Honey, We Shrunk The Times

By Greg Michael

The New York Times plans to narrow the size of its flagship newspaper and close a printing plant, resulting in the loss of 250 jobs, in a move to stop the decline of its stock value and keep major shareholders from a revolt or from bolting altogether.

The changes are still a way off, why report that now?

It may be because The Times will be reporting some mediocre financials in the next day or two. This tidbit on the lowly production job cuts are meant as red meat for shareholders. The cuts are planned to take place in April 2008, including the closure of a printing plant in Edison, New Jersey. The company will consolidate its regional printing facilities at a plant in Queens. The newspaper will be narrower by 1 1/2 inches. Some of their loyal high-end advertisers will wonder why they are paying the same rates or even more for a smaller space, but  most of the ad agencies are used to the new format. USA Today has  used that slim format for more than a decade.

The reports it expects the changes to result in savings of $42 million (over what time frame? Is this proper disclosure under Sarbanes-Oxley?).

The narrower format will reduce the space the paper has for news by five percent, Executive Editor Bill Keller said in an online article (Is that all Mr. Keller? What about the space for the advertisers who help pay for your summer home in the Hamptons?) 

Actaully, the Times was one of the last holdouts on the standard, slimmer format. The Times will in two years, join with most major papers that made the switch several years ago, including The Washington Post, San Francisco Chronicle, Houston Chronicle,  Chicago Tribune and . They have reduced their size as they cut newsprint and other production costs and try to stem the continual loss of readers and advertising to the Internet and other media.

Years late and several million dollars short in making the change, due to an editor-centric management culture unique to The Times, rather than a business-led organization.

Imagine if Disney would let artists run the company and own all shareholder voting rights. Goofy management decisions. The Times has created the two-tiered stock scheme with voting rights preserved for a small inner-circle of family members and elite editors. The lion’s share  of stockhoders are  just happy little dwarfs.

Another chief indicator was reported, that Times Chief Financial Officer Leonard Forman will retire in 2007 after the company names a successor. (He’d leave for the Hamptons today, if he could).

Getting out while the getting is good

Forman was president of The New York Times Magazine Group from 1998 until it was sold in 2001. Analysts believe Forman was in charge of cleaning up the books and window dressing the magazines that were sold at about the same time that the paper was sold.

The Gray Lady doesn’t have much more to lose.

90 thoughts on “Honey, We Shrunk The Times

  1. The stockholders (with no voting rights) voted “no” to the PR move that in two years the NY Times would follow the industry standard and trim 1.5 inches of newsprint from each page (and shut down a small printing plant).

    On the evening of July 17, The New York Times announced plans to cut the width of its pages by one and a half inches, or 11 percent.

    On July 18, New York Times stock dropped from 23.18 cents a share to 22.67 cents–a decline of 2.2 percent.

  2. I believe everything posted made a lot of sense. But,
    what about this? suppose you typed a catchier title?
    I am not saying your information isn’t good, but suppose you added something to possibly grab people’s attention?
    I mean Honey, We Shrunk The Times | The end of elite liberal media empires and rise of
    citizen journalism is kinda boring. You could peek at Yahoo’s front page and watch how
    they create article headlines to grab people to open the links.
    You might add a video or a pic or two to grab people interested about everything’ve got to say.
    In my opinion, it would make your website a little

  3. The company has been producing these typess of products for moree
    than fifty years. Thus, individduals can obtain better features thaat can help them make their skin soofter aand smoother.
    Sweating- Sweating in a sauna will allow your body to
    draw toxins out your body therefore improving

  4. What i do not realize is in fact how you’re no longer actually much more smartly-appreciated than you may be now.
    You are so intelligent. You already know thus significantly on
    the subject of this topic, made me individually imagine it from so many various angles.

    Its like men and women are not involved unless it is
    something to accomplish with Lady gaga! Your personal stuffs excellent.
    At all times handle it up!

  5. A few years ago, one of our local residents, Mac Vorce, who is also a bicycle enthusiast petitioned
    for the development of bicycle paths and trails. Think
    of this as a way to document your improvements over time, and eventually it will be a very
    effective PR tool. After you do all this, you
    are ready to start performing in front of people for money.

  6. I am now not sure where you are getting your information,
    but great topic. I must spend a while studying much more or figuring out more.
    Thank you for excellent information I used to be looking for this info for my mission.

  7. What the heck i just read? The primary thing is to
    check with a physician in advance of making use of this product.
    The extract of African Mango is offered as pills and tablets and talking to the physician will provide you a very
    clear perception of the point that will it fit your needs or not.
    The product typically suits the wants of the persons but exclusions are
    always there. So, it is advisable to make certain you usually are not the main one which
    can not work with this product. Another problem is concerning the amount.

