Re: [AsburyPark] Re: TriCityNews featured by the NYT for ignoring the Web
One day of world-wide attention, and only through the NYTimes and the internet. Otherwise, generally spent in obscurity with no web presence or clout of any kind. Most people would not describe the NYTimes as a failing paper. Hysterical? Whatever. On Dec 22, 2008, at 4:02 PM, justifiedright wrote: This is hysterical! New York Times, Gannett, etc. all failing, and the business model of the mighty triCityNews in AP is getting world-wide attention today as the place to go for how to make all work. Hysterical! How about some of the quotes? Double digit profitable. Dan is funnier than hell. Regarding the web: Why would I do something that would destroy my business? Or the Christmas party with 3.5 employees. Ha! The irony though is that he does seem to be way ahead of the curve here. Costs cut to the bone. Not taking risks - going with what works. The Wall Street guys and the auto companies should take note. triCityNews is about 75 pages now. That has to be the most pages of any paper published on a Thurday in the State (I'm guessing). --- In AsburyPark@yahoogroups.com, dfsavgny dfsav...@... wrote: --- In AsburyPark@yahoogroups.com, Allan Peterson nnjallans1@ wrote: Congrats to TCN. Yes congrats, but YAWN [Non-text portions of this message have been removed] Yahoo! Groups Links * To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ * Your email settings: Individual Email | Traditional * To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) * To change settings via email: mailto:asburypark-dig...@yahoogroups.com mailto:asburypark-fullfeatu...@yahoogroups.com * To unsubscribe from this group, send an email to: asburypark-unsubscr...@yahoogroups.com * Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
Re: [AsburyPark] Re: TriCityNews featured by the NYT for ignoring the Web
And what's truly hysterical is a particular participant on this board championing a business for eschewing the internet, when he himself would shrivel up and die without it. No, this was just another opportunity for a Far Right Conservative to take another feeble swipe at their favorite bête noire: The New York Times, better known as The Paper of Record. Can we have another link to that Foxy Blog, again? On Dec 22, 2008, at 4:28 PM, Jack Pitzer wrote: The best part of the TCN being 72 pages is that I hardly ever run out of paper to use for cleaning up dog poo. --- In AsburyPark@yahoogroups.com, Jersey Shore John jerseyshorej...@... wrote: One day of world-wide attention, and only through the NYTimes and the internet. Otherwise, generally spent in obscurity with no web presence or clout of any kind. Most people would not describe the NYTimes as a failing paper. Hysterical? Whatever. On Dec 22, 2008, at 4:02 PM, justifiedright wrote: This is hysterical! New York Times, Gannett, etc. all failing, and the business model of the mighty triCityNews in AP is getting world-wide attention today as the place to go for how to make all work. Hysterical! How about some of the quotes? Double digit profitable. Dan is funnier than hell. Regarding the web: Why would I do something that would destroy my business? Or the Christmas party with 3.5 employees. Ha! The irony though is that he does seem to be way ahead of the curve here. Costs cut to the bone. Not taking risks - going with what works. The Wall Street guys and the auto companies should take note. triCityNews is about 75 pages now. That has to be the most pages of any paper published on a Thurday in the State (I'm guessing). --- In AsburyPark@yahoogroups.com, dfsavgny dfsavgny@ wrote: --- In AsburyPark@yahoogroups.com, Allan Peterson nnjallans1@ wrote: Congrats to TCN. Yes congrats, but YAWN [Non-text portions of this message have been removed] [Non-text portions of this message have been removed] Yahoo! Groups Links * To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ * Your email settings: Individual Email | Traditional * To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) * To change settings via email: mailto:asburypark-dig...@yahoogroups.com mailto:asburypark-fullfeatu...@yahoogroups.com * To unsubscribe from this group, send an email to: asburypark-unsubscr...@yahoogroups.com * Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
Re: [AsburyPark] Re: TriCityNews featured by the NYT for ignoring the Web
In a message dated 12/22/2008 3:37:40 P.M. Eastern Standard Time, dfsav...@yahoo.com writes: Yes congrats, but YAWN === lol - great economy of words Dan. ;-) I'd might have agreed, but I was at first amused by Jacobson's we want people to think of Asbury Park as the center of the universe” ; then intrigued by the number of increasing hits on Google, including CNN's Money, sites in the UK, and one blogger's nomination of Dan for publisher of the year. Beyond Google, there are all the reactions at Technorati dot com _http://tinyurl.com/8twb79_ (http://tinyurl.com/8twb79) Timely, I suppose, because of all the anxiety about the viability of print media in this economy. Personally, I would be willing to pay for online access if it would bypass all the advertising and pop-ups--even the commercials before videos. **One site keeps you connected to all your email: AOL Mail, Gmail, and Yahoo Mail. Try it now. (http://www.aol.com/?optin=new-dpicid=aolcom40vanityncid=emlcntaolcom0025) [Non-text portions of this message have been removed] Yahoo! Groups Links * To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ * Your email settings: Individual Email | Traditional * To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) * To change settings via email: mailto:asburypark-dig...@yahoogroups.com mailto:asburypark-fullfeatu...@yahoogroups.com * To unsubscribe from this group, send an email to: asburypark-unsubscr...@yahoogroups.com * Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
