Foreshadowing your own demise

A designer at the Mercury News shot a series of carnage photos after a few rounds of layofffs at the paper and posted them on Flickr. Everyone found solace and some humor in the midst of all the chaos. Well, the ax felled his job as well.

This made me throw up a little in my mouth

Alan Mutter figures the companies have lost a cumulative $49.7 billion in market capitalization in 3 1/2 years, vaporizing 51% of shareholder value since Dec. 31. 2004.

Found via Romenesko

Why doesn't this guy live here?!

A group of private investors is still very interested in buying the Baltimore Sun, adding that they would take less of a profit and –GET THIS!!!– invest in newsgathering.

Sweet Jesus! What a concept! Maybe there are a few people smart enough to make some newspapers work. God knows that most of the clowns running around buying up everything on a maxed out credit card are not doing the worker bees any favors.

The dying Two-Newspaper-Town

A business columnist at the Rocky Mountain News talks about how the News gets a bad rap concerning circulation numbers in Denver and that the landscape of the biz will not allow for the JOA papers to continue.

MediaNews is in the hurt locker with the collection agencies (financial backers that are already reeling from the housing debacle) as we speak. The completion of the Scripps split is final but there is not nearly the debt burden if any at all for the newspaper side. So the notion that The Denver Post will outlive the News could be a losing bet.

Sue happy in the US, but funny

A former journalist turned lawyer is suing the newspaper he subscribed to because the layoffs and cutbacks will create an inferior product and he would not have renewed his subscription if that had been disclosed.

Go get 'em!!

Found via Fading to Black