NEWSPAPER DEATH WATCH: KANSAS CITY STAR PARENT COMPANY McCLATCHY SUFFERS STOCK SETBACKS DESPITE DIGITAL HOPE FOR THE FUTURE!!!
For tonight, a quick look at the headlines impacting the print media fate of a company that no longer dictates the local discourse.
A denizen of our reader community observes:
"McClatchy is at the mercy of Chatham Asset Management. When Chatham doesn't step in to buy shares, MNI falls."
Nevertheless, there remains the desperate hope for a turnaround via a new acquisition and a focus on Internets robot reporting.
Read more . . .
Poynter: As Wall Street sours on McClatchy, a longtime lender is now also buying up its stock
Neiman Lab: Newsonomics: Could a McClatchy-Tronc merger help local newspapers transition to digital?
PRd: PR pros outnumber journalists by a 6-to-1 ratio
Developing . . .
Actually, I think Kansas City would be a lot better off without a newspaper. So far they only seem to be pushing the agenda of Sly James or the next crook who comes into power. One less pr outlet would do KC an immense amount of good.
ReplyDeleteThe hell you say! Nobody can live without a Dave Helling column or the latest kiss up piece from Steve Kraske. Those guys rock! All of the young people pass their social media messages around and around. Not just the five or six people at the office paid to do so!
DeleteCan they just make the newspaper on the mobile phone? That would be real nice!
ReplyDeleteRouting for the demise of your local paper?
ReplyDeleteStupid.
^^^^^^^^^^ +100
ReplyDeleteWe need more media sources not less. Look at the TKC links, it's all just PR now, we need better discussion of the government, if you don't like the star, compete with them don't throw out all media or just love the corporate junk. Really think the people of KC should get together and invest in the paper to make sure that it's always around and not subject to this hedge fund nonsense!
we need a weekly newspaper with local news only, like other small towns.
ReplyDeleteDavey, based on their voting record, I see no need for the people of KC to get together and create a paper. Voted for train, airport, GO funds earnings tax 20 year extension, combat funding, Sly James, city council members ad nauseam.
ReplyDeleteLooks to me like they already have a newspaper supporting their ignorance.
10:48 "Routing" ?? Who's stupid?
ReplyDeleteThe Star will be a 3-4 day paper by 7-1-19
ReplyDeleteYep, 12:37, more moms and grammas would buy the paper to fill those scrapbooks for the kiddies. Local news along with schools' honor rolls and events, youth sports schedules and scores, scouts' and clubs' happenings covered, along with plenty of photos to accompany the text (old school meaning).
ReplyDeleteTKC is the real news. The star is just a peasant of city gal. Doesn’t anyone else notice how that the star and local news are servants for City hall and never dare bring up actual issues? It’s a fucking joke. There is real news going on and the star will never report it.
ReplyDeleteSecrets that could save the star that they don’t want you to know:
ReplyDelete1. Hire more diversity to op-Ed board. Members needed: Flat earth society members- left handed people, people with more than 4 dogs, etc
2. More customer service people who speak English as a 5th language. This will help confuse more old people to sign up for 30 year extensions @ $400 a year.
3. When you miss a paper... make the phone labyrinth to call in a 45 minute ordeal
4. Use disappearing ink that works after noon the next day- see if anyone notices
5. Accept CRedit cards at vending machines. No one will use them but it will give the appearance they care
6. Print the same thing for a week in a row... save money and see if anyone notices
7. Let outsourcing help write articles... preschoolers would be fun to read:
Run Chiefs run! See Pat Pass! Chiefs win win!
"The 30 newspapers — including the Miami Herald, The Kansas City Star and The News & Observer of Raleigh — are profitable and in no danger of going out of business."
ReplyDeleteWell so much for another plate of half-baked theories from that half-asked chef Tony Botello.
I'm pretty much 100 percent certain the KC Star is not profitable. They've literally laid off 95 percent of their staff and moved the remaining people too dumb to quit into a tiny little basement under a printing press.
ReplyDeleteThe KC Star actually suffered when it disabled comments from anonymous. This brings up engagement a lot. Sure there's some animosity in there but at least people are engaging the stories and paying attention. The Star is playing with house money so they should just go ahead and do it again. Anyway, there's my free tip for you, mcclatchy
Without the Star, TKC will be flooded with more pants-shitting geezers. We need it to stay open so we we don't get the rest of those fucktards stumbling over here. The ones we have already ruin this blog with their incessant talk of "the coloreds", Hoopz, Slie, killa shitty, their homosexual longing, and general shitiness as human beings.
ReplyDeleteThe newspapers can be both profitable (although I wonder about that) AND about to go out of business. It depends how much of that profit McClatchy skims off the top to try to keep itself alive and its family shareholders in the chips.
ReplyDeleteI would miss the sports page, and a few of the comics (many of them have become as politically biased as the editorial section). The front page section is mostly imported garbage from the NYT, the WaPo and the AP, and even the stories that are home grown are spun from first paragraph to last. Reading the Star must be a lot like what the Soviet Russians experienced when they read Pravda or Izvestia.
8:26 for someone who so hates this blog your dick must get hard everytime Tony posts a new story so you can run in here and sling out your hate and dislike.
ReplyDeleteIf it disgusts you so bad how about you just stay the hell away from reading any of it.