Posts tagged ‘Death of Newspapers’

And another one down….

Media General Inc. will take a loss in the first quarter as it looks to sell four television affiliates.

The corporate parent of The Tampa Tribune and WFLA-Channel 8 reported a net loss of $20.3 million, or 91 cents per share, compared to a $6.5 million, or 27 cent per share, loss experienced the quarter before. Revenue was down 10.9 percent from $218.3 million in the first quarter of 2006 to $194.5 million this quarter.

Another one bites the dust….

Looks like the Toronto Star is the newest enemedia outlet to be falling down. Everyone got their violins ready?

Put on a happy face

The Slimes has figured out what’s going on.  It’s not the death of the old dinosnore media.  They are “embracing the changes being thrust upon them.”  They may be trying to make lemons from lemonade, but the fact remains that the staff at newspapers and other news organizations are shrinking daily.  The St. Louis Post-Disgrace let 60 people retire in September of 2007 without hiring new people to take their vacated positions and has just announced that another 31 people are being laid off.

“Although the Post-Dispatch is performing relatively well, especially compared with other metropolitan newspapers, we believe it is prudent to dial back our expenses modestly,” Kevin Mowbray, publisher of the Post-Dispatch, said in a statement.

So th SLPD is doing well compared to the others?  No wonder the Helen Thomases get their panties in a twist over the PajamasMedia.  They really ARE losing their jobs.  Of course, on their way out, the Slimes had to get in a parting shot…

In another unexpected finding, citizen-created Web sites and blogs are actually far less welcoming to outside commentary than the so-called mainstream media, the report said.

Yeah.  It’s ’cause you’re full of beans and we don’t let you get away with spouting your lies and biases without proof to back it up.  We’re unwelcoming?  Bite me.

More bad news for the enemedia

Yahoo reports that Gannett’s operating revenue falls.

Total newspaper advertising sales fell 9.2 percent to $371.4 million. Classified ad sales slid 16.1 percent, with real estate down 25.3 percent and employment revenue off 19.1 percent. National ad revenue climbed 5.9 percent to $62.5 million.

Broadcasting revenue slipped 6 percent to $57.2 million. Television revenue slid 5.9 percent for the month on declines in local and national revenue. The company said increased political advertising was offset by weaker economic conditions and the absence of Super Bowl-related ad demand for CBS affiliates. The Super Bowl aired on Fox this year.

Nah. Your anti-American agenda has nothing to do with it.


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