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Oh, how the mighty have fallen. The NY Times reported the sale price was one dollar plus assumption of liabilities. Karma for all those nasty anti-Trump front pages?
1 posted on 09/05/2017 8:08:34 AM PDT by jalisco555
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To: jalisco555

“Adding an MORonic media property like The Daily News not only expands our tremendous portfolio of newspaper brands.”

Notice “brands” not NEWSPAPERS. Print media is dying.


2 posted on 09/05/2017 8:33:50 AM PDT by LeonardFMason (426)
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To: jalisco555

New York Daily News, not the New York Times. Hopefully it won’t go full tilt Leftist.


3 posted on 09/05/2017 8:33:58 AM PDT by Yulee (Village of Albion)
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To: jalisco555

This is reality hitting big media markets like New York. The city doesn’t need 3 or 4 dailies. No one reads them anymore. And the News always struggled to find its niche. It certainly isn’t the conservative paper. And the city’s liberal elites read the NY Times if they want liberal invective. And I guess no one wants a down market, highly partisan liberal paper. They ought to just put it out of its misery. This new company is going to experience nothing but losses too.


4 posted on 09/05/2017 8:34:05 AM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: jalisco555
The New York Daily News, a tabloid that once boasted one of the highest daily circulations in the nation,

It STILL has one of the highest daily circulations in the nation. ALL papers are down (except maybe WSJ). That said, I do remember when the New York Daily News ranked ahead of both the New York Post and Newsday.

Rank Newspaper             Owner                                        Circulation
01   New York Times      New York Times Company              2,237,601
02   Long Island Newsday Patrick Dolan and Charles Dolan         512,118
03   Los Angeles Times    tronc, Inc.                          507,395
04   New York Post      News Corp.   424,721
05   Dallas Morning News     A. H. Belo Corp.  410,587
06   Chicago Tribune   tronc, Inc.  384,962
07   Washington Post  Nash Holdings, LLC  356,768
08   Daily News (New York)  Mortimer Zuckerman  299,538
09   Amnewyork  Patrick Dolan and Charles Dolan  291,991
10   Star Tribune (Minneapolis)  Glen Taylor  285,129

Source:http://247wallst.com/media/2017/01/24/americas-100-largest-newspapers/
6 posted on 09/05/2017 8:43:15 AM PDT by Dr. Sivana (There is no salvation in politics.)
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To: jalisco555

The NY Daily News used to be a decent paper with good, well written stories. Now, it’s frightfully cookie cutter libtard. It might as well be an official organ of the Dummocrap party. You can predict, without having to read them, that all the stories will be very heavily slanted against Trump, against any conservative, and very pro all causes dear to libtard bleeding hearts. They even have a prominent section called “Immigration Rights”, giving illegal criminal invaders all kinds of helpful advice on how to break U.S. law and hide themselves, etc. I find it physically nauseating now to read the NY Daily News. This paper is now perhaps fit to wipe yourself with and that’s about it. It would be worth more shredded and added to your compost pile than read.


10 posted on 09/05/2017 9:03:40 AM PDT by EinNYC
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To: jalisco555

1 dollar plus liabilities was the sale price for Newsweek as well IIRC.


13 posted on 09/05/2017 9:13:55 AM PDT by xp38
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To: jalisco555

Wow! The end of the newspaper era. I started reading the Daily News when I was 6 years old! Haven’t touched it for the past 20 years, though.


20 posted on 09/05/2017 10:03:53 AM PDT by miserare ( Hillary--you lost! Get over it!!)
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To: jalisco555

The Daily News is known for it’s Leftist bent, who would buy such a mess?


24 posted on 09/05/2017 12:19:14 PM PDT by 1Old Pro
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To: jalisco555

Well in their defense the liabilities are probably astronomical... :-b


25 posted on 09/05/2017 12:46:43 PM PDT by ichabod1 (Smoke does not mean fire when someone threw a smoke grenade.)
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To: jalisco555

Now we can preach our gospel to even more choirs.


28 posted on 09/06/2017 1:22:12 AM PDT by Eleutheria5 (“If you are not prepared to use force to defend civilization, then be prepared to accept barbarism.)
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