Re: [AsburyPark] Re: TriCityNews featured by the NYT for ignoring the Web
In a message dated 12/22/2008 5:00:42 P.M. Eastern Standard Time, justifiedri...@yahoo.com writes: --- In AsburyPark@yahoogroups.com, Jersey Shore John jerseyshorej...@... wrote: Most people would not describe the NYTimes as a failing paper. Ahem...Times Co. to borrow against building The New York Times Company plans to borrow up to $225 million against its mid-Manhattan headquarters building, to == A more complete overview on that issue: http://tinyurl.com/7fp566 Newspapers to sell buildings, but who's buying? 38 minutes ago NEW YORK (AP) — With revenue plunging as readers and advertisers flee to the Web, many newspaper companies have turned to selling off their buildings to raise money or save on costs. But now that option may be drying up too, as frozen credit markets make commercial real estate deals scarce. At least half a dozen newspaper companies have said this year they plan to sell their buildings, some with the intention of leasing back space for their news operations. Others are moving to smaller offices to save money as staffs dwindle and the era of commanding downtown newspaper buildings appears near an end. The newspapers could hardly have picked a worse time to put their buildings on the block, with the value of commercial real estate deals plummeting from just a year ago. Timing is everything, said Ross Moore, a director at the real estate services firm Colliers International. If you tried to do a sale-leaseback 18 months ago the deal would have been done before the end of the day. Now, you've probably got your work cut out for you. The second issue is the newspapers themselves, he added. It's pretty well known that they're going through a tough time. Which means buyers know they can hold out for a bargain. Still, analysts say the list of newspapers looking to leverage their property for capital could grow under the strain of the recession. Before filing for bankruptcy this month, Tribune Co. was trying to sell the modernist 1935 Los Angeles Times headquarters and the gothic Tribune Tower in Chicago, completed in 1925. The company that owns the Philadelphia Inquirer and Daily News hopes is in the middle of a deal to sell the white tower that houses both newsrooms on Broad Street, the city's main artery. And Fort Worth Star-Telegram publisher Gary Wortel put the newspaper's downtown offices up for sale in September. The New York Times Co. plans to raise $225 million with its brand-new, 52-story Manhattan headquarters, either through a leaseback or a mortgage. The Times owns 58 percent of the building, a portion that has not yet been mortgaged. The Record of Bergen County, in New Jersey, plans to move its 80 staff members out of their Hackensack headquarters in January. Some will move to smaller offices owned by the newspaper's parent company, North Jersey Media Holdings, or become remote journalists, working with laptops and cell phones. Publisher Stephen Borg stressed in an interview that while the move should save about $3 million a year, the paper doesn't need the money to pay down debt. Borg said the company is still weighing whether to sell the building, or possibly develop the site. This building is inefficient: We've got 80 people sitting on 20 acres, Borg said. Erik Kolar, chief executive of Wayne, Pa.-based Patriot Equities LP, said the number of newspapers trying to sell property has ballooned the past year. His company signed a deal for an undisclosed amount in January to acquire the building that houses the Inquirer and Daily News in Philadelphia and lease back the space. Extra room not used by the newspapers will go to other tenants. The paper's publisher, Brian Tierney, has been trying to pay off the debt that accumulated when he bought the papers from McClatchy Co. in 2006 for $515 million. The debt rating agency Standard and Poor's reported in June that the company had missed a payment on its loans. Kolar said he's also heard from the Journal Register Co. as it tries to raise capital by selling property. The company, which publishes the New Haven Register among other daily and weekly publications, has suspended debt payments while it seeks new terms with its lenders. The company did not return calls for comment. The trouble now, Kolar said, is that the loans most buyers need to acquire properties have grown scarce. Largely as a result, the volume of office property sales in October — across all industries — fell about 60 percent from the same month last year, according to Real Capital Analytics, a New York-based real estate research firm. It also estimates the volume of leaseback deals this year has plummeted 55 percent. Such agreements used to be attractive deals for buyers, who got buildings with ready-made tenants usually locked into multiyear contracts. The volume of deals grew each year from 2005 to 2007.
