Boston Globe Herald Hostage, Day 4

February 24, 2013

The Schadenfreude Gazette is so desperate for new ways every day to bash the Globe over its impending sale, the feisty local tabloid is willfully ignoring reality just to get in some cheap shots. Today’s case in point (no idea why the “1” is upper right, but couldn’t get rid of it):

Picture 1

 

Let’s skip over Howie Carr’s bulk-mail offering (“I have next to nothing in common with the pampered pukes of Morrissey Boulevard — I went to a state college, I’m not in the Social Register, I don’t have a trust fund, I wasn’t born and raised on Park Avenue, I never summered in the Hamptons” blah blah blah) and go right to the alleged news report.

121611globemh01.1Murdoch, Times have mutual interest in bid

Media tycoon Rupert Murdoch, reported to be on The New York Times Co.’s shortlist of suitors for its Boston Globe, would be a bargain hunter looking to get the Hub newspaper on the cheap from his archrival at the Times, who in turn could use the News Corp. chairman’s bid to drive up the price of other offers, according to media analysts.

“The perception is that Rupert is the leading buyer of newspapers in the country if not, I suppose, the world. So obviously … if you are selling a newspaper, you certainly want him in the action,” said Vanity Fair contributing editor Michael Wolff, author of “The Man Who Owns the News: Inside the Secret World of Rupert Murdoch.”

 

This is just refried slop from yesterday’s edition, complete with quotes from the reptilian Michael Wolff. It also recycles this piece from the Wall Street Journal:

The Wall Street Journal, which Murdoch’s company bought from the Bancroft family for $5 billion in 2007, cited sources in reporting Friday that the Times Co. is “hoping to draw a bid” from Murdoch — even as the Times has been in talks with another potential buyer who submitted a 
$100 million bid last month.

 

Problem is, they forgot to crib the most important part:

News Corp.’s ownership of a television station in Boston would rule out purchase of the Globe, given regulatory rules that prohibit companies owning a newspaper and a TV station in the same market, said a person familiar with the situation.

 

But hey – why let facts get in the way of a good poke in the competition’s eye, eh?


Boston Globe Herald Hostage, Day Two

February 22, 2013

The Schadenfreude Gazette is at it again today:

Picture 1

 

Obligatory two-page spread:

Picture 2

 

Helpful chart:

Picture 4

 

Oh, yes – don’t forget Jerry Holbert’s editorial cartoon:
holberts 02-22 cartoon

 

Highlight of the Herald’s coverage: Jessica Heslam’s interview with the reptilian Michael Wolff about News Corp. Dark Knight Rupert Murdoch as a potential buyer:

“Rupert would be terrifically interested in the Boston Globe,” said Vanity Fair contributing editor Michael Wolff, author of “The Man Who Owns the News: Inside the Secret World of Rupert Murdoch.” “Rupert is now in the process of shopping for American newspapers but doing that in the context of that this is the bottom of the market.”

So what would be the right price for Murdoch?

“Practically free,” Wolff told me. “Assuming that there is cash flow, he would buy it on a heavily, heavily, heavily, heavily discounted basis. Rupert, at this point, is an economic buyer.”

 

But an unlikely one, says old friend Mark Jurkowitz, associate director of the Pew Research Center’s Project for Excellence in Journalism. “The prospect of Rupert going head-to-head with the Boston Herald seems somehow un-American. That’s his baby. … That would surprise me.”

Crosstown at the stately local broadsheet meanwhile, Globe columnist Kevin Cullen has a message for the Heraldniks:

The change that is coming is about business, not journalism. As for the delight fully delusional people who see a change of ownership as a death sentence, the natural consequence of the Globe being part of the vast left-wing conspiracy, please, sit back, crack another cold one and adjust your tinfoil hats. Ask Sal DiMasi, John Tierney, and Mike McLaughlin, just recent examples, if they think the Globe goes easy on Democrats.

The Globe isn’t going anywhere. It’s changing owners.

 

Message: Stick that in your pipe, Howie.