Posted on 06/19/2007 7:39:13 PM PDT by LdSentinal
DENVER Seven newsroom employees at The Denver Post have been laid off, in addition to 14 others who accepted buyout offers, Editor Gregory L. Moore said Tuesday.
The newspaper said last week that 16 employees accepted buyouts, but two changed their minds, Moore said.
The Post, which is owned by MediaNews Group Inc., took the action amid an industrywide restructuring as newspapers cope with declining readership and advertising revenue.
"For the moment, I think we are where we need to be on the budget," Moore said.
Denver-based MediaNews is the nation's fourth-largest newspaper group. It operates the Post in a joint operating agreement with E.W. Scripps Co., the Cincinnati-based owner of the Rocky Mountain News. Seventeen staffers accepted buyouts from the News last month.
Please let it be Diane Carmen, Jim Spencer & Cindy Rodriguez!!!!
They should all write a final essay stating how and why they lost their jobs.
Would there be any hint of contrition? Of course not, they would blame everyone but themselves.
When I grew up in Denver (actually Lakewood) late ‘60s early ‘70s, there were two papers: Denver Post and Rocky Mtn. News.
My folks subscribed to the Rocky Mtn. News — mainly because it was printed in a “book-style” format and was easier to read. My best friend was a paperboy for Denver Post.
I was under the perception that the Rocky Mtn. News was the more conservative of the two. But what did I know then.
Are there still two papers? Is one more “conservative” than the other?
Of course I realize that they may BOTH be liberal rags by now...
It’s kinda ironic these papers laying off newsroom staff. With the advent of the internet, about the best equity they should have is their news content / capacity since the papers will be going away. If these guys were really moving to the internet like most papers say they are, then they would be keeping the news staff.
You are right Nervous Tick in that they are both liberal rags now; however, if I had to pick one over the other, for instance to wrap my fish in rather than just throwing it away, the News is marginally better.
I grew up in Denver same time frame as you...I will be fifty in December...went to Holy Family High School in north Denver and still live in Thornton. How about you?
True. I can see layoffs in production, but a newspaper's value over bloggers et.al. is their news-gathering personnel and abilities. If they're laying those folks off, then it suggests that people aren't buying their bulls**t content.
>> How about you?
Similar, I think. Lived in Lakewood my whole life until I graduated (Lakewood H.S.) and joined the Navy. Moved to Texas after I got out; been here ever since. 51 now.
The papers merged, and are owned by the Denver Newspaper Agency. They pretend to be two different papers, even pulling occasional fake spats with each other. The RMN is still a little more conservative than the Post, which is Moonbat heaven with a couple of exceptions.
>> The papers merged, and are owned by the Denver Newspaper Agency.
That figures. Probably also explains why there are 2 papers. “Positioning”.
Some years back (maybe ‘92?) I visited Aspen and was astonished to find THREE papers! (all small)
One of the locals explained: at first there was just the “mainstream” paper. Then an “alternative” paper started up, and started pulling readers from the mainstream paper. So the mainstream paper started a new paper to the left of the alternative paper to sandwich the interloper and get the lost readers back.
Newspapering — what a wacky business! I’ll miss ‘em when they’re extinct.
Nah...
Death spiral —
1. Revenue drops
2. Staff is cut
3. Content suffers as a result of cuts
4. Drop in circulation due to content
5. Drop in revenue due to drop in circulation
6. Prices of ads and delivered products are raised
7. Revenue drops even more, puzzling the staff who never studied supply and demand. They blame Gen X-ers and bad public education.
8. Owners gather to plan more staff cuts
The keen creative mind of Martin Fierro shows what awaits the staff re employee reductions at the Dinosaur fishwraps and ABCNNBCBS as their phoney businesses spiral down into the liberal cesspool of history.
“Death Spiral...”
Superbly and lucidly put ! Right on!
When my fish are wrapped in the final printing of the NYT, I will know my life is rather comfortably complete.
POX on their liberal houses !
Dinofishwrap actually started migrating to the Inet over a decade ago. Unfortunately for fishwrap the Inet truly levels the playing field by totally eliminating the need for an expensive printing press infrastructure that heretofore served as an enormous barrier to entry into the news business. A barrier large enough to effectively ensure its owners a virtual monopoly in a given market.
the news business "is broken, and no one knows how to fix it." ("And if any other paper says they do, they're lying.")
Newspaper, Magazine Publishers: Very Few Making More Than 3 Percent Of Sales Online
The overwhelming consensus among 350 global magazine and newspaper executives at a global media conference last week, Magazine 2.0, at the Hannover Congress Centrum in Germany: there is no profit in going digital.
Reinsurance Abuses At End, Buffett Says
...
Buffett said declines in circulation result from readers turning to alternative sources , such as free Web sites and television. And he said owning the dominant news Web site in a region is not enough to guarantee sustained profitability for newspaper firms.
As an example, he cited Buffalo, where Berkshire owns the Buffalo News and Buffalo.com, which he described as the most popular news Web site in the city. "We've got the best position, but it isn't remotely like owning the paper 30 years ago."
Buffett said buying newspapers was once an excellent investment because the dominant paper in any city could count on steady advertising revenue and could raise ad rates, often as much as it wanted, every year. With circulation dropping, that is no longer the case, Buffett said.
That is so funny in the morning, at noon, in the afternoon and just before bedtime.
Amen. My gut actually hurts from laughing so hard each time it happens to pop up in a thread.
Once the dinosaur fishwrap execs get used to the taste of the blood of their fired employees. Future firings will be easier and will serve as serial punishment for their peons, whenever bad results are reported.
The execs/high priests and priestesses will become blood thirsty and will gladly be Aztec High Priests in their dealings with their underlings. They will eagerily use human sacrifices/firings to appease the evil Gods of the business world. Top management knows that there is no place for them to run to for a big paycheck. So they will gladly sacrifice the peons under them to stay employed until they too are sacrificed.
Now every fishwrap employee is just one personality conflict away from being sacrificed to the Fishwrap Gods, er, fired.
Martin has a winner with his latest Shining Redo.
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