1978 Called. It Wants Its Newspaper Back

The most prescient comment is that they paid based on outdated formulas. So did a lot of other buyers (Minneapolis, for one). But papers are still quite profitable on an operating basis, so Chapter 11 is a real and logical possibility. Tough on the creditors, but once the debt service fits the value, papers just may come out OK. Still, new management may be needed to make newspapers more than the "legacy" toys of outsized egos.

In suggesting that print media is an old man's game, you forgot that Jared Kushner (Mr. Ivanka Trump) bought the NY Observer for $10 mil in 2005. He was about 24 at the time.

The DN and Ink might want to try what other newspapers have been relying on to sell papers and advertising for hundreds of years now, through good times and bad -- actually writing for the people who buy it and need to advertise. While fashionable, circa 1974, to "afflict the comfortable," it is in fact the comfortable who read papers and advertise. Those of us who live in the city find that not every nonprofit is honest, not every public housing resident clean and sober, not every homeless guy just a man in need of one good break and a sandwich to turn his life around. Not everyone who wanted Obama to win was ready to start a "race war," if he lost (Fatimah Ali), not everyone who loses a house to foreclosure could ever have managed a mortgage and ownership on even the most favorable terms (Fatimah Ali lost her house because she lost the paperwork needed to refi). Not everyone thinks that Kenny Gamble is great, Odunde is worth the tax payer dollars, and that OHCD provides critical serv

You should take the advice of Stu Bykofsky and not GIVE the paper away on line. that includes Philly Mag! i was just able to print the article that Steve Volk wrote in there about the newspaper, "1978 Called", for NOTHING!!!! why but if i can get it for free?! its been peoples mentality for how long? i wanted to get the obituary of a cousin that died in Utah and i got a very small taste of it but when i went to look at the whole thing, I HAD TO BUT IT FOR $13!! i think Tierney should SERIOUSLY think about going that way.

"Prospective clients feel the diminution of the newspaper simply by picking it up. And they understand that fewer pages mean fewer other businesses are advertising" Same can be said for Philly mag, the January issue had as much the girth as a Sunday church pamphlet. All print media is dying fast, a city magazine in a dwindling city is no exception.

Newspapers have less than maybe at best 10 years of life. I was a journalist for 30 years - worked at the Inquirer 20 years - I would never ever ever for a $1 million go back!! The management treat people like dirt! I entered health care and I wake up happy every morning - blessed to be away from the stress of wondering if today is the day the paper closes. Please - reporters and photographers - GET OUT NOW!!! No one - NO ONE - who has left would ever return- I dare the magazine to find even 1 person who regrets leaving the newsroom!!!God bless the poor souls still working at the Inquirer!!

The Inquirer doesn't need a bailout, it needs to stop publishing. This latest tactic proves the paper has no credibility. I stopped it two years ago when they ended the suburban coverage. They treated their suburban staffers, who battled the company and the guild for equal pay, like second class citizens, and then they laid them off. Some were there for twenty years. And let's not forget the age discrimination suit by the seven writers that was settled out of court. The Wal-Mart of newspapers is a joke, and needs to call it a day.

I cancelled my Inquirer subscription because there was no paper there - a virtual pamphlet with some stories from the AP newswire. What kind of a city has such a poor newspaper?

I am a fanatical business news reader and I want to know how THE paper in the 5th largest city in the country routinely has less than 3 pages to its business section?

The Philadelphia Inquirer and Daily news are low-quality publications that are full of sloppy journalism and errors. Having an egomaniac mismanaging at the top isn't helping either.

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Well, I just read this entire 10-page story. It was fascinating. I loved it. And I didn't pay a single cent for it, nor does it compel me to subscribe, and ... were there ads on any of the pages? I didn't see them. So, how exactly is phillymag going to sustain its own future again?

I watched Tierney for years on the local Sunday morning new show and all I saw was his irrepressible arrogance - no charisma in sight. Defending the indefensible Catholic church in the abuse scandal, all the so-called Republican values of cut-throat capitalism - who could fail to see what the paper would come to? I could never have predicted John Yoo though. That's typical Tierney. Let him live with that legacy.

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