This blog is mainly about the spectacular train wreck at The Sacramento Bee and its parent company, the McClatchy Company. But I also post about current events, the Iraq and Afghanistan wars, politics, anything else that grabs my attention. Take a look around this blog, hope you enjoy it.
Wednesday, July 15, 2009
Wednesday July 15 -- Got news or an update?
If you have news or an update, leave it in comments. . . .
27 comments:
Anonymous
said...
Here are some comments from an analyst that MW either couldn't find scouring the internet or chose to ignore:
TWST: Are you moving away from print media now more into broadcast or new media?
Mr. Muoio: I like business models that generate free cash flow and that are predictable. We haven't owned print and, in particular, we haven't been an investor in newspaper stocks for quite a while, but nor were we short them. I didn't believe that the newspaper business would deteriorate to the extent it has where even the strongest companies are threatened. But we do follow these companies closely. We have models and quarterly spreadsheets on many newspaper and radio companies. We understand what they are doing strategically. I believe there is hope ultimately as what is happening now is 80% to 90% cyclical. I think everyone forgot how cyclical newspaper advertising can be.
TWST: You wouldn't write them off yet?
Mr. Muoio: No, we wouldn't write them off yet. As a matter of fact, we believe the stronger players - The New York Times, Gannett, even McClatchy - will emerge stronger, leaner and strategically redirected when the ad environment improves.
The Wall Street Transcript is a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs and research analysts. This 55 page special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online .
The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations.
another anonymous post pitching a product as if someone's opinion matters. C yclical my ass, most newspaper companies will run out of cash before the cycle turns. isn't that obvious?
New Bailout: Minority Radio Stations Seek Money (WSJ)
WASHINGTON --A group of minority broadcasters asked Treasury Secretary Timothy Geithner Monday for financial assistance akin to the aid that has been extended to the financial and auto industries.
"Minority-owned broadcasters are close to becoming an extinct species," the letter said. "Even in better economic times, minority broadcasters have historically had difficulties accessing the capital markets."
In California and a handful of other states, one out of every five people who would like to be working full time is not now doing so...
Include them — as the Labor Department does when calculating its broadest measure of the job market — and the rate reached 23.5 percent in Oregon this spring, according to a New York Times analysis of state-by-state data.
It was 21.5 percent in both Michigan and Rhode Island and 20.3 percent in California.
One can only imagine what unemployment numbers will look like when "amnesty" is adopted and all our new "citizens" flood the employment market on top of ever-increasing job losses.
Cap and Trade is, IMHO, like giving voters and citizens a profane gesture while politicians who have personal investments that will "warm" their bank accounts, Al Gore and GE smirk as they enrich themselves phenomenally at taxpayer expense
A liberal pollster says Obooma’s falling poll numbers are press-driven. Yeah right, after ignoring negative stories about the slaker for years, they NOW are looking for the truth; not likely. Too funny. --- -Pollster: Press Is Wrong About Obama's Poll Numbers- US News & World Report by Paul Bedard
Political associates of President Obama are dismissing the recent wave of stories about his dropping poll numbers, claiming that it is a press-driven effort to find a negative story about the White House. "The press is looking for a story on this one," says Cornell Belcher, the Democratic pollster who worked on the Obama presidential campaign.["The press is looking for a negative story,"] he added.
Top Tax Rate Jumps to 50% or More in 39 States if HealthCare Surtax Passes (60% in New York City) Tax Foundation
Our global competitors are laughing their a**es off. How are we supposed to get small businesses to hire and lead us out of recession when they face a more than 50% tax on every last dollar they earn?
Liberals can’ t seem to post without being nasty. Poster 3:43, this blog belongs to MW. He can choose what news he wants to explore or ignore. You tried to slip an ad into the comments, but to act as if MW is somehow derelict for not printing an ad is so lame. Liberals love to be the first poster with this kind of crap.
Anon 3:43 AM writes: “Here are some comments from an analyst that MW either couldn't find scouring the internet or chose to ignore:”
7:45 AM, You are soooo right. The Lame Stream Media couldn’t find a legitimate news story if their life depended on it. Oh wait, their life did depend on it, and they chose Socialism, and a witless fraud king, over honesty and integrity. Buh bye, toothless government watchdogs.
“Four-Out-of-Five Job Seekers Interested in Jobs Within Government”
This is how socialism advances. Bloated government payrolls, too many citizens dependent on the government for their livelihood. They vote for those that would raise taxes to increase their salary. European countries are trying to get out from under socialism that rewards deadbeats and punishes the successful. Obama promised this sort of ‘Change’ and it is about the only promise he is keeping, everyone will be equally poor. Socialism for the USA? The corrupt media journalists that lost their jobs because they tossed out honesty and integrity, will be our new government workers. [Shudder]
Re: “toothless government watchdogs”, the corrupt media have been more like toothless government lapdogs than watchdogs. They don’t even try to be fair as they slide into oblivion. Now the liberals are trying to force the Huffington Post and Politico down own throats as the blogs with REAL news. No thanks, they are both just liberal hacks, nice try, but no cigar.
