New York Times Co., Which Wants Concessions, Threatens to Shut Down Boston Globe – washingtonpost.com — So the Boston paper is losing a million a week as is the SF paper. How does a newspaper lose this much money every week? I’d love to see some spreadsheets on this.
In a striking example of corporate hardball, the New York Times Co. has threatened to shut down one of its journalistic jewels, the Boston Globe, unless the New England paper’s unions agree to sweeping concessions.
The Globe quoted union officials last night as saying that Times and Globe executives made the demands in a 90-minute meeting with union officials. The unions were asked to quickly agree to $20 million in cost-cutting moves to avoid the potential shutdown.
The executives told the union leaders that the Boston paper will lose $85 million this year without serious cutbacks, the Globe report said. An employee briefed on the discussions was quoted as saying the Globe lost $50 million last year.
The good news wasn’t mentioned…the NYT paid 1.1 billion for the globe in 1993…
As we can get the talking points and DNC spin of the news, as well as Obama and Michel’s lastest fashions from the Tabloids…the loss of the Globe to the public is ZERO.
Let’s hope the LA Times is next…then they might auction off that video of Obama applauding a mock beheading of American and British and Israeli citizens:
October 31, 2008
EXCLUSIVE: Dance Troupe @ Obama-Khalidi Dinner (of Secreted Tape Fame) Simulated Beheadings in Recent Past
By Debbie Schlussel
http://debbieschlussel.com/archives/2008/10/exclusive_dance.html
I’ll help smash the presses to be used a scrap!
Cursor_
Notice how industry after afflicted industry on the brink of the disaster is falling down because of the Unions involved…
How does a newspaper lose this much money every week? I’d love to see some spreadsheets on this.
You and me both. Just how much does that copy boy make a month? Maybe it’s “executive bonuses” averaged out over a year. Sure seems like a lot, doesn’t it?
This is good news. Finally, the tool news industry is failing. Who the hell needs them? Since Americans are so f-ing stupid anyway, there is no reason to try to salvage the population. All they want is idiot millionaires chasing balls around an arena, idiot fools pretending to be singers, or idiot millionaires dancing with floozies. Get ready, people. Things are going to get more and more interesting. Too bad about that nasty “Homeland Security”. Things will get ugly fast.
Ah, yellow journalism hitting the skids. Hope NY Times & LA Times are next…
#2, Alphie, the Quaalude Queen,
Jesus H. Christ Alphie, you really are effen nuts. This was shown to be bogus a long time ago.
We are still waiting for you to post that verification of Obama selling drugs. You remember, truth and all that shit. You wouldn’t lie to us about something like this. Would you?
Hey Alfred, stop and ask yourself,
How come every time Debbie Schlussel goes to a mosque undercover, a hatefest breaks out?
So how much are these union contracts?
This is hypocrisy from the Times, which always takes the side of unions and loves bashing business greed. Just three months ago
The argument against unions — that they unduly burden employers with unreasonable demands — is one that corporate America makes in good times and bad, so the recession by itself is not an excuse to avoid pushing the [card-check] bill next year. The real issue is whether enhanced unionizing would worsen the recession, and there is no evidence that it would.
There is a strong argument that the slack labor market of a recession actually makes unions all the more important. Without a united front, workers will have even less bargaining power in the recession than they had during the growth years of this decade, when they largely failed to get raises even as productivity and profits soared. If pay continues to lag, it will only prolong the downturn by inhibiting spending.
350,000 daily circulation plus 500,000 on Sunday
at 50c and $1 means 1.5 mil a week.
To lose 1 mil a week means they are spending $130 million a year+advertising, lets say another $100 million. They are asking for $20 million in cuts. If that’s a per year figure, then that would make union salaries the #1 cost.
# 8 Mr. Fusion said, on April 5th, 2009 at 5:25 pm
#2, Alphie, the Quaalude Queen,
Jesus H. Christ Alphie, you really are effen nuts. This was shown to be bogus a long time ago.
We are still waiting for you to post that verification of Obama selling drugs. You remember, truth and all that shit. You wouldn’t lie to us about something like this. Would you?
Obama is married…to a person of the opposite sex…which seems to preclude your dreams of walking along the sea shore…hand in hand…
U R proof hope springs eternal…its not likely Obama will see your passionate defense…its likely, in vain…nothing sadder than unrequited love…
We were talking about the liberal rag “the Globe”, how we can get the DNC spin on the news, and the latest Obama sightings, from other sources…rendering it redundant…
Now that so much of the media is like you, slobbering for Obama’s love, the Globe can rest in peace, confident nothing serving Obama’s agenda will fail to become known to his admirers.
Mostly because they don’t carry your column…real journalism – a dying art.
BTW – HAPPY BIRTHDAY!!!!!!!
Good news. If the NYT itself could fold next, American news may begin to stand straight once again without the pronounced Peyronie-like lean to the left it now has.
# 9 MikeN said, on April 5th, 2009 at 5:53 pm
Hey Alfred, stop and ask yourself,
How come every time Debbie Schlussel goes to a mosque undercover, a hatefest breaks out?
Clarify, what hatefest?
She did what our traditional media once accomplished in the past, investigative journalism.
Its downright amazing how arrogant the newspapers became
They came to believe that the purpose of newspaper was not to report for subscribers and readers but rather to charge exorbitant prices for ads to car dealers ,electronic stores and the like
It turned out that they were not the only game in town for either the news or car ads