Posted by
Doug Fiedor on Sunday, July 16, 2006 7:05:46 PM
Liberal Media’s Ongoing
Quandry
Has anyone else noticed that the silent majority seems to be
involved in a silent boycott of all the biased news outlets that have been
attacking President Bush, our military and the nation's Christian heritage this
past year?
If we believe a 2004 report from the Audit Bureau of
Circulations, which collects and monitors circulation data for newspapers and
magazines, the liberal press is in deep doo-doo. Some of the nation's largest daily newspapers
reported steep circulation declines and overall circulation is down across the
industry. The top 20 papers are suffering
the largest weekday and Sunday declines, among them the Los Angeles Times, the
Chicago Tribune and the Washington Post. Fancy that, eh.
Two years ago, Newsday, Hoy, The Dallas Morning News and The
Chicago Sun-Times were caught overstating their circulations by tens of
thousands of copies each day. The parent
companies of these papers had to set aside over $130 million to reimburse
advertisers.
Even the liberal AP admitted it: "Circulation declined at most major
newspapers across the country in the last half year, the latest blow for an
industry already rocked by a scandal involving circulation misstatements that
has undermined the confidence of investors and advertisers."
In 2004, the liberal L.A. Times reported a major loss in
circulation numbers -- down by over 53,000 subscribers in just the first six
months of that year and still declining.
In November of 2004, The Washington Post's Executive Editor,
Leonard Downie, Jr., met with hundreds of employees to outline new plans to
combat ever-declining circulation. The
plans slowed the bleeding some but didn’t really help.
As I repeatedly reported in other places, the newspaper
industry has struggled for years with stagnant or decreasing readership levels.
Most liberal newspapers are losing
money. Many are almost bankrupt. So, they inflate their actual sales numbers so
they can charge advertisers more. That
keeps them in business for a few years longer. Until they get caught, that is.
The problem is, these companies are also lying to
stockholders about the health of the corporation when they do that. The Securities and Exchange Commission kind of
frowns on that stuff. Which means, these
newspapers will soon see multi-million dollar fines -- some are quietly arguing
their case for that already. Then, they
will realize much less income because they will be forced to lower advertising
rates to where they should be, based on their actual circulation. That will, of course, put them even deeper in
the red.
For those newspapers already running in the red, this means
they will probably be going out of business soon. Interestingly enough, this mostly seems to
apply to the liberal rags. Many
conservative publications seem to be doing just fine.
Of course, this is a natural shakeout. Old Media -- the liberal contingent, anyway --
is no longer respected, or even believed, by what is approaching a majority in
this country. After all, this is the
dawning of the age of the New Media, and a more honest and fact-based
viewpoint. The palpable liberal media
bias so obvious in the last two presidential election cycles went far to show
the American people just how completely twisted and out of touch Old Media
really is.
Unfortunately, though, Old Media is too stupid and/or
bullheaded to realize they are stabbing themselves in the gut by being so
blatantly biased. They refuse to clean
house and hire reporters to report the news instead of "journalists"
who want to twist the news to the left. Or,
perhaps media corporation stockholders are willing to sacrifice their investments
for the promotion of socialism.
Anyway, we look for another major wave of lay-offs to begin
at the larger newspapers starting by the end of this year. By this time next year, there will be a few
thousand well experienced liberal scribblers out of work and wandering the
streets. (Unfortunately, some will then become teachers.)
Those who can do straight reporting, and/or write from a
conservative viewpoint, may be very much in demand. As Old Media gives out one last gasp of
reorganization to save their newspapers -- their publishing corporations --
their stockholders may very well demand that they dump the
"journalists," try a round of honest "reporting" and
perhaps tend towards a more conservative bent. If not, the writing is on the wall for them
all. Few will survive the next five years.
Should we care? Yes. We still need local newspapers.
But, after the way the mainstream liberal media trashed
President Bush these past few years, I'll have to say that they deserve what
they get. Which, ultimately, could be
bankruptcy.