Author Topic: New York Times Mediasaur Downgraded to Junk  (Read 2432 times)

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Offline bijou

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New York Times Mediasaur Downgraded to Junk
« on: July 25, 2008, 05:27:03 PM »

Quote
Warren Buffet famously said the internet was good for capitalism, not capitalists. The New York Times is supposedly the world's premier newspaper and is learning the meaning of that truth. The internet will kill newspapers, Guido has been telling sceptical dead tree hacks this for years. The Guardian's expensive shiny new HQ being built in Kings Cross will be a museum eventually. This affirmation has come across the wire

NEW YORK (Standard & Poor's)-- Standard & Poor's Ratings Services today placed its ratings for The New York Times Co., including the 'BBB-' corporate credit rating, on CreditWatch with negative implications.
Just in case some old hacks from the non-profit sector of journalism don't understand what that means, Guido will spell it out slowly - the "Gray Lady" is going to non-investment "junk" status. J - U - N - K. 98 Pulitzer prizes, "All the news that's fit to print" and they are trying to cut costs to survive. Blogalypse.
...

http://www.order-order.com/2008/07/new-york-times-mediasaur-downgraded-to.html

Guido is one of Britain's most read political blogs, he is also very good. 

Tragic news for the NYT.  :rotf:



Offline Uhhuh35

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Re: New York Times Mediasaur Downgraded to Junk
« Reply #1 on: July 25, 2008, 06:03:09 PM »
I don't think the internet would have killed to many papers if those same papers had any integrity at all and just published the facts. I think a lot of publishers still haven't realized the public has an alternative to the "527 Advocate News".
Too funny.
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Offline VelvetElvis

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Re: New York Times Mediasaur Downgraded to Junk
« Reply #2 on: July 25, 2008, 06:05:01 PM »
My heart pumps piss for Pinch Sulzberger.  Couldn't happen to a nicer guy. :whatever: :loser:
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Offline franksolich

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Re: New York Times Mediasaur Downgraded to Junk
« Reply #3 on: July 25, 2008, 06:13:38 PM »
Guido has a really hilarious web-site there, bijou.

Well worth bookmarking.
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Offline Lord Undies

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Re: New York Times Mediasaur Downgraded to Junk
« Reply #4 on: July 25, 2008, 06:21:26 PM »
The sad part for them is they've had the tools for success all along.  All they had to do was remember in which country they are publishing and stop trying to be "European Socialists' #1 newspaper - We Report, You Nod".

Offline Ptarmigan

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Re: New York Times Mediasaur Downgraded to Junk
« Reply #5 on: July 25, 2008, 07:53:59 PM »
Well gees, everyone has to come down eventually including the NY Times. You can't always be number one forever. I didn't even know they had stock. Gasp! Oh well. Too bad for them. Life is not fair.
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Offline Hawkgirl

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Re: New York Times Mediasaur Downgraded to Junk
« Reply #6 on: July 25, 2008, 07:57:09 PM »
This is not exactly new news.  The NY Times has lost it's good grace at least 10 years ago...and that's being generous.  Only respectable rag in New York is the Wall Street Journal.

Offline Lord Undies

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Re: New York Times Mediasaur Downgraded to Junk
« Reply #7 on: July 25, 2008, 08:20:58 PM »
This is not exactly new news.  The NY Times has lost it's good grace at least 10 years ago...and that's being generous.  Only respectable rag in New York is the Wall Street Journal.

You are kidding, right?  If the news division of the WSJ leans any farther left it will tumble over into New Jersey.

Offline Hawkgirl

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Re: New York Times Mediasaur Downgraded to Junk
« Reply #8 on: July 25, 2008, 08:25:11 PM »
This is not exactly new news.  The NY Times has lost it's good grace at least 10 years ago...and that's being generous.  Only respectable rag in New York is the Wall Street Journal.

You are kidding, right?  If the news division of the WSJ leans any farther left it will tumble over into New Jersey.

Really?  That's not how I remember it...maybe it's changed.

Offline Chris_

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Re: New York Times Mediasaur Downgraded to Junk
« Reply #9 on: July 25, 2008, 08:32:33 PM »
This is not exactly new news.  The NY Times has lost it's good grace at least 10 years ago...and that's being generous.  Only respectable rag in New York is the Wall Street Journal.

You are kidding, right?  If the news division of the WSJ leans any farther left it will tumble over into New Jersey.

Really?  That's not how I remember it...maybe it's changed.

There was some 'independent' study of media bias done (I forget who did it) and they pinned the WSJ as the most liberal.

