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Comments on: The Newspapers Are Dying https://whynow.dumka.us/2009/03/04/the-newspapers-are-dying/ On-line Opinion Magazine...OK, it's a blog Tue, 10 Mar 2009 07:34:48 +0000 hourly 1 https://wordpress.org/?v=6.4.3 By: 5 Stories to Read https://whynow.dumka.us/2009/03/04/the-newspapers-are-dying/comment-page-1/#comment-43445 Tue, 10 Mar 2009 07:34:48 +0000 http://whynow.dumka.us/?p=7948#comment-43445 […] Why Now? – The Newspapers Are Dying: “I know it all supposed to be the fault of the Internet, but I don’t see that as even in […]

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By: Bryan https://whynow.dumka.us/2009/03/04/the-newspapers-are-dying/comment-page-1/#comment-43341 Fri, 06 Mar 2009 03:25:43 +0000 http://whynow.dumka.us/?p=7948#comment-43341 My Mother pays about $15/year for the monthly newsletter from her tiny home town in New York to keep up with old friends, so it isn’t a matter of people not willing to pay. if they are going to cut costs, cut the AP feeds and stick with what no one else provides – local news.

Face it, people depend on television for national and international news, but media consolidation has all but eliminated local radio news, and the same thing is going on with the local TV news.

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By: Moi https://whynow.dumka.us/2009/03/04/the-newspapers-are-dying/comment-page-1/#comment-43340 Fri, 06 Mar 2009 03:12:37 +0000 http://whynow.dumka.us/?p=7948#comment-43340 Our local paper, a weekly, caved in January.

The next closest local paper, which is actually a pretty large daily, is still going. But they have a problem in Subscriptions – their latest tactic is dumping papers on your porch for a week, then sending you a bill….. when you never asked for them. I had cancelled that paper a couple of years ago, because their delivery person kept ruining my flowers. Even after I complained for the better part of a year, the idiot never threw them on the porch even once. And it’s right next to the road…. So it had nothing to do with the paper itself, or even with getting my news online.

I wonder, though, about the Lancaster paper. That area is not as much in the 21st century as cities like Philly, and the paper is a major connection for the community. There aren’t too many Amish with the internets. It seems to be doing well….considering….

Moi´s last blog post..No Global Warming, My Arse

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By: Bryan https://whynow.dumka.us/2009/03/04/the-newspapers-are-dying/comment-page-1/#comment-43325 Thu, 05 Mar 2009 06:01:27 +0000 http://whynow.dumka.us/?p=7948#comment-43325 It’s a standard ploy, to take control with a leveraged buyout and them make a killing by selling off components. The problem is that the days of cheap credit are gone, and the bonds are too expensive for leveraging.

Most of the papers in deep trouble now once had cash reserves, but everything was looted in the buyout, including the pension funds.

The money is no longer available and bankruptcy is about the only thing left for most of the “geniuses”.

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By: LadyMin https://whynow.dumka.us/2009/03/04/the-newspapers-are-dying/comment-page-1/#comment-43321 Thu, 05 Mar 2009 05:38:46 +0000 http://whynow.dumka.us/?p=7948#comment-43321 We have the perfect example of a newpaper with too much debt here in Chicago. Sam Zell took the Tribune private in a highly leveraged buyout. Problem is, he’s not generating enough cash flow to cover the interest payments.

The paper is now half the size it was last year and has been hemorrhaging staff in an effort to cut costs. They even eliminated the local news section (dumb, I know) and received so many complaints they had to put it back (ok, smart move).

Last I read they had hired bankruptcy lawyers “just in case”. They better sell the Cubs baseball team quickly.

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By: Bryan https://whynow.dumka.us/2009/03/04/the-newspapers-are-dying/comment-page-1/#comment-43317 Thu, 05 Mar 2009 05:27:40 +0000 http://whynow.dumka.us/?p=7948#comment-43317 Actually, California papers have a long history of being owned by “weathly whackadoodles”, but, yes, I know about Wendy. Too bad Peter Pan isn’t available. 😉

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By: cookie jill https://whynow.dumka.us/2009/03/04/the-newspapers-are-dying/comment-page-1/#comment-43313 Thu, 05 Mar 2009 05:13:23 +0000 http://whynow.dumka.us/?p=7948#comment-43313 Don’t get me started on “local” papers. We have the big problem of weathly whackadoodle wanting a paper for her collection of things…and then promptly broke it…and the trust of the community. The News-Press used to be good. It even won a Pulitizer…but now…we have photos of fuzzy animals on the front cover because Wendy wants to show happy cute things.

You are right…it is the debt that is drowning these papers but you don’t hear that from the corporate media.

cookie jill´s last blog post..skippy’s wednesday nite music club

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