Boston Globe May Fold!

a thought (0.00 / 0)

Mittens Romney should buy it and publish his life story for a year

Someone should buy it and make Alex Jones the Editor in Chief

some thoughts...

no justice, no peace.

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by: benwetmore @ Mon Mar 09, 2009 at 19:17:22 PM CDT

Ads for gold and water purification systems... (0.00 / 0)

"The prediction here is that RMG will peter out in a couple of months." - Adam Reilly, 2/28/2007

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by: Garrett Quinn @ Mon Mar 09, 2009 at 21:19:38 PM CDT

[ Parent ]

and the Amish miracle heater. (0.00 / 0)

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Kamal Jain for State Auditor
http://www.kamaljain.com

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by: Patrick @ Tue Mar 10, 2009 at 07:12:02 AM CDT

[ Parent ]

Dan Kennedy advises the gleeful to hold their cheer at the demise (5.00 / 2)

of the Boston Globe. The print edition isn't going away and the paper is worth more Time Mag suggests.

In fact, the source of this rather startling prediction is Douglas McIntyre, a blogger for 24/7 Wall Street - not exactly the ghost of Henry Luce. Time just happens to run the feed on its Web site. (Here's a look at the site's syndication service.) I've interviewed McIntyre. He's a smart, knowledgeable guy, but it's fair to say that he likes to be a provocateur.

You will notice, too, that McIntyre repeats that bit about the Globe's being worth only $20 million. In fact, as the Boston Business Journal reported recently, a more logical number is a shade under $200 million - far short of the $1.1 billion that the New York Times Co. paid for it (in 1993 dollars, no less), but a lot more than $20 million. I know of no one who ever thought the $20 million figure was credible.

The Globe is struggling mightily, but its Web site, Boston.com, attracts more than 5 million unique visitors a month, and its paid print circulation - about 325,000 on weekdays and 500,000 on Sundays - is, though far short of the glory days, plenty enough to attract a decent amount of advertising if we weren't in the midst of a brutal recession.

More from Media Nation.  

"Work is the essence of Man."

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by: Karl Marx @ Tue Mar 10, 2009 at 14:53:44 PM CDT

[ Parent ]

To paraphrase Denis Leary, I'd give my left nut for the Globe to go under... (3.67 / 3)

Someone should make a You-Tube clip of local conservatives discussing just what they'd pay, what they'd give up, just to see the Globe go under...

http://www.youtube.com/watch?v...  

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by: WhatWouldReaganDo @ Mon Mar 09, 2009 at 19:24:13 PM CDT

I'm sorry, but this is exactly the kind of attitude that has turned people off from the GOP and conservative ideas. (4.00 / 1)

I'm not a fan of most of the Globe's editorial positions, with the exceptions of Jeff Jacoby and the occasional guest commentary by a Republican consultant or Pioneer Institute fellow. That is besides the point, however, since the paper provides a unique local perspective. As conservatives who tend to favor localization, we must not be seen as cheering on the demise of a local newspaper, unless we have a credible alternative of our own to save these institutions.

I admire the paper for its reporting, which has not been too friendly at all to the Beacon Hill status quo, as of late, from Sal DiMasi to Deval Patrick. Even Joan Vennochi has penned a few columns recently, advocating for more Republicans on Beacon Hill, and they had an excellent feature story yesterday on Mary Connaughton. Tucker Carlson nailed it at CPAC, when he pointed out that the New York Times does actually care about the accuracy of its news, to boos from the crowd.

That being said, I wouldn't mind seeing #2 come to fruition, particularly if the buyer happened to be Governor Romney. Ideally, the editorial page would have no tolerance for left-wing moonbats and right-wing wingnuts alike (except for publishing a few of their letters for entertainment), and would instead provide a forum for thoughtful right and left of center commentators to provide informed cogent analysis and policy prescriptions. That would be a dream come true.

For now, however, I will have to content myself with the hope that Boston remains a two paper town - and other regional newspapers such as the Telegram & Gazette of Worcester continue to thrive.

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by: republicanvoices @ Tue Mar 10, 2009 at 09:03:33 AM CDT

[ Parent ]

this is an incredibly lame and stupid post - "turned off to ideas" (1.00 / 1)

seriously? you want "thoughtful right and left of center commentators to provide informed cogent analysis and policy prescriptions."

Do you also want acknowledgment for using "cogent" in a sentence?

the attitude that turns people off from our ideas is not because people hate the media.  Journalists are the only group that people trust less than lawyers.

The media sits and scolds business, but they can't make their bottom lines work out.  We should rejoice.  They fatten up their payrolls with j-school pukes instead of making a sustainable business model - we should rejoice.

You want nice little respectability, you want to be friends with these people, and want their approval.  It's understandable, given your relative naivete.

The Telegram is owned by the NYT/Globe, fyi.  There aren't local papers left around, at least none that meet your highbrow approval.  tool.

no justice, no peace.

