Editors think it’s the kiss of death to include words like “still” in headlines and “continued” in first paragraphs. It’s like admitting to readers that you didn’t have anything new to report. So why do I say that The New York Times is still thinking about making people pay to get news on its website? Because Times Executive Editor Bill Keller told readers on Tuesday that the Times is still thinking about doing this — and that made for a lot of news.
News Corp is many things to many people. Its latest incarnation? Pinata.
Everyone is taking a whack at Rupert Murdoch’s international media empire these days as its stock languishes and it gets ready to report second-quarter financial results on Thursday. Newspaper advertising revenue is falling, the movie season hasn’t looked so hot so far, MySpace is unlikely to friend Facebook, the euro and the pound are hurting European operations, DVDs are dying and cable networks revenue doesn’t look like it will be able to compensate.
Brian Tierney doesn’t dispute that U.S. newspapers are in trouble; he just wants to know why they can’t tell the good side of the story. That led to this article in today’s Philadelphia Inquirer, the paper he owns along with a group of investors:
We’ve heard in recent days that The New York Times has gotten some interest in its stake in the Boston Red Sox, but it seems like whatever offers are being discussed, they must not be enough for the publisher.
Wall Street analysts pestered new Yahoo CEO Carol Bartz with all kinds of questions during her first quarterly earnings call, and she answered as candidly as she could, frequently pointing out the fact that she’s still learning the ropes and getting to know the business.
The New York Times and GateHouse Media arrived at a general understanding on Monday of how Web links work. That’s good timing because they were supposed to go to trial over it today. Here’s the brief back story, courtesy of The Associated Press:
The story of rich billionaires buying troubled newspapers is one that has been told before, but never with headlines that practically nod and wink at you like this one from the Financial Times: