The new trend across America is the production of newspapers being sold on the street,which are produced and sold by the homeless. Many cities are flourishing from this new trend. The street papers are nonprofit and survive on grants, donations and circulation revenue.
Editor, Joanne Zuhl, of Street Roots in Portland, Ore. says their paper has seen a sale increase of 16,000 from 11,000 in a few months, and the people selling the papers have jumped to almost 100 from 60. In February, 117 people attended the Denver Voice for sales training secessions.
These are people of all walks of life,that lost their jobs and homes. They sell the street paper to help make ends meet while they look for employment. This helps them to regain their confidence and to also rejoin the mainstream work force. Their success is up to one's own innovation and their gumption. For the most part it helps them to develop a community of customers and colleague's, which also gives them a marketable skill.
Tuesday, April 14, 2009
Wednesday, April 8, 2009
Times Co. Said to Consider Closing Boston Globe
The Boston Globe has been threatened by the New York Times Company to close the company unless the labor unions agree to concessions, such as pay cuts, and pension contributions according to sources briefed on the talks. They are looking for 20 million in savings from The Globe, which has already done several deep cost- cutting and staff reductions.
The closing of The Globe was reported by The Globe on Friday evening, on its Web-site Boston.com. A meeting was held on Thursday giving the company an ultimatum.
If The Globe does not make concessions, it would loose 85 billion in 2009. "The Times Company chairman, Arthur Sulzberger, Jr.,and Catherine J. Mathis, chief spokeswoman for the company, each declined to comment or confirm the article."
In 1993, The Times paid 1.1 billion for The Globe. This figure was the highest paid every for a single American newspaper, which was very profitable in that decade.
"The Times Company also wants to end a provision in The Globe’s contracts that gives certain employees lifetime job guarantees." The company has ask employees, including some workers at the New York Times newspaper, to take a five percent pay cut for the rest of the year. The company is in the process of borrowing money and selling its assets too weather the storm.
"The Globe last year reported weekday circulation of 324,000, the 14th highest in the country, and Sunday circulation of 504,000, the 11th highest."
The closing of The Globe was reported by The Globe on Friday evening, on its Web-site Boston.com. A meeting was held on Thursday giving the company an ultimatum.
If The Globe does not make concessions, it would loose 85 billion in 2009. "The Times Company chairman, Arthur Sulzberger, Jr.,and Catherine J. Mathis, chief spokeswoman for the company, each declined to comment or confirm the article."
In 1993, The Times paid 1.1 billion for The Globe. This figure was the highest paid every for a single American newspaper, which was very profitable in that decade.
"The Times Company also wants to end a provision in The Globe’s contracts that gives certain employees lifetime job guarantees." The company has ask employees, including some workers at the New York Times newspaper, to take a five percent pay cut for the rest of the year. The company is in the process of borrowing money and selling its assets too weather the storm.
"The Globe last year reported weekday circulation of 324,000, the 14th highest in the country, and Sunday circulation of 504,000, the 11th highest."
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