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by: benwetmore @ Wed Mar 11, 2009 at 15:38:28 PM CDT

[ Parent ]

We should be so fortunate (0.00 / 0)

The hater of all things Republican, Conservative, and Catholic can rot in hell for all I care.

He describes himself as "to the left of Barack Obama'' on social issues and is frustrated that more folks don't appreciate that. - Yvonne Abraham on Charlie Baker, The Boston Globe

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by: South Shore Republican @ Mon Mar 09, 2009 at 23:02:50 PM CDT

Top 10 reasons I get the Boston Globe...... (2.00 / 2)

1. Wrapping fish
2. Lining the bird cage
3. Paper mache pinata
4. Starting the wood stove
5. Whacking the dog. (in rolled up form)
6. It comes with the coupons
7. See if my name is in the obituaries
8. Find out Governor Deval's tax du jour.
9. The plastic wrapper occassionally has a free sample.
10.It's the only way to make the S.O.B Boston Globe telemarketer stop calling.

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by: Vote3rdpartynow @ Tue Mar 10, 2009 at 06:21:24 AM CDT

You get the Troll rating for whacking any dog. (4.00 / 1)

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by: VESuggestions @ Tue Mar 10, 2009 at 13:09:22 PM CDT

[ Parent ]

It's better than the 'board' of education.... (2.50 / 2)

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by: Vote3rdpartynow @ Wed Mar 11, 2009 at 05:58:23 AM CDT

[ Parent ]

The need for two newspapers (5.00 / 1)

Guys and Gals - come on - think about it we need Boston to be a two newspaper town, it's good for everyone.  But then again that doesn't mean a conservative couldn't buy it... now that is a dream scenario.  

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by: plymouth99 @ Tue Mar 10, 2009 at 08:27:30 AM CDT

More the better (5.00 / 2)

     While I fully understand the perceived liberal bias of the Boston Globe I would not root for or cheer its potential demise.

    Sure, I find the Boston Herald much more amendable to me.  When I read their websites, I find the Herald to be the much more informative media outlet.  

    Hey, the Globe has published my letters & run articles with my interviews in the past.  They're not the great liberal Democrat boogeyman.  Do they have a bias?  Sure, everyone has a bias & don't let them convince you otherwise.  

    That said, I'm a firm believer that when it comes to media sources that more is better.  I want the Boston Globe to thrive.  I want the Boston Herald to thrive.  Down here, I want the Standard-Times & Herald News - the SouthCoast daily papers that respectively focus upon New Bedford & Fall River - to thrive.  In many ways, my favorite paper is my weekly Chronicle of Dartmouth & Westport.  I want that paper to thrive.

    Perhaps even more important than having the aforementioned be robust newspapers is the fact that I want the papers to multiply.  That may not be feasible in print but then I'll take them online!  I simply shudder when media consolidates too much.  I want more selections at the information buffet, not less.  If one selection is too liberal for my tastes, I'll move along to something more palatable but I would much rather have the free market choice than not.  

"Tomorrow will be better for as long as America keeps alive the ideals of freedom and a better life." - Walt Disney

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by: BNCordeiro @ Tue Mar 10, 2009 at 09:13:58 AM CDT

[ Parent ]

Eh you're right (4.00 / 1)

There is a certain amount of disdain I have for the Globe that stems from their attempt(and seemingly their mission) to discredit and undermine some of the institutions that I most believe in, importantly my religion (Roman Catholicism) and second my political philosophy and party.

A town does stand to benefit from having two newspapers however. I just hope that if the Globe doe survive that it isnt as a mouthpiece of the Massachusetts Democratic Party and far left wing organizations, just as I also hope it doesn't take every opportunity it has to publish vicious and mean spirited attacks upon those whose views they don't agree with.

He describes himself as "to the left of Barack Obama'' on social issues and is frustrated that more folks don't appreciate that. - Yvonne Abraham on Charlie Baker, The Boston Globe

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by: South Shore Republican @ Tue Mar 10, 2009 at 09:31:55 AM CDT

[ Parent ]

How can it be worth anything if it loses a million $ per week? (0.00 / 0)

Honestly, how can it be worth a plug nickel if it is losing a million dollars a week?  Doesn't basic common sense tell you that an investment is worth what the returns will provide?  Would you spend $20 million to buy a business that is losing a million dollars a week?  I wouldn't.

But alas, it was an INVESTMENT BANK that estimated the value.  Perhaps that is why the investment banking industry is in the sh*tter?

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by: Vote3rdpartynow @ Tue Mar 10, 2009 at 09:15:18 AM CDT

It has assets (4.00 / 1)

The Boston Globe may lose $1 million per week in operating costs because the Newspaper operations are doing terribly.  Hypothetically, if they closed the paper, the company might be profitable.  Their online operations make money and they have other tangible assets.  For example, they own a slice of the Boston Red Sox and NESN.

