In 2017, The New York Daily News was reacquired by its blood ancestor, the Tribune Company. This year, the private equity firm Alden Capital—known for slashing newsrooms—bought the Tribune. Go click through the NYDN site for a few minutes and you'll see it's as healthy and vital as Norman Bates' mother. There's the wig. There's the dress. There's Bill Madden.
In 2010, George Steinbrenner died and left The New York Yankees to his kids.
For most of the last 100 years, both institutions meant New York. To pretend that they do today is like eating a whole box of Hot Pockets. All you feel is sick, but somebody made money.
6 comments:
Yeah, this feels like a time of decline, in just about everything.
The Tribune first decided to deep-six the Daily News when it had the largest circulation of any paper in U.S. history. As you write, Mustang, somebody somewhere must have found a way to make money off that, but it only speaks to the general lunacy of our economy.
As to the Yankees, this is the trouble with hereditary monarchies, as we see with so many NYC sports franchises. Or maybe it's just that HAL values the lucre over the team. I'm sure he feels he is maximizing value, and maybe he is—for now.
You break this brand, though, and there's no bringing it back.
Very sad, it's going to be just like the CBS days, shortly before King George bought the club. Piss poor management decisions and ownership that doesn't care about baseball dooming a proud franchise to mediocrity, apathy, and obsolescence.
The Hammer of God
Hammer,
It does feel like CBS times. Except they're wasting more money uselessly. Horace Clark (the original one) and Roy White were much easier to root for than Stanton. Hell, Max Patkin was easier to root for.
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