Portland, ME Newspaper seeks incentive to stay in city Portland Press Herald
The new owner of the Portland Press Herald is asking city officials for financial assistance to help the newspaper remain in the city rather than move to South Portland.
City Manager Joe Gray and Portland's economic development director, Greg Mitchell, met on Thursday with Bob Baldacci, a consultant who is working with the newspaper's owner, MaineToday Media Inc. Mitchell then met on Monday with Rory Connor, son of Publisher Richard Connor, at the site of office space the newspaper could lease in Portland.
Richard Connor said in a telephone interview Tuesday that the company is seeking the same kind of financial incentive the city would give to any company that was considering locating in Portland.
"We would be interested to get some kind of help from the city or incentive to stay here," Connor said.
Take taxpayers money and give to liars. Hell yes, that is the Democrats in action. *** (Portland, ME) Newspaper seeks incentive to stay in city (Dinosaur Media DeathWatch™)
The new owner of the Portland Press Herald is asking city officials for financial assistance to help the newspaper remain in the city rather than move to South Portland.
An egghead liberal is just the one to give advice, he writes, “cost of producing original work that might remain free and be of interest to more than a select few.” He isn’t talking about the corrupt media we have now surely? He must know the current media is the mouthpiece of the Democrats. However, he actually teaches this crap, so he probably cannot see beyond his elitist nose. ==== Shapiro: People will pay for news they deem essential Columbia Journalism Review
"Their subscriptions, in turn, might well help to underwrite the cost of producing original work that might remain free and be of interest to more than a select few," writes Michael Shapiro. "Those subscriptions will not save newspapers. They alone will not pay for the cost of reporting. No one revenue stream will -- not online or print advertising, or alerts on handheld devices, or new electronic readers that display stories handsomely. The hope is that they all will."
How shocking is this statement? ---- Weisberg: Big news orgs have a stake in web-only papers not working Economist.com "Web advertising may well end up supporting big newsrooms if they can escape some of their legacy costs," says Slate's Jacob Weisberg. "The test I'd most like to see is of a well-financed, for-profit, web-only 'newspaper' with no printed version. The problem is that the leading news organizations have a stake in web-only newspapers not working because they will accelerate the decline of the large, if faltering businesses that revolve around print." Via: Poynter Online
My kind of prof here. Not all eggheads are rotten. I am going to add him to my blog reads. *** Obama Comes To Michigan, Tea Party Breaks Out! (With Pics)
How's Obama's track record been with promises, by the way? Is there any campaign promise he hasn't yet broken?
I have been in Michigan this week, and a resident told me unemployment in his county is nearing 25%. These people are fed up, and very vocal. I actually don’t feel all that sorry for the people of MI. They have become a blue state that votes for Democrats no matter how self-serving they are. It appears that the corrupt unions have led the way into a corrupt and failing state government. I did note all the new parks and trails MI brags about, while their young people flee the state for jobs.(The radical environmental agenda has the upper hand in MI.) That’s not exactly spending tax money where it counts just now. One resident told me he is being taxed out of the state for education, and students have no job future.
I dread to think of the stimulus money that will flood into this state. Obviously, they do not know how to run a state government after the years and years of decline at the hands of Democrats. MI has been in a one state resession for years. Giving MI funds will be like pouring tax money down a rat hole,IMO.
If Huffington funds your reporting, are you supposed to come up with a liberal outcome?" Center for Justice
Former Spokesman-Review investigative reporter Karen Dorn Steele raises the question. More from the veteran Spokane journalist: * "I thought I'd be like Morley Safer, that I might work until I was 90 at the Spokesman-Review, but I decided that the [quality of the paper would be so degraded] that it would probably be a good idea to do something else."
Back in January, we told you about The Printed Blog, a venture by serial entrepreneur Josh Karp that sought to flip the online publishing model by delivering blogs in print. The idea was to take the best entries by local bloggers and rush them into print for consumption by busy commuters, whom advertisers would want to reach. “If his idea reaches its full potential, he’ll have hyper-local twice-daily editions in thousands of communities around the US,” we wrote. “Chicago alone could support 50 localized Printed Blogs.” http://www.newspaperdeathwatch.com/
27 comments:
Here are some comments from an analyst that MW either couldn't find scouring the internet or chose to ignore:
TWST: Are you moving away from print media now more into broadcast or new media?
