Hearst buying Austin American-Statesman

[BYH 2: Electric Boogaloo]

Heart also just bought the Waterbury Republican-American in Connecticut, which had always been a solid paper through three generations of family ownership.

I heard Alden offered to kill them, err, buy them last year and the family said we'd rather fold...which they would have done if Hearst didn't make an offer.

 

[Deskgrunt50]

I heard Alden offered to kill them, err, buy them last year and the family said we'd rather fold...which they would have done if Hearst didn't make an offer.

That's great. Calling Alden infected, bleeding anal warts would be an insult to infected, bleeding anal warts.

 

[wicked]

Does Hearst have the resources to continue to play newspaper savior like they have? Austin, the CT papers they've been propping up for years, now Waterbury…

 

[LanceyHoward]

Does Hearst have the resources to continue to play newspaper savior like they have? Austin, the CT papers they've been propping up for years, now Waterbury…

I think worse case for Hearst is that they turn Waterbury into a ghost and use material from their other papers in the state and generate of revenue. I think next to nothing for the paper.