New York Times Co. (NYT)
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- Biggest Gainers, Losers Since 9/29 [view article]
- Jim Cramer's 10 Predictions for 2008 [view article]
- Deep Read: 'New York' on the Future of the 'Times' [view article]
- Dividend Yields Soar [view article]
- Hedge Fund Tracking: Harbinger Capital (Philip Falcone) [view article]
- Help Wanted: Newspaper Classified Ad Sales Continue to Slide [view article]
- APT Launches: Now Let's Track the Yahoo Bump [view article]
- Breakingviews in the New York Times [view article]
- The New York Times' Challenge with Non-Local Newspaper Ads [view article]
- Nine Notes on Media Business [view article]
- Can Newspapers Learn Anything from Casinos? [view article]
- Top 4 Newspaper Stocks [view article]
loading ...Recent NYT Articles
- Biggest Gainers, Losers Since 9/29
- Deep Read: 'New York' on the Future of the 'Times'
- Hedge Fund Tracking: Harbinger Capital (Philip Falcone)
- APT Launches: Now Let's Track the Yahoo Bump
- New York Times Reaches Out to Blogs to Enhance MSM Coverage
- Breakingviews in the New York Times
- Not Quite the Whole Truth About Harbinger
- Slate's New SAGA: The Big Money
- Carlos Slim Stakes Faith in New York Times
- Nine Notes on Media Business
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A Silver Lining in the Newspaper Crisis [view article]
I work in the print news media and I agree the problem is content. I edit a 1500-circulation weekly and virtually all the 600 street copies I put out are snapped up by the time I get back a week later. I focus on local news - crime, human features, courts, local sports and meetings.On the national level, the problem is that a lot of news is now appearing on the internet because the clowns in charge have to defer to the agenda-driven money men who are going along with the fantasy-illusions being spun by the Administrations.
I look at the original footage CNN shot at the Pentagon onthe Second Day of Infamy and then I read the official news coverage, and I allege that accounts for the masses increasingly waking up and realizing mass media - print and electronic - are irrelevant and inaccurate.
The Denver Post has spilled tons of ink to detail the plight of poor illegally here aliens who are struggling in their attempts to get free college, free medicine and to maintain a birth rate here that is much higher than back in repressive Mejico. The Post ignores the plight of the legally here native Americans whose jobs were outsourced and now must compete with the wage-busting immigrants that callous, nation deconstructing opportunists have lured in.
The globalist driven agenda that deflates wages - has destroyed the banks, which require ever inflating wages to pay off usury. Now that wage deflation is taking out the midldle class that used to read newspapers. Young 20 somethings struggling in their jungles not only have an aversion to reading, they have an aversion to paying $300 a year for media that stains your hands black and does not have relevant content that can't be found anywhere else cheaper.
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A Silver Lining in the Newspaper Crisis [view article]
As a 26 year newspaper advertising manager....both family owned and publicly traded corporations...The problems usually lie in two areas. Publicly traded companies are primarily motivated by profit margins. Historically, the margins have been 40%. In the more recent past those margins were near 30%. Now, newspapers are hoping for something near 20%. How many businesses out there would call a 20% profit margin BAD? Publicly traded companies put pressure on local publishers to deliver that margin...no matter what they have to do to achieve it. A great many publishers fear their own jobs first, and have NO long term plan or vision at the local level. This means simply "cut", without regard to what those cuts mean in the future....a future that can be as close as the next quarter.
Family owned newspapers tend to take the content and the long term outlook very seriously. Profit margins are just as rich as the others. They tend to cut in a very different way, and usually are hesitant to cut at all.
The second area is advertising. The main reason newspapers are in the state they are now in is due to shortsighted corporate demands of the last 8 years or so. As the internet began to rise, corporations refused to execute more customer friendly pricing, and realize the need for integration of the web. When the opportunity came to capture the revenues from local customers, they priced themselves out of reach for medium to smaller sized local customers. They refused to invest in the web in a meaningful way to bring the power of the web to those same customers.
Consequently, those local customers began to drift to other mediums. Now, when the newspaper needs those locals, they are not available to them. Many newspapers have resorted to selling space at firesale prices to prop up weak days or months. What was a rare "deal" is now so common as to make published rates only a reference point. This is also the fault of local publishers, and corporate directives. Instead of moving toward the local advertiser, the shortsighted greed of the early part of this decade carried forward until the bottom began to fall out in 2006. Most advertising executives were pointing this out as early as 2004. No one took the warnings seriously, and the collapse began in earnest early in 2007. In the last 5 years or so, many publishers come from the accounting or financial disciplines, where they used to be either Newsroom or Advertising professionals. Accountants tend to cut expense to reach the profit target. They do not have the vision, or temperament to take risk. Therefore, they cut to profitability. And they did, and continue to do. Unfortunately, at some point that approach reaches an end. When that end has been reached, that visionless publisher has cut most of the talent that could have kept the long term issues from becoming as severe- possibly avoid it altogether. Now, when they need the very best and brightest talent, that talent has been driven out of the business.
Now, they still refuse to believe that the web will eventually replace them. Unfortunately, they still have no long term vision...and think the recession is the problem. Now that current short sighted view drives even more away from them. If you own stock in publicly traded newspapers...don't expect any significant return to greatness in the near future!