Mr. Muoio: I like business models that generate free cash flow and that are predictable. We haven't owned print and, in particular, we haven't been an investor in newspaper stocks for quite a while, but nor were we short them. I didn't believe that the newspaper business would deteriorate to the extent it has where even the strongest companies are threatened. But we do follow these companies closely. We have models and quarterly spreadsheets on many newspaper and radio companies. We understand what they are doing strategically. I believe there is hope ultimately as what is happening now is 80% to 90% cyclical. I think everyone forgot how cyclical newspaper advertising can be.
TWST: You wouldn't write them off yet?
Mr. Muoio: No, we wouldn't write them off yet. As a matter of fact, we believe the stronger players - The New York Times, Gannett, even McClatchy - will emerge stronger, leaner and strategically redirected when the ad environment improves.
The Wall Street Transcript is a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs and research analysts. This 55 page special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online .
The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations.
another anonymous post pitching a product as if someone's opinion matters. C yclical my ass, most newspaper companies will run out of cash before the cycle turns. isn't that obvious?
"Blue Horse Shoe LOVES MNI at .42 cents a share!
"Bet the farm"
New Bailout: Minority Radio Stations Seek Money (WSJ)
WASHINGTON --A group of minority broadcasters asked Treasury Secretary Timothy Geithner Monday for financial assistance akin to the aid that has been extended to the financial and auto industries.
"Minority-owned broadcasters are close to becoming an extinct species," the letter said. "Even in better economic times, minority broadcasters have historically had difficulties accessing the capital markets."
The first post should be eliminated. This is a bunch of people going nowhere hoping to hawk their product and get google listings via blogs.
This is an advertisement. Not News or Analysis.
Part-Time Workers Mask Unemployment Woes NYTimes
In California and a handful of other states, one out of every five people who would like to be working full time is not now doing so...
Include them — as the Labor Department does when calculating its broadest measure of the job market — and the rate reached 23.5 percent in Oregon this spring, according to a New York Times analysis of state-by-state data.
It was 21.5 percent in both Michigan and Rhode Island and 20.3 percent in California.
One can only imagine what unemployment numbers will look like when "amnesty" is adopted and all our new "citizens" flood the employment market on top of ever-increasing job losses.
Cap and Trade is, IMHO, like giving voters and citizens a profane gesture while politicians who have personal investments that will "warm" their bank accounts, Al Gore and GE smirk as they enrich themselves phenomenally at taxpayer expense
A liberal pollster says Obooma’s falling poll numbers are press-driven. Yeah right, after ignoring negative stories about the slaker for years, they NOW are looking for the truth; not likely. Too funny.
---
-Pollster: Press Is Wrong About
Obama's Poll Numbers-
US News & World Report
by Paul Bedard
Political associates of President Obama are dismissing the recent wave of stories about his dropping poll numbers, claiming that it is a press-driven effort to find a negative story about the White House. "The press is looking for a story on this one," says Cornell Belcher, the Democratic pollster who worked on the Obama presidential campaign.["The press is looking for a negative story,"] he added.
OF COURSE MNI WILDLY APPROVES
Top Tax Rate Jumps to 50% or More in 39 States if HealthCare Surtax Passes (60% in New York City)
Tax Foundation
Our global competitors are laughing their a**es off. How are we supposed to get small businesses to hire and lead us out of recession when they face a more than 50% tax on every last dollar they earn?
I agree with poster 6:10 AM, the 3:43 AM post is an advertisement for The Wall Street Transcript.
Liberals can’ t seem to post without being nasty. Poster 3:43, this blog belongs to MW. He can choose what news he wants to explore or ignore. You tried to slip an ad into the comments, but to act as if MW is somehow derelict for not printing an ad is so lame. Liberals love to be the first poster with this kind of crap.
Anon 3:43 AM writes: “Here are some comments from an analyst that MW either couldn't find scouring the internet or chose to ignore:”
You tried to slip an ad into the comments, but to act as if MW is somehow derelict for not printing an ad is so lame.
They've been slipping ads into their news at their papers so long they can't tell the difference. To them, ads are news.
7:45 AM, You are soooo right. The Lame Stream Media couldn’t find a legitimate news story if their life depended on it. Oh wait, their life did depend on it, and they chose Socialism, and a witless fraud king, over honesty and integrity.
Buh bye, toothless government watchdogs.
Gannett CFO: Ad trends stabilizing at newspapers
“Four-Out-of-Five Job Seekers Interested in Jobs Within Government”
This is how socialism advances. Bloated government payrolls, too many citizens dependent on the government for their livelihood. They vote for those that would raise taxes to increase their salary. European countries are trying to get out from under socialism that rewards deadbeats and punishes the successful. Obama promised this sort of ‘Change’ and it is about the only promise he is keeping, everyone will be equally poor. Socialism for the USA? The corrupt media journalists that lost their jobs because they tossed out honesty and integrity, will be our new government workers. [Shudder]
The stock is up today... what's going on?
Short seller covering.
