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Monday, December 8, 2008

Paper Fortunes

Posted by Dan Savage on Mon, Dec 8, 2008 at 9:58 AM

drudgescreamingheader.jpg

The Miami Herald is for sale, the Chicago Tribune is going bankrupt, the New York Times has mortgaged and may have to sell its new building, the Rocky Mountain News will close if it can't find a buyer, the PI down to three sections, the Seattle Times cutting sections, dropping features and putting up real estate holdings in South Lake Union to service $91 million debt.

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Comments (19) RSS

Oldest First Unregistered On Registered On Add a comment
1
And the Stranger's been intellectually bankrupt since it first went to press....
Posted by ABS on December 8, 2008 at 10:14 AM
2
Are you trying to tell us something...? Is the The Stranger going tits up?
Posted by a concerned citizen on December 8, 2008 at 10:15 AM
3
The media went bankrupt during the lead up to the invasion of Iraq when they simply parroted the Bush administration's PR.
Posted by kinaidos on December 8, 2008 at 10:17 AM
4
@2: Be realistic. How can a paper that only publishes once a week, is 1/2 to 3/4 full of adult ads, and pays its staffers in dime bags go bankrupt? The largest expense is Savage's in-flight bar bill, and I bet Mahr picks that up.

/Kidding; love you all.
Posted by Banna on December 8, 2008 at 10:19 AM
5
This is all my fault. I've never purchased a newspaper.
Posted by boxofbirds on December 8, 2008 at 10:25 AM
6
I want to say that I can't wait till Drudge has nothing left to post links to and no scoops to exploit because there will be no journalists left besides the ones who know how to do internet searches and control-c + control-v.....but I don't because that is doomsday.

Blogging seems like this really wonderful savior to Democracy but it really needs informed and bankrolled institutions for it to leech off of in order to get hard information.

Posted by Non on December 8, 2008 at 10:29 AM
7
I don't drink on airplanes.
Posted by Dan Savage on December 8, 2008 at 10:36 AM
8
@6. I've wondered that too. What will the bloggers do when the actual journalists are gone? And I don't mean Slog. I mean people who make their livings blogging (i.e., John Aravosis, et al.).
Posted by jade on December 8, 2008 at 10:38 AM
9
Ugh. This makes me depressed.

All right, everyone, let's watch this in unison, unless you're at work, this is NSFW:

http://www.dancefloordale.com/
Posted by Smurfs! on December 8, 2008 at 10:43 AM
10
But where will all the dept store ads go if there's no Sunday/Thanksgiving newspapers to put them in???
waaaaaaaaaaaaaaaaaaaaa...........
Posted by recycled on December 8, 2008 at 10:52 AM
11
No sympathy in the slightest. It's a pity that it's down to gross financial incompetence rather than, say, having Judith Miller and the entire circa-2002 editorial staff shot for treason, but schadenfreude is not an exact science and I'll take what I can get. Good bye and good riddance to the "liberal" (dry laughter) New York Times: hope you enjoy being owned by Rupert Murdoch, you murdering douchebags.
Posted by Doctor Memory on December 8, 2008 at 11:08 AM
12
Maybe if they changed their names to Not Seattle Times, since they cater to a non-Seattle audience, they might not be as irrelevant.

But I doubt it.

No sympathy for the Devil, or the Blethens.
Posted by Will in Seattle on December 8, 2008 at 11:16 AM
13
@2, that was mysoginistic and you should be ashamed.

You have a massive hole in your heart.
Posted by Nancy Alice Gorman on December 8, 2008 at 11:26 AM
14
Fewer left wing news outlets to spread Marxist propaganda?

I'm so sad!

Seriously, the rapid death of newspapers is testament to the power of talk radio. That's where right thinking people get their news!
Posted by Lord Basil on December 8, 2008 at 11:27 AM
15
Oh noes! Now where will we our daily dose of right-wing lies and pro-government propaganda?


Here's a hint for the NYT and Seattle Times: The tongue-flapping, bug-eyed, far-right psychos they've been desperately trying to lure in read the Bible not the news.


Antagonizing the people who actually want to read their papers might not be such a hawt idea. Duh.


Please tell me The Washington Post is next.
Posted by Original Andrew on December 8, 2008 at 11:32 AM
16
Lord Basil @ 14,


If you're referring to the brainless, hot-air sucking fucktards who worship drug-addled, asshole liars like Rush Limbaugh--who hasn't seen his own dick in at least thirty years--then you're right.
Posted by Original Andrew on December 8, 2008 at 11:34 AM
17
Could you see the news papers going to congress to ask for a bailout the way the car companies did? "We should demand they be nice to people and only report happy news as a condition of any bailout"!
Posted by Vince on December 8, 2008 at 1:19 PM
18
Original Andrew for the win @15. And a keen follow up @16 as well.
Posted by Will in Seattle on December 8, 2008 at 2:29 PM
19
The Seattle Times is getting rid of the NY Times crossword puzzle. Now I have 0 reasons to buy the paper since I read most of it online (I rather do the crossword puzzle with a pencil than a keyboard).
Posted by elswinger on December 8, 2008 at 3:06 PM

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