Daytona Beach News-Journal to cut 99 employees, close bureaus

BuckStripes wrote:

...Perhaps there is a sneaky method underlying this throat-cutting madness...
...Of what value is a gutted daily newspaper? Does this maneuver mean that the NJ is no longer worth the $129-million(plus), which Judge John Antoon (effectively) awarded to Cox Enterprises? How many tens of millions of dollars will be paid out in the NJ's "giveaway" termination package (apparenlty designed to thwart an unwanted sale to outsiders)...
...If the paper ain't worth spit to potential buyers, and even Cox doesn't want it--Will the Kaney Klan and Davidson Heirs retain ownership control?
...Alack and alas--mayhaps there are scheming scoundrels afoot, playing the game with sad losing faces but devious winning hands... ;-)

CRE wrote:

Not to worry! The Sentinel has been taking lessons on how to produce a newspaper from the News Jounrnal for a few years now. If fact its hard to tell the difference between the two. Both are "Progressive"!

really concerned citizen wrote:

Firing the workers will pay for the millions in bonus money for the upper management. This is how the people from Israel take care of their loyal employees. Who would have thought?????

Grey wrote:

<quoted text>
To the entity that calls itself 'really concerned citizen' and anyone else who read this ranting yawp:
The News Journal is a product of a Florida (not Israeli) corporation controlled by the estate of Herbert M. Davidson, which controls 52.5% of the shares. Of the remaining 47.5% of the shares, Cox Enterprise owns a portion because it bought the Palm Beach Post (which previously owned those shares.)
Cox Enterprise is the successor publishing company to a company founded in Dayton Ohio (not the naton of Israel), and is a private company that is 98% controlled by Anne Cox Chambers, who is not an Israeli.
Entity 'really concerned citizen' is really concerned to serve its Master in Hades, and does an excellent job of spreading hate,fear, confusion and lies. Entity should return to its Master now for its reward - why wait for the Judgement Day rush?

RGB wrote:

The print MSM is getting a harsh lesson in capitalism, something heretofore they know little or nothing about.
Will the OS be next?
Maybe they should hold a phone-a-thon for a bailout.
PBS would have been gone a long time ago had it not been supported by tax dollars coerced from American citizens.