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	<title>Comments on: The Tribune Company Sale: An Object Lesson in the Price of Biased Reporting?</title>
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	<link>http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/</link>
	<description>The Business End of the Blogosphere</description>
	<pubDate>Sat, 22 Nov 2008 17:49:14 +0000</pubDate>
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		<title>By: TBlumer</title>
		<link>http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114266</link>
		<dc:creator>TBlumer</dc:creator>
		<pubDate>Wed, 11 Apr 2007 02:27:05 +0000</pubDate>
		<guid isPermaLink="false">http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114266</guid>
		<description>#13, Yawn. OK:

- NYT is down about 35% or so in 8 years, but they're as biased as anyone can get.
- Gannett appears to be up about 10% or so since a trough of July 2000. USA Today is tolerable, as are some of their other papers. Some aren't. On balance, though, less biased and performing better.

The better indicators are subscriber numbers. LAT has gone from about 900,000 to 775,000 in about 18 months or less. Losing a few % is understandable. Dropping in the neighborhood of 14% in a short time is an indicator that it's more than just a glacial change in habits. OC Register and other local papers have not declined precipitously.

The point about the Times dragging the Trib down is that the other papers haven't suffered subscriber losses like LAT (though they have declined some), so  it would be fair to ascribe a large portion of Trib's deterioration to the LAT.

Newspapers IN GENERAL are suffering from intractable bias, because journalists have set themselves apart and feel that certain topics, certain viewpoints, and covering certain events is beneath them. The pervasive attitudes in the entire industry have hastened their decline. Other forms of info and entertainment are filling the void they left wide open. It's a comeuppance they've virtually been begging for.</description>
		<content:encoded><![CDATA[<p>#13, Yawn. OK:</p>
<p>- NYT is down about 35% or so in 8 years, but they&#8217;re as biased as anyone can get.<br />
- Gannett appears to be up about 10% or so since a trough of July 2000. USA Today is tolerable, as are some of their other papers. Some aren&#8217;t. On balance, though, less biased and performing better.</p>
<p>The better indicators are subscriber numbers. LAT has gone from about 900,000 to 775,000 in about 18 months or less. Losing a few % is understandable. Dropping in the neighborhood of 14% in a short time is an indicator that it&#8217;s more than just a glacial change in habits. OC Register and other local papers have not declined precipitously.</p>
<p>The point about the Times dragging the Trib down is that the other papers haven&#8217;t suffered subscriber losses like LAT (though they have declined some), so  it would be fair to ascribe a large portion of Trib&#8217;s deterioration to the LAT.</p>
<p>Newspapers IN GENERAL are suffering from intractable bias, because journalists have set themselves apart and feel that certain topics, certain viewpoints, and covering certain events is beneath them. The pervasive attitudes in the entire industry have hastened their decline. Other forms of info and entertainment are filling the void they left wide open. It&#8217;s a comeuppance they&#8217;ve virtually been begging for.</p>
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		<title>By: Bernard Gilroy</title>
		<link>http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114262</link>
		<dc:creator>Bernard Gilroy</dc:creator>
		<pubDate>Tue, 10 Apr 2007 22:55:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114262</guid>
		<description>This is of course completely uninformative unless you include a comparison to how the industry as a whole (including supposedly non-biased elements) is doing.  Newspapers everywhere (in America, at least) have been struggling, and 2000 is pretty good watershed year for when they went over the cliff.  How well or poorly did other newspapers handle this transition?

