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wickowick
LSU Fan
Head of Island
Member since Dec 2006
27818 posts
Online

Obama Economy Hits Media: NYT and Time announce major layoffs

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quote:

As many as 700 -- almost ten-percent of the overall staff -- are on the chopping block at Time Magazine. According to New York Magazine, a whole herd of top-level sacred cows at the New York Times will be given the non-choice of a buyout or a forced layoff within the next few weeks.

And in both cases, it's due to "rapidly declining advertising revenue."


quote:

But that's their choice; it's a free country, right? And while I don't wish anyone long-term unemployment in Obama's jobs-barren economy, that doesn't mean the karma of the situation isn’t worth noting. The problem old media is facing with "rapidly declining advertising revenue" isn't only due to the fact that they "suck." It also has to do with the job performance of a failed president they went all-in on to elect and re-elect.



Queen
LSU Fan
383 miles from Death Valley
Member since Nov 2009
2788 posts

re: Obama Economy Hits Media: NYT and Time announce major layoffs
Not that layoffs have nothing to do with the economy...

But media has been a volatile industry for a while now. Reporters at traditional papers who have not embraced online have been on the chopping block for a long time.


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heehaw
LSU Fan
Member since May 2009
4584 posts

re: Obama Economy Hits Media: NYT and Time announce major layoffs
Probably has more to do with newspapers/magazines becoming obsolete. They cant compete with the Internet.


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Jbird
Iowa Fan
In Odramaville with EthanL
Member since Oct 2012
20408 posts

re: Obama Economy Hits Media: NYT and Time announce major layoffs
Could it be that both these rags are horrible hack operations?


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SM6
Navy Fan
Chicago
Member since Jul 2008
6628 posts

re: Obama Economy Hits Media: NYT and Time announce major layoffs
Explain how the layoffs in this instance directly correlates to Obama


FightinTigersDammit
Northwestern St. Fan
Farmerville LA
Member since Mar 2006
9555 posts
Online

re: Obama Economy Hits Media: NYT and Time announce major layoffs
Didn't Time just name him 'Man of the Year'?


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wickowick
LSU Fan
Head of Island
Member since Dec 2006
27818 posts
Online

re: Obama Economy Hits Media: NYT and Time announce major layoffs
quote:

Explain how the layoffs in this instance directly correlates to Obama


I don't read NYT or Time because I feel they are very left leaning and promote an agenda for Obama. I bet many others feel the same. This causes less subscriptions and sales. Less sales causes a reduction in ad revenue. Less revenue leads to layoffs...

:rimshot:


TOPAL
LSU Fan
Member since Mar 2010
954 posts

re: Obama Economy Hits Media: NYT and Time announce major layoffs
Yea, I wouldn't wipe my arse with those Liberal circle jerk publications.


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Alahunter
Alabama Fan
Member since Jan 2008
87704 posts

re: Obama Economy Hits Media: NYT and Time announce major layoffs
Never read the nyt, but did quit reading time a while back because of the slant.


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Rohan2Reed
Grambling Fan
ATL, shorty.
Member since Nov 2003
74240 posts
Online

re: Obama Economy Hits Media: NYT and Time announce major layoffs
God this is fricking stupid. Yeah, Obama is the reason for newspapers having to scale back. He started the ball rolling on this 15 years ago by inventing new media.

Give me a break. But hey, he's the newest easy target for fricking morons who don't know shite about the world outside of the right-slanted nonsense they are fed.


Alahunter
Alabama Fan
Member since Jan 2008
87704 posts

re: Obama Economy Hits Media: NYT and Time announce major layoffs
Not wanting to read slant from the left doesn't automatically mean someone is far right.


Rohan2Reed
Grambling Fan
ATL, shorty.
Member since Nov 2003
74240 posts
Online

re: Obama Economy Hits Media: NYT and Time announce major layoffs
Never having read the NY Times and still calling it left-slanted liberal rag DOES give me the right to call someone a fricking moron.


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