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Bored readers cutting off Globe’s circulation
Boston Herald ^ | 10/20/05 | Jay Fitzgerald

Posted on 10/20/2005 8:06:55 AM PDT by Pikamax

Bored readers cutting off Globe’s circulation By Jay Fitzgerald Thursday, October 20, 2005 - Updated: 07:59 AM EST

Circulation is melting away at the Boston Globe, on top of vanishing ad revenue, and the need for deep cuts is forcing closure of its national news desk and two sections within the broadsheet.

But the New York Times Co., parent company of the Globe, is standing by Globe publisher Richard Gilman and his management team – even as Morrissey Boulevard has become a drag on Times Co. earnings.

The Times Co. said yesterday its Boston paper's weekday circulation plunged by nearly 8 percent over the past six months compared to last year – dropping 35,000 copies to 416,000, despite heavy marketing and steep price discounts offered by the newspaper.

Its Sunday circulation fell by 55,000 – about 7.6 percent – to 667,000.

Circulation at the parent Times newspaper saw a slight gain during the same period, the company reported.

The Globe is also the Times' poor performer on the ad front.

Its New England Media Group – which includes the Globe and Worcester Telegram – saw ad revenue fall by 4.1 percent in September and by 2.9 percent in the third quarter, the company said.

The Times ad revenue, in contrast, climbed by 3.8 percent in September and by 2.9 percent during the third quarter.

Times Co. earnings fell by more than 50 percent in the third quarter because of higher costs and a charge related to staff cutbacks.

The company's shares fell 26 cents yesterday to a six-year low of $27.49.

Janet Robinson, chief executive of the New York Times Co., attributed the Globe's poor showing to a ``continuing softness in the Boston economy.''

Despite the Globe's drag on companywide performance, Times Co. spokeswoman Catherine Mathis said the company is standing by Gilman and his Globe management team.

The entire newspaper industry has been suffering in recent years, due to a severe advertising recession and increased competition from the Internet.

The Boston Herald, owned by the private Herald Media Inc., saw its circulation fall by about 4 percent during the past six months, half of which Herald officials say is attributable to changed ABC auditing rules.

Al Larkin, a Globe spokesman, said about half of its six-month circulation drop is due to a decision to eliminate bulk giveaways to hotels and other sponsored deliveries.

Robinson had kind words yesterday for the Herald, which is searching for new investment partners.

``We always feel it's important to have a strong competitor in the market,'' she said. ``We certainly want the Herald to have more investments and certainly to continue to be a strong competitor.''

Last month, the Times announced that it would eliminate 500 jobs companywide – about 135 of them at the Globe.

Yesterday, sources confirmed that the Globe plans to eliminate its national news department.

The unit's two reporters have reportedly been offered jobs within the metro department in the Hub newsroom. But the fate of the four editors is unclear.

Globe editor Marty Baron declined comment.

Larkin would only say the Globe is ``realigning our national desk'' and placing responsibility for national coverage under control of the 11-employee Washington bureau.

Meanwhile, the Globe is also planning to eliminate its Education section on Sundays, as well as eliminate its Life At Home as a separate section. It will be rolled into the Thursday Living section.


TOPICS: Culture/Society; News/Current Events
KEYWORDS: mediabias; schadenfreude
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To: Pikamax

> [Globe] circulation plunged by nearly 8 percent ...
> Herald... circulation fall by about 4 percent ...

Print media is struggling.
Liberal print media is failing,
although not as fast as lib talk radio :-)


21 posted on 10/20/2005 8:39:18 AM PDT by Boundless
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To: All

If any one is interested in some hilarious letters to Globe writers from one of their subscribers (and uncle of a MA FReeper), check out http://cranberrybogfox.blogspot.com .


22 posted on 10/20/2005 8:39:41 AM PDT by BostonianRightist (I looted New Orleans and all I got was 40 of these lousy taglines.)
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To: Pikamax
I'm surprised Janet/Pinch didn't blame the internet or Bush. Or FR.

He he he.

5.56mm

23 posted on 10/20/2005 8:45:27 AM PDT by M Kehoe
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To: BostonianRightist

Thanks for the link. Great letters.. LOL


24 posted on 10/20/2005 8:57:00 AM PDT by Irish Eyes
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To: BostonianRightist

Love the letters! LOL


25 posted on 10/20/2005 8:59:27 AM PDT by CaliGirl-R (Everything I know about Dems, I learned from Democratic Underground)
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To: Pikamax

The Glob has always been a propaganda rag. Who wants to read "all the news we're twisting to fit our world-view" anyway?


26 posted on 10/20/2005 9:01:50 AM PDT by Antoninus (The greatest gifts parents can give their children are siblings.)
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To: andy58-in-nh; sittnick; ninenot; onyx; Salvation; wideawake; american colleen; saradippity

The despicable James Carroll is also a dishonest (see his Constantine's Sword) militantly anti-Catholic secular ex-priest who still has not grown up and is still in rebellion against his quite respectable (military intelligence) father who is now long dead. It is all in Carroll's autobiography.


27 posted on 10/20/2005 9:20:10 AM PDT by BlackElk (Dean of Discipline of the Tomas de Torquemada Gentlemen's Club)
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To: BlackElk

It doesn't matter anyway what his leanings are as he will soon be out a job too! Like his buddy Howard (the big mouth of Vermont)Dean says....the fish starts to stink at the head first! He is the head of a stinking fishwrapper of a newspaper!!


28 posted on 10/20/2005 9:50:19 AM PDT by geezerwheezer (get up boys, we're burnin' daylight!!!)
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To: BostonianRightist

I just finished reading those letters to the Boston Globe folks. They are really funny as can be, and they "stick and twist" their knives so deliciously it's a trip to read. Thanks for the humor and thanks for the posting.


29 posted on 10/20/2005 9:59:09 AM PDT by geezerwheezer (get up boys, we're burnin' daylight!!!)
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To: Pikamax

30 posted on 10/20/2005 10:05:35 AM PDT by Extremely Extreme Extremist (Harmful or Fatal if Swallowed)
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