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Washington Post Still in Sad, Strange Decline (Dinosaur Media DeathWatch™)
New York Magazine ^ | May 7, 2012 | Joe Coscarelli

Posted on 05/08/2012 8:57:43 AM PDT by abb

Late last week the hallowed Washington Post announced a first-quarter operating loss of $22.6 million as print ads sank 17 percent year-over-year and online revenue dipped 7 percent, too. Weekday circulation is now under 500,000, falling almost 10 percent, while the company's onetime moneymaker, the education unit Kaplan, lost some millions as well. Journalists at the paper are well aware of the problems and last month had a dark-sounding "secret meeting" to talk things out.

Adweek reports that ten of the paper's top staffers met with president and general manager Steve Hills over sandwiches to chat "about the challenges that we face," in Hills's words. The paper picked up no Pulitzers this year, and so "Hills was said to have shocked with remarks that awards 'don't matter,' urged more traffic-driving slideshows over original Post photos, and compared the Post to Ohio's Dayton Daily News, a paper with one-fifth the circulation." Welcome to 2012.

Not present at the meeting was executive editor Marcus Brauchli, who assured Adweek that the Post is still after "original, ambitious, high-impact journalism," while the investigations division editor Jeff Leen said, "We're still doing very ambitious, expensive, risky work." Key word: expensive.


TOPICS: Business/Economy; Culture/Society; Extended News; News/Current Events
KEYWORDS: advertising; bhoeconomy; dbm; democratmedia; democrats; liberalmedia; mediabias; msm; newspapers; wapo

1 posted on 05/08/2012 8:57:54 AM PDT by abb
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To: 04-Bravo; aimhigh; andyandval; Arizona Carolyn; Bahbah; bert; bilhosty; Caipirabob; carmenbmw; ...

ping


2 posted on 05/08/2012 8:58:56 AM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: abb

http://online.wsj.com/article/SB10001424052702304363104577391712958166238.html?mod=WSJ_business_whatsNews
Carlos Slim Eyes Increased KPN Stake

http://www.mediabistro.com/tvnewser/bill-keller-fox-news-murdochs-most-toxic-legacy_b126770
Bill Keller: Fox News ‘Murdoch’s Most Toxic Legacy’

http://www.theatlanticwire.com/technology/2012/05/old-media-continues-die-new-platforms/52014/
Old Media Continues to Die on New Platforms


3 posted on 05/08/2012 9:01:44 AM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: abb

There is nothing strage about the decline of the Washington Post.

That is what happens when you limit yourself to only the liberal half of your potential customers. You automatically cut your potential sales by half. When that half is made up of idiots,entitlement lovers, crazed pseudo-intellectuals and others who just dont care ,or cannot read, eventually you sink.


4 posted on 05/08/2012 9:02:55 AM PDT by Venturer
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To: abb

Who in their RIGHT mind would buy a LEFTIST paper when we have Free Republic? Donate today if you haven’t done so already!


5 posted on 05/08/2012 9:03:53 AM PDT by Mich Patriot (Today if you invent a better mousetrap, the government comes along with a better mouse. RReagan)
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To: abb

Newspapers..... bye.....Going the way of the “town crier”, buggy whip, blacksmith, telegraph operator, gas station service attendant, 45 rpm records, telephone service operators, photo lab technicians, film processors, train caboose men, print encylopedia personnel... the BEST part is that unions and Buffet will lose money..fu-warren...


6 posted on 05/08/2012 9:08:26 AM PDT by Dick Vomer (democrats are like flies, whatever they don't eat they sh#t on.)
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To: abb

http://newsosaur.blogspot.com/2012/05/at-risk-best-newspaper-ad-buyers.html#comments
At risk: The best newspaper ad buyers

http://gannettblog.blogspot.com/2012/05/by-numbers-gcis-fortune-500-rank.html
By the numbers | GCI’s Fortune 500 rank plunges

http://jimromenesko.com/2012/05/08/chronicle-of-higher-education-ousts-blogger-over-black-studies-post/
Chronicle of Higher Education ousts blogger over black studies post

(This is why the “journalism” profession is - and always will be - populated by groupthink Marxists. If you don’t toe the line, you are excommunicated - abb.)

http://www.broadcastingcable.com/article/484199-Oprah_Network_Hurts_Discovery_Earnings.php
Oprah Network Hurts Discovery Earnings

http://www.adweek.com/news/press/fill-blank-we-trust-140057
n (Fill in the Blank) We Trust
Legacy journalism brands are betting consumers will keep the faith. Will they?

http://news.cnet.com/8301-13578_3-57429373-38/franken-comcast-thumbs-nose-at-net-neutrality-rules/
Franken: Comcast thumbs nose at Net neutrality rules

http://www.technologyreview.com/business/40319/
Why Publishers Don’t Like Apps


7 posted on 05/08/2012 9:13:06 AM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: Venturer
That is what happens when you limit yourself to only the liberal half of your potential customers. You automatically cut your potential sales by half.

