A long piece about the Times' travails after the December 1st buyout offer.
Yesterday, New York Times readers were treated to a beautifully nuanced and balanced and richly detailed feature about a topic very much in the mix. Its author, Ariel Kaminer, came by her story and its scoop—the first interview with the accused (possibly falsely) rapist of the woman at Columbia who is carrying a mattress around campus to make a statement about campus sexual violence--by developing deep roots in a narrow beat, higher education. And now, Ms. Kaminer will join a hundred or so of her colleagues on the unemployment line as the Times once again cuts costs by cutting journalists.
The genius of the way The New York Times has structured itself is that lofty journalistic goals are protected from the short-term demands of grubby ordinary shareholders.
But not from grubby progressive academics, politicians and well-to-do elites... | Ironically–and distressingly, for those who care about journalism--it now appears that the financial demands of those holding the shares, and particularly the generous dividend they pay to the family members who hold large chunks of those shares, are now making it difficult to perform the very journalism the structure was created to protect.
Monday, December 1 marked the deadline for 100 New York Times journalists to accept a buyout package before facing layoffs. As the New York Times prepares for the latest culling of the most talent-rich newsroom in America, the sad march has already begun. David Corcoran, a Times near-lifer who runs the beloved Science Times section, has reportedly accepted a buyout, as have legendary business reporters Floyd Norris and Bill Carter, labor reporter Steven Greenhouse, arts reporter Carol Vogel, staff editor Jack Bell, plus at least six photographers and picture editors, the silky writer Robin Finn (who penned this masterpiece), and about 50 others, according to Capital New York’s depressing “buyout watch” column. The Observer reported that longtime advertising writer Stuart Elliott was among those joining the exodus. And now, firings have commenced.
Much more at the link |