"Trick or Treat!"
Ah! Scary mask!!!
"Globe veteran will be next publisher" by Beth Healy, Globe Staff | October 30, 2009
Boston Globe publisher P. Steven Ainsley, having shepherded the paper through the most tumultuous period in its 137-year history, said yesterday he will retire at the end of the year.
New York Times Co. chief executive Janet Robinson spoke to employees yesterday, with Globe publisher P. Steven Ainsley. (Jonathan Wiggs/Globe Staff)
He looks like he got a sucker!
Hey, hey, TAKE ONLY ONE, ya greedy...!!!!
Ainsley, 56, has been publisher for three years, and during that time the Internet has transformed the newspaper industry by capturing a growing number of readers and advertisers, eroding profits.
Well, that is NOT EXACTLY TRUE!
See: Globe Decline a Decade in the Making
The Boston Globe Admits Iraq Lies Killed It
Yeah, that's when the MSM started to lose me.
As for the TRANSFORMATION, that has been MINDS -- and I AM ONE of LEGIONS!!!!!
Earlier this year, the Globe’s owner, The New York Times Co., threatened to shut down the paper unless it cut costs dramatically, and more recently considered selling the paper. Ainsley said he was glad he could help stabilize the Globe’s finances....
I think the guy should retire now; he obviously has health problems.
Yeah, STILL LOSING MILLIONS as REVENUE and READERSHIP SHRINK, but "stabilized." You know, a DEAD THING is also "stabilized."
Ainsley said he had no immediate plans but is interested in nonprofit work. He has been in the newspaper business for 31 years, 27 of those with the Times Co. He came to the Globe in 2006 from Tampa, where he was running the Times Co.’s regional media group. Ainsley knew he was facing a challenge when he arrived at the Globe - newspapers across the country were struggling as the Internet ate into their business.
How pompous, as if THEY OWN the "NEWS."
And the industry’s troubles accelerated on his watch....
But HE STILL CLEARED a SIX-FIGURE BONUS as the paper was LOSING a MILLION a WEEK and EMPLOYEES (that gave back $20 million in concessions -- before the Times "reported second-quarter net income of $39.1 million) were going WITHOUT RAISES and INCREASED HEALTH COSTS!
"In 2008, P. Steven Ainsley, the publisher, received about $113,000 in bonus pay, down from more than $314,000 in 2007"
What a RACKET!
The EXECS LOOT the PLACE before they LEAVE -- and then he is a HERO on the FRONT-PAGE!!!
Aaaaaaahhh!!!
Ainsley oversaw a series of cost reductions, including $20 million in concessions from Globe unions, a pay cut for managers, and the closing of a Billerica printing plant. In addition, he implemented the price-increase strategy.
I guess we know where that is going.
What's his retirement package worth?
Together, those efforts improved the paper’s financial results, prompting the Times Co. to end its effort to sell the Globe earlier this month. While the Times Co. posted a loss in the third quarter, New England Media Group helped boost total revenues with an 18.4 percent increase in circulation revenues....
Yeah, IGNORE the LIKEWISE DROP in CIRCULATION!!!!
Hey, if they didn't OMIT, OBFUSCATE, and IGNORE, it wouldn't be an AmeriKan newspaper!
--more--"
Maybe I should shut off the light.
