MORE PROOF OLD MEDIA AND THE MSM ARE DINOSAURS

Reuters:

McClatchy posted a net loss on Wednesday because of plunging advertising sales hurting newspapers in some of its key markets, and said the ad slump will continue in the second quarter.

The company also said it will buy back millions of dollars of its public debt, much of which it took on in its ill-timed purchase of the Knight Ridder newspaper chain in 2006.

Its shares fell more than 9 percent to $8 in morning trading on the New York Stock Exchange, hitting a new 52-week low. McClatchy shares have fallen 73 percent in the past year.

• THEY'RE A BUNCH OF LIBERAL DEM SHILLS AND DESERVE TO GO UNDER.

• YOU CAN'T DIS HALF OF YOUR PUBLIC AND DO VERY WELL.

• THAT'S WHY CNN HAS SHITTY RATINGS AND FOX DOESN'T.

• IF THE MSM WERE AS INTERESTED IN PROFITS AND THEIR CUSTOMERS AS THEY WERE IN ADVANCING THEIR LIBERAL AGENDA, THEN THEY'D HAVE A BETTER PRODUCT WHICH WOULD BE MORE APPEALING TO MORE PEOPLE.

THE MSM/OLD MEDIA WILL EITHER BECOME LESS LEFTIST AND PROSPER, OR DISAPPEAR. EITHER WAY: WE WIN!