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Desperation at the New York Times. There’s Good News Tonight!
GaryNorth.com ^ | February 21, 2013 | Gary North

Posted on 02/21/2013 6:20:20 PM PST by DeaconBenjamin

Liberalism is on the run.

The New York Times is selling everything that isn’t nailed down. It is trying to sell the liberal Boston Globe. It sold its papers in Florida. It sold its share of the Boston Red Sox.

The Times is the voice of American liberalism. Its voice is turning into an old man’s croak. It stands on the street corner. “Paper, Mister? Buy a paper?”

“Our plan to sell the New England Media Group demonstrates our commitment to concentrate our strategic focus and investment on The New York Times brand and its journalism,” said Mark Thompson, chief executive of the Times Co., in a statement.

He said the Times was “proud of our association with the Globe” and Worcester Telegram & Gazette, but that “given the differences between these businesses and The New York Times, we believe that a sale is in the best long-term interests of these properties and the employees who work for them as well as in the best interests of our shareholders.”

Translation: “We tried to sell this turkey in 2009, but we got the union to buckle. It’s still a turkey. We will do anything we can to unload it.”

Management at the Times pretended for four years that the Boston Globe is not dying. They put it on life support. Now it should be put out of its misery.

Management at the Times played pretend. It pretended that all daily newspapers in large cities are not dying, including the Times.

The Times is a mastodon in a tar pit. The smaller ones have already sunk. It is sinking. It is trying to conceal the fact by selling assets.

Liberals bet on control of local newspapers as their way to control voters’ thinking. That strategy is dying. So are daily newspapers. Nothing can reverse this.

The current sale plan, in addition to the Globe and Worcester Telgram, includes BostonGlobe.com, Boston.com, Telegram.com and the Globe’s direct mail marketing company, GlobeDirect. It also would include the company’s 49 percent stake in Metro Boston.

Anyone with an ounce of sense, left the Boston Globe at least four years ago. The handwriting was on the wall. The free market had placed the Globe in the balance. It was found wanting.

So, let us delight in the Times‘ dilemma. The Times deserves it.

The poor schnooks who work at the Times hold on with the same desperation as their peers at the Boston Globe have. They think: “I work for the Times. I won’t happen to me.” Of course it will happen to them. The Times, like the Boston Globe, is going the way of all newsprint.

They pay $5,000 a month for a cramped, run-down apartment in the Big Apple. They could be working in Atlanta, buying a 2,500 square foot home for $125,000. But that would be beneath them.

In 10 years, they will take their six-month severance checks to their wives and say, “I have to start over.”

I love it.


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: lyingdyingmedia
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To: DeaconBenjamin

I learned a long time ago, from my leather belt toting father “It is so much more profitable to tell the truth.”


21 posted on 02/21/2013 7:15:44 PM PST by jivin gene (Breakin' up is hard to do)
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To: DeaconBenjamin

The Old Grey Lady is having a yard sale at the townhouse she inherited, wearing a floral print house dress, smoking Virginia Slims and drinking a Natural Light. And she’s almost at the end of her reverse mortgage.


22 posted on 02/21/2013 7:19:04 PM PST by Pan_Yan
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To: DeaconBenjamin

The Old Grey Lady is having a yard sale at the townhouse she inherited, wearing a floral print house dress, smoking Virginia Slims and drinking a Natural Light. And she’s almost at the end of her reverse mortgage.


23 posted on 02/21/2013 7:19:24 PM PST by Pan_Yan
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To: DeaconBenjamin

OMG.... this is another CRISIS!!!!

Without these newspapers, the homeless will freeze to death.


24 posted on 02/21/2013 7:20:02 PM PST by Gator113 ( REGISTER THE DAMN LIBERALS and leave my guns alone!!)
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To: Pan_Yan

Smart phone + fat thumbs = double post.


25 posted on 02/21/2013 7:21:46 PM PST by Pan_Yan
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To: ConradofMontferrat
Even one or two TRUE conservatives in their line up would save them.

Can you imagine Manhattan's limousine-liberals' heads exploding if the NY Times began regularly publishing Mark Steyn and Michelle Malkin on their opinion pages? Sure, it might save the paper, but for the scum who wown and run the paper, their religion (big-government socialism - - for other people) comes first. So that will never happen.

26 posted on 02/21/2013 7:24:14 PM PST by Lancey Howard
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To: steve86
(but the latter part is no different from FR)

What a crock of B.S.

