Palo Alto’s Topix.net — a news aggregator purchased last year by Knight Ridder, Gannett and Tribune — will launch a free classifieds service intended to compete against Craigslist, according to E&P and Editor’s Weblog. However, by giving classifieds away, its classifieds will also compete against the paid classified sites of the newspaper companies that own Topics.net. “This is a big move for Topix.net,” wrote Edelman PR guru Steve Rubel in his blog Micro Persuasion. “It puts them squarely up against Craigslist – the giant that is eating away much of the newspaper biz’ revenue base. At the same time, it curiously provides a free alternative to existing paid services these companies run independent of their Topix JV [joint venture].” Topix won’t be limited to posting ads in its classified sections; it will be able to put, for instance, apartment listings for a particular city next to stories about that city. (Knight Ridder is expected to sell its share of Topix.net to McClatchy when the sale of its newspapers closes next month.)
Topix.net to compete with its owners
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