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re: Benson wants to buy the Times Picayune

Posted on 7/26/12 at 8:42 pm to
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 7/26/12 at 8:42 pm to
No, I'm not sure how you interpreted it that way. My point is simply that it probably wouldn't cost a lot to meet the aforementioned "only an idiot would turn it down" threshold for him to buy the paper. I'm not disagreeing with you, I'm supporting your point.
Posted by lsutigers1992
Member since Mar 2006
25317 posts
Posted on 7/26/12 at 8:56 pm to
You do need a watchdog, though. In all seriousness, what if somebody REALLY had proof that Mickey Loomis was wiretapping? Would the TP investigate? Or would they reveal the identity of the whistleblower and make his life a living Hell?
Posted by VOR
New Orleans
Member since Apr 2009
68825 posts
Posted on 7/26/12 at 9:59 pm to
quote:

My point is simply that it probably wouldn't cost a lot to meet the aforementioned "only an idiot would turn it down" threshold for him to buy the paper.


Actually, given the Newhouse family's history and stated intentions (not just involving the TP), it would take a bigger idiot to offer the kind of money it would take for them to accept. I'm saying potential purchasers could offer that Philadelphia money and Steven Newhouse could very well refuse. The family has more money than they can spend, and this thing has become a fricking crusade with them. It has little to do with losing money on or the true value of the TP.
Posted by lighter345
Member since Jan 2009
11898 posts
Posted on 7/27/12 at 7:48 am to
This.

frick them.
Posted by Elleshoe
Wade’s World
Member since Jun 2004
143780 posts
Posted on 7/27/12 at 7:53 am to
quote:


Actually, given the Newhouse family's history and stated intentions (not just involving the TP), it would take a bigger idiot to offer the kind of money it would take for them to accept. I'm saying potential purchasers could offer that Philadelphia money and Steven Newhouse could very well refuse. The family has more money than they can spend, and this thing has become a fricking crusade with them. It has little to do with losing money on or the true value of the TP.



you sound like you know whats going on... can you give a run down of this whole situation with TP?
Posted by VOR
New Orleans
Member since Apr 2009
68825 posts
Posted on 7/27/12 at 8:26 am to
Just from what I've read about the Newhouse group (Advance Publications)and by talking to a couple of people who work for their publications in Alabama and, of course, the TP.

This switch to online is happening with several of their papers around the country. It's not just the TP that is being targeted.

No doubt, they want to cut costs in production, distribution, editorial staff and reporting. But it's more than that. They feel they are among the leaders taking traditional print media (specifically dailies) online. That's why I say, it's like a crusade with them. They don't give a shite about local concerns. They figure we'll buy in eventually because we'll have no alternative.
This post was edited on 7/27/12 at 8:56 am
Posted by Souljah
Audubon Park VIA Kingston,Jamaica
Member since Apr 2012
4269 posts
Posted on 7/27/12 at 10:21 am to
quote:

They figure we'll buy in eventually because we'll have no alternative.


You will have to, mon
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 7/27/12 at 10:49 am to
I'm not disagreeing with you.
Posted by VOR
New Orleans
Member since Apr 2009
68825 posts
Posted on 7/27/12 at 8:40 pm to
Oh, I know.
Posted by Fearthehat0307
Dallas, TX
Member since Dec 2007
65256 posts
Posted on 7/27/12 at 8:46 pm to
quote:

Oh, I know.
Posted by VOR
New Orleans
Member since Apr 2009
68825 posts
Posted on 7/27/12 at 8:55 pm to
Posted by SammyTiger
Baton Rouge, LA
Member since Feb 2009
79433 posts
Posted on 7/28/12 at 3:44 pm to
Benson buys all of new orleans... and Moves it to San Antonio. We become the San Antonio New Orleanians.
THe New Orleans Saints of San Antonio
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