Comments on: Moving Day For La Socialista?

By: baker

baker — Wed, 26 Nov 2008 04:14:31 +0000

I’d say the recent series about DHEC was anything but a defense of the status quo or bureaucrats.

By the way, are daily papers in this region with more conservative editorial pages doing better financially, or is this just a trend with the the print media, generally?

By: Not Sayin', Just Sayin'

Not Sayin', Just Sayin' — Tue, 25 Nov 2008 19:28:13 +0000

La Socialista has already gotten rid of its masthead. Can the rest be far behind?

By: Regulus@binarymoon

Regulus@binarymoon — Tue, 25 Nov 2008 18:47:50 +0000

I’m not sure about your assertion that The State is on the ropes. While McClatchy and other newspaper companies are indeed struggling, operations such as The State are almost certainly still making a decent profit. The problem for the folks who run The State is that it’s not enough to keep their corporate masters happy.

For many years, I understand The State earned between 15-20 percent profit annually. Yes, the advent of the Internet has cut sharply into the paper’s profit margin, but I’d be greatly surprised if the paper was actually losing money. Remember, even with increased competition for readers from television and sites such as FITS News, they’re still the only game in town in terms of local print journalism, and advertisers know that.

That doesn’t mean that McClatchy wouldn’t sell The State and other newspapers to try and placate Wall Street, but for many public newspaper companies, franchises such as The State and The Myrtle Beach Sun News – both of which essentially hold monopolies in their markets – are still lucrative operations.

By: Gen. Longstreet

Gen. Longstreet — Tue, 25 Nov 2008 17:29:44 +0000

Yes, yes. Raze it then salt the earth for good measure — just like the Romans did to Carthage. And just like we should do with the infernal Peach Orchard and the Wheatfield. Hood, McLaw — strike the tent!