Since its launch, Craigslist has been declared a threat to newspapers and magazines for taking a considerable amount of classified advertising revenue. Jim Buckmaster, Craigslist's Chief Executive, has noted that the traditional media attitude toward Craigslist has transformed from positive stories about "a start-up darling" to negative stories.

"Journalist friends of ours say that they have been told not to write positive stories about us," Buckmaster said.  "I don't mean it as a complaint, it is a factual answer... we are seen as a primary competitor by newspapers."

Though the traditional media may be trying to encourage a negative image of Craigslist, they could have come up with that business model for classfied ads, but Craigslist creator Craig Newmark beat them to it.

Source: Guardian.co.uk through EJC