The Telegram & Gazette in Worcester, Massachusetts is embarking on a risky proposition. It will begin to charge readers for online news stories produced by its editors and reporters (while supposedly keeping wire copy and other syndicated content free). The T&G is one of the largest daily newspapers in New England and covers the state’s [...]
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Tag Archives: New York Times Co.
The Great Media Collapse of 2009: Part 2
November 20, 2009
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Back in March I predicted 2009 to be the year of the Great Media Collapse. That the powerful forces of the global economic meltdown, plummeting advertising costs, and the shift of readers from print to the web would force seismic changes on traditional media. It’s been even worse than I thought. Are we sure it [...]
Read moreWhy the Times Co. Not Selling the Boston Globe is Bad News
October 15, 2009
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Is the fact that the New York Times Co. has decided not to sell the Boston Globe good news? I don’t think so. In fact, it’s probably bad news. It’s clear to anyone who has been following the Times/Globe saga that the Times Co. regrets its investment of $1.1 billion in 1993. There’s also no [...]
Read moreBoston Newspaper Guild Accepts Cuts from New York Times Co.
July 21, 2009
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The Boston Newspaper Guild overwhelmingly supported a new package of cuts totally $10 million last night. The vote – 366 in favor and 179 against – gives the New York Times Co., the owners of the Boston Globe, the green light to proceed with an expected sale of the 137-year-old newspaper. The cuts are deep [...]
Read moreIt’s Déjà vu All Over Again
July 17, 2009
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On Monday, July 20, the Boston Newspaper Guild votes on a new package of steep pay and benefit reductions from the New York Times Co. The Times Co. has demanded that its largest union accept $10 million in cuts or the Boston Globe could be in danger of closing. This will be the second vote. [...]
Read moreWill Globe Union “Just Say No”?
June 5, 2009
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On Monday, the Boston Globe Newspaper Guild will vote yes or no on a series of deep cuts to its contract with the New York Times Co., which is seeking $10 million in bottomline savings from the Guild. Just a couple of weeks ago, it look as if a “yes” vote was a no-brainer for [...]
Read more4 Reasons Why the Boston Globe is Still in Trouble
May 6, 2009
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It difficult right now to determine what is going to happen between the Boston Globe and the Boston Newspaper Guild. Supposedly, the sides have reached a tentative agreement. How that would work after reports yesterday of Globe management wanting a 23 percent cut in pay for Guild members is anyone’s guess. Both sides remain close-mouthed [...]
Read moreBoston Globe Shuns Readers
May 1, 2009
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Today is the “alleged” deadline for the Boston Globe unions to provide $20 million in givebacks to the New York Times Co. – or face the prospect of the newspaper being shuttered. The Globe reported today that the largest union – the Newspaper Guild – has asked for an extension. But who knows what to [...]
Read moreSo What’s the Plan?
April 9, 2009
3 Comments
The Boston Business Journal reports today that the New Times Co. has asked for more than $10 million in concessions from the Boston Globe’s Newspaper Guild in order to avoid closing in less than 30 days. According to the BBJ: “Additional cuts sought by the Times (NYSE: NYT), which is threatening to shutter the broadsheet [...]
Read moreBoston Globe Rescue Plan
April 6, 2009
3 Comments
This morning, when I dug my Boston Globe out of the shrubs, I was expecting additional details on the New York Times Co. threat to close down the newspaper in 30 days if it didn’t receive $20 million in concessions from the company’s 13 unions (as reported on Saturday). But there wasn’t a stitch of [...]
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