# Professor Robert Seamans' joint research on Craigslist's impact on the newspaper business is referenced

1 Faculty News June 11, 2018 ![amNewYork logo](/sites/default/files/styles/246w/public/assets/images/con_047171.jpg?itok=hgocihsv)>

Excerpt from [AM New York](https://www.amny.com/news/craigslist-founder-cuny-donation-1.19138266) -- "A 2013 study by [Robert Seamans](http://www.stern.nyu.edu/faculty/bio/robert-seamans), of the NYU Stern School of Business, and Feng Zhu, of the Harvard Business School, showed classified-ad buyers saved $5 billion between 2000 and 2007 while local newspapers lost billions in potential revenue."

[Read more](https://www.amny.com/news/craigslist-founder-cuny-donation-1.19138266)