Pending approval, The Star has been sold. Here's the most important passage in the story:
Over the last decade, newspapers have witnessed an erosion in circulation and advertising revenue as readers look elsewhere for news and entertainment and advertisers embraced the Internet and other news platforms.While the article is full of great news about profit margins and profitability . . . It's clear that producing this town's daily fish wrap isn't a good business. Seems like Knight Ridder did the right thing. In the end it wasn't a surprise. Dumping an old, bloated and cranky financial drain is the reason behind most divorces and a great excuse to get out of the
Maybe the new owner will clean house. Dispose of dead wood, get rid of cobwebs that clutter some of the editorial brains, Hopefully some remedial classes for the news people who can't remember to report who what when and why if there is an opposing opinion. Bring back Zippy to Sunday funnies and cut the glut from the special edition sports stuff that is off the wire, not impersonal local interviews.
ReplyDeleteOr they could just shut the doors early and avoid the tears as the fail.
if the close it i'm heading down there with a bunch of rocks to throw at that fugly glass building.
ReplyDeleteThey're not going to close it, stupid.
ReplyDelete