A silver lining finally appears.
Due to the coronavirus and a healthy dose of karma, newspaper advertising is drying up, and these same newspapers are now laying staffers off and slashing salaries while the far-left New York Times’ media columnist screams for a bailout.
Before I get to the karma part, here are the details…
On Monday, we learned the Tampa Bay Times is suspending its print publication from seven to two days a week. That’s not a typo. A newspaper that had been printing every day of the week will now print only on Wednesday and Sunday.
This, however, is not due to a lack of clicks.
“The company reported a surge in traffic to its website … and growth in digital subscriptions over the last few weeks” but “the pandemic sent advertising sales into a plunge. In just the last two weeks, [advertising] cancellations have cost us more than $1 million, and there is no sign of quick recovery on the horizon. We must act now.”
More…
Gannett, one of the largest newspaper companies in the country, publisher of, among others, USA Today, the Des Moines Register, and Arizona Republic, announced a sweeping round of furloughs. A memo from Gannett CEO Paul Bascobert asked employees to immediately make a “collective sacrifice … as soon as this week.”
Poynter points out that this is in direct response to “big advertising declines.”
Finally, Chicago’s Daily Herald is slashing newsroom salaries by 15 percent and salaries at its parent company by 20 percent.
And with this news, all released on Monday (the floundering BuzzFeed cut salaries by up to 25 percent last week), the far-left New York Times published a panicked and ludicrous bailout proposal…
Well, boo fucking hoo for them. I can’t quite see how it could be possible, but Ace is enjoying Enemedia’s pain even more than I am.
Check out this CNN whine of a headline:
Hundreds of journalists are being laid off, right when the public needs them the most
We “need” them?
We DO in fact need journalists. We assuredly do NOT need these pusnutted reprobates. In fact, we NEED to rid ourselves of them, one way or another, once and for all.
Last week, a senior “reporter” decided he would “investigate” and call the mother of a Twitter rando whose opinion he doesn’t like.
Do we “need” him? Is he “essential personnel” in a time of crisis?
As far as I’m concerned, you can all fucking starve to death. I hope you all lose your jobs and you all wind up in the gutter.
Disagree. In my opinion, starving is a WAY less painful death than they deserve. I much prefer they be eaten alive by rabid wolverines, myself.
Full coverage of the frabjous day to be made available for all free of charge, natch, in various formats. With pics and video. Let the handful of real journalists handle it.
- Entries
And, lack of advertising is why the WuFlu is being hyped, 24/7. They are trying to keep/capture an audience, which – they hope – will translate into ad dollars.
Lotsa luck with that. With the discretionary economy fast drying up, the likeliest part that will shrink is the advertising budget – particularly for those items that are discretionary. Pay attention to the ads currently on the TV – they are trending to informercials, government public service announcements, and Medicare ads. There will not be a budget for new shows, even after the casts and production crews are able to come back. Essentially, the Old Media is dead. We’re just waiting for the official obituary.
I agree. But I won’t watch tv “news” anymore. It is propaganda, not news.
I have hope for OANN, but get news from searching the net.
So when does the Washington Compost “Die in Darkness”???
Inquiring minds want to know.