Posted on 07/17/2008 4:16:07 PM PDT by AJKauf
Pinch Sulzberger has taken perhaps the most recognizable media brand in the country and run it into the ground. Can the Gray Lady be saved?
(Excerpt) Read more at pajamasmedia.com ...
Finally some good news.
“Can the Gray Lady be saved?”
I certainly hope not.
Sniffle, sniffle...
The NYT is mired in a quagmire and they are lying to the American people when they say the newspaper can succeed. The NYT needs to face up to reality, admit defeat and withdraw from the newspaper business.
Bury the rag and save some trees.
DNR (Do Not Resusitate), and tanks but no tanks to taxpayer bailouts of Ye Olde Grey Beotch by le goobermint
Put a stake thru it and dance on the grave!
(I would p*ss on the grave of the NYT)
There continue to be rumors that some major big city daily newspapers are going to go out of business, or just be an on-line presence. The newspaper business is in free fall, with so much advertising going to sites like Craig’s List, and with circulation numbers hurt by the internet and cable TV news.
Maybe it’s only a matter of time before some newspaper goes out of business. It’s happened before with changes in the media and communications. 50 years ago, most big cities and many smaller ones had both a morning and evening newspaper. Evening newspapers disappeared years ago. Printed newspapers may be the next to go.
The magazine business has the same fundamental problem.
What’s not to like about this outcome? What’s worth reading in the NYTimes — Isn’t that the problem?
Look at JRCO. LOL.
No. Propaganda had its run. The P-age is over.
......Can the Gray Lady be saved?......
She has degenerated into the OL’Gray Whore....... a brothel for presstitutes
Liberals like Pinchy don’t care about making a profit. As long as the Times can bash the US and conservatives, and disclose classified information to the terrorists, then he’s done his job.
ping
http://money.cnn.com/news/newsfeeds/articles/djf500/200807171437DOWJONESDJONLINE000829_FORTUNE5.htm
Newspapers Offer Rich Divs In Otherwise Slumping Industry
Dow Jones
July 17, 2008: 02:37 PM EST
NEW YORK -(Dow Jones)- Not everything in the newspaper industry is a nightmare - dividend yields for major publishing stocks could become a pipe dream.
Trading at two-decade lows after it reported a 36% drop-off in second-quarter profits, Gannett Co. (GCI) was sporting a dividend yield close to 10% at Wednesday’s closing bell. New York Times Co.’s (NYT) yield was over 7%, and McClatchy Co. (MNI) was above 14%.
With the mortgage and credit crisis ravaging stock returns this year, the prospect of double-digit yields can set an investor’s heart fluttering, but no industry is being hit harder in this downturn than newspapers. With their operating cash flows in decline, the days of rich dividend payouts for publishers could be numbered.
Morningstar analyst Tom Corbett says that for publishing stocks, investors need to watch out for an investment phenomenon known as “sucker’s dividend.”
“As rich as these yields are, it’s because these stock prices are declining, and the market is sending a signal that these dividends are not sustainable,” says Corbett. “When you have a company with declining profitability paying out above-average dividend yields, investors need to ask themselves how long this will be sustainable.”
snip
Ha.
The NYT would have done exactly that.
bump
You must be a lonely man out there...
The Slimes and other flagship liberal media are massive money MAKERS for the Left because they prime the pump for the Left’s key industries. Look at the billions of AIDS research dollars generated. Look at the billions of “climate change” dollars generated. The lucrative civil rights industy, the “tort” industry, etc. etc.
All of these industries were launched by hysterical headlines and then the drip-drip-drip of Chinese water torture-like “coverage” in which the story line is advanced incrementally to industrial dimension.
The machine feeds on lie after lie and only the media can do this—convince straight people that they are equally at risk of AIDS (not true but how else do you generate billions); convince people the polar caps are melting (only to re-freeze again of course but never mind that); convince people that billions should be paid out whenever a doctor or his assistant forgets to dot an i or cross a t; and so it goes.
Find any pot of billions out there in control of the Left (from trial lawyers to teachers unions to Hollywood to “Palestine”) and you can trace that pot back to a few seminal headlines in the Slimes or grave dispatches on CBS News or glowing reviews in whatever MSM outlet you name.
It was the Slimes and the MSM that turned a homicidal pedophile like Yaser Arafat into a billionaire and peace prize winner; it turned Barack Obama, a Chicago ward hack, into “next president of the USA;” it made from back alley deviants a protected class of citizens with “rights” beyond any available to normal people, who it renamed sick or “homophobic;” and so it has always gone, each and every cause of the Left advanced from the springboard the MSM and only the MSM can provide.
What am I saying? The NY Times is NOT going to fail or “go under.” Long before it does it will be propped up by a Soros or collection of Soros-like interests who NEED the NY Times far more than the money it will take to subsidize it.
When you cease being a news source, which in its purest form is unbiased, you’ve watered yourself down to become nothing more than another source of entertainment. Sorry, NYT, Wash. Post, LA Times, we have enough People, Entertainment Weekly, Enquires, Newsweeks in the world already.
Sadly, I think you are right.
Sadly, I think you are right.
Thanks for the ping.
For what conceivable reason would anybody want to "save" the Gray Old Whore?
When I was a kid in the NYC area I remember the New York Times, The New York Herald Tribune, the New York World Telegram, the New York Sun, the New York Journal American, the New York Post, the New York Daily News, the New York Daily Mirror. and the Brooklyn Tablet. When my mother was a child, the Herald, the Tribune, the World, the Telegram, the Journal, the American all were independent papers. I remember at college, spreading out six or seven Sunday papers in the lounge, spending the whole afternoon reading the papers. When I visited San Francisco in 1964, they still had four or five papers there. This used to be a way of life for interested Americans, and we are now at the very end of it. 'Gone with the Wind.'
Uh, no.
But it’s not all Pinch’s fault.
I would buy a conservative NYT every day. Plenty of in-depth news coverage, excellent writing, and a conservative viewpoint. Bliss.
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