If we start to suspect that the playing field is starting to empty, who fancies being a player?
General, Journalism | (1)
We're not going to go round the block again.
We're just going to try and move the debate on.
Anyway, on the basis of this...
http://newsosaur.blogspot.com/2008/07/perilously-funded-papers-hit-wall.html
...and this week's announcement by TrinityMirror of their first half-year results - and therein, one presumes, their explanation of how, exactly, they are going to continue to service the pension fund that caused their recent little spat with The Times - you do begin to wonder whether private equity will ride to anyone's rescue newspaper-wise.
http://blogs.pressgazette.co.uk/mediamoney/2008/07/18/the-economics-of-going-private-if-the-predators-are-willing-perhaps-their-bankers-are-too-weak/
As our Pete points out, the prospect of owning a creaking press, a fleet of little diesel vans and a wobbly pension mountain might ...