Comments on: Updated: Boston Globe, Guild Agree To Agree, But What Does It Mean? http://paidcontent.org/2009/05/06/419-boston-globe-guild-agree-to-agree-but-what-does-it-mean/ The economics of digital content Sat, 25 May 2013 21:53:55 +0000 hourly 1 http://wordpress.com/ By: Tom Walker http://paidcontent.org/2009/05/06/419-boston-globe-guild-agree-to-agree-but-what-does-it-mean/#comment-69723 Thu, 07 May 2009 15:05:27 +0000 http://paidcontent.wp.gostage.it/2009/05/06/419-boston-globe-guild-agree-to-agree-but-what-does-it-mean/#comment-69723 The NYT cleared some rubble out of the way to save what it could, probably boston.com. They are only doing what all organizations, including govt ones, will need to do with unpayable benefits. The difference between the Globe, Circuit City and Chrysler, is that the Globe was #1 and CC a shaky #2 and Chrysler #3. If the NYT had done this during the election, McCain might have won. Even the great liberal bastion was caught up in the economics of our time. So everyone else would be. All three companies shared marketing issues: Younger people don't read papers; online news thought to be more reliable than newspapers; Chyrsler moved from # 3 out of 3 to one of 10 to 20 car companies Americans bought from regularly, and CC was only the latest failure in the electronics business (CompUSA, Computer City, and many others fell down recently; BBY is down even with CC out).

The real deal here is Boston people are not interested enough to save the Globe; it has passed its time of that importance. Either way, the paper as a paper is over, now or in the near future; the online version may or may not continue.

At the same time, truly local papers in the 128/495 belt in particular, are doing well, reporting more news, and being more news v. editorial oriented.

]]> By: Staci D. Kramer http://paidcontent.org/2009/05/06/419-boston-globe-guild-agree-to-agree-but-what-does-it-mean/#comment-69722 Wed, 06 May 2009 23:21:16 +0000 http://paidcontent.wp.gostage.it/2009/05/06/419-boston-globe-guild-agree-to-agree-but-what-does-it-mean/#comment-69722 Josh — I don't think the Globe is off death watch either but I still don't see anything immediate under current circumstances.

]]> By: Josh http://paidcontent.org/2009/05/06/419-boston-globe-guild-agree-to-agree-but-what-does-it-mean/#comment-69721 Wed, 06 May 2009 21:47:24 +0000 http://paidcontent.wp.gostage.it/2009/05/06/419-boston-globe-guild-agree-to-agree-but-what-does-it-mean/#comment-69721 The only reason NYT did not file the closure paperwork and why the unions conceded is to present a cleaner picturer for potential buyers. The Globe is by no means off death watch.

I don't think there is a newspaper out there with the exception of WSJ that anyone would consider a potential investment, unless they could get it for about .10 cents on the dollor.

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