Five years ago the New York Times, worried about the declining revenue of its print side, ventured into online education. Now it appears to be getting out.
According to the original announcement in 2007:
The New York Times introduced today a new online initiative that pairs Times content with faculty course material for both credit-bearing and continuing education courses. Educators will now have the opportunity to select Times articles, archival content, graphics and multimedia content, including videos and Webcasts, gathered around specific subjects, and make them available to students online, along with other course materials. Students will benefit from access to thematic content that is drawn from the vast array of Times reporting on a countless number of issues.
Then two years ago the company decided to offer actual academic credit in partnerships with several colleges.
“I can confirm that after July 31, Knowledge Network courses will no longer be available online,” said Linda Zebian, manager of corporate communications at the Times Company. “We’re examining our education businesses to see how we will structure them in the future to best serve readers and others who are interested in learning with The New York Times.”
Apparently online education didn’t generate the revenues the company expected.
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