tag:blogger.com,1999:blog-34120288.post9033406743219380153..comments2023-06-06T12:42:51.141-04:00Comments on Herald Watch: McClatchy to go private?Henry Louis Gomezhttp://www.blogger.com/profile/03167391252653145914noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-34120288.post-972036379839450592008-08-04T22:19:00.000-04:002008-08-04T22:19:00.000-04:00Anonymous, I disagree. Newspapers like the Herald...Anonymous, I disagree. Newspapers like the Herald were giving away their product well before the internet. I mean do you really think that newspaper you get at a newstand, from a new dispenser box or from a street vendor costs less than 35 cent asking price? Of course not. Newspapers make their money like other "free" media does, through advertising. <BR/><BR/>The 35 cents is a token that Henry Louis Gomezhttps://www.blogger.com/profile/03167391252653145914noreply@blogger.comtag:blogger.com,1999:blog-34120288.post-63024222496491592512008-08-04T19:52:00.000-04:002008-08-04T19:52:00.000-04:00The newspaper business is dying not because of the...The newspaper business is dying not because of the internet. It is dying because they started giving their product away for free on the internet.<BR/>It befuddles me that news, which is expensive to report on, is routinely given away for free.<BR/>Why, pray tell, would you buy the cow, if you can get the milk for free?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34120288.post-40470812030822733872008-07-26T17:01:00.000-04:002008-07-26T17:01:00.000-04:00There's no need for putting the word "private" in ...There's no need for putting the word "private" in quotes, going private also means that shares of a company is no longer available for the public to trade freely...and henry louis gomez is right, the time for the newspaper business to change to a news business is here, what a great opportunity for a private firm to change things up.Anonymoushttps://www.blogger.com/profile/12198364736123202581noreply@blogger.comtag:blogger.com,1999:blog-34120288.post-40614583625822670892008-07-21T14:55:00.001-04:002008-07-21T14:55:00.001-04:00Oh and thanks for the interesting links Joseph.Oh and thanks for the interesting links Joseph.Henry Louis Gomezhttps://www.blogger.com/profile/03167391252653145914noreply@blogger.comtag:blogger.com,1999:blog-34120288.post-42261871224395703352008-07-21T14:55:00.000-04:002008-07-21T14:55:00.000-04:00The newspaper business is dying. The news busines...The newspaper business is dying. The news business is not. The newspapers need get in the news business.Henry Louis Gomezhttps://www.blogger.com/profile/03167391252653145914noreply@blogger.comtag:blogger.com,1999:blog-34120288.post-49531178865472754212008-07-21T10:17:00.000-04:002008-07-21T10:17:00.000-04:00Consider..."Imagine what higher-ups at the (Washin...Consider...<BR/>"Imagine what higher-ups at the (Washington) Post must have thought when focus-group participants declared they wouldn't accept a Washington Post subscription even if it were free. The main reason (and I'm not making this up): They didn't like the idea of old newspapers piling up in their houses."<BR/><BR/>...and...<BR/><BR/>"The Post experience merely mirrors the results of a Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34120288.post-37833441511024711032008-07-21T00:36:00.000-04:002008-07-21T00:36:00.000-04:00Thanks for the clarification.I guess it would depe...Thanks for the clarification.<BR/><BR/>I guess it would depend on who acquires it. I've seen a couple of private turnarounds like the one at Burger King Corp. that have worked quite well. They acquired the company, fixed what was broken and then took it public successfully.Henry Louis Gomezhttps://www.blogger.com/profile/03167391252653145914noreply@blogger.comtag:blogger.com,1999:blog-34120288.post-25558380493219695092008-07-21T00:30:00.000-04:002008-07-21T00:30:00.000-04:00Small thing, but the word "privatization" is typic...Small thing, but the word "privatization" is typically used when you're taking about a government service or entity that is sold or taken over by a for profit entity or private investors.<BR/><BR/>And for the record: going private would probably be the best fucking thing for the Herald.Anonymousnoreply@blogger.com