Posted on 08/16/2006 11:47:14 AM PDT by Kitten Festival
It has finally happened. The left is beginning to turn against New York Times publisher Arthur Ochs Sulzberger, Jr., known far and wide as “Pinch.” It is simple to understand why: the New York Times is becoming a failing business under his stewardship, and the Left needs the NYT.
Faithful readers of The American Thinker have known this for over two years, as we have chronicled the journalistic and economic decline of the New York Times Company. We started warning investors that their money was at risk before the common stock lost half its value. We slogged through to SEC reports, pushed the numbers, and proved the shocking decline of the core business and major profit center of the company, its metropolitan print edition.
But it is one thing for websites “out there” beyond the Hudson to point out that Pinch is killing the family business, and quite another for the man dubbed “the King of New York Media” by The New Republic to point out that disaster looms ahead for members of the Ochs-Sulzberger clan, who cash dividend checks, and who also control the election for the board of directors. They might start thinking seriously about the attractiveness of professional management for the enterprise which sustains what must be a sophsiticated and pleasant lifestyle.
Michael Wolff, longtime writer for New York Magazine, took to the pages of no less than Vanity Fair, the glossy definition of au courant attitudes for New Yorkers of a certain economic and social status, to openly mock Pinch in what can only be described as a “hit-piece.”
What gives?
(Excerpt) Read more at americanthinker.com ...
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.
How do I find out if my mutual funds own NYT Stock, and what can I do if they do?
Here is something, we can all do today to start eliminating the NY Slimes as a threat to our nation's security. We can do it at our computers and do it in less than 1 hour. Besides sending a severe warning to the NY Slimes and the mutual fund companies, who buy NY Slimes stock, we will stop the fund company wasting our precious investment capital on NY Slimes stock.
If a few thousand freepers did this simple action this week and a few thousand new freepers, friends and relatives each following week, we will have a terminal impact on the NY Slimes acts of sedition. Please send this how to your blogs, friends, relatives and email lists. This action will serve as a cannon shot across the bows fo the other Dinosaur Liberal Fish Wraps re sedition will not be tolerated any more, and any mutual fund daring to buy their stock to support treason and sedition by the NY Slimes.
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Want to smash the NY Slimes?
How many of us own mutual funds which own NY Slimes stock and even worse have increased their NYT holdings this year. NYT investment by a mutual fund company is a terrible investment re the dollar loss in Stock value the last 2 years. Those investments are an attempt to keep the NY Slimes afloat with our mutual fund $'s. Now it is very evident that the NY Slimes is an agent and abettor of the al Qaeda Serial Killers. The Slimes is endangering the lives of our families, friends, innocent Americans and every warrior of ours. Go to this link to see if your mutual fund owns NYT. http://moneycentral.msn.com/investor/invsub/ownership/ownership.asp When the MS Money stock home page comes up, enter NYT into the search area and hit enter and the following screen will show up re ownership of the NY Slimes stock: The New York Times Company: Ownership Information
Highlight the Mutual Fund Ownership and hit enter. If thousands of Freepers, whose mutual funds own shares of NY Slimes did the following:
We might have a lot more impact selling/trading any mutual fund, which owns NYT, than trying to boycott companies which sell to the elite liberals of NYC and advertise in the NY Slimes. |
http://www.vanityfair.com/commentary/content/articles/060814roco02
This is the FR thread where that article's posted:
http://www.freerepublic.com/focus/f-news/1683463/posts
Yep, "Pinch" is a mere reflection of "Punch" all right. Punch was a liberal who published the Pentagon Papers but at least he paid his dues during WWII as an enlisted Marine. Pinch, OTOH, is just a rich kid.
But if that’s not enough—and it never is enough—then what’s next is more independent board members, followed by little changes in the nature of control, and then asset sales, and lots of secret meetings among family members on the subject of what to do about Arthur, and then a plan afoot to take the title of publisher from him, and on and on … until … the powers that be face the dreadful discrepancy between the declining fortunes of business as usual and a more probable upside of dismantling, selling, and letting the market have its certain way.
Sheer joy
In reading the article, it appears that no way, no how, would I like to see Pinch removed. If he is steering the N.Y. Titanic towards the iceberg, leave him alone. He's doing just fine.
You people will want to read the catfight that's broken out between Michael Wolff and Charles Kaiser, another of the media Intelligensia.
Here
http://poynter.org/forum/view_post.asp?id=11724
and here
http://poynter.org/forum/view_post.asp?id=11725
And check for states that sponsor terrorism while you're at it.
John Stossel (of ABC) said that when he was working for one of the NYC TV stations (WCBS?) early in his career, the day would start with the station's News Editor cutting articles out of the front page of that morning's NYT and passing them out. "Here's your story for the day, get some good video to go with it."
I think their About.com subsidiary is keeping them afloat for now.
"Yoo-hoo---P-i-n-c-h---where are you?"
Well if you actually knew it, you sold short and are rolling in the dough right now - so why are you complaining?
I'm looking forward to the day when Pinch and the Times both go bye-bye! The old gray lady is more like a two bit whore than any lady, and deserves no respect from us.
Miniature Pinscher?
A jukebox? Why waste a valuable piece of machinery on the little puke? A junk refrigerator would do just as well.
I'm drowning in crocodile tears at the prospect of his (business)demise.
I thought you were going to say that the NY Times should simply dump all its attempts to provide content and convert all its paper output simply to "all toilet paper, all the time"..... but they would still be too expensive and too uncomfortable compared to Charmin, so maybe the Crossword puzzle idea is their best option....
. . . following the "eleventh commandment" - Thou shalt not question the objectivity of any journalist.
NYT close to another 52 week low, even as the Dow was up nearly 100 points today...
http://finance.yahoo.com/q?d=t&s=NYT
Ode to an Old Grey Whore:
Nag, nag
you old grey hag
you stinking slimy slut
you've got flies
upon your thighs
and worms crawlin out of your butt
Most entertaining! Thanks. Wolff's terrible Times syndrome seems remarkably similar to the terrible twos. LOL.
Ditto that!
You owe two bit whores a huge apology. At least they're not traitors.
The Ochs-Sulzberger "clan" does not need those dividend checks. Their investments elsewhere bring in plenty and they can prop up the NYT forever, with or without shareholders. The fact is that the left can't allow the NYT to fold. If the Sulzbergers couldn't save it, it would be kept afloat by leftist foundations. Without the NYT, the networks and CNN would have no idea which stories to report, which stories to suppress and what spin to put on things. No, the NYT will not be turning out the lights any time soon.
Me too! I wish they would go out of business or a missle would fly thru their treacherous offices!
Pinch was the one who said he would shoot an American soldier rather than a Vietcong. Nice lad!
I just love how they are now depicting Hezb-Allah, the group that murdered over 200 of our marines in 1983, as a "charitable oranization . . . rebuilding Lebanon". Aren't they lovely? Maybe they can rebuild Pinch's townhouse or his mansion in the Hamptons?
Thanks for the links.
LOL! At the NYT, it's a longstanding tradition to sanitize and lionize murderous regimes. Seventy years ago, they were performing this service for Stalin.
Yes, and their reporter, Durante or something like that, denied that there was mass starvation in the Ukraine and won an award for that lie! They are the absolute worst. Even the Washington Post is not as bad as the Slimes and they are pretty bad!
There is hardly a communist dictatorship on earth that has not been sanitized in the "news" by some NYT "correspondent."
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