Finally, some confirmation it’s not just me about the Jounal. Today, investors have lowered Belo stock to junk status. This newspaper continues to die because of alienating their readers with sob stories about criminals and complete reprints of Taliban Times style BIASED reporting. Thanks Buddy for the financial info. If I remember correctly, a few weeks ago the largest shareholder of the Taliban Times sold their stock because of a feud over who controls the style of the reporting.I have officially been on reduced subscription ($8 per month) since the beginning of the year and always hated writing the $57 quarterly check for the daily delivery. Now I read a second hand copy the next day for nothing. All this from someone who has read & delivered this company’s newspaper for over 30 years.
In fact, the federally required printing chart was in yesterday’s paper and it states 161K weekly subscribers at $220 per year with 221K papers printed daily.
The Journal was our state’s (1M residents) only newspaper that mattered. A smart man could turn it around by buying the company, firing every local writer and hiring a boatload of investigators to keep the pressure on the how our elected leadership works over business to pass special interest laws. RI General Assembly #1 business rule: Everything is a deal, no deal too small. Rule #2: Don't talk if you can nod, don't nod if you can wink.
