The "Progressive" Promised Land
"Nickname unavailable" wrote in message
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On Jul 11, 10:15 pm, "David Eduardo" wrote:
"Nickname unavailable" wrote in message
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because they were purchased, or infiltrated by hedge funds that drove
up debts, so that the parasitical hedge fund could sit by their pools,
and collect checks from the cash flow. they created such bland papers,
that they drove almost everyone away, no matter the age.
now they cannot pay their bills. to bad, the papers backed free
market economics, and now its bite them in the ass.
You are full of untruths today.
that is your opinion. so far that is all i have seen from you, your
opinion.
Newspaper circulation is so trendable that charts are even in introduction
to media books at the college level. Circulation has been falling for
decades, and it is demonstrable. The loss of classified revenue, auto
revenue and real estate revenue is in every publicly traded print company's
annual reports and investor updates, with exact statistics. The ABC
documents circulation, and similarly documented counts of column inches of
advertising are readily available.
Papers have been on the decline for 25 to 30 years, because younger people
get their news and information from TV... and in the last decade, from the
Internet.
of course there are reasons for that. as i have stated. in europe,
news papers and magazines are doing much better because they are not
bland conservative doormats.
I was just looking at the financials of Grupo Prisa from Spain, publisher of
Spain's huge national daily... where revenues have been slipping for 10
years and the company is rapidly moving resources to new media instead.
England has seen papers cease publication, and the business is just as bad
there as the US, even though readership is enhanced by the huge use of
public transit.
Classifieds are so easy on the web, as is finding a house or
selling one. Checking out cars and prices is also easy on the web... even
buying one and then going to sign and pick it up.
that is true. but that does not mean total failure as we have seen in
america. the same things are happening in europe, yet papers are doing
much better there, even thriving.
No, they are not. They are losing ad revenue, losing younger demo
circulation and costs are increasing.
The most debt-free newspapers are still in trouble, because people under
35
or 40 don't read them, and many in older groups don't read as often or as
much... and the three biggest sources of revenue, cars, classifies and
real
estate, have all but dried up.
same in europe, yet, the european papers give people something to
read. they are staying afloat, ours are not. people simply do not
believe them anymore. they cover nothing that is important, or if they
do, its milk toast that some right wing stink tank issues.
Very, very few US papers have closed, save those that had a direct
competitor. Two paper cities practically don't exist, but that trend started
in the 50's with things like the News buying the Press in Cleveland, etc.
But papers are still viable, but are shrinking. If costs are reduced, they
will go on for years.
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