    It is advisable to question your personal doctor in regards to the consumption
    and be unique about it authentic African Mango.
    WOW.Nice read here. The real step to precisely how
    the product will work is that it can be a dual action diet supplement, meaning that functions as being an diet
    enhancing drug plus a “fat burner”. This actually signifies that it oxidizes fat cells through the use of anti-oxidants, and also ends up with more energy for you – but only when know how to
    have authentic African Mango in the right manner.A lot of diet goods currently available are meant near reving up your metabolic process,
    which is not really healthy for many individuals – and this is the reason why many folks decide to get African Mango extract instead.

  8. You have a very good point of view here.African Mango originated from a herb located throughout India, Asia and Indonesia and
    used inside of Ayurvedic medicines. This flower appearance is definitely yellow and
    pumpkin shaped. The best common identity for this plant will
    be Gambooge. In Asia or throughout various other areas
    of the entire world, this plant is employed to keep
    various foodstuff as very well as a preparation for distinct foods delicancy.

  9. You have a very good point of view here.African Mango originated from a vegetable located throughout India, Asia and Indonesia and used inside Ayurvedic medicines.
    This herb appearance is usually yellow and pumpkin shaped.
    The most common term for this herb can be Gambooge. In Asia or throughout many other areas of
    the universe, this herb is employed to safeguard various foodstuff as well
    as a preparation for precise foodstuff delicancy.

  10. What the heck i just read? The initial thing is to check with
    your doctor in advance of making use of this supplement.

    The extract of African Mango is offered such as capsules and products and asking a physician will
    provide you a transparent knowledge of the point that will it fit your preferences or not.

    This product typically fits the wants of all the people but exceptions are usually
    there. So, you need to be sure you aren’t the one that could not use this solution.
    Essential problem is concerning the dose. It is advisable to ask your personal doctor about the consumption and be special about it authentic African Mango.

    WOW.Nice read here. The real factor to just how this product functions is that it is a
    dual action diet product, which means that it
    works as being an appetite reducing drug as well as a “fat burner”.
    This actually signifies that it oxidizes fat skin cells by using anti-oxidants, and that ends up in extra energy
    for you – however , only when know how to have authentic African Mango in
    the correct fashion.The majority of diet supplements on the market are designed around reving up
    your metabolic process, that is not really safe for many individuals – and this
    is the reason why many folks decide to invest
    in African Mango extract instead.

  11. Did not thought about this until now :)African Mango Extract suppresses the pancreatic from breaking down starch into
    maltose and dextrin. It also prevents the development
    of alpha-amylase mineral deposits in the body. Medical doctors sometimes advocate this to their subjects who are
    diabetics because the African Mango stops the development of alpha-glucosidase based in the
    digestive system from transitioning disaccharides and starches into sugar and carbohydrates.
    African Mango benefits also reduces glucose and carbohydrates from changing
    into surplus fat by stopping the generation of citrate
    lyase. Some health professionals use Garcinia as a laxative to help
    with obstipation or other wellness reasons such as weight reduction, a stress
    reliever, major depression, mood swings and as a support to having a quality night rest.

  12. Thhe ofds follow the UK structure also is called fractional, the European format or the decimal odds, or even the American
    format, which is also called the money line. One of thhe best offers from SBOBET Asia is
    the Asian handicap. Irrespective of whether
    a person is experienced or new to thhe world of betting, only a good understanding of the world of sports betting
    can enable him to reduce the loses or increase the profits he is earning from betting.

  13. Remarkable ideas. Investigation has demonstrated that it is
    productive on the way to appetite suppression fats using and increased
    power metabolism. African Mango can be loaded with important vitamins, fibers, minerals and other healthy
    vitamins the physique requires. Presently the question is what just happen to be the
    rewards to picking out and applying African Mango?

    Let’s acquire a closer search at African Mango success stories

  14. Remarkable ideas. Research has shown that it is successful on the way to appetite suppression extra fat burning and increased vitality metabolism.

    Saffron Extract is certainly loaded with necessary
    vitamins, fibers, minerals and many other healthy nourishment the entire body requires.
    Today the question will be what precisely are really the positive
    aspects to deciding upon and working with Garcinina?
    Let’s carry a closer look at Saffron Extract success stories

  15. A folk hero is type of hero, real or in mythology, who is loathed by thee rich and
    powerful but idolized by the common person, often stealing from the former
    to male life better for thhe latter. Visit and know more about leather biker jackets and corset lingerie.
    The largest membership group, inclufing the
    sexes of one’s site is in thhe 45 to 59 year old bracket with 49.

  16. * Access in-depth analysis with the global mobile handset industry outlook,
    including market dynamics and forecasts for that
    period 2009–14. Overall, analysts were all products of the “evolution” of
    upgrades and features lighter and thinner made a deep
    impression. Social Life can be a feed of news stories, online community updates and articles that
    happen to be based around your interests and likes which updates in real time and that means you get a
    snapshot of what is happening at any one time.