Doesn't matter, I just go there to read OpinionJournal.com.  James Taranto makes up for whatever else they print in that paper.
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Offline Duke Nukum

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Re: New York Times Mediasaur Downgraded to Junk
« Reply #10 on: July 25, 2008, 09:01:27 PM »
This is not exactly new news.  The NY Times has lost it's good grace at least 10 years ago...and that's being generous.  Only respectable rag in New York is the Wall Street Journal.
I like Investor's Business Daily.  I just get the weekend edition but just about the whole thing is useful information.
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Offline Ptarmigan

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Re: New York Times Mediasaur Downgraded to Junk
« Reply #11 on: July 25, 2008, 09:03:01 PM »
If the media admitted to their biases, I wouldn't mind. At least they would be truthful. But since they don't admit to it, I have problems with that. I didn't know WSJ was really left leaning.
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Offline Lord Undies

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Re: New York Times Mediasaur Downgraded to Junk
« Reply #12 on: July 25, 2008, 09:06:28 PM »
If the media admitted to their biases, I wouldn't mind. At least they would be truthful. But since they don't admit to it, I have problems with that. I didn't know WSJ was really left leaning.

A lot of people do not realize it because it it a sort of hybrid.  The editorial staff tends to be conservative - the newsroom is a Marxist's playground. 

Offline Airwolf

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Re: New York Times Mediasaur Downgraded to Junk
« Reply #13 on: July 25, 2008, 09:25:43 PM »
The sad thing is that they control their own destiny,much like we ourselves do. They set the stage for their own failure when they decided that it was ok to fake news stories and write opinon as facts. You might get a certain amount of people to read or watch your material but it isn't what you need. What you need for success is for everyone to get access to your news and your do that by being as unbiased as posssible. It's hard yes but whats harder is closing the doors and firing your staff over your political views rather then post the facts.It does suck to be them.
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Offline Ptarmigan

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Re: New York Times Mediasaur Downgraded to Junk
« Reply #14 on: July 25, 2008, 09:35:12 PM »

A lot of people do not realize it because it it a sort of hybrid.  The editorial staff tends to be conservative - the newsroom is a Marxist's playground. 

Yeah, newsroom is a different world from the real world. Also, very cut throat environment that is very competetive. I can imagine all the drama in a newsrooom. They want to get the big news there and make a name for themselves because of Carl Bernstein and Bob Woodward for breaking the Watergate Scandal.

It is really hard to get a journalist job because I had friends who had degrees in journalism and few worked for a newspaper. They even went to college with good journalism programs. They ended up with different jobs. Tell the truth, anyone can be a journalist.

They got an old boy system, hence why I call the so-called main stream media the legacy media, which Rush Limbaugh coined I think. 
« Last Edit: July 25, 2008, 09:43:01 PM by Ptarmigan »
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Offline PatriotGame

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Re: New York Times Mediasaur Downgraded to Junk
« Reply #15 on: July 26, 2008, 10:51:56 AM »
This is not exactly new news.  The NY Times has lost it's good grace at least 10 years ago...and that's being generous.  Only respectable rag in New York is the Wall Street Journal.

Actually, the NYT began its slide from grace in 1969 when a front page read: "GOD IS DEAD!"
The corresponding article went on to say that God is dead in America and no one cares about God or Christianity anymore.
Smart huh?
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Offline JohnnyReb

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Re: New York Times Mediasaur Downgraded to Junk
« Reply #16 on: July 26, 2008, 03:51:26 PM »
Junk, huh? Still to highly rated.
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Offline DumbAss Tanker

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Re: New York Times Mediasaur Downgraded to Junk
« Reply #17 on: July 28, 2008, 01:10:07 PM »
I don't think the internet would have killed to many papers if those same papers had any integrity at all and just published the facts. I think a lot of publishers still haven't realized the public has an alternative to the "527 Advocate News".
Too funny.

My heart bleeds for them, NOT.  I don't think it's an intentional disregard for facts that's killing them, it's their belief that they ARE sticking to the facts when in reality they are on a hopelessly-slanted soapbox for their own view of the 'how it oughts to be.'  On top of that, their slanted view is held in common with almost all of the other dead tree "news" media, so there is very little to set them apart from all the other fishwrappers except for cost and weight. 
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Offline Lauri

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Re: New York Times Mediasaur Downgraded to Junk
« Reply #18 on: July 29, 2008, 10:59:19 AM »
I don't think the internet would have killed to many papers if those same papers had any integrity at all and just published the facts. I think a lot of publishers still haven't realized the public has an alternative to the "527 Advocate News".
Too funny.

when i was growing up in the 70s and 80s and every single news story on tv started with: "According to a new poll in the New York Times" ... or, "A new study, as reported in the New York Times" was all I ever heard. I didnt even think it was a newspaper back then, I just thought all of our news came from one source; The New York Times.

thank God me, and the rest of the country, grew up and realized what was happening.