The NYT delivering Obama his state run media on a platter.

NO problem! Obamarama will simply bail it out, make it state-owned and rename it "Pravda West". Brilliant!

The end of newspapers as you knew them below.

Cheers

Hans-Christian Georg Rupprecht, Commander in Chief

Frankenstein Battalion
2nd Squadron: Ulanen-(Lancers) Regiment Großherzog Friedrich von Baden(Rheinisches) Nr.7(Saarbrucken)
Knecht Rupprecht Division
Hans Corps
1st Saint Nicolaas Army
Army Group “True North”

Plastic Logic to build fab in Dresden

http://www.eetimes.eu/design/196800580

John Walko
EE Times Europe
01/03/2007 9:39 AM

LONDON — Plastic Logic has chosen a site in Dresden, Germany, to build a plant to make flexible active-matrix display backplanes based on polymer semiconductor materials , and has raised $100 million (£51 million) equity in a finance round to fund the commercialization of the technology and pay for the facility.

The technology will enable the creation of electronic books where the content is downloaded wirelessly and flexible electronic newspapers.

Rupert Murdoch "GETS IT".

http://news.cnet.com/8301-10787_3-10098194-60.html

Murdoch to media: You dug yourself a huge hole

With newspapers cutting back and predictions of even worse times ahead, Rupert Murdoch said the profession may still have a bright future if it can shake free of reporters and editors who he said have forfeited the trust and loyalty of their readers.

"My summary of the way some of the established media has responded to the internet is this: it's not newspapers that might become obsolete. It's some of the editors, reporters, and proprietors who are forgetting a newspaper's most precious asset: the bond with its readers," said Murdoch, the chairman and chief executive officer of News Corp. He made his remarks as part of a lecture series sponsored by the Australian Broadcast Corporation.

Murdoch to journalists: Shape up or risk extinction
(Credit: Dan Farber)

Murdoch, whose company's holdings also include MySpace and the Wall Street Journal, criticized what he described as a culture of "complacency and condescension" in some newsrooms.

"The complacency stems from having enjoyed a monopoly--and now finding they have to compete for an audience they once took for granted. The condescension that many show their readers is an even bigger problem. It takes no special genius to point out that if you are contemptuous of your customers, you are going to have a hard time getting them to buy your product. Newspapers are no exception."

The 77-year-old Murdoch, recalling a long career in newspapers that began when his father's death forced him to take over the Adelaide News in 1952, said the profession has failed to creatively respond to changes wrought by technology.

"It used to be that a handful of editors could decide what was news-and what was not. They acted as sort of demigods. If they ran a story, it became news. If they ignored an event, it never happened. Today editors are losing this power. The Internet, for example, provides access to thousands of new sources that cover things an editor might ignore. And if you aren't satisfied with that, you can start up your own blog and cover and comment on the news yourself. Journalists like to think of themselves as watchdogs, but they haven't always responded well when the public calls them to account."

To make his point, Murdoch criticized the media reaction after bloggers debunked a "60 Minutes" report by former CBS anchor, Dan Rather, that President Bush had evaded service during his days in the National Guard.

"Far from celebrating this citizen journalism, the establishment media reacted defensively. During an appearance on Fox News, a CBS executive attacked the bloggers in a statement that will go down in the annals of arrogance. '60 Minutes,' he said, was a professional organization with 'multiple layers of checks and balances.' By contrast, he dismissed the blogger as 'a guy sitting in his living room in his pajamas writing.' But eventually it was the guys sitting in their pajamas who forced Mr. Rather and his producer to resign.

"Mr. Rather and his defenders are not alone," he continued. "A recent American study reported that many editors and reporters simply do not trust their readers to make good decisions. Let's be clear about what this means. This is a polite way of saying that these editors and reporters think their readers are too stupid to think for themselves."

Murdoch.Asteroid.Not.Waiting.
Murdoch to media: You dug yourself a huge hole
http://tinyurl.com/5ladbf

"flexible active-matrix display backplanes based on polymer semiconductor materials"

Or one could simply read an...oh I don't know...BLOG...on one's...um...computer...

453M in the hole, yikes!

Perhaps Obama can use the money his campaign short paid staff during the election to bail out the NYT. They did vote to "spread the wealth".

