tag:blogger.com,1999:blog-13073631.post5080989662606296612..comments2024-01-04T07:21:18.243-05:00Comments on John In Carolina: Is the Raleigh News & Observer for sale?Unknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-13073631.post-20763193606730423082008-12-09T00:55:00.000-05:002008-12-09T00:55:00.000-05:00John is usually correct. Could a group operate a c...John is usually correct. Could a group operate a competitive newspaper as a nonprofit? The liberal St. Petersburg Times is run through the Poynter Foundation. Could a competitor to the N&O be run through a conservative/libertarian think tank or foundation?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13073631.post-41771624078070246332008-12-08T16:18:00.000-05:002008-12-08T16:18:00.000-05:00I'm in the news business.John's right on every poi...I'm in the news business.<BR/><BR/>John's right on every point.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13073631.post-47915996314242159972008-12-08T11:21:00.000-05:002008-12-08T11:21:00.000-05:00Anon @ 12:15,There's been some talk of such a pape...Anon @ 12:15,<BR/><BR/>There's been some talk of such a paper but at this time, as far as I know, the talk is still very speculative.<BR/><BR/>One of the biggest problems for anyone thinking of getting into the print newspaper business is its now hard to make a profit and, other things being equal, will likely be even harder down the road.<BR/><BR/>To Anon @ 9:59,<BR/><BR/>I agree McClatchy is far more willing "to dump papers in more economically troubled areas."<BR/><BR/>But its need for cash is great - some would even say desperate - so it may have no choice but to sell any property there's a buyer for, rather then just the ones it wants to unload.<BR/><BR/>I was reading last evening the Tribune is taking steps that suggest its preparing to declare bankruptcy.<BR/><BR/>People far more familiar with McClatchy's situation than I say it too may soon have to consider bankruptcy if its not already doing so.<BR/><BR/>Thank you both for commenting.<BR/><BR/>JohnJWMhttps://www.blogger.com/profile/08275423713054782480noreply@blogger.comtag:blogger.com,1999:blog-13073631.post-82314309535251298982008-12-08T09:59:00.000-05:002008-12-08T09:59:00.000-05:00McC is unlikely to unload the N&O. It's st...McC is unlikely to unload the N&O. It's still reasonably profitable and they need the cash flow for debt service. <BR/><BR/>The company is far more likely to dump papers in more economically troubled areas, such as Florida and California that are a bigger drag on the bottom line.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13073631.post-5641594727538850862008-12-08T00:15:00.000-05:002008-12-08T00:15:00.000-05:00Are there any potential investors/buyers in North ...Are there any potential investors/buyers in North Carolina who would produce a nonpartisan newspaper and bring some ideological diversity to the left-liberal newsroom? Revenue isn't the N&O's biggest problem.Anonymousnoreply@blogger.com