The politicized LABOR UNIONS should realize the same thing. Union Made = NO SALE for the same half of the population.

8 posted on 05/08/2012 9:13:58 AM PDT by Huebolt (It's not over until there is not ONE DEMOCRAT HOLDING OFFICE ANYWHERE. Not even a dog catcher!)
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To: abb

SAD??????


9 posted on 05/08/2012 9:20:03 AM PDT by evad (STOP SPENDING, STOP SPENDING, STOP SPENDING. It's the SPENDING Stupid)
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To: abb
...the hallowed Washington Post...

Sorry, I couldn't keep reading after I got to that.

10 posted on 05/08/2012 9:24:40 AM PDT by SampleMan (Feral Humans are the refuse of socialism.)
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To: evad
SAD??????

I guess it's sad to New York Magazine which seems to be loony left judging by the comments below the article.

11 posted on 05/08/2012 9:27:44 AM PDT by Menehune56 ("Let them hate so long as they fear" Oderint Dum Metuant), Lucius Accius, (170 BC - 86 BC))
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To: abb

http://jimromenesko.com/2012/05/08/nyt-journalists-call-on-management-to-settle-with-staff/
NYT journalists call on management to settle with staff


12 posted on 05/08/2012 9:53:04 AM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: abb

Ahhhhh....the washington past......”It’s not news unless it helps the Democrats!”......sail on brave little sailors.....


13 posted on 05/08/2012 10:04:50 AM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: abb

The weekly papers do well here. No garbage just straight local news.

If someone had a national app for obituaries by town, county and state there would be no local daily paper.

Leftist billionare boyfriend of Chellie Pingree just bought a number of Maine daily papers. I imagine that the papers will tank further.


14 posted on 05/08/2012 10:05:37 AM PDT by Chickensoup (In the 20th century 200 million people were killed by their own governments.)
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To: abb

First-quarter operating loss of $22.6 million ... print ads sank 17 percent year-over-year ... online revenue dipped 7 percent ... weekday circulation under 500,000 ... falling almost 10 percent ... Kaplan, lost some millions.

Government tech school largesse has propped up the leftist rag for years. As a result, ComPost can no longer stand on its own, as demonstrated with the above information from the article. When the bubble pops on student loans, and it will within the near future, then Mee-Maw's wipe is done. Period.

15 posted on 05/08/2012 10:07:18 AM PDT by Zakeet (Obama loves to wok dogs)
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To: Chickensoup

The only thing that props up local weeklies is the government-paid legal ads. Pull that stuff and they go under, too.


16 posted on 05/08/2012 10:13:44 AM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: abb

We have weeklies that are thick with advertising and provide nice content.


17 posted on 05/08/2012 10:28:40 AM PDT by Chickensoup (In the 20th century 200 million people were killed by their own governments.)
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To: SampleMan
I pay for 4 pieces of ink and paper publications, Rush's Monthly Newsletter, Golf Magazine, American Hunter and my local paper which is {semi} conservative.

I only buy the local paper to check the obits so that I know I'm still alive.

Limbaugh has a great interview every month and has many funny quotes and tidbits.

His monthly editorial is just a rehash of some part of his program, but it's a quick two page good read.

My son lives in the Annapolis area and cancelled the Washington Post subscription over a year ago, but they still deliver it { at no charge???}.

Talk about screwed up.

18 posted on 05/08/2012 10:36:56 AM PDT by USS Alaska (Nuke the terrorist savages, start today.)
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To: abb
When the bubble pops on student loans, and it will within the near future ...

Speaking of which, in today's daily squawk from SeeBS Smooze: Student loan bill fails as Senate gears up for protracted battle

Senate Republicans on Tuesday blocked a bill aimed at extending low interest rates for student loans, signaling the possibility of a protracted congressional battle over a measure lawmakers in both parties agree should ultimately be passed.

In a 52-45 vote, Republican Senators blocked further work on the "Stop the Student Loan Interest Rate Hike Act of 2012," a Democrat-sponsored bill that would extend low interest rates on federally subsidized student loans for another year. Barring an extension, the rate on new loans for undergraduates would increase from 3.4 percent to 6.8 percent this July. Sixty votes were needed to advance to debate.


19 posted on 05/08/2012 10:38:50 AM PDT by Zakeet (Obama loves to wok dogs)
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To: Venturer

Demographics is also working against them. Young people just don’t read newspapers.


20 posted on 05/08/2012 12:23:53 PM PDT by ops33 (Senior Master Sergeant, USAF (Retired))
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To: abb
Adweek reports that ten of the paper's top staffers met with president and general manager Steve Hills over sandwiches to chat "about the challenges that we face

gone are the days of steak and lobster...