Re: “toothless government watchdogs”, the corrupt media have been more like toothless government lapdogs than watchdogs. They don’t even try to be fair as they slide into oblivion. Now the liberals are trying to force the Huffington Post and Politico down own throats as the blogs with REAL news. No thanks, they are both just liberal hacks, nice try, but no cigar.
POOR METH BEGGING WHORES WITH BLOODY PUSSY KNEES.
Portland, ME Newspaper seeks incentive to stay in city Portland Press Herald
The new owner of the Portland Press Herald is asking city officials for financial assistance to help the newspaper remain in the city rather than move to South Portland.
City Manager Joe Gray and Portland's economic development director, Greg Mitchell, met on Thursday with Bob Baldacci, a consultant who is working with the newspaper's owner, MaineToday Media Inc. Mitchell then met on Monday with Rory Connor, son of Publisher Richard Connor, at the site of office space the newspaper could lease in Portland.
Richard Connor said in a telephone interview Tuesday that the company is seeking the same kind of financial incentive the city would give to any company that was considering locating in Portland.
"We would be interested to get some kind of help from the city or incentive to stay here," Connor said.
Take taxpayers money and give to liars. Hell yes, that is the Democrats in action.
***
(Portland, ME) Newspaper seeks incentive to stay in city
(Dinosaur Media DeathWatch™)
The new owner of the Portland Press Herald is asking city officials for financial assistance to help the newspaper remain in the city rather than move to South Portland.
An egghead liberal is just the one to give advice, he writes, “cost of producing original work that might remain free and be of interest to more than a select few.” He isn’t talking about the corrupt media we have now surely? He must know the current media is the mouthpiece of the Democrats. However, he actually teaches this crap, so he probably cannot see beyond his elitist nose.
====
Shapiro: People will pay for news they deem essential
Columbia Journalism Review
"Their subscriptions, in turn, might well help to underwrite the cost of producing original work that might remain free and be of interest to more than a select few," writes Michael Shapiro. "Those subscriptions will not save newspapers. They alone will not pay for the cost of reporting. No one revenue stream will -- not online or print advertising, or alerts on handheld devices, or new electronic readers that display stories handsomely. The hope is that they all will."
How shocking is this statement?
----
Weisberg: Big news orgs have a stake in web-only papers not working
Economist.com
"Web advertising may well end up supporting big newsrooms if they can escape some of their legacy costs," says Slate's Jacob Weisberg. "The test I'd most like to see is of a well-financed, for-profit, web-only 'newspaper' with no printed version. The problem is that the leading news organizations have a stake in web-only newspapers not working because they will accelerate the decline of the large, if faltering businesses that revolve around print."
Via: Poynter Online
My kind of prof here. Not all eggheads are rotten. I am going to add him to my blog reads.
***
Obama Comes To Michigan, Tea Party Breaks Out! (With Pics)
How's Obama's track record been with promises, by the way? Is there any campaign promise he hasn't yet broken?
http://theblogprof.blogspot.com/2009/07/obama-comes-to-michigan-tea-party.html
I have been in Michigan this week, and a resident told me unemployment in his county is nearing 25%. These people are fed up, and very vocal. I actually don’t feel all that sorry for the people of MI. They have become a blue state that votes for Democrats no matter how self-serving they are. It appears that the corrupt unions have led the way into a corrupt and failing state government. I did note all the new parks and trails MI brags about, while their young people flee the state for jobs.(The radical environmental agenda has the upper hand in MI.) That’s not exactly spending tax money where it counts just now. One resident told me he is being taxed out of the state for education, and students have no job future.
I dread to think of the stimulus money that will flood into this state. Obviously, they do not know how to run a state government after the years and years of decline at the hands of Democrats. MI has been in a one state resession for years. Giving MI funds will be like pouring tax money down a rat hole,IMO.
If Huffington funds your reporting, are you supposed to come up with a liberal outcome?"
Center for Justice
Former Spokesman-Review investigative reporter Karen Dorn Steele raises the question. More from the veteran Spokane journalist:
* "I thought I'd be like Morley Safer, that I might work until I was 90 at the Spokesman-Review, but I decided that the [quality of the paper would be so degraded] that it would probably be a good idea to do something else."
R.I.P. The Printed Blog
By paulgillin
Back in January, we told you about The Printed Blog, a venture by serial entrepreneur Josh Karp that sought to flip the online publishing model by delivering blogs in print. The idea was to take the best entries by local bloggers and rush them into print for consumption by busy commuters, whom advertisers would want to reach. “If his idea reaches its full potential, he’ll have hyper-local twice-daily editions in thousands of communities around the US,” we wrote. “Chicago alone could support 50 localized Printed Blogs.”
http://www.newspaperdeathwatch.com/
Nobody with real intelligence believes anything written in the HuffPo, heard on NPR or watched on PBS and MSNBC. They're all total lefty propaganda.
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