Business & Media Institute Director Dan Gainor appeared on the Fox Business Network January 31 to discuss reasons why The New York Times Company (NYSE: NYT) revenue numbers decreased recently - saying that its product is the problem.
"People have lost confidence in the media according to most studies...Most Americans understand that the...mainstream media are overwhelmingly liberal, overwhelming out of touch with a lot of their issues," Gainor said.
Gainor cited an instance where the Times was ran a story about veterans being more violent when they come back to the United States - turning "anecdotes into a loosely connected story and when you do that you alienate readers. They're the people that the Times work for. Journalists forget that."
Clay Waters of the Media Research Center's TimesWatch pointed out that the story, "Across America, Deadly Echoes of Foreign Battles" overlaid the troubles of Vietnam veterans on soldiers coming home from Iraq and Afghanistan. Waters also claimed January 14 that the Times also put too much emphasis on study to make an ideological point about the horrors of war.
The press release, January 31, explained the decrease in revenue:
The New York Times Company announced today that in December total Company revenues from continuing operations decreased 22.4% compared with December 2006, when our fiscal calendar included an additional week; excluding the estimated impact of the additional week in 2006, they decreased 8.2%. Advertising revenues decreased 25.2%; excluding the additional week, they decreased 12.0%. Circulation revenues decreased 17.8%; excluding the additional week, they increased 0.6%.
In addition to its own paper, The New York Times Company includes other news sources like the International Herald Tribune and The Boston Globe.
—Paul Detrick is a research analyst at the Business & Media Institute.
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THE NEW YORK SLIMES...
February 1, 2008 - 09:49 ET by danybhoyThe decline of the NYT is directly connected to the decline in trust of the MSM as a whole. ABC, NBC, CBS, CNN, & the other major market fishwraps follow their lead with what stories they cover & how they cover them.
Drudge Report, the conservative blogs, FNC, & talk radio will continue to kill the MSM like cancer. The quicker, the better in my opinion.
"Some of us are wise, some of us are otherwise" Mark Levin
They may be dying but they
February 1, 2008 - 12:19 ET by dscottThey may be dying but they haven't lost their potentcy in deceiving the public. Do not underestimate their ability even with loosing market share. Look what happened to Hunter and Thompson with their lack of coverage, there's still plenty of poison in those fangs. We need to redouble our efforts to drive the stake in the heart of the MSM.
I don't think the 2008 elections can be salvaged but we should take this opportunity to wipe out the MSM for the next go around, then we will be dealing on level ground with the liberals.
Hanlon's Razor: Never attribute to malice that which can be adequately explained by stupidity. dscott's corollary: The line between malice and stupidity is called depraved indifference.
Punch, Keller
February 1, 2008 - 12:45 ET by iveseenitallPinch, Keller et.al have dragged the NYT further into the mud of modern "liberalism" than it has ever been. The people know it and have shown their disgust by closing their wallets. Good riddance, NYT.
P.S. The NYT endorsed McCain; that says it all about those jokers.
NEVER,NEVER trust a "liberal"
Those are Double Digit issues for NYT
February 1, 2008 - 10:09 ET by JayTeeLooks like Hate America First isn't a good Profit Strategy for the NYT. It's just one month, December, maybe they will recover ?
IF not, then the NYT and company will be thinking the Economy is Lousy.....just because their Revenues are Lousy, and end up really being out of Touch with the Populace.
Maybe they should open up a new Paper Route in Northern Pakistan ?
Stimulis: Congress and the president are now agreed on remedies that will not work, expending money they do not have, to fix a problem that may not exist. Steve Chapman
OBITUARY FOR THE GRAY LADY
February 1, 2008 - 10:10 ET by Der AlteThe obituary for the Gray Lady can't be written soon enough to suit me. Don't you just hate it when bad things happen to such good people? Can you say "schadenfreude"?
NY Slimes
February 1, 2008 - 10:20 ET by HG AbrahamsonThe real irony here is that the savior of the Slimes (to the extent it can be saved) may well be their much hated nemisis, Ruppert Murdoch. He is clearly going to challenge "The Paper of Record" and one would have to be an idiot to bet against him. But the threat has apparently caused the Slimes to be a little less whacko liberal. The hiring of Bill Kristol, and some recent articles critical of the beast indicate to me that they are running scared and reluctantly trying to appeal to objective, sane readers. The recent expository piece on the bent ones despicable intervention to help a Canadian pal get a multi-billion dollar deal, and the canadian's response by giving millions to Bubbas library is a good example.
http://www.nytimes.com/2008/01/31/us/politics/31donor.html?_r=1&ref=politics&oref=slogin
The fact that is is old news, but only now surfacing makes the point. One wonders how many similar stories have been killed by Pinchie and has leftwing henchmen. This excellent piece also demonstrates the formidable investigative capablity of the slimes. If this weapon was used to look at liberals as well as conservatives the slimes may make it. But I wouldn't bet on it.
Difference of opinion is what makes a horse race.