  17. You can also use a website like FlipSwap to promote your utilized
    Apple iphone. These are the types that I think are the best..
    It’s so far beyond something else, in my viewpoint, that it’s ridiculous.

  18. Incredible! This can be one of the most beneficial blogs i’ve ever arrive
    across on this subject. Actually this is excellent.
    I’m also an expert in this topic so I can understand your effort.

  19. The visual display is so sensible, that you can practically
    smell the gingerbread. Print out these free coloring pages for
    the kids and let them color them for father. Searching for free printable Bratz coloring pages?

  20. u – Flysoft -Data Recovery for Mac has the capacity to help you recover your important photos and video from memory stick on Mac OS X.
    The type of media you record onto will make each of the big difference.
    It actually is frequently much more on the way of throw another thing in the crock
    pot to the family or resort to the quickly food last measure as an alternative to preparing
    the wholesome and nutritious meal that people need to get eating.

  21. Please make sure you sign up to get the latest news
    regarding other products and the iphone-5. Therefore dears,
    simply visit any online mobile store and purchase this unique
    phone with additional advantages.

  22. The programs and games can be erased at any time from your
    telephone. Likewise, you must be careful while updating to iOS 4.3.1.
    In reality, Jailbreak and discover are two different practices.

  23. There is one advantage, although, and that is that
    you might lose the Apple warranty on your iPhone three.
    Other benefits of unlocking your device is the addition of Cydia.
    It turns out; this behavior is not unusual for Mike.

  24. It is all right there for you to see with ease.
    It is a well accepted reality that individuals differ in their options
    of mobile phone sets. VAre you thinking, whether or not you should jailbreak
    your iPod Touch or not?

  25. Hi would you mind sharing which blog platform
    you’re using? I’m planning to start my own blog
    soon but I’m having a difficult time making a decision between BlogEngine/Wordpress/B2evolution and Drupal.
    The reason I ask is because your layout seems different then most blogs and I’m looking for something completely unique.
    P.S My apologies for being off-topic but I had to ask!

  26. If you and your child enjoy Winnie the Poop This Yuletide site
    must be checked by you out. It’s not strictly a ‘woman-thing’ to
    have a piercing in your eyebrow. Ring Toss: Here Is A simple,
    yet enjoyable game for birthdays.

  27. These types of plants actually cleanse the water saving the constant need in static ponds.
    Mother Nature – plants, rocks, stone paving, walls and other earthen elements
    help bring out the best of Mother Nature and anchor your
    space. Fill the trench back again up so that most of just
    about every brick is covered.

  28. The activities with this particular score are suited to
    children age three years and below to perform. This type also contains six collectible American Idol crafted pewter tokens.
    However, avoid “growing” the seventh gift.

  29. The upper restrict of over $400 is really wonderful in situation the condition of the established
    is alright. You can have them conveniently delivered to
    your home or your business. But let me tell you, jailbreaking
    is a big deal.

  30. I’m speaking about restrictions that shouldn’t be there,
    imposed by software means. New iPhone designs appear to be launched on a pretty normal foundation. Gadgets operating iOS five will have an choice to Lock the device.

  31. Currently, Apple’s most popular product is the iPhone
    with the iPad as trailing in 2nd place. But nonetheless it
    is true that each time things not happens as we want.
    Select installer if you require to but don’t neglect Cydia.

  32. Isn’t the whole objective of jailbreaking really utilizing
    an software like Cydia? Once you received accessibility
    to the iPad file method, navigate to /var/root/media directory.
    Quickly, you will not be in a position to place it down!

  33. Begin by opening around three to five tabs for farmville and goto your neighbors
    loss on each one. Here are a few of the most popular themes
    for children’ celebrations this 2013.

  34. These players could possibly be from any demographic. Keeping the fun going with 4
    quick party games for adults may be the difference
    between a fantastic party and something that’s just OK.
    The most crucial thing that you ought to remember about kids who are capable to play outdoor games is always that their immune system could
    be strengthened along with their health might still be
    on check.

  35. Weak bones can fracture and break if you have osteoporosis.
    Yet the race has a great sense of camaraderie, with some runners carrying others over the finishing line.
    You can further divide arms into biceps, triceps, and shoulders;
    legs into hamstrings, quadriceps, and calf (gastrocnemius); and
    core into lower back, obliques, and rectus abdominus.

  36. Nevertheless, you will not lose photos that you posted on Facebook nor will you shed any of your email messages.
    I normally don’t look at those invitations, no matter how tempting they audio.

  37. When you are using Cydia applications, you ought to be unwind
    and fine. By performing so your telephone gets to
    be a mini computer. Devices running iOS 5 will have an option to Lock the device.

