QYFW
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Its not good for ANY BH properties (which are still mostly managed by the carryovers from Media General), except Omaha (maybe) ...
Could you expand on that?
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Its not good for ANY BH properties (which are still mostly managed by the carryovers from Media General), except Omaha (maybe) ...
In effect, Buffett appears to own newspapers not because he believes they have a future, but because he believes that they can produce cash flow—albeit declining amounts—while they are dying, and that this can be used for other investments. Berkshire Hathaway owns a number of investments of this kind, like Dairy Queen and See's Candies.
I thought I read that after the latest cuts Greensboro was down to an editorial staff of around a dozen. Is that true? Is Danville going to hire someone or has the sports department definitively been abolished?Also worth noting: I doubt you'll see a lot of cuts on the editorial side. Most of BH Media's papers are former Media General properties that were gutted, and BH Media slashed more jobs within the last year or two. Maybe some of the bigger papers -- Greensboro, Winston, Richmond -- lose a position or two, but most of the small papers are barebones operations with small sports staffs, or in the case of Danville, Va., no sports staff.
As burnswhenIpee noted, Lee has done many of the same nasty, repugnant cost-cutting moves as other large newspaper chains: slashing employees, sending layout and design to a handful of hubs, common pages in several different neighboring publications (the Lee Montana papers are notorious for this).
Hopefully for anyone at the BH papers, these types of moves already have been done.
The Waco paper isn't designed in Waco?Slashing has happened. Layout and design for some papers has gone to hubs in some places but definitely not all. We still do our layout in Tulsa, and we handle Waco's. College Station still does their own. I believe Richmond still does its own. Omaha definitely does its own. Common pages happens some but not a lot (I think; not super-familiar with our east coast properties).
Nope. We've been designing it here in Tulsa for a year or so now.The Waco paper isn't designed in Waco?