Boston Globe Doesn't Deliver For the [New York] Times [MSM Death Watch]

The Wall Street Journal ^ | October 19, 2006 | By JULIA ANGWIN

[aculeus]

When the New York Times Co. bought the Boston Globe in 1993 for $1.1 billion, the family-run New York newspaper said it was betting heavily on the future of the highly educated, affluent Boston market.

But now that brainy, well-heeled populace turns out to be on the leading edge of a digital migration that is pummeling the Boston Globe so badly that it is on track for its first unprofitable year in its recent history, according to people familiar with the company's finances.

Boston has the third-highest penetration of broadband of any city in the United States, after Honolulu and San Diego, with 76% of households having high-speed Internet connections, according to comScore Media Metrix. Free Internet classifieds have heavily damaged the Boston Globe's traditional reliance on classified advertising and free Internet news outlets have contributed to steep losses in newspaper circulation. The Globe, like other newspapers, has a Web site, but ad growth online is dwarfed by what is exiting the print side. "Whatever ails our industry got to Boston first," says Ken Chandler, editor of the rival newspaper, the Boston Herald. "It's the Internet. It's all the choices people have for their time."

The Boston Globe's woes have been dragging down its parent company's performance this year -- and it's likely to get worse when New York Times Co. reports earnings today. The Times has already disclosed that its New England division's ad revenues -- the bulk of which is the Boston Globe -- dropped by 11.7% in July and 15.7% in August, after already sliding 10.4% in the second quarter and 7.2% in the first quarte

[aculeus]

Full article is behind WSJ Subscription wall ... but you've got the good news.

[fatnotlazy]

Here's hoping, if the Boston Globe is headed for the trash heap, the Times isn't far behind.

[Man50D]

Any article I read about the decline of the newspaper industry attributes it demise soley to the internet but fail to mention another reason is people are fed up with the bias socialist media.

[Diogenesis]

BOSTON GLOBE = SUPPORTERS OF TERRORISTS

Boston Globe Publishes Fake Iraq Rape Pictures - Thread 1

Boston Globe Publishes Fake Iraq Rape Pictures - Thread 2

Boston Globe Publishes false statements which create Turkish bombings of HSBC bank murdering a dozen people

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BOSTON GLOBE = CHANNELING EXPERTS AND DEMOCRATIC APOLOGISTS

“If Mary Jo Kopechne had lived, she would be 64 years old.
Through his tireless work as a legislator,
(Sen. for Life) Edward Kennedy would have brought comfort to her in her old age.”
Charles Pierce, January 5, 2003 Boston Globe Magazine

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[longtermmemmory]

How soon before the democrats demand public funding for newspapers.

[fatnotlazy]

I didn't like the Times the moment I found out it didn't have a comics section. :)

[Man50D]

I didn't like the Times the moment I found out it didn't have a comics section. :)

The New York Times is a comic section.;o)

[HEY4QDEMS]

Newspapers will be the town cryers of this century.

[Brilliant]

You'd think that with all the liberals in Boston, they'd be raking in the bucks. I guess that the libs just don't have enough money to support all the media propaganda outlets they've set up.

[Chickensoup]

Full article is behind WSJ Subscription wall ... but you've got the good news.


How is the WSJ doing? Are they financially managing to stay afloat?

[MelonFarmerJ]

"Whatever ails our industry got to Boston first," says Ken Chandler, editor of the rival newspaper, the Boston Herald. "It's the Internet. It's all the choices people have for their time."

And so it begins, the slow spiral into the trashcan of history. Internet vs. print, by the components: News for the news junkie??? 12 to 24 hours stale in a newspaper. Opinion? Slanted to the editors' political leaning, now available in every imaginable viewpoint. Weather? The same. Financials? No contest, Internet hands down. Classifieds? Targetable and searchable via the Internet. Comics? The entire galaxy available, not just those deemed politically correct. (like Doonsebury on the family comics page.)

