists.
In an internal memo sent to the paper’s 5,800 employees, publisher A.G. Sulzberger said that while he had done everything in his power to keep The New York Times afloat, The Onion’s latest expansion into physical media had forced the company to reevaluate all parts of its business—from its glaringly inaccurate reporting, to its comparatively low circulation numbers, to its deeply unpopular brand, to its completely inept columnists.