Deep Impact

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newspaper_kijiji.jpg

h/t syncrodox


20 Comments

It really is a pity. Some of these local newspapers are quite good - a favorite of mine was the Barrie Examiner. They are often too unsophisticated to be politically correct, and a surprising amount of information comes from them.

I subscribed to the Barrie Examiner when I lived there in the 90's. It had a good mix of local and national / world news. I moved to the KW area and subscribed to The Record. I canceled that when Torstar bought them, and their commie columnists started appearing.

I'm from K-W originally and although I agree with you, the Waterloo Region Record (Waterloo has been steadily taking over Kitchener's civic institutions and running them better) is surprisingly good.

Lefties follow the money. Any business, non-profit or government will grow over time as the originally noble and hard-working people who set these institutions up are swallowed under a barnacle of left, soft-thinking, politically correct activists. Newspapers are no different. If there is money to be made, the number of lefties on staff will continue to grow in size and then overwhelm the original mandate with their politically correct crap.

Do you really think Alfred Nobel would have given anything but a swift kick in the ass to Al Gore or Obama?

Same thing with newspapers and MSM. Too bad.

This has got to be my hometown Lindsay This Week. Largely only adverts and such at this point. Shame to see the local paper for sale and at such a cheap price, too.

A propos of nothing, The Toronto Star online went behind a paywall this week. Sounds good to me - the less people that see that trash the better.

A newspaper advertised for sale on Kijiji.....

I love where it says "if interested please contact" ... I think he knows that everyone knows that print publication will continue to shrink and disappear as the last hold outs earn to use a mouse.

Interesting that most newspaper workers are the big lefties who oppose everything an hate enterprise .... Their brethren in the Eco freak business should be joyful that the tree killing is stopping along with the jobs that newspapers workers enjoyed so much.

Not to worry TorStar will buy it cheap as they have with most small local papers so they can propagandize the locals in lib-left globalism.

...at the same time tangible and free of 'bricks and mortar'...

But where do they keep their printing presses?

What exactly are they trying to sell for $69K?

"What exactly are they trying to sell for $69K?"

A business name & not much else.

I remember back in 1983 a guy tried to sell me a video arcade. So I asked him, "Ok, the arcade is in the mall so rent the premises. Am I buying the video machines?"

He mumbled, "Well no, the machines are rented".

I replied "So basically I'm buying a cash register and some ledgers with the business name on them. .....No thanks"

The future has already been written by its lack of subscribers.
You know it could be turned by having feature writers like Steyn & others of a Conservative bent.

With a Caption that reads :"No tolerance or inclusiveness zone. Nothing but real news for real people". Than make it mostly a Hot Air like blog.

I wonder why that ad wasn't in the newspaper he owns...

"A newspaper advertised for sale on Kijiji....."

Yup, you got to love it!

The victor gleefully posts the obituary of the foe he just vanquished...at the expense of the estate.

Because he wanted people to see it, rat. My cousin recently paid to list a Harley in his hometown paper and the local Thrifty Nickel. The ads ran for a couple weeks. Having no success, he listed the bike on Craig's List for free and got calls and texts and sold the bike right away.

Because there isn't enough capital in Peterborough that would be interested. It's an on-line publication only, which means you have no street sales or storefront public exposure.

John Lewis is essentially correct. You're buying the nameplate and whatever outstanding advertising contracts the paper has, along with its circulation list if it has one. On the downside, you're also buying any debts or liens it might have. $69K is a lot for a small weekly newspaper in a very small city.

Particularly true since it's a competitive market. TorStar owns the competing Peterborough this week. As a newspaper giant, they can simply run their publication at a loss, punch your lights out by lowering their ad rates below what you need to survive and clean up when you close up shop. THEN once you're out of business, TorStar moves the ad rates back up to where it makes a profit. Unless you have the cash to wait out TorStar, this is a buying opportunity where good money goes to die even if there's zero purchase price.

Exactly !

Revnant: the labourer is worthy of his hire, and conservative columnists cost money. If whoever is trying to sell this lemon had that kind of money, he wouldn't be selling for $69500 OBO.

My sister-in-law (the only one to whom I still speak) worked as an editor for a chain of small-town newspapers in Ohio before she married my brother. In retrospect I don't know how she came up with enough copy to string the want-ads together week after week. The villages served by each of these papers only had any news worth reporting once in a blue moon, unless you count high school football results and the weekly list of souls lost to drink (almost always housewives who could easily buy watered-down vodka at the local supermarket) sentenced to another 30 days in the county jail for DUI. Even when there was, the fact that my sister-in-law and brother were married by the mayor of one of the villages her paper served, a village where neither had ever lived, tells you that holding local government accountable was not the top priority of the editorial staff, so I can only guess what was hushed up over the years. I don't know who bothered to buy the things except for the want-ads---and today, those can be savoured on Craiglist, Kijiji and others of their ilk.

it does have value. but all the value is potential. local news has always been a small business.

the value lies in advertising/relevance (not print rates - forget the printing press) - and if a skilled individual were competent enough and willing enough to work long hours to "make a living" in the digital milieu - an offer could be made on the basis of a small percentage of net profits over 10-12 years. i would think that a down payment of 2k or 3k would be appropriate if a registered domain name (since 2002) is in the deal. :)

the business has very little value on thursday august 15 2013 and whatever value that can be demonstrated is in decline; and i would underline the following: "past performance is no indication of future results."

BUT --- if life in a small town appeals - it is a golden opportunity for an entrepreneur. peterborough has a population of 80,000 and that means that lots of stuff is going on.

This one heck of a sales job, Jeeze, I hope to learn to write that well. "its future will be written by you" ha ha ha ha ha, that's a good one.

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Recent Comments

  • bour3: This one heck of a sales job, Jeeze, I hope read more
  • johnnyonline: it does have value. but all the value is potential. read more
  • Dick Slater: Revnant: the labourer is worthy of his hire, and conservative read more
  • Eagle: Exactly ! read more
  • cgh: Because there isn't enough capital in Peterborough that would be read more
  • Mkelley: Because he wanted people to see it, rat. My cousin read more
  • Jamie MacMaster: "A newspaper advertised for sale on Kijiji....." Yup, you got read more
  • the rat: I wonder why that ad wasn't in the newspaper he read more
  • Revnant Dream: The future has already been written by its lack of read more
  • john: "What exactly are they trying to sell for $69K?" A read more