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END TIMES: LA Times Employee Predicts Paper Online-Only In 3 Years (Dinosaur Media DeathWatch™)
Business Insider ^ | September 26, 2011 | Noah Davis

Posted on 09/27/2011 12:26:34 PM PDT by abb

Ed Padgett knows a thing or two about printing newspapers.

For the last 39 years, he has been working as a pressman at the Los Angeles Times.

In the near future, he could be out of a job.

"[The management is] expecting a really bad fourth quarter. The senior vice president told us we’ve got three years more of printing the hard copy Times before they shut it down. Our plant manager says five years," he told The Frying Pan.

A LAT spokeswoman said that there were no plans to cease publication of the print product, but you would not expect her to say anything different.

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


TOPICS: Business/Economy; Culture/Society; Extended News; News/Current Events
KEYWORDS: advertising; circulation; dbm; newspapers
Tuesday good news.
1 posted on 09/27/2011 12:26:44 PM PDT by abb
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To: 04-Bravo; aimhigh; andyandval; Arizona Carolyn; Bahbah; bert; bilhosty; Caipirabob; carmenbmw; ...

ping


2 posted on 09/27/2011 12:27:51 PM 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

But how am I going to get my dog poop bags delivered every day? Plus, they come with free fish-wrap inside!


3 posted on 09/27/2011 12:28:14 PM PDT by PhilosopherStone1000
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To: abb
I despise that term "Dinosaur Media".....we should all know that they're who keep the 'rats in play.

It's plain stupid to underestimate the effect they have throughout this nation.

4 posted on 09/27/2011 12:29:37 PM PDT by ErnBatavia (Obama Voters: Jose Baez wants YOU for his next jury pool.......)
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To: abb

YIPPPPPPPPPPPPPPPPPPPPPEEEEEEEEEEEEEEEEEE!!!!!!!

The end of Pravda West cannot come soon in enough!


5 posted on 09/27/2011 12:29:54 PM PDT by Gen. Burkhalter
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To: abb

Ed Padgett, if I were you, I’d start passing out resumes now-assuming, of course, that there will still be jobs in newspaper printing.


6 posted on 09/27/2011 12:30:09 PM PDT by tanuki (O-voters: wanted Uberman, got Underdog....)
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To: abb

http://www.mediapost.com/publications/?fa=Articles.showArticle&art_aid=159299
Ad Spend: U.S. Slows, But UK Declines

http://www.nytimes.com/2011/09/27/business/media/msnbc-is-close-to-falling-to-third-place-in-cable-news-ratings.html?_r=1
MSNBC Is Close to Falling to Third Place in Cable News Ratings

http://www.marketwatch.com/story/sp-returns-gannett-outlook-to-stable-2011-09-26
Standard & Poor’s Ratings Services lowered its outlook on Gannett Co.’s junk-grade credit rating to stable


7 posted on 09/27/2011 12:30:37 PM 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

They should have invested in a for-profit online diploma mill like the WashPost. lol


8 posted on 09/27/2011 12:31:51 PM PDT by GeronL (The Right to Life came before the Right to Happiness)
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To: abb

the l.a. times is a pos.

my wife subscribes for $8.00 a month, with the soviet union tribune for also $8.00.

while she reads both in the morning, i surf the net and read the wsj.

i get the wsj for $80.00 per year, but i’m thinking of dropping it. since murdoch took over it has declined.


9 posted on 09/27/2011 12:32:46 PM PDT by ken21 (ruling class dem + rino progressives -- destroying america for 150 years.)
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To: abb

Newspapers’ online versions are universally the worst constructed websites around. Too many slow-served ads, poor layouts, junk news on the splash page, same old leftist crap in the hard news. Once their print versions are gone it won’t be too much after that their web presence is kaput as well.


10 posted on 09/27/2011 12:33:28 PM PDT by Paine in the Neck (Where's he getting these ideas? He's not smart enough to be that stupid all by himself.)
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To: Paine in the Neck

I agree. To be specific, I no longer read Jennifer Rubin, because all the overhead on the WashPost’s web page crashes my browser.


11 posted on 09/27/2011 12:37:04 PM PDT by vvpete (Obama is a post turtle.)
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To: Paine in the Neck
Once their print versions are gone it won’t be too much after that their web presence is kaput as well.

They'll be just another blogger like you or I or Jim Rob.

12 posted on 09/27/2011 12:37:07 PM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: PhilosopherStone1000

With no liberal newspaper to keep things moving, there’s going to be a run on Milk of Magnesia.


13 posted on 09/27/2011 12:37:50 PM PDT by July4 (Remember the price paid for your freedom.)
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To: abb

“But the point remains: If the LAT (and, presumably, other papers) don’t figure out a few more revenue streams, the print products are in danger.”

Here’s an idea. Quit printing biased propaganda.


14 posted on 09/27/2011 12:40:37 PM PDT by WKUHilltopper (And yet...we continue to tolerate this crap...)
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To: July4

A lot of the stuff that gets published in papers is usually bypassed since I can come on here adn find out the details, not just the viewpoint of the author and what the paper chooses to release. A lot of former journalists are going to be out of jobs and will be stuck with their own blogs, if they can attract enough readers.


