reifman writes: "WiredMag reports, 'Revenue from newspaper classified ads is off nearly 50 percent in the past decade, a drop that comes to almost $10 billion. Only a fraction of this loss is because of Newmark's company, but as the largest online classified site, [it's] easy to blame'. More likely to blame is that community newspapers largely cede the role of online town hall to craigslist — or take the wrong approach when they do compete. With the trust and eyeballs of their communities, why is it so difficult for local newspapers to take on a site that Wired calls 'firmly stuck in 1999'?"
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