Posted on 03/10/2018 6:29:48 AM PST by raccoonradio
The priciest regional daily newspaper in the U.S. is about to get pricier, with as much as an 80 percent increase possible for some home delivery subscribers.
Last week, some longtime subscribers were notified via email that their weekly cost will go up to $19.70 a week, but the email made no mention of the further planned price hikes.
A customer service representative at the Boston Globes subscription phone center told a Business Journal reporter Tuesday that the company is planning to increase its seven-day-a-week home delivery cost, after all discounts have expired, to $25.90 per week for subscribers in the Boston metro area. The representative said the increases will be phased in gradually, but didnt say how long it would take.
Asked to confirm what the representative said, a Globe spokeswoman said, We don't comment on specific subscription pricing. However, the spokeswoman added that producing, printing and distributing quality journalism faces rising costs. We are grateful to be part of a community where readers value what we do."
Such a price hike, which works out to $1,347 a year for daily delivery, would be more than an 80 percent hike from the current non-discounted cost. It would also be significantly more than the New York Times ($16.26 per week), the San Francisco Chronicle ($13.13 per week) and every other regional newspaper in the U.S.
(Excerpt) Read more at bizjournals.com ...
The Herald is $8 per week to subscribe for home delivery, 7 days (reg price $2 per day)
“... the Globes owner, John Henry, has complained about the cost of printing the paper at the Taunton printing plant that opened last June. In an email interview with the Business Journal in January, Henry said the company spends triple the industry average to print and produce a newspaper, and warned that if he cant rein in expenses, the Globe may end up being printed where costs are reasonable.” Dan Kennedy, a Northeastern journalism professor and the author of The Return of the Moguls: How Jeff Bezos and John Henry Are Remaking Newspapers for the Twenty-First Century, said it makes sense for the Globe to charge a lot for subscriptions. At $30 a month after discounts have expired, the newspapers digital prices are already more than the New York Times, the Washington Post “or anyone else that I know of, he said.
A dozen years ago I would have said that print would be gone by now, Kennedy said in an email. It lives on, and probably will stay that way for many years to come but not as a mass-market product. Print is becoming a niche product for people willing to pay for it.
But a large part of the Globe;s revenue still comes from advertising, and print ads continue to be much more valuable than online ones.”
Boston Globe is owned by the NYT. They’re pricing themselves out of the market.
Expensive liberal fishwrap. Another dying fake news media outlet.
This foretells the end of printed papers in the USA. Too expensive for normal people. Soon only the rich liberal elite will be reading print papers.
Everything is digital these days.
Save the trees and install a free e-book reader.
Globe is owned by John Henry of the Boston Red Sox. The NY Times lost a lot of money when it sold the paper.
Wikipedia:
>> In 1993, The New York Times Company purchased Affiliated Publications for US$1.1 billion, making The Boston Globe a wholly owned subsidiary of The New York Times’ parent...Henry made his own separate bid to purchase The Globe in July 2013. On October 24, 2013, he took ownership of The Globe, at a $70 million purchase price
I must confess to liking the NYT crossword puzzles. Never buy the paper, just wait until the store throws out the old ones and fish out the puzzle.
The Fenway Gazette...
Yeah but you’ll make up the savings with coupons! < /sarc >
Old people buy newspapers so they can keep up with the obituaries.
The millenials will never buy them.
The Boston Globe....the source of “FAKE”news for those whose hearing doesn’t allow listening to CNN.
CNN..the AUDIO source of “FAKE” news for those whose eyesight no longer allows reading the Boston GLUB.
Both belong to the”NICHE” media club.
This foretells the end of printed papers in the USA. Too expensive for normal people. Soon only the rich liberal elite will be reading print papers
Amazing how history repeats in the Middle Ages only the wealthy could afford printed words.
Clearly they want to go full online. Why not just do it now?
The Glob should just go all the way, and then they’ll be just fine from all this leakage.
Raise the price and/or delivery rate to $100M. Then, they all they have to find is about 10 or 20 loyal customers. SHould be easy for this market in the People’s republic.
Then, who cares about the other millions of sheep that buy the rag.
Boston Globe is owned by the NYT. Theyre pricing themselves out of the market.
Expensive liberal fish wrap. Another dying fake news media outlet.
My brain still short of coffee ended up with a Yearly Cost of $1352.
Very expensive Fishwrap.
Well over a decade, I decided that I didn’t want the SF Gay Chronical. My wife liked it, and I said fine, “You can pay for its cost.”
She paid for one quarter and there was another price increase, and she cancelled the delivery.
The millennials will never buy them.
Neither will those in their 40’s to mid 50’s, what ever that group is called.
None of our adult children, their spouses, nieces/nephews and their spouses in their 40’s to mid 50’s subscribe to a newspaper. They never have and never will. Their neighbors never get newspapers.
Which is why they and we get weekly ads in our mail from grocery stores and other vendors.
The Bowtied Bumkissers of Morrisey Blvd. strike again.
The Globe is no longer owned by the NYT.
.
Our little hometown paper is that for a whole year. The two freebie ones are just as informative.
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