15 posted on 09/27/2011 12:54:48 PM PDT by Niuhuru (The Internet is the digital AIDS; adapting and successfully destroying the MSM host.)
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To: abb

They ought to be rejoycing for the benefits Gaia from all the saved trees and delivery truck diesel fuel.


16 posted on 09/27/2011 12:55:20 PM PDT by Uncledave
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To: WKUHilltopper

I’ve heard that some papers have plans to not publish daily anymore. Some may go to Sunday only publication, since they sell the most papers on Sunday, and people like the coupons and ad flyers.

But I’m a bit shocked to hear that a major big city daily like the LA Times may not publish a print product at all in the near future.

But can’t say I’m sad about the decline of newspapers, since so many are liberal mouth pieces.


17 posted on 09/27/2011 12:56:40 PM PDT by Dilbert San Diego
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To: GeronL

More.

http://paidcontent.org/article/419-about-group-restructures-guide-operatios-15-gone-10-added/
About Group Restructures Guide Operations Team; 15 Gone, 10 Being Added


18 posted on 09/27/2011 12:58:45 PM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: Uncledave

Right there; plus, thess vaunted journalists will find out just how talented they really are when they have to elbow thousands, millions of other online writers out of the way to get noticed.


19 posted on 09/27/2011 12:59:27 PM PDT by Niuhuru (The Internet is the digital AIDS; adapting and successfully destroying the MSM host.)
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To: abb
Tuesday good news.

I'm just rolling on the floor laughing at the thought of that pressman losing his job.

Nobody seems to care about the little people, the apolitical grunt workers, who are hurt in these situations. The policymakers will land on their feet while the ordinary employees face catastrophe.

20 posted on 09/27/2011 1:00:37 PM PDT by Route797
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To: abb

Ahhhhh......the old media......bravely standing on the deck of their burning, sinking boat.....keeping a stiff upper lip as they refuse to turn on the pumps of impartiality to save the boat.....”I’d rather be a drowned Democrat than be right!” squeaked the captain......bon voyage brave little sailor.


21 posted on 09/27/2011 1:03:22 PM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: abb

And online only will have a very short half life.

22 posted on 09/27/2011 1:03:37 PM PDT by RightGeek (FUBO and the donkey you rode in on)
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To: Route797
Nobody seems to care about the little people, the apolitical grunt workers, who are hurt in these situations. The policymakers will land on their feet while the ordinary employees face catastrophe.

That pressman has been there 39 year, likely with a gold-plated union contract feathering his bed. The pressmen's union still holds sway in newspapers.

No sympathy here.

23 posted on 09/27/2011 1:08:34 PM 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

Abb,

The same numbers hold for the NYT.

The papers owned by Zell, the Chicago Tribune group, will be gone in less than that.

None will succeed as internet entities because they can not operate in either a “lean and mean, “non-hierarchical” or “news NOW” mode.

BTW, Television as we know it will be gone in 5-8 years.


24 posted on 09/27/2011 1:09:01 PM PDT by MindBender26 (Forget AMEX. Remember your Glock 27: Never Leave Home Without It!)
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To: MindBender26

Correct. It’s all about the ease of distribution. Giant paper mills, printing presses, hand delivery door-to- door, etc, for newspapers. For TV, satellites, microwave relays, towers and transmitters, studios, etc.

Why spend money on all that when you can distribute video, audio and print to the entire world with the click of a mouse?


25 posted on 09/27/2011 1:14:34 PM 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

I don’t expect many local newspapers to survive the next 5 years as a full sized daily newspaper on actual paper. The wall street journal, the new york slimes, USA today, and maybe 25 more major city newspapers. They rest will end up being mini papers possibly only circulated once weekly or electronic only.


26 posted on 09/27/2011 1:16:45 PM PDT by mamelukesabre
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To: abb
You make a good point about the veteran employees, but what about those in mid-career who aren't eligible to retire?

The older I get, the more sympathy I have for those who have been overtaken by time and chance.

27 posted on 09/27/2011 1:21:38 PM PDT by Route797
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To: WKUHilltopper
Here’s an idea. Quit printing biased propaganda.

When the Austin American-Statesman circulation department calls to sell me an ultra-cheap subscription (about once a week), I always remind them it seems they would rather lose money as a mouthpiece for the democrats than provide unbiased coverage and turn a profit. And that I am happy to help them go broke by remaining a non-subscriber. They still call, not quite as often.

28 posted on 09/27/2011 1:24:54 PM PDT by Cracker Jack (If it weren't for the democrats, republicans would be the worst thing in Washington.)
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To: abb

and the RATS, take another one in the.........HA ha!!!

29 posted on 09/27/2011 2:55:36 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: abb

The daily paper went up from 25 cents to $1.00 in like the last 7 years.
They are tanking.


30 posted on 09/27/2011 3:21:05 PM PDT by A CA Guy ( God Bless America, God bless and keep safe our fighting men and women.)
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To: abb

39 years is about right for a working career. He can retire and be just fine. The other suckers in their early 50’s are in for a long road ahead.


31 posted on 09/28/2011 10:02:54 PM PDT by MovementConservative (Go Mariners! 2012!)
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