By wildest dream is in site!

Of course, there are a lot of leftards with trust funds and/or nepotistic spots on foundations who would love to throw money at the NYT to save their propaganda arm.

Commander in Chief, Amazon already covered that base with the assistance of MIT. It's called a Kindle. On my Christmas list.

Just like the socialism it pushes, the Leftist MSM will eventually collapse, one outlet after another...

Starting with the NYT, perhaps.

The future of news is online.

Boy, them "progressives" are sooooo slow to adapt, aren't they? Some "progress" they're making...

Viva la free market for news!

This is the Judas silver the NYT's hoped for. By stealth, lying, covering up & screening Obama. The get there money to lie another day. This is what its about folks so lose the cherry.

Only hours after Mediapost reported that The New York Times had a negative net worth, President-Elect Barack Obama announced a $5 billion bailout rescue package for the media concern.

Why don't you ever mention the problems at CanWest, which is just about bankrupt?

New 52 week low of $7.00 made today.

I wonder about stock market people some times. I mean, who are the idiots out there holding this turkey who think its worth $7.00?

Faster, please. I wanna see a really BIG crater when this thing finally augers in.

Len, you do know that the CANWEST chain is owned by the Aspers right, big Liberal supporters.... The dad was a Liberal politician while the daughter is big in the Musuem of Human Rights, doesn't sound very right wing to me but if you want to gloat about their downfall, feel free....

Not a lot of thinkers on this blog.

Revnant Dreams, I believe this piece was satire.

ok4ua says: "Not a lot of thinkers on this blog."

I observed that a company which owes $450 million some odd MORE than it has in assets and whose income is declining faster than they pay their bills, such a company might not be worth $7 a share.

I'm wrong? ok4ua has a differing opinion? Please share with us your analysis, that we may be enlightened by your awesome Leftitude, O great one.

Phantom...using ok4ua's logic(or lack thereof) then shares in ANY company in the US of A should be worth about 21 bucks a pop. After all,they are almost a trillion in debt,3x's what the Grey Corpse is!!!

Wow! Times sure change!

NYT owned the big newsprint mill at Kapuskasing started in the 1920's and in the 1960's when the unit trains of newsprint cars had finished being loaded you could hear the racket from the Diesel Locomotives every day all over town as they tried to get that monster to start rolling and get up to speed on its way to NYC. Perhaps that is where the saying originated about "Don't get into a fight with people who order newsprint by the trainload and printer's ink by the tanker truck".

Electronic newsprint not my thing either but Electronic oled wallpaper for my home, that would be awesome.

RW:
I guess your right.

Constant lying and inverting truths has not been so profitable for these commies has it. Pregnant "man" has baby and is pregnant again, the war on terror is lost, Obama has no terrorist friends that we can see. Hope the death of these lying pricks is slow and costly so there is no hope of a return to lying in newsprint. As Canwest continues to employ the cranky faces that they do,Don Martin, that continue to bring down the econmy with their gloom and doom it was funny to hear David Asper on his radio with his own gloom and doom man, Diddler online, trying to stop the slide of stock markets before the election, sorry boy can't have it both ways, a majority Harper govt. could have helped this situation but you pathetic media liars chose to straddle the fence. Only a nutless man can straddle a fence without wincing in pain and moving on.

Perhaps Rush Limbaugh is waiting for it to hit bottom before he buys it...

commsguy:

I subscribe to the National Post, and I thought they supported Harper throughout the campaign. Individual columnists wrote their opinions, and well I certainly don't agree with everything Don Martin (for example) writes, at least he tries to make a case for his opinions, as opposed to the typical lefty tactic of calling people names. And I do agree with some of his criticisms; I don't think the Tories ran a particularly effective campaign, except for portraying Dion as less than competent. They certainly weren't forthright about introducing policy, and when they did announce minor policy changes (like cuts in arts funding and changes to the YCJA), they showed remarkably inept timing (these piddling changes couldn't have waited until after the election?), which doubtless cost them their majority.

As for CanWest's financial results - they took massive writedowns on their broadcasting business, not their papers. And while e-papers might have some utility, will I be able to scribble my crossword on them, fold them into my pocket, or use them to cover my head in a rain shower?