Re: [AsburyPark] Re: TriCityNews featured by the NYT for ignoring the Web
Are you talking about the newspaper and it's viability or the new building they just built? Nevermind. The NY Post is a much better business model and when I say business model, I mean it in the Conservative/Republican sense of corporate welfare Think-Tankery) http://www.journalism.org/node/6757 Murdoch originally bought this New York tabloid in 1976 from long- time owner Dorothy Schiff, who had made it arguably the most liberal newspaper in the country. The editorial slant shifted under Murdoch, but ultimately his TV interests conflicted with the Posts ownership. FCC rules barred one company from owning a TV station and newspaper in the same city and Murdoch had purchased local TV station WNYW. So he sold the paper. In 1993, with the Post apparently on the brink of shutting down, Murdoch offered to buy it back if the FCC granted him a waiver. Several New York politicians fought for Murdoch, including then Governor Mario Cuomo who was often skewered on its editorial pages. A frothy mix of gossip, grit, and conservative ideology, the paper, with a current circulation of about 690,000 is estimated to lose millions each year, so many that it seems unlikely most publicly traded corporations would justify sustaining it. (A 2005 Business Week story put that number between $15 and $30 million a year.) It is the one U.S. daily Murdoch currently owns. Ahem. On Dec 22, 2008, at 5:00 PM, justifiedright wrote: --- In AsburyPark@yahoogroups.com, Jersey Shore John jerseyshorej...@... wrote: Most people would not describe the NYTimes as a failing paper. Ahem... Times Co. to borrow against building By Richard Pérez-Peña Published: December 8, 2008 The New York Times Company plans to borrow up to $225 million against its mid-Manhattan headquarters building, to ease a potential cash flow squeeze as the company grapples with tighter credit and shrinking profits. The company has retained Cushman Wakefield, the real estate firm, to act as its agent to secure financing, either in the form of a mortgage or a sale-leaseback arrangement, said James Follo, the Times Company's chief financial officer. The Times Company owns 58 percent of the 52-story, 1.5 million- square-foot tower on Eighth Avenue, which was designed by the architect Renzo Piano, and completed last year. The developer Forest City Ratner owns the rest of the building. The Times Company's portion of the building is not currently mortgaged, and some investors have complained that the company has too much of its capital tied up in that real estate. The company has two revolving lines of credit, each with a ceiling of $400 million, roughly the amount outstanding on the two combined. One of those lines is set to expire in May, and finding a replacement would be difficult given the economic climate and the company's worsening finances. Analysts have said for months that selling or borrowing against assets would be the company's best option for averting a cash flow problem next year. Standard Poor's recently lowered its credit rating on the Times Company below investment grade, and Moody's Investors Service has said it was considering a similar move. Times Company stock, which has lost more than half its value this year, closed on Friday at $7.64, down 30 cents. More Articles in Business » A version of this article appeared in print on December 8, 2008, on page B2 of the New York edition. [Non-text portions of this message have been removed] Yahoo! Groups Links * To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ * Your email settings: Individual Email | Traditional * To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) * To change settings via email: mailto:asburypark-dig...@yahoogroups.com mailto:asburypark-fullfeatu...@yahoogroups.com * To unsubscribe from this group, send an email to: asburypark-unsubscr...@yahoogroups.com * Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
Re: [AsburyPark] Re: TriCityNews featured by the NYT for ignoring the Web
Now here’s a mature way to handle media layoffs. http://tinyurl.com/88rbaw _A Mature Way to Handle Media Layoffs - TV Decoder Blog - NYTimes.com_ (http://tvdecoder.blogs.nytimes.com/2008/12/22/a-mature-way-to-handle-media-layoffs/ ?hp) **One site keeps you connected to all your email: AOL Mail, Gmail, and Yahoo Mail. Try it now. (http://www.aol.com/?optin=new-dpicid=aolcom40vanityncid=emlcntaolcom0025) [Non-text portions of this message have been removed] Yahoo! Groups Links * To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ * Your email settings: Individual Email | Traditional * To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) * To change settings via email: mailto:asburypark-dig...@yahoogroups.com mailto:asburypark-fullfeatu...@yahoogroups.com * To unsubscribe from this group, send an email to: asburypark-unsubscr...@yahoogroups.com * Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
Re: [AsburyPark] Re: TriCityNews featured by the NYT for ignoring the Web
