10-15-2009, 09:36 AM
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Jeff
Member
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Join Date: May 2009
Location: Somewhere
Posts: 5,255
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Quote:
Originally Posted by Jim VB
I don't think the timing mattered, Jeff. Every newspaper and every magazine in the country is in some serious financial trouble right now. Electronic media had eaten away at their circulations and, more importantly, at their advertising revenue.
Niche media, catering to small groups, such as SCD have fared worse than even the mainstream guys. Over the next couple of years, we're going to see almost every big city newspaper file Chapter 11.
I wish SCD well, but their long range prognosis isn't good, and it's probably not their fault.
I'm not excusing their relationship with CC, just stating that it probably helped keep them alive for a few extra years.
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Jim,
You may very well be right. I guess I am old school as I still take delivery of two newspapers daily. Nothing quite like the 5:30 AM cup of coffee and the editorials before the brood storms the Bastille.
Jeff
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