Posted on 09/22/2005 3:30:00 AM PDT by jimbo123
The New York Times was hit with more bad news yesterday when Standard & Poor's Rating Services put the company's long term debt on "credit watch with negative implications" after the company lowered its earnings estimates once again.
The news follows by one day the company's announcement that it will slash 500 jobs over the next six to nine months, including 45 newsroom jobs at flagship The New York Times and 35 in the newsroom at the Times-owned Boston Globe.
"The Credit Watch listing reflects New York Times' lower earnings guidance due to a softer than expected advertising revenue climate," said S&P credit analyst Donald Wong.
(Excerpt) Read more at nypost.com ...
Yay!! Nah Nuh Nah naah, Nah nuh nah naaah, hey hey hey Goodbye!!
"far right NY Post and Washington Times"?????????????????????????????????????????
Whiskey Tango Foxtrot, IMI!!!
The compost? right? whoooooo-boy!
I'm sure future generations will be left in the dark when "the newspaper of record" finally bites the dust. (See tagline.)
I don't think that was William Raspberry. I know who you're talking about, tho...
"We can evade reality, but we cannot evade the consequences of evading reality."
Sorry. I had thought that he was the person.
Say! What about Al Gore? Now there's a novel solution!
Excellent! Heeheehee
Nice.
Thanks! Great list. It's not irrational hate. They've earned it.
Carl Rowan. Another liberal gasbag.
Old whores have VERY few other marketable skills...Media whores have even fewer!
Nice one my friend!
As circ numbers continued to tank advertisers *&* their $$ flee -- enmasse -- in a gallant effort at distancing themselves, their stockholders & reputations from any semblance of an association with the hordes of lunatics running the asylum called The New York Times.
Simple, no?
And why are circ numbers plummeting seems a fair, salient question to ask at this stage.
That one question alone lies at the very bottom of all the NYSlimes' woes, & their *demise*.
Someone really ought to just go ahead & *find* the guts to ask the only person who'd really have the answer to that one troubling question, *Pinch* Sulzberger.
Yes the young *Pinch* should have a handle on all that, don'tcha think?
Perhaps the NYSlime's Pulitzer Prize winning columnist Maureen Dowd would like that interview?
Think the scag would be up to the task? :o)
~eh a belated, long overdue thanks to you, your lovely bride & all the other RC volunteers who were on hand to welcome those left homeless by Katrina to your community.
This Bud's for you, pal.
Question: Was that *your* email Rush read from the person in Franklin, TN"
The email disputing Liberal-Socialist's attempt(s) to smear the good people/volunteers with The Red Cross?
Y'know the smear had to originate with the brainstems at the NY Slimes don't you, & it didn't work.
People are sick of the Liberal-Socialist quisling mediots & their endless bile, smears & attacks on everything dear to an awful lot of people's hearts.
So let the NYSlimes now enjoy the fruits of their labors.
...a slow drown. ;^)
The NYT gave up on me after many calls from their call center offering big discount subscriptions. I explained life is too short to spend my hard earned money on a left wing rag full of sarcastic anti conservative, anti military, anti traditional family articles, not to mention their one sided editorials! The same with Newsweek & Time. I made a bet with myself to see how many times any conservative, but in particular the President, was in the arrow up article in the magazine. He got an arrow up for winning the election but even that was accompanied by a snide remark.
They make me seasick with their "George Bush is an idiot" or "George Bush is a brilliant but evil politician" swings.
Funny thing is, after saying no to the big NYT package....they would offer me just the "Sunday Times"....they really don't get it. But then, I'm just one of the little people and way too unsophisticated to appreciate their visceral hatred of everything I love, cherish and respect.
There's too many of us to ignore... If the NYT's, or any newspaper thinks they can flip off half their potential customers, and not risk bankruptcy, they've lost touch with reality. Magazines can do small markets, but not newspapers.
Newspapers have to hit the numbers for an advertiser to get his money's worth... Some papers have resolved the problem by faking their subscription numbers - some by cutting costs - but the best will do it by offering a better product. And that will include news everyday people are interested in reading, not just stuff for liberal elites.
If the newspapers don't figure this out soon, they'll hit a tipping point - and it'll be too late to save the industry.
It's like the story of the pond. In 30 days the pond will be covered in scum that will kill the pond. Every day the scum has doubled. On what day was half the pond covered?
A tipping point of no return can happen quickly. The answer is day 29. The next day it doubles and that's day 30.
Your post #56 expressed my thoughts exactly!
Sounds like someone was having a Martha Stewart Moment.
Nice to see that those nauseating TV spots they've been running seem to be falling flat. That one guy (paid actor) who says, "The Times gives you the truth", well, how precious is that?
Y ou wrote, "Newspapers have to hit the numbers.....the best will do it by offering a better product."
I agree!
The NYT is making the classic mistakes of a business losing market share. Rifs, pricing and reorganization won't do it. First they assumed if they became "lean & mean" (cut thousands of jobs) that will solve the problem. They fret over pricing and try to entice customers with cheap "deals". Now they are in the final stage, probably a "re-design" where they plan to serve up the exact same product in a new exciting hi-tech fashion selling their infamous editorials as a spin-off on the internet.
You hit it when you wrote about "better product", in other words, QUALITY. The NYT will continue doing a slow twirl death dance until they realize that the customer holds the only definition of "quality" that counts!
For me, a quality media outlet would report news with out bias and with perspective. I've become so sensitive to this bias that the snide negative remark about conservatives or the president inserted into a straight news article jumps out at me and destroys the news value of the story. There is little to no "perspective" in their articles so we are left to seek other sources. One of the best examples is their all negative war reporting. Every sad or sorry military story is printed & repeated until it is on everyone's mind......they must think that Americans only want to know about our KIAs, or tragic occasional military suicide, or a few misfits or strategic failures.
Just consider this. The country is at war and we American's love nothing more than keeping "score". We get into it; whether it's a sports game, the stock market, or the WOT. Here on FR we have a contributer, StraightVermonter, who posts the daily terrorist round-up. If the NYT had hired him to print the "deck of cards" most wanted terrorists on their front page the day the president laid it out and then reprinted it every day to the present with big slash marks through the ones captured or killed, I suggest they would have had a big bump in sales. Everyone who wants to win the WOT would need to check daily to see the score and cheer the names of the soldiers who were victorious. How sad for my country, my fellow citizens and our brave troops that the fact that we have successfully captured/killed 40+ of the 52 is nowhere to be found in the most well known paper in the US, the NYT.
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