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Public offer: $5M for The Charlotte Observer

3 点作者 GoRudy8 个月前

2 条评论

GoRudy8 个月前
I love the way he's thinking about this. I think the subscription estimates are a little optimistic and the payroll is too high but overall it makes sense.
PaulHoule8 个月前
I grew up in Manchester, NH where the <i>Manchester Union Leader</i> was run by a right wing fanatic<p><a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;William_Loeb_III" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;William_Loeb_III</a><p>and then his wife Nackey (Larouchites learned to rue leaving a dead cat on her doorstep) and then by the McQuaid family which was another old rich family long associated with the paper. My understanding is that it is still a stable business and that the folks involved have some spunk and integrity (they are still conservatives but the backed Gary Johnson in 2016 and Biden in 2020 because they don&#x27;t think Trump is conservative)<p>I live close to Ithaca, NY now where the <i>Ithaca Journal</i> has been run by Gannett for more than a century, frequently the headlines have nothing to do with our community and people might laugh at you if they see you with a paper because the paper seems to be a page shorter every time you see it. It used to be you&#x27;d see local election results in the Journal the next morning, but the Journal didn&#x27;t post them until 2:30 pm the next day and got scooped by all the weekly papers. There&#x27;s a movement to get the legal filings out of the Journal because it is doing much less for the community than the weeklies.