  38. Another of the most well-liked is a two megapixel digital
    camera. After you have performed your iPad jailbreak,
    you can certainly have these applications. It was about 500.00 and thought it was the dumbest transfer at any time.

  39. The much anticipated film in the book series, The
    Chronicles of Narnia is really a fantasy for the entire family.
    Nevertheless The greatest show on television (sorry Crazy Men followers) is well-worth the wait.

  40. The very best marketing game on the NES was Super Mario Bros.

    She doesn’t qualify since she is not officially impaired, although we
    tried to get Medicaid for my wife. BONUS: additionally it is much better too!

  41. When RDR first came out, fans loved its realism. Seems like an excellent revenue generator
    in these revenue-questioned instances? Samuel
    L Jackson is among the sounds in San Andreas, after all, think about it!

  42. Take Two has been one of many largest benefactors of the gaming boom.

    Additionally it is a puzzle-sport partner’s dream come true.

    Of being ready to go on it with you wherever you went the excess advantage was awesome.

  43. Actually Nintendo EAD Mario 64, which was also produced by Nintendo EAD however had its concerns.
    One million copies were bought by it in June, just how
    can be a turkey?

  44. Great blog here! Also your site a lot up very fast!
    What web host are you the use of? Can I am getting your associate link to your host?
    I desire my site loaded up as fast as yours lol

  45. Hey there, I think your blog might be having browser compatibility issues.
    When I look at your blog in Chrome, it looks fine but when opening in Internet Explorer,
    it has some overlapping. I just wanted to give you a quick heads up!
    Other then that, wonderful blog!

  46. Nice post. I learn something new and challenging on blogs
    I stumbleupon every day. It will always be
    exciting to read content from other authors and practice a little
    something from their websites.

  47. Pretty section of content. I just stumbled upon your blog and in accession capital to assert that I get actually enjoyed
    account your blog posts. Anyway I will be subscribing to your feeds and even I achievement you access consistently fast.

  48. Mi-a stârnește să răspundă cu dorința și mă face să vreau mai mult .
    El ajută pentru a fi îndrăzneț , și să încerce lucruri noi , astfel încât pentru a adăuga condiment
    la viata sexuala . Există multe beneficii pentru programul de dieta de
    apă cayenne lămâie .

  49. Defijitely cconsider that that you said. Yourr favorite reason seemed to be at the web the simplest thing to bear in mind of.

    I say tto you, I definitely get irked while other people think abojt concerns that they just don’t know about.
    You managed to hit the nail upon the highest and
    defined out the whole thing without having side-effects , other
    folks could take a signal. Will probably bee bacck too get more.

    Thank you

  50. Have you ever thought about adding a little bit more than just your articles?
    I mean, what you say is valuable and all. However think about if you added some great visuals or videos to give your posts
    more, “pop”! Your content is excellent but with images and clips, this site could definitely be one of the
    greatest in its field. Awesome blog!

  51. It’s a pity you don’t have a donate button! I’d most certainly donate to this brilliant blog!
    I suppose for now i’ll settle for bookmarking and adding your RSS feed to my Google account.
    I look forward to new updates and will share this website with my
    Facebook group. Chat soon!

  52. Excellent post. I was checking constantly this blog and I’m inspired!
    Extremely useful information specifically the remaining part 🙂 I take care of such information much.

    I used to be seeking this particular info for a long time.
    Thanks and good luck.

  53. Everything is very open with a clear description of the challenges.
    It was truly informative. Your website is extremely helpful.
    Many thanks for sharing!

  54. After I initially commented I seem to have clicked the -Notify me when new comments are added- checkbox and now
    every time a comment is added I receive four emails
    with the exact same comment. Perhaps there is a means you are able to remove me from that service?
    Thanks a lot!

  55. What the heck i just read? The very first point
    is to check with your doctor in advance of using this supplement.
    The extract of Forskolin is obtainable in the form of capsules and tablets and contacting a
    doctor can provide you a clear comprehension of the truth that will it suit
    you or not. The product frequently fits the needs of all of the
    individuals but exclusions are usually there.
    So, it is advisable to make certain you are not normally the one that cannot utilize this solution. Another important problem is concerning the dosage.
    You have to question your personal doctor about the absorption and be specific about this
    authentic Forskolin.
    WOW.Nice read here. The important factor to precisely how this supplement gets
    results is it is actually a dual-action diet solution, and therefore it operates being an diet enhancing drug plus
    a “fat burner”. This actually suggests that
    it oxidizes your fat units by using anti-oxidants, and this ends up with additional power
    for yourself – however , only when know how to have authentic Forskolin in the right manner.Almost all diet supplements on the market today are intended near reving
    up your fat burning capacity, which is not really safe for
    many people – and this is the reason why more and more decide to order Forskolin extract instead.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s