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What the Newspaper Industry Could Learn from GM About Do or Die Innovation [view article]
It's hard to see the Volt being a huge hit. It looks ugly, like a tank trying to be green. The Prius is a hit not just for being greener, but for looking greener. People want to look the part too. If we're gonna change the world, I want it to look different too. ReplyWhat the Newspaper Industry Could Learn from GM About Do or Die Innovation [view article]
The NY Times WAS one of the best newspapers in the world at one time, perhaps. (Ironically, just as GM was the leading manufacturer of automobiles once.) Now, with all due respect to you, I can say as a reader of 50+ years, it's a biased, liberal piece of junk! (Hmm, maybe that's reflected in today's stock price, as well.) ReplyWhat the Newspaper Industry Could Learn from GM About Do or Die Innovation [view article]
Your statement -- that the "competition ... is doing a better job of delivering what the market wants and needs" is absurd since this is an evident reference to Google.It's absurd because Google is an aggregator of news, i.e., it assembles a pastiche of information on a subject using various sources. Among these sources are the New York Times, the Journal, AP, etc., all of which are at least partially print-based.
So you're saying that Google, which relies on newspapers for its sources, is doing a better job than newspapers are doing. While you're thinking over that illogicality, try to provide an example of a news source that is better than the New York Times of providing what "the market" is after. Since the Times is the most comprehensive, serious, imaginative, best-written and edited newspaper in the world, that might prove difficult.
Comparing newspapers to GM, therefore, doesn't quite work, though you're right: newspapers do need to reinvent their revenue model.
By the way, your reference to Turner in the last quote lacks a first reference, so the reader doesn't know who you're referring to. First references are fundamental in journalism.
Maybe you should be able to prove that you could get a job at a good newspaper before you set yourself up as an analyst. Reply
What the Newspaper Industry Could Learn from GM About Do or Die Innovation [view article]
Well, you're sure right about one thing. GM has an equal or better chance at surviving than the Daily Blurb. At least people still need to drive.The Volt, however, is a different question. Its initial cost and reliability are very likely to be less than stellar, not to mention the daunting learning curve to actual consumer acceptance of such a radical automotive technology.
GM's recent decision to bring several successful foreign sold vehicles here is a real home run, however. These cars average some 40 mpg, are affordable and already proven sales winners.
They should keep the General's ship from sinking until we see improvements in subsequent Volt models, especially when our government gets its nose out of the energy choice debate and leaves this vital matter to market forces.
The only rear danger here is if Washington keeps meddling in energy markets. If they continue on their path of poor arbitrary choices, the subsequent economic depression will negate any smart moves by GM or any other players in the automotive industry.
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Pseudonym
A Silver Lining in the Newspaper Crisis [view article]
The reason I don't read print is because there is nothing to read!Content please!
I get far better info for free and it's more up to date.
If you want to save a paper, make it worth more than the 50 cents it costs to buy it...
My local paper is nothing more than an outlet for 60's leftovers to vent their leftist views.
I don't mind listening to all opinions, but hearing the same thing from one side for 20 years is a little tiring. Reply
A Silver Lining in the Newspaper Crisis [view article]
Written like a true "suit". The only thing newspapers have done is shift their resources to advertising. Now more than ever, you have to go through a maze of ads just to find a few lines of actual content. Put a fork in them, they've simply become spammers in print. ReplyInternet Content in Crisis: Are We Becoming Mental Grasshoppers? [view article]
hi michael :) look forward to seeing you at tali's wedding!omer Reply
What Do You Buy When You Buy a Newspaper Company? [view article]
Absolutely right. One must be nutts to think there is any juice left in the news paper business. You show me one person under 25 that actually buys the paper? ReplyDividend Yields Soar [view article]
Mariposa - I know this is delayed, but...1. Read this: online.barrons.com/art... - SSW'a ships are booked solid for the next seveal years, eves the ships that is has yet to take delivery on.
2. Go here and listen to June 16, 2008 webcast and watch the slide presentation: www.seaspancorp.com/in...
3. This really tells the story: www.seaspancorp.com/fl...
Look how many ships are chartered, for how long and that includes even ones that haven not yet been built! Reply
What Do You Buy When You Buy a Newspaper Company? [view article]
Don't sell him short, User 227622. He's speaking based on his vast successes at Advance Newspapers. ReplyWhat Do You Buy When You Buy a Newspaper Company? [view article]
Do you actually get paid to continually bash newspapers? Replynuke
Hezbollah
Which Newspaper Uses the Most Anonymous Sources? [view article]
1. The WSJ reports on far more stories that require anonymity. They don't report in any volume on museum exhibits, new restaurants or the latest novels which don't require this type of source.2. Volume of anonymous sources, which I think that the author seeks to point out as perjorative, does not equal impact. The breaches of national security via anonymous sources in the NYT historically have been outrageous, and you would be hard pressed to cite the WSJ as having used their sources in an illegal way to press an agenda the same way. Reply
Jackson
Why Google Rules the Online Ad Market, and How That Could Change [view article]
Thanks for these comments.BillF -- I thought this point was particularly interesting: "Most of the population is over 40 and use reading glasses. With the larger screens and ability to increase text size, many can get by without."
iThinkBig -- Can you expand on what you meant by this: "The lack of marketing competition whom knows Economics 101 and is willing to use business intelligence to gather all the targeted sites for banner purchases is stunning." Reply