Rupert Murdoch's 2007 purchase of Dow Jones Co. placed him along side the likes of Sam Zell, who bought Tribune Co., and Bruce Toll, who bought the Philadelphia Inquirer, on the list of tycoons placing big (potentially contrarian) bets on newspapers. Richard Greenfield of Pali Capital Inc. had a dim assessment of News Corp.'s acquisition in a Thursday note. Greenfield called it stomach churning to listen to [News Corp.] management indicate that reported operating income actually suffered from the acquisition of Dow Jones and observed that News Corp. would have created more value for investors by donating $5.7 bn to charity than buying DJ. On Dec 22, 2008, at 5:43 PM, justifiedright wrote: --- In AsburyPark@yahoogroups.com, Jersey Shore John jerseyshorej...@... wrote: It is the one U.S. daily Murdoch currently owns. Ahem. Murdoch also owns the Wall Street Journal. Double Ahem. Facts matter. Not sure where you are going anyway. The point of the Times article is that other print is failing while TCN thrives. How does pointing out another paper that is not doing well (if you are right) detract from the point? Doesn't that support the point? [Non-text portions of this message have been removed] Yahoo! Groups Links * To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ * Your email settings: Individual Email | Traditional * To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) * To change settings via email: mailto:asburypark-dig...@yahoogroups.com mailto:asburypark-fullfeatu...@yahoogroups.com * To unsubscribe from this group, send an email to: asburypark-unsubscr...@yahoogroups.com * Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
Re: [AsburyPark] Re: TriCityNews featured by the NYT for ignoring the Web
Facts DO matter: The NYTimes is a globally respected daily newspaper, including a massive Sunday edition and dozens of stand- alone pull-out magazines and The TCN is a free weekly supermarket handout. And you're ridiculously comparing the two. Hysterical! On Dec 22, 2008, at 5:43 PM, justifiedright wrote: --- In AsburyPark@yahoogroups.com, Jersey Shore John jerseyshorej...@... wrote: It is the one U.S. daily Murdoch currently owns. Ahem. Murdoch also owns the Wall Street Journal. Double Ahem. Facts matter. Not sure where you are going anyway. The point of the Times article is that other print is failing while TCN thrives. How does pointing out another paper that is not doing well (if you are right) detract from the point? Doesn't that support the point? [Non-text portions of this message have been removed] Yahoo! Groups Links * To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ * Your email settings: Individual Email | Traditional * To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) * To change settings via email: mailto:asburypark-dig...@yahoogroups.com mailto:asburypark-fullfeatu...@yahoogroups.com * To unsubscribe from this group, send an email to: asburypark-unsubscr...@yahoogroups.com * Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
Re: [AsburyPark] Re: TriCityNews featured by the NYT for ignoring the Web
In a message dated 12/22/2008 7:17:29 P.M. Eastern Standard Time, oakd...@yahoo.com writes: from my world, yes it's interesting that they are profitable. I can think of then thousand websites that are proftable for one reason or another. === First link below indicates problems for some tech startups: Declining valuations are throwing a wrench into the gears of Silicon Valley's wealth machine. http://tinyurl.com/3fmpak Second one is great for the sense of humor some laid-off workers a have: At the American Society of Shit-Canned Media Elites Party... http://tinyurl.com/4jdbfy _A Wrench in Silicon Valley's Wealth Machine - BusinessWeek_ (http://www.businessweek.com/magazine/content/08_52/b4114082618241.htm) _Hustling, Networking, Drinking and Staying Optimistic - Advertising Age - TalentWorks_ (http://adage.com/talentworks/article?article_id=133387) Happy Hanukkah **One site keeps you connected to all your email: AOL Mail, Gmail, and Yahoo Mail. Try it now. (http://www.aol.com/?optin=new-dpicid=aolcom40vanityncid=emlcntaolcom0025) [Non-text portions of this message have been removed] Yahoo! Groups Links * To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ * Your email settings: Individual Email | Traditional * To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) * To change settings via email: mailto:asburypark-dig...@yahoogroups.com mailto:asburypark-fullfeatu...@yahoogroups.com * To unsubscribe from this group, send an email to: asburypark-unsubscr...@yahoogroups.com * Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
Re: [AsburyPark] Re: TriCityNews featured by the NYT for ignoring the Web
Hysterical! On Dec 22, 2008, at 8:30 PM, justifiedright wrote: --- In AsburyPark@yahoogroups.com, Jersey Shore John jerseyshorej...@... wrote: Facts DO matter: The NYTimes is a globally respected daily newspaper, including a massive Sunday edition and dozens of stand- alone pull-out magazines and The TCN is a free weekly supermarket handout. And you're ridiculously comparing the two. Hysterical! You are right John I shouldn't compare them. TCN is way better. [Non-text portions of this message have been removed] Yahoo! Groups Links * To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ * Your email settings: Individual Email | Traditional * To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) * To change settings via email: mailto:asburypark-dig...@yahoogroups.com mailto:asburypark-fullfeatu...@yahoogroups.com * To unsubscribe from this group, send an email to: asburypark-unsubscr...@yahoogroups.com * Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
