A snapshot of what is going on these days in the world of the Galloping Conglomerati
Rumors just in:
This illustrative note came to me a few minutes ago from Chain Links, the online publication of the Newspaper Guild, which is fighting fires on all fronts in these days of the Galloping Conglomerati.
The email note:
"I wanted to let you know that two reporters from The (Santa Cruz) Sentinel called me today, wanting to know if I'd heard any rumors that CNHI, the Birmingham, Ala.-based company that just bought the Sentinel, is talking with Media News (Singleton) about a possible swap involving the Monterey Herald. Apparently--and this is what a source told one of the reporters--MediaNews would get a CNHI paper in Pennsylvania (the Sharon Herald in Sharon, Pa.) in exchange for the Herald. An announcement, according to the source, is supposed to come sometime this week and there is a meeting going on today between CNHI and Media News."
So? Or not so? We shall see. We made some calls to check, but got nowhere. In any event, whether this rumor is true, it illuminates some sad truths about the current state of daily newspapers hereabouts: (a) that the chains are flipping papers about as if they are no more than playing cards in a game at the local pool hall and (b) that
these are the kinds of unsettling rumors flying about the newsrooms and boardrooms of the Galloping Conglomerati, the phrase I use for the chains at play. (See my previous blogs). Where it all will end knows only God. Alas. Alas. B3