Daily newspaper coming to Detroit

Sports Journalists Forum – Media, Newsroom & Reporting Talk

Help Support Sports Journalists Forum:

All of this issues would have been addressed without a shutdown if the owners were properly capitalized for starting a new business.
 
RickStain said:
All of this issues would have been addressed without a shutdown if the owners were properly capitalized for starting a new business.

Aren't the owners veterans of the newspaper business who have owned newspapers since the 60s? I am pretty sure they know what they are doing.
 
mustangj17 said:
RickStain said:
All of this issues would have been addressed without a shutdown if the owners were properly capitalized for starting a new business.

Aren't the owners veterans of the newspaper business who have owned newspapers since the 60s? I am pretty sure they know what they are doing.

How did they get their original newspapers? Were they pre-existing or did they start them from scratch?

They said earlier they had two months' expenses as starting capital. That's never enough to start a new business, and it was predictable what would happen back then. And sure enough, they didn't even make it a week in their first attempt.
 
RickStain said:
How did they get their original newspapers? Were they pre-existing or did they start them from scratch?

They said earlier they had two months' expenses as starting capital. That's never enough to start a new business, and it was predictable what would happen back then. And sure enough, they didn't even make it a week in their first attempt.

Twice in Detroit and in at least two other cities, they started papers from scratch.
 
Here are some bold claims

http://www.mlive.com/news/detroit/index.ssf/2009/11/another_detroit_daily_press_st.html
 
What a poorly-written, sophomoric pantload. On the other hand, it's on examiner.com, so it's gotta be the truth.
 
As an Amazon Associate we earn from qualifying purchases. Product prices and availability are accurate as of the date/time indicated and are subject to change.
Peg McNichol said:
RickStain said:
How did they get their original newspapers? Were they pre-existing or did they start them from scratch?

They said earlier they had two months' expenses as starting capital. That's never enough to start a new business, and it was predictable what would happen back then. And sure enough, they didn't even make it a week in their first attempt.

Twice in Detroit and in at least two other cities, they started papers from scratch.

And if I remember right, one of those cities was NYC.
 
The photo editor's blog was pretty interesting. I don't even know what to say about it.
 
Peg McNichol said:
RickStain said:
How did they get their original newspapers? Were they pre-existing or did they start them from scratch?

They said earlier they had two months' expenses as starting capital. That's never enough to start a new business, and it was predictable what would happen back then. And sure enough, they didn't even make it a week in their first attempt.

Twice in Detroit and in at least two other cities, they started papers from scratch.

and they still thought they had enough start-up money and a good plan? that says a lot. i understand you want to stand up for your company but maybe you should be concentrating on your own survival. the ddp coming back (and sticking around) sound very iffy at this point.
 
Fredrick said:
The photo editor's blog was pretty interesting. I don't even know what to say about it.

That photo editor was also featured in the Gannett Blog a few months ago when he was cut loose by the Freep. Looks like DMP bit him in the ass again.
 

Latest posts

Back
Top