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Several newspaper stocks hit all-time low

Discussion in 'Journalism topics only' started by SF_Express, Jul 11, 2008.

  1. SF_Express

    SF_Express Active Member

  2. PeterGibbons

    PeterGibbons Member

    The graph pretty much says it all for the state of the industry.
  3. BYH

    BYH Active Member

    This industry is not a cat. It will not land on its feet.
  4. jaredk

    jaredk Member

    And Sporting News continues its decline....
  5. Michael_ Gee

    Michael_ Gee Well-Known Member

    All stocks are getting crushed right now. That doesn't mean the newspaper business isn't in trouble, but the fact cited on this thread is not what I'd pick as exhibit A.
    GM has been cliff diving for the past year, but no one cites that as a sign people won't be driving cars in 10 years.
    Better to be long NYT shares this am than, oh, Fannie or Freddie.
  6. Jay Sherman

    Jay Sherman Member

    How's Sporting News bringing in all this talent if it's not making any money?
  7. jaredk

    jaredk Member

    Most of the new hires are replacing folks who weren't invited to move to Charlotte or chose to quit the company rather than leave their long-time home.
  8. Joe Williams

    Joe Williams Well-Known Member

    Are we getting to the point where the grunts of this business all ought to be getting individual contracts, to cover us when a company suddenly changes its mind or has a down quarter or otherwise needs to shed the newest hires?

    Given that we often are required to relocate and, if we're married, get a spouse to quit a legitimate job in the previous city, maybe the employers should be ponying up a little more income security, if not job security, by guaranteeing us two or three years.

    Hey, I can dream.
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