See: Globe Mails Layoff Letters
They should have already arrived, and yet I have not seen a word in my Globe. How much you want to bet it will be another Slow Saturday article?
Meanwhile, things are looking grim for the Globe:
"Some see Gannett units’ split as gloomy sign for newspapers" by Mae Anderson | Associated Press August 06, 2014
NEW YORK — The game of survival is on for newspapers, as USA Today owner Gannett on Tuesday became the most recent major media entity to say it will divide its print and broadcast divisions into separate companies.
As consumers continue to gravitate toward online sources of news and entertainment, newspapers are increasingly being asked to fend for themselves.
Gannett said its separation will leave the newspaper unit debt free and let both companies pursue growth and acquisitions more efficiently. But some observers see the rush to split less profitable print businesses from growing TV and digital operations as an ominous sign for the newspaper industry.
‘‘To take a draconian view, over next 10 years a lot of newspapers could disappear or be much smaller print products,’’ said Edward Atorino, an analyst with Benchmark Co.
There was once a day when I would have thought that was a terrible thing. Not anymore. Who wants worthless, agenda-pushing, war-promoting, insulting elitism and supremacism passing itself off as news? Is anyone really going to miss their $elf-centered slop filled with distortions and lies?
They are not where I go to find out what is going on in the world anymore. These articles are only here to show you what bullshit the Globe happens to be shoveling and what a caring and conscientious American citizen is receiving from his regional flag$hit.
As part of the move, Gannett also said Tuesday that it will take full ownership of Cars.com for $1.8 billion, another sign of the increasing importance of digital properties.
Gannett’s spinoff follows similar maneuvers by major operators such as Time Warner Inc. and News Corp. Earlier this week, the Tribune Co. completed a split with its division that publishes The Los Angeles Times and other newspapers.
Related:
Tribune spins off newspapers into separate company
Time Warner taking hard stance on a bid by Fox
Also see:
Six Zionist Companies Own 96% of the World's Media
Declassified: Massive Israeli manipulation of US media exposed
Operation Mockingbird
Why Am I No Longer Reading the Newspaper?
That is why I won't be missing them.
The spinoff trend takes place amid a backdrop of declining newspaper revenue. As consumer tastes for digital content grow, advertisers continue to shift more of their spending online. Over the past eight years, annual print newspaper ad revenue has fallen 64 percent to $17.3 billion in 2013, according to the Newspaper Association of America.
Gannett’s publishing arm will retain the Gannett name and include USA Today, 81 local US daily publications and Newsquest, a regional community news provider in the United Kingdom.
The company touted the publishing unit as a debt-free company and said both entities will have ‘‘increased opportunities to grow organically across all businesses,’’ and pursue strategic acquisitions.
Chief executive Gracia Martore said the ‘‘bold actions’’ will help increase value for shareholders ‘‘in today’s increasingly digital landscape.’’
Many analysts say the recent rush to spin off print assets paints a dark picture for newspapers. ‘‘Now, these stand-alone print companies won’t have the profits to depend on from the broadcast companies,’’ said Ken Doctor, a media analyst for consulting company Outsell. ‘‘For them, it’s life without a parachute. They have to figure out how to make it completely on their own.’’
Time to take off the training wheels and wean them off the corporate teat!
--more--"
Well, you know what they say: Lester is more.
The Boston Globe Admits Iraq Lies Killed It
John Henry couldn't revive it.
Globe Decline a Decade in the Making
I'm getting the feeling I won't be doing this much longer.
How long before there is no Globe at the newsstand?
