To go by Henry Blodgett's analysis on Silicon Valley Insider, the N.Y. Times is in serious financial trouble. We've all been reading about the dropping ad revenues, newsroom layoffs and whatnot, but this looks bad. "How The N.Y. Times Can Save Itself?" Yeesh. I am, needless to say, very emotionally invested in this newspaper. It's been with me all my life.
Posted by Jeffrey Wells on October 24, 2008 at 3:05 PM
comment #1
TheJERMSguy
says ...
Their front-page hit-piece on Cindy McCain didn't help.
I think the real unravelling started back with Jayson Blair.
Posted by TheJERMSguy
at October 24, 2008 7:56 PM
comment #2
Michael
says ...
Wells, I take no joy that you're upset, but...fuck 'em. They did it to themselves.
Posted by Michael
at October 24, 2008 8:07 PM
comment #3
DeafEars
says ...
I have a friend who works there so I've got my fingers crossed for his sake, but I feel the NYT signed its own death warrant when it published Judith Miller's lies, among other things.
Posted by DeafEars
at October 24, 2008 8:26 PM
comment #4
JHRussell
says ...
About a year ago I read an article quoting the pres/CEO of the NY Times stating that within 5 years the newspaper would be online only - no more newsprint editions.
My guess is that timetable has been greatly reduced by the current economic crisis. The NY Times will survive, but only in electronic form.
Posted by JHRussell
at October 25, 2008 3:02 AM
comment #5
Bubyubb
says ...
They tossed away their readership by tossing away their hardearned reputation for objectivity during this election. I think there will be a lot of publications and even websites which will find what they did to their readership for Obama's sake a bitter pill after the election. For instance, look at the level of engagement with this site a few years ago, the learnedness of the responses as well as their quantity, and then compare it to the few, wan responses Jeff's posts today draw from the last partisan diehards.
http://www.hollywood-elsewhere.com/2006/06/drives_me_nuts.php
Hope it will prove to have been worth it for all of them.
Posted by Bubyubb
at October 25, 2008 2:32 PM
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