Boston Globe Death Watch - VI

You know it's a bad environment for the newspaper / media industry when the capo di tutti of left-wing rags (Guardian UK) says they're all about to get buttfucked wicked hard:

US newspapers face 'extinction-level' crisis as Covid-19 hits hard

As journalists across the US scramble to cover the impact of the coronavirus, they are grappling with a bitter irony: as demand for their stories soars, the decline of the business model that funds them is speeding up catastrophically.

The devastating sweep of Covid-19 is the biggest story in a generation, and for most newspapers and news sites it has triggered record numbers of readers. Yet the virus, industry experts warn, will spell the end for “hundreds” of those organizations, laying off journalists and closing titles.

Media outlets across the US have already responded to a huge drop in advertising triggered by the economic shutdown by sacking scores of employees. Some newspapers, just as demand is at its highest, have stopped printing – reverting to a digital-only operation that is just as vulnerable to the whims of advertisers.

The decrease in advertising was swift, as businesses tightened spending due to the economic impact of Covid-19. For a journalism industry already barely scraping by, the impact was almost immediate.

It's poetic justice, if you ask me - the US media is / was over the top and gleeful of reporting on this new strain of the influenza virus, the operating phrase 'if it bleeds it leads' never being more evident in their reporting. I can't wait to watch these assholes queueing up in the unemployment line.

Prescient Tweets, By Dan Shaughnessy

Remember this tweet from six days ago?

I know nobody reads actual newspapers anymore, but The Saturday Wall Street Journal is the best weekly read in America.

— Dan Shaughnessy (@Dan_Shaughnessy) May 27, 2017

Looks like 'ol Shankaroni was right on the money:

Circulation of daily newspapers has dropped to a 77-year low, signaling an end to print and a shift to all-digital delivery, according to a new industry review.

The Pew Research Center said that circulation has reached a new low of 34.6 million, six million less than papers sold in 1940.

Save the trees - don't read the Boston Globe!