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New publisher: Atlanta Journal-Constitution losing $1 million per ... WEEK

Discussion in 'Journalism topics only' started by FileNotFound, Jan 15, 2009.

  1. FileNotFound

    FileNotFound Well-Known Member

    http://blogs.creativeloafing.com/freshloaf/2009/01/15/ajc-is-losing-1-million-a-week/

    If true, that certainly puts a dent in the "they're still MAKING money, just not as much as they want" argument.

    Question: Is it true? Calculated per employee, that's a GM-esque burn rate.
     
  2. Simon_Cowbell

    Simon_Cowbell Active Member

    Franklin is just the latest Chainsaw Al Dunlap.

    Asshole sliced and diced Palm Beach before tucking tail and running to his next Jonestown.
     
  3. KG

    KG Active Member

    Two of my acquaintances got the axe from the AJC yesterday. They were both only part-time to begin with, but their positions were eliminated. I'm expecting the axe to fall many more times in the next six or so months.
     
  4. Mizzougrad96

    Mizzougrad96 Active Member

    A million a week? What is this a Kevin Costner movie?

    I am longing for the days of about six years ago when the AJC sports section was one of the five best in the country.
     
  5. Fran Curci

    Fran Curci Member

    KG: I assume your acquaintances were in the newsroom?
     
  6. slappy4428

    slappy4428 Active Member

    That number is just stunning...
     
  7. Drip

    Drip Active Member

    Yes, the Grim Reaper is alive and well in Atlanta.
    Missou, I'm afraid those days are gone forever.
     
  8. MileHigh

    MileHigh Moderator Staff Member

    You could say that about a lot of sports sections.
     
  9. Justin_Rice

    Justin_Rice Active Member

     
  10. KG

    KG Active Member

    Well this is sad. I'm not sure how many work there, but another whole warehouse of their home delivery people are losing their jobs.

    Fran,
    No. They worked in home delivery.
     
  11. hondo

    hondo Well-Known Member

    If they're losing $1 million a week, in a city like Atlanta (with only one paper), then their ad staff couldn't sell ass on a troopship.
     
  12. Simon_Cowbell

    Simon_Cowbell Active Member

    Absolutely right.
     
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