Posted on 08/16/2006 11:47:14 AM PDT by Kitten Festival
True - and pathetic.
I could earn NY Times investors 1000% in the first 6 months if I ran the company.
1. Close down all news operations
2. Close down all outside interests
3. Just sell the crossword puzzle as a daily
4. Create and sell books of just the NY Times crossword
puzzles
I bet circulation would skyrocket because now you have another 65% of the population buying the Times for something that is actually useful,although mindless like the paper is now.
This article made me feel warm all over for some reason.
Would be absolutely hilarious if the NYT went bankrupt. A perfect metaphor for the "bankrupt" Left in this country.
Would be absolutely hilarious if the NYT went bankrupt. A perfect metaphor for the "bankrupt" Left in this country.
I'd like to have the NYT Book Review.
Oh yes, this is definitely the "feel-good" story of the day.
Congratulations to the filmmakers: they managed to sneak in more leftist propaganda where it was totally unexpected.
The elitism of the Times even extends towards those who want to like and support them.
Its been mismanaged by a man who uses its resources to subsidize an agenda, mocking anyone who may either want information, news, or simply put, may not even agree with its agenda.
It doesn't help that all their writers bascially agree with each other, write in the same style, and have slipped on their work ethics as of late.
DMDW Ping list worthy material here...
I hope they tie a jukebox to pinch when they throw him overboard.
Every little podunk paper in the country takes its lead from the fabled times, because every newspaper editor in the country dreams of being hired by the old grey whore.
That Wolff piece on the NYT in Vanity Fair is a classic, worth slogging through the hate-Bush trash and vapid celebrity-worship of the rest of the magazine. You have to get through a nearly non-sequitur opening sentence about the White House "war on the Times," but Wolff really filets Pinch Sulzberger.
I read elsewhere that in their metro area, the NYT doesn't have anywhere near the circulation of the Post and the Daily News. The plan, as we have seen unfolding in the last decade, is to have a national edition along the lines of USA Today and become the de facto national newspaper.
The problem, as I see it, is what the Marxists call an internal contradiction as long as the Times maintains its strong internet presence.
People in the hinterlands who'd pay money for the NYT in competition with or alongside their local paper really have no incentive to do so when the product is available for free on the web, with the exception of editorial comment which the little old lady in Peoria could care less about anyway.
The stronger their web presence, the weaker the print edition outside Metro. As mentioned above, inside Metro they're getting whacked by the local competition.
Put this alongside the almost one billion dollar outlay for their white elephant headquarters building and the closure of some of their satellite printing plants (engines by the way that make possible a national edition) and Pinch seems to be presiding over an empire coming apart with centrifugal force.
Diversifying the operation has led Pinch into very questionable purchases, further weakening the core. It's only a matter of starting the countdown to takeover clock. But who would want it?
Knight-Ridder isn't doing that well. Non-publishing conglomerates would be crazy to buy the Times, too. Maybe the Times will go the way of General Motors, a slow slide into irrelevance, bankruptcy, then oblivion.
At 2:54 pm EDT, the NY SLIMES stock NYT is doing its normal thing, diving like a rock on the stock market. It is down 2.17%
NYT New York Times Company (NYSE) 8/16/2006 2:54 PM
Last:
21.67 Change:
-0.48 Open:
22.25 High:
22.25 Low:
21.58 Volume:
2,058,300
Percent Change: -2.17%
Yield:
3.23% P/E Ratio:
16.54 52 Week Range:
21.70 to 35.00
Anyone who watches Gilmore Girls can tell you that Logan's dad is a prick.
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