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Wednesday, March 6, 2013

Breaking news: The Newhouses are rich

This seems kind of petty.

Comments (8)

To the barricades!!

Does WW get the fact that dead tree media is dying and dying fast, and it's not the Newhouse's fault?

I say the daffodils are very very pretty.

Actually, the Columbia Journalism Review article that is linked to by willyweek is actually a VERY interesting story, and I can absolutely see it being repeated darn near all over the country (not just Newhouse owned paper markets).

Recommend that all read the CJR story. Its a little long, but time well spent.

Cheers, It's Mike

You know what really pisses me off about these guys? They are filthy stinking rich and they never even finished college. No fair!

Ad pages may be up for some publications but circulation is still down -- hardly translates into increased wealth; instead driven by Bernanke's squad running the printing presses at the Fed.

That is why they are called the Newhouses and not the Oldhovels.

This is just a small part of why I so strongly believe that regular Oregonians should no longer be forced to pay top dollar for legal notices printed on dead trees. We should have a single, publicly-owned, web-based system that operates for the public benefit and provides revenue for legal aid, while slashing legal/public notice costs for the 938 special districts and local governments (meaning saving all Oregonians big dollars in taxes).

Samples from three separate months suggest that the subsidy to newspapers from legal notices in the "newspapers of general circulation" requirement is on the order of $30 million a year. The Oregon Newspaper Publishers' Assn. says that it inflated because of the tidal wave of foreclosures -- interrupted by the Niday case, which put nonjudicial foreclosures in Oregon on a brief hiatus. Even if it's only 1/3 of $30 million, it's a gigantic subsidy to the 1%, paid straight out of the pockets of taxpayers and regular folks unlucky enough to have to do a legal notice ad.

Oregon deserves better. We can have better, at lower cost, and give every single sentient being in Oregon easier, more reliable, faster access to legal notices, through a variety of means, in more languages and with consideration for people with handicaps. But we have to beat the folks who buy ink by the barrel and who have threatened to go to war to prevent this.


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