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First recorded activity by BoatBanter: Jun 2009
Posts: 122
Default More good news for America


"HK" wrote in message
news

The NY Post is run by Rupert Murdoch to further his conservative agenda.
It loses $50 million a year.

The Washington Times is run by Rev. Sun Myung Moon to further his
conservative agenda. By some estimates Rev. Moon has sunk $2 to $3 billion
into it and it has never been profitable.

The Pittsburgh Tribune-Review is run by Richard Mellon Scaife to further
his conservative agenda. It loses $20 to $30 million a year.

The Weekly Standard used to be owned by Murdoch to further his
conservative agenda but is now owned by Philip Anschutz to further his
conservative agenda. Either way, it loses $5 million a year.

Swiped from KOS




And the New York Times (liberal is its middle name) is on the verge of
bankruptcy. Tell it all or don't tell it at all.

Swiped from www.Breitbart.com at
http://www.breitbart.com/article.php...ow_article= 1

The New York Times Co. reported a steep drop in third-quarter profits on
Thursday, the latest gloomy earnings report in an industry battered by
online competition and falling print advertising revenue.

The New York Times Co. said net profit fell by 51.4 percent in the third
quarter to 6.5 million dollars, or five cents per share, from 13.4 million
dollars, or nine cents per share, in the same period a year ago.

The company, which owns About.com, The Boston Globe, International Herald
Tribune and 16 other daily newspapers besides the flagship The New York
Times, said overall advertising revenue fell by 14.4 percent during the
quarter.

Shortly after the release of its results, Standard & Poors said it was
lowering the Times's credit rating to "BB-," or junk status, while Moody's
Investors Service said it was placing it on review for possible downgrade.



 
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