"Boston ponders future of Globe; Some hope local buyer emerges, but deal would be tough" by Keith O'Brien, Globe Staff | April 8, 2009
With The New York Times Co. threatening to close The Boston Globe if the Globe's unions don't accept $20 million in concessions, the fate of the paper has become a conversation starter - and stopper - among those near the nexus of power and money in this town. Who, the question goes, might be lining up to buy the newspaper and possibly stave off a shutdown?
First of all, the CONVERSATION has STOPPED here, you lying sacks of s***!!!!
And YOU SEE WHOM the Globe WORKS FOR, 'eh?
That explains the ENDLESS ELITIST INSULTS the Globe spews day after day.
And I'VE DOCUMENTED them for OVER SIX MONTHS! That's LONG ENOUGH!!!!
Goodbye, Globe!!!
"A lot of people ask me whether I'm going to figure out a way to buy it," said Ben Taylor, former publisher of the Globe. But Taylor, like others thought to be considering the Globe's future these days, just shakes his head.
Speculation runs rampant, and down predictable paths: to members of the extended Taylor family or others connected to their era of Globe ownership; to some who voiced interest in the past, such as former Boston advertising maven Jack Connors, who says he's not currently involved in any discussions about purchasing the Globe. Other names crop up, but denials beget denials, or total silence.
Look at them BEGGING for a BUYER and passing it off as NEWS!!!!!!!!
The question is seen as, at least, premature, given that the Times's ultimatum to Globe unions has yet to play out. And still, the hope lingers....
Yeah, KEEP ON HOPING, Globe!!!
You know WHATE ELSE LINGERS, don't you, readers?
I'll give you a hint: Pfffffffffffttttttt!!!!!!!
Wait a minute, I think I smell a Boston Globe nearby!
But newspaper analysts, media consultants, and labor lawyers say it's not exactly that simple. Though some, like Connors and former General Electric chairman Jack Welch, have explored buying the Globe in recent years, it could be a hard sell now, analysts say, given the newspaper industry's gloomy outlook in general and the Globe's dreadful revenue picture in particular.
Die, you fuckers, die!!!!
The 137-year-old newspaper, which is not officially for sale, lost $50 million last year, just shy of $1 million a week, and is projected to lose $85 million this year. Just as troubling to a potential buyer, analysts say, are the newspaper's underfunded pension liabilities and the union contracts protecting Globe staffers from the mailroom to the newsroom and providing, in some cases, lifetime-employment guarantees.
What HYPOCRITES!!!!!! See: Boston Globe Lied to Its Workers
Mark Young, president of Natick-based Grist Mill Advisors and a financial adviser to media companies, said he would not advise anyone to buy an asset like the Globe until such contracts could be restructured - essentially scrapped or redone.
Oh, I SEE!!!
CONTRACTS are ONLY GOOD for LOOTING CEOs and BANKERS, not average working folks!!!!
And even then, new ownership would have its hands full. After all, the structural shift in the news business, driven by the Internet and threatening the Globe and media businesses of almost every kind, will be just as real for new owners.
And HERE IS WHY, folks!!
"The media which has printed these lies and presented the horrors of the day according to the angle desired by those who operate it have become their own worst enemy. They are daily providing the evidence that they lie. Truth tellers on the internet are turning over every rock they tried to bury the truth beneath."
Also see: The MSM Monitor Looks Into the Mirror
and as predicted: Magic Thermite and the 9/11 Fairytale
Nowhere to be found in the s*** Amerikan jewsmedia, of course.
The most recent crop of newspaper buyers has learned that lesson the hard way. In the last three years, private companies or individuals have swept in to snatch up major metropolitan newspaper companies in Chicago, Minneapolis, and Philadelphia. But in recent months, Tribune Co., owner of major newspapers in Chicago, Los Angeles, and many other media properties, has filed for bankruptcy protection, as have the Minneapolis and Philadelphia newspapers.
I really don't give a shit about liars' trobles.
And even if a local angel were to appear, buying the Globe in the face of such negative news, all might not end positively for Globe staffers. In order to stop the newspaper from bleeding cash, analysts say, new ownership would likely have to make changes and cuts - fast.
Consider all the shit journalism they ahve provided, who gives a flying f*** about some jewmedia agenda-pushers, war-promoters, and liars?
I will no longer and NEVER AGAIN!!!!!
The Times Co. bought the Globe in 1993 for $1.1 billion - the most ever paid for a newspaper - and for years after that the paper was robustly profitable. But mirroring a trend playing out at newspapers across the country, the Globe's revenue has been declining - steeply - since 2004, according to a Barclays Capital report.
Ya think there is a CONNECTION, readers?
A Lifetime of Lies Since 9/11
I SURE DO!!!!!!!
Given these figures, analysts say, it was almost inevitable that the Times Co. would demand concessions from the unions, and the way the company has chosen to do it - by threatening to shutter the newspaper - is hardly unique. Other newspaper companies facing imploding financials have adopted a similar approach.
It's the equivalent of "negotiating with a gun at the table," said Doug Louison, a labor lawyer and partner at the Boston law firm Louison, Costello, Condon & Pfaff. "That's not collective bargaining," he added. "That's threatening unilateral termination."
The Times SOUNDS LIKE a TERRORIST, doesn't it?
Of course, they luuuvvv their readership and employees, don't they?
But it can be effective, Louison said, in persuading people to negotiate. And if the union agrees to concessions, he added, potential buyers might find the Globe a more attractive asset. The business may be struggling, but the brand is still strong, said Taylor, the former publisher, and Young, the Natick-based financial adviser, agrees.
Assuming the union makes concessions, the Times Co. doesn't close the Globe, and the paper ultimately goes up for sale, someone probably will take a shot at buying it, Young said. But what might interest them most, he added, are certain pieces, not necessarily the company as a whole.
"The most attractive piece, I think, is Boston.com," he said. "That's the one I hear mentioned most often."
I took away the self-serving web links, readers. I typed them in by hand because I do not want you tempted to go there ever again. I 'm not.
Also see: Heralding the End of the Boston Globe
The Boston Globe's Hatchet Job on the Boston Herald
Sunday Leftovers: Republican Response to Patrick's Phibs
Boston Globe Covers For Drunk Connecticut Judge
Boston Globe Censors Geithner's CFR Appearance
Boston Globe Covers Up Israeli Ecstasy Ring
Reopening the Investigation of the Murder of Elizabeth Mun
Madoff, Mossad and the AmeriKan MSM
The Boston Sunday Globe's Other Omissions: Democrats Don't Fight
The Boston Sunday Globe's Other Omissions: AIG's $50 Billion Payout
The Boston Sunday Globe's Other Omissions: Sri Lanka
The Boston Sunday Globe's Other Omissions: Unemployed
The Boston Sunday Globe's Other Omissions: Pensions
The Boston Sunday Globe Omissions: Unemployed Americans
The Boston Sunday Globe Omissions: Anchors Away at Gitmo
And those are ONLY the ONES I HAD TIME to RESEARCH!
Yeah, the Globe is doing a bang-up job!