If one of those "evil" corporate raiders, like Danny DeVito in "Other People's Money" came in and sold off it's parts, those parts would have value.  Hence, the company has value.

"the Federal deficit is about ethics and morality, and it is, by far, the biggest problem we face. It weakens the country and exerts a creeping, negative influence on everything we do." - Charlie Baker.  HT:  Brent041

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by: Mike "DD4RP" Rossettie @ Tue Mar 10, 2009 at 10:37:30 AM CDT

[ Parent ]

I guess it is a matter of semantics..... (0.00 / 0)

The quote from the original post said the 'paper' was worth about $20 million.  Perhaps the parent operation including the .com and other interests may have assets worth a lot more, but the paper itself isn't worth anything.

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by: Vote3rdpartynow @ Wed Mar 11, 2009 at 06:01:52 AM CDT

[ Parent ]

"plug nickel" (0.00 / 0)

I like "1 red cent"

"Me?  I prefer to be the conservative sitting at the king or queen's round table influencing the debate & decisions." - BNC  

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by: Republican Ram Rod Radio @ Tue Mar 10, 2009 at 12:15:21 PM CDT

[ Parent ]

Be careful what you wish for (5.00 / 2)

Yeah it's easy to wish ill upon the liberal Boston Globe but this city would be much poorer as a one paper town. Competition works. Who will get the news? No doubt the Globe has dug itself into a hole but there are a lot of quality reporters there who have dug out great stories. Don't mistake the whole for the sum of its parts. Again be careful what you wish for....

"Work is the essence of Man."

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by: Karl Marx @ Tue Mar 10, 2009 at 12:16:32 PM CDT

A mixed blessing at best (5.00 / 1)

I find it hard to see a large upside from a closed or drastically diminished Boston Globe.  In the past few years, the Globe has done some great reporting on issues that are important to Republicans such as public pension and the underfunding of public pension plans.  While their editorial slant is definitely left, it is much more balanced than it was.  Jacoby is consistently good and Vennocci sometimes offers an interesting take on the issues.

Meanwhile, the Herald editorial staff is decidedly more centrist than they have been.  This is in part due to their opinion page editor.  If the Globe did fold, I would not be surprised to see the Herald move further to the left.  After all, that would be where the median newspaper reader is with the Globe out of the picture.  Those of us on the right might be left with no major newspaper outlet with a favorable disposition.  

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by: yankeepundit @ Tue Mar 10, 2009 at 19:24:11 PM CDT

"Vennocci sometimes offers an interesting take on the issues" (0.00 / 0)

While true and she does honestly concede the mess of one-party government, her condescension of the Republican party and conservative philosophy is constantly palpable in nearly all of her columns. I'll give her points for being intellectually honest(something rare in the MA-left/MA-journos), but I'm hard pressed to see that as any sort of favor to us. Ditto some of their investigative journalism... some of it has been quite good lately, but given their penchant of covering for many dem/lib pols I just have a hard time trusting them to continue it in the long term.

Interesting idea about the Herald going left to fill a Globe vaccuum. I'll have to think that one over. I've been persuaded toward the idea the state is best served by having two big papers, but the Globe has been so keenly interested in driving the stake through the heart of conservatism that I'm only there tenuously.

He describes himself as "to the left of Barack Obama'' on social issues and is frustrated that more folks don't appreciate that. - Yvonne Abraham on Charlie Baker, The Boston Globe

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by: South Shore Republican @ Thu Mar 12, 2009 at 18:53:42 PM CDT

[ Parent ]

I (0.00 / 0)

don't get it....
I thought MSM screwed with conservatives all the time and are just puppets to the Democrats.

The way to hurt MSM is with ratings and to ignore them, so to hurt them in the pocketbook.
Either they DO the job of OBJECTIVE reporting or FAIL, and be replaced by something that CAN be objective.

So screw the Boston Globe, and IF they fail may they be replaced by someone who LEARNED from that failure to be balanced and OBJECTIVE.
Which the Globe most certainly is NOT!!

ps. Isn't this a little like talk radio, where liberal crap can'y compete with conservatives?
If this rag can't stand on it's own liberal garbage, then change or fail.

"From MY cold dead hands"

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by: Knightbrigade @ Tue Mar 10, 2009 at 19:50:30 PM CDT

Good riddance (0.00 / 0)

I hate the Globe. When they don't fail to give press, they're sure to give bad press to institutions like my alma mater, the Eastern Nazarene College, even when it does stuff like change it's mascot from Crusaders to something else. There's no pleasing these people! I'd consider myself liberal in many ways, but liberal extremism from the kind of jokers who work at the Globe disgusts me. They don't even post my comments, despite the fact that it isn't in the least bit offensive!!!

http://www.boston.com/news/loc...

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by: arvernii @ Wed May 13, 2009 at 16:43:30 PM CDT