Sunday, 26 March 2017

Spring/summer 2017 open forum

Another season, another reason to stay in touch...

All of TSF's reliable tipsters have retired, been fired, been bought out or have sold out so feel free to enlighten us with TSF news that counts.

11 comments:

  1. interesting reading...I guess
    http://www.theglobeandmail.com/report-on-business/postmedias-problems-piling-up-with-print-revenue-declining/article34569674/

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  2. Quarterly results come out Thursday...So what's the better bet: a) More cuts to staff? b) Piecemeal sale of papers to keep the shrinking empire afloat? Or c) All of the above.

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    1. "c" with another bonus for the execs, cause they stayed on the sinking ship

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  3. only lost $26 million, not bad, thought a lot worse.

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  4. Conrad Black (yes, that Conrad Black) says the company's executives are doing a “deliberate power dive into bankruptcy” and have been “terribly incompetent” in handling the newspaper chain’s finances.

    You hate to agree with a Trump supporter, but ....

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  5. Well at least they are doing a good job. Guess there is much less stress at the top.

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  6. Three Southwestern Ontario ad guys were forced to say so long last week, another jumped ship on his own. The walls are closing in.

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  7. Some jobs saved in B.C. with a new contract. Not much hope for many others though. Anyone know who the ad guys are?

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  8. All so predictable. Reduced staff=reduced content = reduced readers = reduced revenue = more reductions.
    Post guys following in the footsteps of Quecor and slowly letting the industry wither on vine.

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  9. Exactly. The same cycle of the past decade, just accelerating to the end.

    The question is, when Postmedia goes bankrupt (in 2-3 years) who is going to want to buy any of the papers? Will most just shut down?

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    1. There might be a market for some of the larger ones, London, one of each of the now or soon to be amalgamated metro papers. Many of the smaller ones might have a place, if they had a press, but those are long gone. There are so few printers in the market now, it may come down to who can get a paper printed, cost effectively. Most offset printers print pre-prints, must be a lot of money in those. On that point what will happen to all of the remaining revenue from those said pre-prints? Those companies must be almost in panic mode wondering how they will get there messages into the marketplace., Online flyers are doing better but not the best...yet.

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