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McClatchy puts Miami Herald up for sale (More bad "news" for the MSM)
HrealdTribune.com ^ | 12-07-08 | RICHARD PEREZ-PENA

Posted on 12/07/2008 9:15:01 PM PST by prismsinc

The McClatchy Co., burdened by debt and a steep slide in newspaper advertising, wants to sell one of its most prized properties, The Miami Herald, according to people briefed on the company's plans.

McClatchy, the nation's third-largest newspaper chain, has approached potential buyers for The Herald, said these people. But they said they knew of no serious offers for the paper, reflecting the evaporation of major investors' interest in buying newspapers.

The company refused to discuss the matter. Elaine Lintecum, the treasurer, said, "We do not comment on market rumors."

(Excerpt) Read more at heraldtribune.com ...


TOPICS: News/Current Events; US: Florida
KEYWORDS: mcclatchy; miami; miamiherald; newspapers
A lousy publication, to say the least. I had a friend who died in a boat wreck last year, The Miami Herald investigated his personal life and trashed him. He was a married Father of 3. Screw the MH.
1 posted on 12/07/2008 9:15:02 PM PST by prismsinc
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To: prismsinc

Figures. Innocent & decent people they trash while corrupt politicians and other crooks get a free pass. Miami Hearld dying along with the Scum Slantinel just up the road.

Two lib, pro-illegal, pro-diversity, DNC propaganda tabloids. The sooner they die, the more trees saved.


2 posted on 12/07/2008 9:18:16 PM PST by Frantzie
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To: prismsinc

“Better Red than Read; whoops, we’re Dead”


3 posted on 12/07/2008 9:26:34 PM PST by NonValueAdded (once you get to really know people, there are always better reasons than [race] for despising them.)
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To: Frantzie; prismsinc
DNC propaganda tabloids. The sooner they die, the more trees saved.
now that's, one enviro-message I can support.
Save a Tree/Forest...Kill a Liberal (waste of) Paper.
4 posted on 12/07/2008 9:26:44 PM PST by skinkinthegrass (just b/c you're paranoid, doesn't mean "they" aren't out to get you.. :^)
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To: skinkinthegrass

LOL! The even bigger joke is newspaper have a HUGE “carbon footprint.” They use trucks to move the papers around. Delivery people drive around in their cars delivery them. Trees, ink, electricty to run the presses. Paper mills that use bleach and other toxic chemicals. The sooner they die the better.

Anymore the only good one is Investors Business Daily and maybe the Daily Mail in the UK and sometimes the UK Telegraph. Wall Street Journal is now trash thanks to “conservative” Murdoch who showed us a month before the election that Fox News is the new CNN and MSNBC-lite.


5 posted on 12/07/2008 9:31:06 PM PST by Frantzie
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To: prismsinc

Are there any Fortune 500 net-tax paying corporations in the great Miami Dade metroplex at this point?
AutoNation, Ryder System, and Lennar. others?

AutoNation is the largest car dealership group in Miami area. And is partially controlled by Bill Gates now. Doesn’t look like the Miami Herald will be getting increased autos classifieds revenue at any point in the future.


6 posted on 12/07/2008 10:03:39 PM PST by JerseyHighlander
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To: prismsinc

Sure wish they would put the Anchorage Daily Worker up for sale. I miss reading a paper.


7 posted on 12/07/2008 10:14:20 PM PST by strongbow
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To: NonValueAdded

Post of the Day!!!


8 posted on 12/07/2008 10:15:31 PM PST by Yaelle
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To: prismsinc
Great news BUMP!

But they said they knew of no serious offers for the paper, reflecting the evaporation of major investors' interest in buying newspapers.

Whew... What kind of sucker would want to purchase a newspaper? It would be like buying a slide-rule factory. I would rather see this toilet tissue just kick a few times and die. These Democrat newsrooms and their party have done enough damage to my country, thank you.

9 posted on 12/07/2008 10:19:16 PM PST by Lancey Howard
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To: Lancey Howard

Funny!!!!! LOL


10 posted on 12/07/2008 10:27:51 PM PST by prismsinc (AIP works for ME!!!!)
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To: prismsinc

I wish Rush would buy this paper.

His editorials would be a hoot!!


11 posted on 12/07/2008 10:32:32 PM PST by CyberAnt (Michael Yon: "The U.S. military is the most respected institution in Iraq.")
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To: CyberAnt

Yeah! I’m sure he’ll have a monologue about the possibilities today!


12 posted on 12/07/2008 10:35:07 PM PST by prismsinc (AIP works for ME!!!!)
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To: prismsinc

All I can say about this paper going under is “LOL”, Good riddance. Now how many more newspapers do we have to get rid of?


13 posted on 12/08/2008 12:12:20 AM PST by claymax (Vote for a HERO...........not for the ZERO!)
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To: prismsinc
Maybe a group of conservatives could buy it and turn it into a NEWSPAPER instead of an agenda propagation machine.
14 posted on 12/08/2008 12:22:58 AM PST by fella (.He that followeth after vain persons shall have poverty enough." Pv.28:19')
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