Tuesday, April 21, 2009

NY Times circles the drain

Re-arranging the deck chairs on the Titanic:
The New York Times Co. fell into a deeper financial hole during the first quarter as the newspaper publisher's advertising revenue plunged 27 percent in an industrywide slump that is reshaping the print media. Its shares dived Tuesday as investors prepared for the debut of Harvard-educated bore Ross Douthat on the op-ed pages of the struggling newspaper.
I might have added that last part.

UPDATE: David Boaz of the Cato Institute points out that the NYT can't get basic facts right.

1 comment:

  1. "Harvard educated" ... Is that a résumé enhancer or an oxymoron? Hell, for that matter, "being published by the NY Times."

    Neither today is much of a boasting point. Heh... that the NY Times should bomb because of the successful war it has waged on Education and Business and America in general.

    Yet schadenfreude is nowhere to be had. Perhaps the most honored, trusted Brand in American history has been corrupted and ruined by a dyslexic jackass and his cronies. Its editorial pages promoted the nanny-state parasitism that is eating away at one of the most beautiful cities in the world. It heralds Pulitzers for the oh-so-brave journalists who helped take-down its own favored - and actively supported - state Governor.

    Jackasses, the whole lot.

    The "Newspaper of Record" has a few vital stories to tell our children - long after it's gone - about the fall due to sheer arrogance. What a sorry waste.