21 posted on 05/08/2012 2:55:59 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Chode


22 posted on 05/08/2012 2:57:07 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Chode

Not necessarily.
MooseChelle may have hit the buffet line before they stopped for lunch.


23 posted on 05/08/2012 2:57:41 PM PDT by nascarnation
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To: nascarnation
yup, ya never know anymore...
24 posted on 05/08/2012 3:03:04 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Zakeet

Is that John Travolta?


25 posted on 05/08/2012 3:08:48 PM PDT by rabidralph
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To: Huebolt
The politicized LABOR UNIONS should realize the same thing. Union Made = NO SALE for the same half of the population.

You're right. When I see the 'Union' label, I put the product down.

26 posted on 05/08/2012 4:24:50 PM PDT by GOPJ ( "A Dog In Every Pot" - freeper ETL)
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To: abb
Late last week the hallowed Washington Post ...

That would be the hollowed out Washington Post - so what's happening? Or not happening? It's not one thing it's...

It's not just bias, that's too simple. It's not just giving the finger to the half of Americans who are conservative - that alone wouldn't destroy a large newspaper.

It's not just the total lack of diversity of ideas. It's not even the silliness of diversity based on pigmentation and sexual organ choices... It's not the short sighted laying off of working journalists and downsizing of needed staff.

It's not even the vanity of editors wanting to cover larger and larger areas - not to help their advertisers or provide a better product, but just to push personal ego trips to 'strut on the stage' to BE the blowhard.

It's not even the slippery destruction of old school ethics - where journalists never SOLD themselves to the highest bidder - or "mixed" with those they covered.. Nope... it's not even...

Gads there's just too much stuff - I'd be here all night... Anyhow the connections to the community are compromised by short term, biased, elitist thinking and it's dreadful. I read my local paper until I've been slapped in the face a few times, insulted, and lied to once or twice... then I turn to the comics, read 'Pearls before Swine' and decide I'll wait another day to cancel my subscription...that day is coming...

I'm not alone in my thinking.

27 posted on 05/08/2012 4:53:58 PM PDT by GOPJ ( "A Dog In Every Pot" - freeper ETL)
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To: Chickensoup
The weekly papers do well here. No garbage just straight local news.
In the founding era, most newspapers were weeklies. There were some which didn’t have a deadline at all, and just went to press when the printer was good and ready!
The Associated Press changed that by producing/distributing a continuous stream of news from around the country and the world. Thus, the newspapers stopped being about the opinions of their printers and became about so-called “hard news.”

28 posted on 05/08/2012 5:52:30 PM PDT by conservatism_IS_compassion (The idea around which “liberalism" coheres is that NOTHING actually matters except PR.)
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To: Chickensoup
About five years ago Rupert Murdoch addressed the American Society of Newspaper Editors (ASNE) convention. He advised them that if they wanted to make money in the newspaper business, they should concentrate on local and county wide newspapers. They make money. The monster flagships, well, the facts speak for themselves.

Around here, we have reasonably good quality, entertaining, informative local papers, tabloid format, which are distributed FREE and make ALL their revenue off advertising.

So what's so hard about the newspaper bidness?

29 posted on 05/08/2012 6:37:10 PM PDT by hinckley buzzard
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To: abb
the investigations division editor Jeff Leen said, "We're still doing very ambitious, expensive, risky work." Key word: expensive.

Keyword: BS. What he means is they support worthless but grandiose narcissistic prima donnas on outrageous expense accounts to generate supermarket tabloid-level features.

30 posted on 05/08/2012 6:43:09 PM PDT by hinckley buzzard
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To: abb
Journalists at the paper are well aware of the problems and last month had a dark-sounding "secret meeting" to talk things out.

And they laughed at the Bushes being members of Skull & Bones.

31 posted on 05/08/2012 7:10:35 PM PDT by martin_fierro (< |:)~)
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To: rabidralph

You are SOOOOOOOOOOOO sued !


32 posted on 05/08/2012 8:46:38 PM PDT by fieldmarshaldj (If you like lying Socialist dirtbags, you'll love Slick Willard)
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To: hinckley buzzard
About five years ago Rupert Murdoch addressed the American Society of Newspaper Editors (ASNE) convention. He advised them that if they wanted to make money in the newspaper business, they should concentrate on local and county wide newspapers. They make money. The monster flagships, well, the facts speak for themselves.

Go read Alvin Toffler's The Third Wave. Written from the 1980 perspective (the year it was published), one chapter from that book, "De-Massifying the Media," has become one of the most prophetic things I've ever read. Thanks especially to the modern public Internet, we're getting the news faster than even the wire services! And with modern "smart" cellphones, people can post videos (with sound!) on YouTube, Vimeo, and other video sites very quickly. In short, it's the most dramatic change in communications since Gutenberg invented the hot-metal movable-type printing press in the 1450's.

33 posted on 05/09/2012 3:52:25 AM PDT by RayChuang88 (FairTax: America's economic cure)
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