Tuesday, March 24, 2009

What about selling the News & Observer?

If and when the News & Observer is put on the market, it will be done by the banks, not by McClatchy. Gearino explains here.
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11 comments:

Anonymous said...

Gearino is engaging in wishful thinking maybe, but he was one columnist that was worth reading. The present N & O is lame, and it got that way in a hurry, it seems to me. I don’t see a sustainable profit as the MNI patient weakens on a diet of liberal gruel and swamp water. Kicking the best out the door seems to be the stupid business model of the day, and that’s no way to run a circus.

Anonymous said...

Yeah, and what's lamer about it? It's off a little. mainly because the number of pages is down, but quality of the paper is still high. If you're in North Carolina, you're lucky to have it.

Anonymous said...

anon 4:29am
Stop the Kool-Aid (if you're in North Carolina you're lucky to have it). You have obviously never been to a city with a real newspaper. Unless all you want to know about is the ACC, then you can forget about any real news being reported accurately and quickly.

Anonymous said...

anon 4:29, what yardsticks are you using?
Trot them out, don't just dash off an unsupportable judgement that most educated folks in Raleigh would laugh at.
I've looked, and looked closely, at papers all over the country and all over the world. In one set of industry ratings for quality, the N&O was about 16th out of the hundreds of newspapers in the nation, which is still about right.
If you don't agree with the editorial pages, fine, but that's got nothing to do with whether the paper does a good job with news.
Kool-Aide? IYou're the one living in a fantasy world where the "facts" are supplied by the Locke Foundation.

Anonymous said...

Linda William is the most abrasive, ignorant newspaper person I have ever had the displeasure to encounter. I don’t waste any time on her garbage, or that of Barry Saunders. However, I display her photo on my front door, and I haven’t had a break-in since. I think she may even scare away solicitors, rats, and vampires.

Anonymous said...

Hahaha. Cool beans.
Is it just a coincidence that, out of 150 or so newsroom employees, the only two you have issues with happen to both be black?
Man, if the world had passed me by like it did you, I'd be all bitter too, and and hang out in places like this where you can pretend that you count.

And no, this ain't Linda. I'm pretty sure she doesnt waste her time on this site, and I myself am about done with it, will be once this round of layoffs is settled. Some useful info to be had from the folks scattered among the various papers, but the opinions are just a hoot, weak-minded stuff.

Anonymous said...

oh yeah,
and I have to add that Gearino, despite his weird fixation/biases against Linda, Barry and whoever, is as usual on the mark with the business analysis. The main thing to keep in mind is that point about N&O contribution to cash flow. mcclathy badly needs to pay down that debt and the N&O is one of the largest streams they have of cash to do that. They arent about to sell the thing that's keeping them from bankruptcy.
If it gets bought, it would happen after that effort to stay out of bankruptcy fails.

Anonymous said...

Baghdad Bob reports:
“the N&O was about 16th out of the hundreds of newspapers”
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That statement has less credibility than the phony journalism awards passed around the liars' club.
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Excerpt from the Annual J-Boast Program Minutes:
“Today we award the coveted Phewlitzer Prize, drum roll please,
Aaaaand…the winner is Howard Weaver, for his years of service as the “authentic” voice of pack journalism.
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No, man, Howie is out of ‘the business’, he hands these things out to worthy liberals. Just like the Weave, I am getting “F**king tired of explaining these things to you. You have to think of a currently employed person, and be quick about it. These scribblers are be fired left and left.

Anonymous said...

Indoctrinated One says, “If you're in North Carolina, you're lucky to have it.” [the N&O]
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Dude,
-.-- --- ..- .----. .-. . ..- .--. ... .... .. - ... -.-. .-. . . -.-

Online Morse code conversion
http://www.onlineconversion.com/morse_code.htm

Anonymous said...

The race baiter says,
“Is it just a coincidence that, out of 150 or so newsroom employees, the only two you have issues with happen to both be black?”
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Playing the race card is so typical, like being black ought to give an affirmative action boost from birth to death, without regard to talent. On, wait, not requiring qualification credentials, or asking questions, is the law of the land now, for blacks, or half-blacks, or quarter-blacks. I wonder if a white person with a real good tan could get in on the action?

Anonymous said...

Yes, it's very hard to be white now. There are so few white people at The N&O with any power at all.