Craigslist has cost U.S. newspapers $5 billion
By Agence France-PresseWednesday, August 14, 2013 14:21 EDT
The online classified service Craigslist has cost US newspapers at least $5 billion in revenue since 2000, researchers say.
The study, to be published in the journal Management Science covering the period 2000 to 2007, found Craigslist has had a huge impact on local US newspapers, which have in the past relied heavily on classifieds.
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