Oh, but then that might weaken your diatribe against "liberal media bias".  Whereas in reality, the bias exposed in this post is in fact &lt;a href="http://en.wikipedia.org/wiki/Confirmation_bias" rel="nofollow"&gt;confirmation bias&lt;/a&gt; -- and it's on the part of the poster.</description>
		<content:encoded><![CDATA[<p>This is of course completely uninformative unless you include a comparison to how the industry as a whole (including supposedly non-biased elements) is doing.  Newspapers everywhere (in America, at least) have been struggling, and 2000 is pretty good watershed year for when they went over the cliff.  How well or poorly did other newspapers handle this transition?</p>
<p>Oh, but then that might weaken your diatribe against &#8220;liberal media bias&#8221;.  Whereas in reality, the bias exposed in this post is in fact <a href="http://en.wikipedia.org/wiki/Confirmation_bias" rel="nofollow">confirmation bias</a> &#8212; and it&#8217;s on the part of the poster.</p>
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		<title>By: wise-inc.info &#187; Orchestrating Success: Improve Control of the Business with Sales &#38; Operations Planning.</title>
		<link>http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114243</link>
		<dc:creator>wise-inc.info &#187; Orchestrating Success: Improve Control of the Business with Sales &#38; Operations Planning.</dc:creator>
		<pubDate>Mon, 09 Apr 2007 14:47:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114243</guid>
		<description>[...] Tribune &#60;b&#62;Company&#60;/b&#62; Sale: An Object Lesson in Old Media Decline [...]</description>
		<content:encoded><![CDATA[<p>[&#8230;] Tribune &lt;b&gt;Company&lt;/b&gt; Sale: An Object Lesson in Old Media Decline [&#8230;]</p>
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		<title>By: NixGuy.com &#187; Explaining Google</title>
		<link>http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114226</link>
		<dc:creator>NixGuy.com &#187; Explaining Google</dc:creator>
		<pubDate>Mon, 09 Apr 2007 11:50:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114226</guid>
		<description>[...] Also see Bizzyblog&#8217;s indepth review of just what it was that Sam Zell bought, and how much he paid for the newspaper part of the business.Â  Answer?Â  Not very much. [...]</description>
		<content:encoded><![CDATA[<p>[&#8230;] Also see Bizzyblog&#8217;s indepth review of just what it was that Sam Zell bought, and how much he paid for the newspaper part of the business.Â  Answer?Â  Not very much. [&#8230;]</p>
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		<title>By: TBlumer</title>
		<link>http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114202</link>
		<dc:creator>TBlumer</dc:creator>
		<pubDate>Mon, 09 Apr 2007 10:53:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114202</guid>
		<description>#7, Patterico.com has made his reputation fisking the LA Times (he has so much to work with, and probably can't get to half of what he could).

#8, The wailing and gnashing of teeth will be entertaining.

#9, sometimes I think the Beeb is morphing into the UK branch of Al Jazeera. I think that the TV subsidy should end, and the Beeb should be privatized.</description>
		<content:encoded><![CDATA[<p>#7, Patterico.com has made his reputation fisking the LA Times (he has so much to work with, and probably can&#8217;t get to half of what he could).</p>
<p>#8, The wailing and gnashing of teeth will be entertaining.</p>
<p>#9, sometimes I think the Beeb is morphing into the UK branch of Al Jazeera. I think that the TV subsidy should end, and the Beeb should be privatized.</p>
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		<title>By: Chris Allen</title>
		<link>http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114189</link>
		<dc:creator>Chris Allen</dc:creator>
		<pubDate>Mon, 09 Apr 2007 10:07:43 +0000</pubDate>
		<guid isPermaLink="false">http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114189</guid>
		<description>We are facing the same kind of decline in the UK - where the Independent and the Guardian have, as "National" newspapers roughly 250,000 and 340,000 daily sales on a Population of 60 million. They are chasing falling sales by moving further from the mainstream and pandering to the prejudices of their most vocal readers.

The Independent especially is now effectively a specialist paper for the anti-war and climate change lobbies.

I truly fear for what this wil mean for UK journalism in the long run.

Similarly, the BBC news service is "chasing" a political agenda and becoming further and further seperated form its' licence payers. I am no great fan of media subsidy, but it is very sad to see an organisation destroy itself because of the political views of its' editorial staff.

