Forbes Boss Says News Apps Aren’t Big Moneymakers

Mr Magazine: “I do think a lot about the notion of websites and apps,” said Forbes chief product officer Lewis DVorkin. “If we can’t make money, that’s not a good thing. And the app world is a difficult world to make money in. But more people are on their smartphones than ever. So, how do we monetize our users on a smartphone when apps are not, so far in the news business, great revenue-drivers? We struggle with that.”