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Union-Tribune Employees Camp Out All Night in Lobby To Be First in Line To Get Buyout Forms
New owners may or may not have to honor contracts. It depends on how a deal is structured. For example, a new owner could buy only certain assets of the UT and leave any liabilties on Copley Inc's books. Copley Inc could then file BK and fades away into the sunset of San Diego history.— September 4, 2008 2:05 p.m.
Union-Tribune's New Buyout Program Suggests the Company May Be Bought Out Soon, and May Be in Cash Flow Squeeze
I spent six truly miserable years there. The day I left I felt like I was leaving prison.— August 29, 2008 2:28 p.m.
Union-Tribune's New Buyout Program Suggests the Company May Be Bought Out Soon, and May Be in Cash Flow Squeeze
The August 28 memo, which was not signed, says that "if a sale occurs this will be the last voluntary buyout under the current ownership." That does NOT mean that more layoffs are not immediately ahead -- just no buyouts. But it's also strange wording in another sense -- does this mean a sale in about to happen? What if there were no sale for months or a year? No more buyouts from David -- ever?— August 28, 2008 4:10 p.m.
Union-Tribune's New Buyout Program Suggests the Company May Be Bought Out Soon, and May Be in Cash Flow Squeeze
I have heard that those people who are taking retirement from the Copley Fund may be forced into taking a lump sum.— August 28, 2008 3:52 p.m.
Canadian Newspaper Company Looking at Union-Tribune; Would Take Advantage of Strong "Loonie"
When I was in high school at Saints, about a thousand years ago, I was fortunate to have a journalism instructor by name of Mil Chipp. Mr. Chipp was the "liasion editor" of the Union and the Tribune ... I never really understood the function. But Mr. Chipp loved to regale me with insider stories of the Copley tribe, and how Jim Copley had essentially set the paper up as a retirement job for former Navy officers. This policy worked well for a long time in the sleepy San Diego backwater of yore. But after Jim's demise, Helen could simply not fathom that the times and, more importantly, the city were changing -- and rapidly. Thus began both papers' long slow loss of readership penetration. By the late 1980s, Helen had lost focus of good journalism and increased readership completely, and was concerned only with making her company union free. The Reader tries hard. But make no mistake: its owner, Mr, Holman, is as rock ribbed conservative as Helen and her predecesssors ever were. And this also leaks into editorial content. For example, Mr. Holman is virulently anti-gay. Looking at the Reader in terms of coverage of San Diego's large gay and lesbian community is like looking into the Copley press circa 1955.— August 26, 2008 6:24 a.m.
Billionaire Richard Mellon Scaife Not Interested in Buying U-T
Response to post #8: As you said, once the story got rolling, the UT jumped on it. Did Newsdoll Karin Winner know that Cunningham was slime while singing his praises? And if she did not know, because she stuck her head in the sand, all the more shame.— August 22, 2008 6:43 a.m.
Billionaire Richard Mellon Scaife Not Interested in Buying U-T
The UT Pulitzer was an odd-ball. I am not sure what, if any, control newsdoll Karin Winner had over the reporting done by the former Copley News Service writers. Smart momey says she no idea that CNS was looking into the doings of one of its icons, Randy Cunningham. When CNS tossed the story into her lap she was likely appalled. The CNS reporting actually made the UT look bad, as it was obvious that just some scratching revealed that Cunningham was the most corrupt US rep ever. So the UT took a prize for reporting it never did and never would have done.— August 21, 2008 2:53 p.m.
Billionaire Richard Mellon Scaife Not Interested in Buying U-T
It would be interesting to see how a KUSI-type buy would merge the other parts of the organization where there would be a redundancy -- such as advertising and finance. Johnny, you are a bit naive -- readers don't care all the much about quality. When the UT got a Pulitzer, the industry standard of an Oscar, circulation continued its plummet. The UT should toss all pretense of "objectivity" and let the reporters proudly display whatever bias he or she has. Let them dig into sleazy divorces, lurid crime, etc.— August 21, 2008 noon
Bad News for Copley, Good for KUSI: Cox Selling Austin, Other Papers Amid Gloomier Newspaper Environment
Back in '03 the UT began to hack away at the Circulation Department. Other departments (including News) really took no notice ... I suspect those people were too far beneath them. The Circulation Customer Service people were outsourced to Iowa. The Big Lie being told was that the Iowa call center would help build circulation because it had multiple and varied clients. So if someone called Iowa, say, for a new VISA card, they would be invited to use it to purchase the UT at a discount. This went nowhere fast. And guess what? Those Customer Service people are now no longer in Iowa but in India!!— August 17, 2008 8:08 a.m.
U-T Continues To Overstate Its Circulation Publicly, but a Potential Buyer Won't Be Fooled
I forget: is the UT slogan "The Ring of Truth"? or is it "Ring Out the Truth"? or maybe "Wring Out the Truth"?— August 11, 2008 7:12 a.m.