Upper Left Coast

Thoughts on politics, faith, sports and other random topics from a red state sympathizer in indigo-blue Portland, Oregon.

Monday, September 11, 2006

Running private business like the government

No wonder the Oregonian is always editorializing in favor of a tax increase and against things like the Rainy Day Amendment -- the paper is run as if it's a government entity with unlimited access to money.

The evidence for this comes in today's Portland Business Journal story about a potential multi-million-dollar drop in advertising revenue as Meier & Frank (one of the paper's largest advertisers) transitions into Macy's. The latter company is expected to spend less on print ads and more on broadcasting -- a potential loss to the Oregonian of more than $2 million.

It's already happened across the country, but The Oregonian sounds like it has its head in the sand, as this paragraph illustrates:
Oregonian Publisher Fred Stickel, through an assistant, said the paper has been given no indication that Federated and its Macy's brand will advertise less than Meier & Frank. In fact, he remained confident the store would increase its local print advertising. The paper has long had an informal no-layoffs policy in its newsroom.
An informal no-layoffs policy? How nice. Doesn't that sound like the government?


  • At 9/11/2006 4:52 PM, Blogger Betsy said…

    Hey! I had this story over a month ago over on MetBlogs... (Take that, Business Journal!)


    To be sure, I didn't have Fred Stickel's head in the sand quote, nor that asinine comment about layoffs. But I had the rest of it...

  • At 9/12/2006 11:43 AM, Blogger Ken said…

    Oops, sorry Betsy. I obviously haven't been over to MetBlogs in a while...


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