That there is quite a robust phrase.
Major advertiser Ray Brandt, CEO of Ray Brandt Automotive Group, said,
“New Orleans is a unique city, one of the ‘Jewel Boxes’ of America. To
deprive its citizens of the daily publication of their beloved Times-Picayune would be a mistake of unmeasurable proportions.”
Meanwhile, this week T-P staff are expected to learn their fates.
Slabbed has some speculation as to how that might come down.
This is a new world into which the Newhouse family is taking their
business and it is clear the beat journalist is endangered, especially
the experienced ones. Who will Mathews keep, seasoned journalists like
Becky Mowbray that sport salaries on the top end of the pay scale or
newbies just starting out? Will there still be 3 guys on the Jefferson
Parish beat or will it be cut? Will Mathews pull resources out of St
Bernard Parish like they did Plaquemines a few years ago?
Make no mistake at the end of this we’ll have less news for
consumption not more and therin lies the most daming criticism I’ve
heard of the Newhouse family: They are not investing in their business.
This more than anything else should tell everyone what kind of future
awaits the Newhouse chain as rumor has it the family does not have a
crushing debt load like Gannett and McClatchy that prevent new
investment at those outlets.
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