I think that the UK, like the US old media requires a heavy dose of market realism to end this sad decline.</description>
		<content:encoded><![CDATA[<p>We are facing the same kind of decline in the UK - where the Independent and the Guardian have, as &#8220;National&#8221; newspapers roughly 250,000 and 340,000 daily sales on a Population of 60 million. They are chasing falling sales by moving further from the mainstream and pandering to the prejudices of their most vocal readers.</p>
<p>The Independent especially is now effectively a specialist paper for the anti-war and climate change lobbies.</p>
<p>I truly fear for what this wil mean for UK journalism in the long run.</p>
<p>Similarly, the BBC news service is &#8220;chasing&#8221; a political agenda and becoming further and further seperated form its&#8217; licence payers. I am no great fan of media subsidy, but it is very sad to see an organisation destroy itself because of the political views of its&#8217; editorial staff.</p>
<p>I think that the UK, like the US old media requires a heavy dose of market realism to end this sad decline.</p>
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		<title>By: Orbit Rain</title>
		<link>http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114087</link>
		<dc:creator>Orbit Rain</dc:creator>
		<pubDate>Mon, 09 Apr 2007 05:23:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114087</guid>
		<description>...I've been telling people to cancel their subscriptions for years now, I'm glad financial control is being wrested from its negligent caretakers...only good things will happen when they start telling the truth, the whole truth, and nothing but the truth...

...dream dram dream...

a man can dream</description>
		<content:encoded><![CDATA[<p>&#8230;I&#8217;ve been telling people to cancel their subscriptions for years now, I&#8217;m glad financial control is being wrested from its negligent caretakers&#8230;only good things will happen when they start telling the truth, the whole truth, and nothing but the truth&#8230;</p>
<p>&#8230;dream dram dream&#8230;</p>
<p>a man can dream</p>
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		<title>By: Jim Rockford</title>
		<link>http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114083</link>
		<dc:creator>Jim Rockford</dc:creator>
		<pubDate>Mon, 09 Apr 2007 03:21:14 +0000</pubDate>
		<guid isPermaLink="false">http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114083</guid>
		<description>Biased reporting is critical to the erosion of local readers.