Are you really comparing the N.Y. Times to FR?

You are either jerking chains here, with some axe to grind...or smoking dope.

FR,,,like the the N.Y. Times...!!! What a reach....LOL!!!

27 posted on 02/21/2013 7:26:42 PM PST by Osage Orange (MOLON LAVE)
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To: Lancey Howard

Funny you should mention Michele, because I was thinking of her when I posted that!

Great minds think alike.

Michele is a bright light. I’m glad she’s on our side, I’d hate to be her enemy.


28 posted on 02/21/2013 7:28:54 PM PST by ConradofMontferrat (According to mudslimz, my handle is a HATE CRIME. And I HOPE they don't like it.)
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To: Osage Orange

You haven’t spent much time on the FR religion forum if you aren’t aware of the prevalence of anti-Catholic comments. I don’t ever remember seeing you on anything but a Mormon-bashing thread. In fact, on the topic of hate for Catholicism I’ve seen more vitriol here than the NYT. On second thought, might you be one in sympathy with the condemnation?


29 posted on 02/21/2013 7:44:14 PM PST by steve86 (Acerbic by Nature, not Nurture™)
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To: DeaconBenjamin

If the NY Times goes under, they’ll just all get jobs at the Washington Post or USA Today or CNN or MSDNC or Obama’s cabinet or...


30 posted on 02/21/2013 7:45:24 PM PST by OrangeHoof (Our economy won't heal until one particular black man is unemployed.)
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To: DeaconBenjamin

“Our plan to sell the New England Media Group demonstrates our commitment to concentrate our strategic focus and investment on The New York Times brand and its journalism,”

I assume they are referring to their brand (failed) and their journalism (yellow)!


31 posted on 02/21/2013 7:49:37 PM PST by RetiredTexasVet (The Progressive mind...an arid ethical and moral wasteland!)
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To: All

The Internet didn’t kill newspapers. Not really, anyway. It may be somewhat of a factor, but actually the decline of them started right after WWII thanks to the event of TV news and rising operating costs.


32 posted on 02/21/2013 7:49:53 PM PST by Strk321
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To: DeaconBenjamin

IIRC, the Slimes bought the Globe (and Telegram, etc) for around $1.1B in 1993.

The value of the paper plummeted to an estimated value of $65M in 2009, with a real bid of $33M.

I had reason to look up Adolph Ochs earlier in the week, and clicked on his grandson’s link. For some strange reason, the Arthur Ochs Sulzberger, Jr. Wiki entry doesn’t have his well known nickname of “Pinch” (papa was “Punch”...) mentioned at all.


33 posted on 02/21/2013 7:52:14 PM PST by Calvin Locke
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To: DeaconBenjamin
It won't save the NYT, but if little Pinch would just fire that useless gnome Krugman, and Dowd they might have a chance.

I take it back, don't fire Dowd, I enjoy the CZJ pics...

5.56mm

34 posted on 02/21/2013 7:57:41 PM PST by M Kehoe
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To: steve86
I don't read the N.Y. times....but I seriously doubt anyone equating them with FR.

Appears you are just looking for a fight.

As far as "mormon-bashing" goes....I'd like you to point those posts by me out. I'd be interested in what you apparently think is "bashing".

Your last sentence is laughable.......

35 posted on 02/21/2013 7:57:54 PM PST by Osage Orange (MOLON LAVE)
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To: GeronL

I think Donald Trump will make an effort to acquire the NYT, with the understanding if he is shut out, he will compete against it.

And he will win.

The NYT seems to be rallying to oppose that - though if the were half as smart as they claim, they would take him up in a heartbeat.


36 posted on 02/21/2013 7:58:03 PM PST by Cringing Negativism Network
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To: Cringing Negativism Network

they would rather go out of business than sell to anyone who comes close to non-liberal


37 posted on 02/21/2013 8:01:35 PM PST by GeronL (http://asspos.blogspot.com)
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To: DeaconBenjamin

FtNYT’s.


38 posted on 02/21/2013 9:27:52 PM PST by Amberdawn
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To: matt04

Not reporting the genocide by Stalin in the 30s (durranty) was a liberal NYT crime against humanity.


39 posted on 02/21/2013 10:32:34 PM PST by The_Media_never_lie (Actually, they lie when it suits them! The crooked MS media must be defeated any way it can be done!)
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