January 11, 2009
Then what will we do?
"But what if old media (New York Times, Washington Post, Wall Street Journal) dies much more quickly" than predicted? (This from the January/February issue of the Atlantic.) "What if the New York Times goes out of business--like, this May? It is certainly plausible." The incredible news continues--the NYT may "default on some $400 million in debt." Yikes!
Don't know about you but I have not recovered from the decision of the Capital Times to stop printing daily. What in the world would I do without the New York Times? What would any of us do? I think I can get along without Citigroup, AIG, Ford or GM, but the New York Times? Unthinkable. Bailout the Times? No. (Read Bill Bery's column posted today and Bill Kraus's October 20 FightingBob.com blog post.)
What about Wisconsin papers? Many insiders tell us that the Milwaukee Journal Sentinel still suffers from the decision to go public. Will JS survive? Hope so but don't bet the ranch. If the NY Times is in trouble, all papers are in trouble.
What is the response? Can we, FightingBob.com, fill part of the gap? Imagine that it is 2012, the presidential campaign has begun, there are no newspapers. What do we do? Share your ideas.
(While you are at it, read Harper's "The $10 Trillion Hangover. Paying the Price for Eight Years of Bush." Sit down before reading.)
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I am from the East Coast and had read the NYT for years. The Albany Times Union, Baltimore Sun, Washington Post, Wall Street Journal and others were almost as good.
As far as I am concerned the NYT was a cheerleader for George W. Bush. They have no credibility with me, anymore!
-Sam | Wausau, WI | January 11, 2009