LAT is notorious for ignoring politically incorrect crime, scandals, etc associated with illegal immigrants, inner city gangs, crime rates, etc.</description>
		<content:encoded><![CDATA[<p>Biased reporting is critical to the erosion of local readers.</p>
<p>LAT is notorious for ignoring politically incorrect crime, scandals, etc associated with illegal immigrants, inner city gangs, crime rates, etc.</p>
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		<title>By: Pundit Review &#187; Blog Archive &#187; Weekend Links</title>
		<link>http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114082</link>
		<dc:creator>Pundit Review &#187; Blog Archive &#187; Weekend Links</dc:creator>
		<pubDate>Mon, 09 Apr 2007 03:02:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114082</guid>
		<description>[...] BizzyBlog&#8217;s Tom Blumer says The Tribune Company Sale: An Object Lesson in the Price of Biased Reporting? I believe that the sale of The Tribune Company last week to investor Sam Zell is an unrecognized low-water mark in the newspaper publishing business. In fact, after subtracting the value of the Tribuneâ€™s non-newspaper properties from the deal, what little value remains indicates that the value of having access to a newspaperâ€™s readers is a mind-boggling 70% less than it was a mere seven years ago. [...]</description>
		<content:encoded><![CDATA[<p>[&#8230;] BizzyBlog&#8217;s Tom Blumer says The Tribune Company Sale: An Object Lesson in the Price of Biased Reporting? I believe that the sale of The Tribune Company last week to investor Sam Zell is an unrecognized low-water mark in the newspaper publishing business. In fact, after subtracting the value of the Tribuneâ€™s non-newspaper properties from the deal, what little value remains indicates that the value of having access to a newspaperâ€™s readers is a mind-boggling 70% less than it was a mere seven years ago. [&#8230;]</p>
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		<title>By: TBlumer</title>
		<link>http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114080</link>
		<dc:creator>TBlumer</dc:creator>
		<pubDate>Mon, 09 Apr 2007 02:23:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114080</guid>
		<description>#4, it's relevant, but I don't think it accounts for a knockdown of 70% in value. The bias, being out of touch, and the obsession with PC (can't call illegal aliens illegal, etc.) has taken a toll.</description>
		<content:encoded><![CDATA[<p>#4, it&#8217;s relevant, but I don&#8217;t think it accounts for a knockdown of 70% in value. The bias, being out of touch, and the obsession with PC (can&#8217;t call illegal aliens illegal, etc.) has taken a toll.</p>
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		<title>By: Mahlon Stacy</title>
		<link>http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114079</link>
		<dc:creator>Mahlon Stacy</dc:creator>
		<pubDate>Mon, 09 Apr 2007 02:19:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114079</guid>
		<description>I think you are underestimating the impact that the internet has had on the entire publishing industry. As a full time RVer, I often see papers from around the country. The ones that seem to be most on point to me are the ones that push hard to cover local stories with excellence, such as the Naples (FL) Daily News. While the tribune properties are still making lots of money, their growth is unlikely. Bloggers have made some major wins, and classifieds are unable to compete effectively with Craig's list. While there are still large numbers of interested people who don't use the internet, their numbers are declining.</description>
		<content:encoded><![CDATA[<p>I think you are underestimating the impact that the internet has had on the entire publishing industry. As a full time RVer, I often see papers from around the country. The ones that seem to be most on point to me are the ones that push hard to cover local stories with excellence, such as the Naples (FL) Daily News. While the tribune properties are still making lots of money, their growth is unlikely. Bloggers have made some major wins, and classifieds are unable to compete effectively with Craig&#8217;s list. While there are still large numbers of interested people who don&#8217;t use the internet, their numbers are declining.</p>
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		<title>By: Cyber Cossack &#187; Blog Archive &#187; Death Spiral of the Media.</title>
		<link>http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114077</link>
		<dc:creator>Cyber Cossack &#187; Blog Archive &#187; Death Spiral of the Media.</dc:creator>
		<pubDate>Mon, 09 Apr 2007 02:16:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114077</guid>
		<description>[...] Another Leftist accomplice of Communist Genocide plummets in value.   Posted in media &#124;    No Comments &#187; [...]</description>
		<content:encoded><![CDATA[<p>[&#8230;] Another Leftist accomplice of Communist Genocide plummets in value.   Posted in media |    No Comments &raquo; [&#8230;]</p>
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		<title>By: Cyber Cossack &#187; Blog Archive &#187; Death Spiral of the Media</title>
		<link>http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114076</link>
		<dc:creator>Cyber Cossack &#187; Blog Archive &#187; Death Spiral of the Media</dc:creator>
		<pubDate>Mon, 09 Apr 2007 02:11:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114076</guid>
		<description>[...] BWAHAHAHA.   Posted in Ukraine &#124;    No Comments &#187; [...]</description>
		<content:encoded><![CDATA[<p>[&#8230;] BWAHAHAHA.   Posted in Ukraine |    No Comments &raquo; [&#8230;]</p>
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		<title>By: JorgXMcKie</title>
		<link>http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114075</link>
		<dc:creator>JorgXMcKie</dc:creator>
		<pubDate>Mon, 09 Apr 2007 02:09:18 +0000</pubDate>
		<guid isPermaLink="false">http://www.bizzyblog.com/2007/04/08/tribune-company-sale-an-object-lesson-in-old-media-decline/#comment-114075</guid>
		<description>Oh, sure.  Like newspaper readers actually *read* and care about what's in the newspaper.  /sarcasm off.</description>
		<content:encoded><![CDATA[<p>Oh, sure.  Like newspaper readers actually *read* and care about what&#8217;s in the newspaper.  /sarcasm off.</p>
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