Study Finds Craigslist Took $5 Billion From Newspapers
Posted: 8/14/2013  |  By: Jeff Bercovici | Forbes
For years, newspaper publishers have been saying Craiglist cut the legs out from under their industry by offering a cheap, easy online alternative to their classified advertising pages. For years, Craigslist’s creator, Craig Newmark, has been refusing to shoulder the blame.

As recently as this week, in fact, he was insisting it was still far from a settled question. “I’m still waiting to see any hard evidence for cause-and-effect,” he told the New York Times. “I’ve been paying attention for a long time.”