Liberalism is on the run.
The New York Times is selling everything that isn’t nailed down. It is trying to sell the liberal Boston Globe. It sold its papers in Florida. It sold its share of the Boston Red Sox.
The Times is the voice of American liberalism. Its voice is turning into an old man’s croak. It stands on the street corner. “Paper, Mister? Buy a paper?”
“Our plan to sell the New England Media Group demonstrates our commitment to concentrate our strategic focus and investment on The New York Times brand and its journalism,” said Mark Thompson, chief executive of the Times Co., in a statement.
He said the Times was “proud of our association with the Globe” and Worcester Telegram & Gazette, but that “given the differences between these businesses and The New York Times, we believe that a sale is in the best long-term interests of these properties and the employees who work for them as well as in the best interests of our shareholders.”
Translation: “We tried to sell this turkey in 2009, but we got the union to buckle. It’s still a turkey. We will do anything we can to unload it.”
Management at the Times pretended for four years that the Boston Globe is not dying. They put it on life support. Now it should be put out of its misery.
Management at the Times played pretend. It pretended that all daily newspapers in large cities are not dying, including the Times.
The Times is a mastodon in a tar pit. The smaller ones have already sunk. It is sinking. It is trying to conceal the fact by selling assets.
Liberals bet on control of local newspapers as their way to control voters’ thinking. That strategy is dying. So are daily newspapers. Nothing can reverse this.
The current sale plan, in addition to the Globe and Worcester Telgram, includes BostonGlobe.com, Boston.com, Telegram.com and the Globe’s direct mail marketing company, GlobeDirect. It also would include the company’s 49 percent stake in Metro Boston.
Anyone with an ounce of sense, left the Boston Globe at least four years ago. The handwriting was on the wall. The free market had placed the Globe in the balance. It was found wanting.
So, let us delight in the Times‘ dilemma. The Times deserves it.
The poor schnooks who work at the Times hold on with the same desperation as their peers at the Boston Globe have. They think: “I work for the Times. I won’t happen to me.” Of course it will happen to them. The Times, like the Boston Globe, is going the way of all newsprint.
They pay $5,000 a month for a cramped, run-down apartment in the Big Apple. They could be working in Atlanta, buying a 2,500 square foot home for $125,000. But that would be beneath them.
In 10 years, they will take their six-month severance checks to their wives and say, “I have to start over.”
I love it.