corysub
Posts: 1492
Joined: 1/1/2004 Status: offline
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quote:
ORIGINAL: SilverMark LOL cory, yes it is once again the left wing medias fault that Newspapers all over the country are dying? Has nothing to do with the INTERNET or cable TV news? Has nothing to do with instant news cycles? What a load that is! As a person who spends 8% of his company's revenue on advertising and has bought advertising all over the country I think on that one you are so far off it is absolutely hilarious. As a man who for years subscribed to both daily morning and afternoon papers wherever I have lived I now subscribe to neither. I can turn on my computer and basically read 4 or 5 newspapers a day without spending a dime on a subscription. Face it, the papers are not as effective for business as they once were, direct mail, TV and INTERNET presence have long surpassed print as it once was. Newspapers cannot depend on subscriptions for income and due to a lack of advertising their rates have gone up and the effectiveness has gone down. Talk to anyone who spends money on advertising or anyone who sells advertising. My goodness man, get passed the left wing blame game and look at the real picture! Of couse you are quite correct, print media is generally suffering from competition that was non-existent a decade ago..in some cases a few years ago. Who ever heard of Daily Kos, Politico, et al. My post was in response to Mike's comment about all stocks hitting new lows...and just tried to show that the New York Times business model, like other strongly liberal business models, are not attractive for earnings performance. The stock has gone down steadily for years with underperforming results, layoff's, and not helped with made up stories by "fiction writers disguised as "journalists". Reading the New York Times, my previous hometown paper, is like looking at the Keith Olbermann show... I can take it for two minutes, maybe, since its free...but you know it's all liberal spin. The Grey Lady s dead, and no longer publishes "all the news that's fit to print".. edited to try to correct my lousy spelling and correct a phrase.
< Message edited by corysub -- 10/26/2008 6:43:26 AM >
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