Tom Mashberg former union official at the Boston Herald has commented on the current Boston Globe owners threat to shut down the newspaper. Mashberg offers advice to both Globe managers and union members as he had to deal with a similar desperation in 2005 to allegedly keep the struggling Boston Herald afloat. His comments appear to be sincere and I would like to take them as such.
Mashberg states the differences between the Boston Globe and Boston Herald in dealing with the crisis facing their survival. This has caused a wedge to any solution to keep the Globe a viable newspaper from death.
Patrick J. Purcell is a local based publisher of the Herald who makes decisions. Some say Purcell is joined at the hip and has been accused of being a Rupert Murdock media mogul front guy though never openly proven. This may have some suspicion as the Herald which closed its own printing plant displacing many workers is printed at a Murdock owned printing plant in Chicopee and not Boston. Also, the Murdock empire recently purchased a Massachusetts regional newspaper chain and Purcell is performing management services? Additionally, the Herald employees have traditionally always received survival wages from a most long timestruggling newspaper management.
This states the difference in the survival mode of what the Herald endures versus the antics what the New York Globe is doing. Mashberg says the Herald publisher lets the union review Herald books every three months. No one makes a lot of money at the Herald he states including the publisher.
Trying to have sympathy for the New York Times owners is most difficult. The management of the Globe took bonuses despite losing over $50 million last year. Those in New York did the same as well as the owners getting shocking rewards despite losing billions in stock value. This should not have been done and smacks of another AIG, Bear Stearns, Lehman Brothers, Merrill Lynch fiasco without the taxpayer bailout as yet.
Now Globe mangers are threatening to shut down the newspaper unless more and more concessions are given up by a beleaguered workforce. This is scaring the remaining advertisers and does not help a sincere survival process lacking opening up all financial books to the union. This private business has placed the public eye on itself and should therefore open its books to the workers, advertisers, and general public to insure validity of what is going on.
The public knows that newspapers are drying up all over the country because of the new media of the internet, blogs, and cable news. The time has come for total transparency and oversight by Globe and the New York owners. Or, is this a game to file bankruptcy, take a tax loss for a toxic asset, or sale to a liquidator at 1, 5 to 10 cents on the one billion dollar plus previously paid for the newspaper and thus removing the union entities?
The politicians crying because of the pending potential demise should view the Boston Globe and the cancer plaguing the newspaper industry. We are watching a serious threat to press freedoms, free speech, transparency, oversight, and accountability in Government, Business, and Labor.