Tuesday, April 09, 2019
DOUBLE DOWN!!! ANOTHER DEFAMATION COMPLAINT THREATENS FALTERING KANSAS CITY STAR PARENT COMPANY!!!
Conservatives across the nation continue to target struggling newspaper chains and the Kansas City paper isn't alone in coping with harsh times.
Remember the local birdcage liner is still struggling to negotiate a local defamation case settlement for a Kansas conservative.
And now . . .
Here's more trouble and an even bigger dollar amount confronting the paper chain in the midst of fending off aggressive buying from a hedge fund . . .
NYT: Rep. Devin Nunes Sues McClatchy Newspaper Chain, Alleging ‘Character Assassination’
Fox News: Nunes files $150M lawsuit against McClatchy, alleging conspiracy to derail Clinton, Russia probes
It gets worse . . .
A KICK-ASS TKC READER offer us perceptive on the rapidly declining subscriptions of this dead-tree media biz.
"Between Sept of 2018 and Dec. of 2018, the paper's circulation went down over 7,000. From Dec. 2017 to Dec. 2018 it dropped almost 21,000. They're now at an all-time low of 97,376."
Fourth quarter of 2018
Monday thru Friday average print circ, 64,718.
Saturday average print circ, 59,953.
For comparison . . . here's 4th quarter of 2017
Monday thru Friday average print circ 76,853.
Saturday average print circ 71,210.
And so Kansas City dead-tree media continues to struggle not only declining interest from the public but also right-wing legal push back.
Developing . . .