A few links of interest:
• At The Daily Review of Towanda, Shamokin publisher Gregory Zyla takes over for George Lynett Jr. (The Daily Review)
• Lengthy story about Zyla in Shamokin (The News-Item)
• Bio of new T-S co-CEO George Lynett Jr. (The Daily Review)
• Bios of new T-S co-CEO W. Scott Lynett as well as Wilkes-Barre Citizens' Voice/Hazleton Standard-Speaker co-publishers Gregory Lynett and Daniel Haggerty (Citizens' Voice)
• Bio of new T-S co-CEO Matthew Haggerty (Scranton Times-Tribune)
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7 comments:
The sharp remarks on the prior thread over such a mundane development are mystifying. Given the steady slide of newsprint from its standing as a mass medium to the relative obscurity of a niche, is this change in management personnel little more than rearranging the deck chairs on the SS Minnow? A primary source of delight on Gilligan's Island was the characters' charming denial of their island straits and their entertaining adherence to their mainland lifestyles. As examples, the Howells continued to dress for dinner, the Professor to conduct his experiments and Ginger Grant to perform her Vegas routine. Come to think of it, the takeover probably does have all the elements of a situation comedy. Bill Lynett is now the Skipper and the boys his first mates! An entertaining spectacle on the way to oblivion. Suggested titles anyone?
Hardly. However, it is kind of you to ask.
If you think Times-Shamrock is on the way to oblivion, you're not in the biz or you're an idiot. The Lynetts haven't gone into hock buying papers in San Jose. They pay (mostly) cash for papers in Shamokin that are in monopoly markets. Markets, I might add, dominated by little old ladies who get the paper religiously.
I'm not saying that the Lynetts can count on getting filthy rich with printed newspapers 25 years down the road. But in the here and now, I suspect T-S makes an astounding amount of money.
The Lynetts have surely perfected the Monopoly-game skill of running craptacular newspapers and radio stations in tank towns for fun and profit, then using the profits to buy more worse properties and use the profits to buy still shittier properties and so on to infinity.
Yeah, they make barrels of money, but so does Wal-Mart.
Never mind the fact that the Times Tribune, under Beaupre and Murphy, has been a constant embarrassment, probably the worst-run newspaper of its size in America.
As a family operation, they had the opportunity to do something special with their papers, but instead they're no better than strip-miners. They could try to produce decent newspapers and still make tons of money.
Matt Haggerty rules!
Hi Matt!
I think you nay sayers need to take a wait and see attitude about the change in regime. I think you will see a fresh approach to their business plan. They are crazy like a fox and taking money to the bank everyday. Money is in small community newspapers and I don't know one publisher/owner in American who wouldn't love to own a small town community newspaper and a yacht in the Carribean. Best of luck to the new publishers and one more thing....please buy the TL. I know their employees would like that.
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