The Internet truly is all things to all people. About the only thing the newspapers still have going for them are the broadside sales advertisements (supermarket inserts, etc.) which present a large amount of easily scanned data quickly, and obituary notices, ditto. The sales inserts/coupons can be delivered by the Internet (targeted, of course), and for the obits? Well, there's always the local newspaper......

[Uncledave]

ping

[cloud8]

> Here's hoping, if the Boston Globe is headed for the trash heap, the Times isn't far behind.

I can't say I'm for the death of any newspaper.

The Globe needs to take off its rose-colored glasses and realize that its editorial policy, not the Internet, is killing it.

[EQAndyBuzz]

I don't understand it.

Selling to 30% of the market because of a flawed ideology results in loss of revenue and they scratch their heads in wonderment.

Put me in charge of the NY Times and I will guarantee a significant increase in revenue.

[Hattie]

I am from the South so I can't quite figure this out. This paper seems to print what those voters in MA want to hear, based on the people they have put in office. So why is the paper not doing well? Or does the paper have to rely on right wing readers too?

[Maneesh]

Even in the liberal bastion of Massachusetts the Globe editorials are consistently over the top. A lot of democrats are not America haters and the Globe only appeals to the extreme left wing hate America crowd. It is an elitist, condescending and frequently untruthful newspaper and a lot of mainstream democrats have had it with them. I get a call from them every week to subscribe and after they have gone through their speel just say" The problem is that I am a patriotic American and every page of Globe stands against that". Often even the telemarketer grudgingly accepts that fact. The editorial board is completely put of touch with reality and exists for the sole purpose of bashing Bush and even in Massachusetts constantly trashing our president will not win friends and influence people.


Couldn't happen to a more deserving bunch of people as far as I am concerned!

[aculeus]

How is the WSJ doing? Are they financially managing to stay afloat?

I believe they're doing well. I quit their sub-only site for a while but agreed to re-up when they made an attractive offer ($79 per year but a $20 amazon gift cert as a bonus).

Their general content is tops ... and I agree with most of their editorial positions.

[slackerjack]

Speaking of the Globe writer Charlie Pierce, he just got caught in another lie.

Accuracy taking a toll on Globe scribe Pierce
By Gayle Fee and Laura Raposa
Tuesday, October 17, 2006

Boring Broadsheet blowhard Charlie Pierce wrote an ode to the Mass. Turnpike’s toll-booth coin baskets in Sunday’s Boston Globe Magazine that might have been relevant - if the Pike hadn’t abolished them more than three years ago!

Pierce’s musings, under the headline, “Long Live Coins!,” celebrates the use of change at the toll booth. No Fast Lane transponders for this old coot.

Thusly we quote: “Coming up on the Allston tolls . . . I start doing improvised base 10 mathematics with whatever change is lying around on the front seat of the car. While paper money is easier, the coins enable me to sail up to the toll basket like the genuine Dr. J.

“Occasionally,”’ Pierce continues, “I even throw the basket a head fake.” “Fake” is the operative word here since, according to Turnpike spokesguy Jon Carlisle, the exact change baskets are no more.

“The last 18 were removed in August of 2003,” he told the Track. . . . "I don’t know many people that are carrying a dozen or more quarters in their pocket who use the system,” the former Pike chairman said at the time.

Obviously, Matt didn’t know Charlie. "
http://thetrack.bostonherald.com/moreTrack/view.bg?articleid=162658

How much do you want to wager that this scribe has never even driven through a toll both? The Globe staff is full of hate America first, trust fund babies who live in the back bay and think hardship is having to watch a Sox game in the bleachers with the great unwashed.

[fatnotlazy]

I can't say I'm for the death of any newspaper.

***

Actually, I don't like to see any business go under or see people lose their jobs. But despite their spin, if these papers fold, it will be their fault.

[fatnotlazy]

Put me in charge of the NY Times and I will guarantee a significant increase in revenue.

***

Get rid of the bias and restore credibility. Make the paper something people want to read and learn from again...not use it to line the cat litter box.