NEW YORK — Digital First Media, the operator of The Denver Post, Daily Camera, Longmont Times-Call, Colorado Daily, Broomfield Enterprise and Colorado Hometown Weekly, announced Friday that it will “evaluate and consider strategic alternatives” that could lead to the sale of some or all of the company.
CEO John Paton said the company has retained UBS Securities to review a full range of alternatives — including selling the entire company, selling regional clusters or doing nothing.
“We believe we have many options available to us to maximize the value of our businesses for our stockholders and the board of directors has therefore decided to assess the full range of these opportunities,” Paton said.
The Times-Call, despite FRL’s continuing calls to moderate comments and require identification of commenters has stayed the course and now the newspaper finds itself again on the chopping block.
This comment in particular stands out:
More deckchair rearranging. The death of print media is inevitable, and shifting to digital publication means nothing but competition with billions of other well-established websites which are already far better organized than the virtually unreadable digital newspaper sites, but even worse for the print publishers, ad revenue per ad is at least one ten thousandth less for a digital ad vs a print ad.
Bottom line is that printed newspapers are dead and their brands are worth zero. And quite frankly, it couldn’t happen to a better bunch considering that the bulk of newspapers have been unrelenting in blatantly pushing a s0cia!istic, “Progressive” agenda for decades instead of engaging in objective news reporting. So, basically, good riddance to bad rubbish.
Yes, the Times Call, that bastion of ‘Progressive’ thought. *COUGH*
To the extreme right of Longmont – your house organ has imploded and your pet hate-blogger has moved on. My advice is to clean up your act and start working to help Longmont. FRL is willing to publish your articles but you’ll need to stop trying to blame all your ills on the left.
Free Range Longmont is still here despite years of smears and lies aided and abetted by the Lehman family via the Times-Call. Now we get to see them hoist on their own petard.
The irony is truly delicious.
Here’s wishing the legions1 of anonymous hate posters a not-so-fond farewell and hoping the Times-Call gets the wire-brush cleaning2 its needed desperately for decades.
Maybe not legions, perhaps just one or two very dispepsic hate-mongers?
2. As in all the Lehmans gone (waving merrily) Bye!!