It can't help you sell adverts or subscriptions to Manhattan's media community, when over a third of them, as judged by a poll being run by Fishbowl NY, think the New York Times Company is going to go bankrupt.
The results of this poll are as of Sunday, 26th October, 2008, 1850 hrs CET (Paris).
Presumably, by bailout (8%), people are thinking of some selfless person willing to pay off the NYT's $1.2 billion debt and help the company take itself private.
Anyone willing to step-up to the plate? It sounds off the radar but I actually wouldn't rule that out, if things get really bad, or at least not rule out a consortium from New York's great and good 'liberal elite'.
Friday, Oct 24
What Does the Future of The New York Times Co. Hold?
The New York Times Co. is in trouble. Its revenue stream is drying up and Moody's might cut its bond status. Can the Paper of Record survive?
What Does the Future of The New York Times Co. Hold?
The New York Times Co. is in trouble. Its revenue stream is drying up and Moody's might cut its bond status. Can the Paper of Record survive?
Bankruptcy 37%
Business as usual 31%
Bailout 8%
Bloomberg on speed dial 24%
Business as usual 31%
Bailout 8%
Bloomberg on speed dial 24%
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