The Old Grey Slime, She aint what she used to be
No surprise here.............nothing to see........keep it moving
Those left wing chickens are coming home to roost
BizzyBlog has a brilliant synopsis of the the death throes of The New York Slimes Times
and the non-story I too refuse to report on "Nadagate"........Read it all, yup it's that good;
How is it doing in that area? Two words–not well: The stock has taken a 40% dive, from its June 20, 2002 high of $52.79 to a Friday close at $31.20. The Times’ daily and Sunday circulations both declined more than 3% between March 2002 and March 2005. Its other major newpaper property, The Boston Globe, has experienced similar hits to its credibility in the past five years and has seen its circulation decline even more steeply.
Do they care? Apparently not. While there will always be tension between newsroom and business priorities (all kinds of stories have the potential of ticking off advertisers), The Times attitude appears to be “the investors be damned” (HT #2 to Poor and Stupid): Hat tip: Liberal Hawks
BUY THE SUN! Call 1-866-692-7861
and let me state for the record, I have NO AFFILIATION with Sun, do not own stock in the Sun, have no conflict of interest. Just love, adore, respect that newspaper, and this is coming from a newspaperwoman (ex-Publisher of The New York Observer).
The self-centered idiots who run that paper probably have excellent retirement plans, excellent severence plans - most likely insured. Of course they don't care - worst that happens is they move to california with a big wad of money and find a new job in san francisco.
Fine by me, we just spend our time after that praying for that big earthquake.
Posted by: Jay | July 20, 2005 at 12:22 AM