R.I.P. G.G.O.
More than a year ago, I ran into Mike Barber in the returns line at Lowe's. He told me that he wanted to talk with me about investing in a weekly newspaper. I said I had all the newspaper I could handle right now. He said, no, I'm thinking about investing in one. I said I'd be happy to talk with him about it but I needed to ask him a question first: Are you an idiot?
He laughed and reminded me that he was a county commissioner, after all. He never called me to follow up. He ended up being an investor or advisor or some such to the Greater Greensboro Observer for a while. Now we report that the weekly tabloid is done for.
Even though hope springs eternal for publishers in Greensboro, it's a tough market. Competition is fierce, advertisers are hardly abundant and quality costs money. Good luck to Ogi and friends. I hope they land on their feet.
Comments (4)
To report abuse of the comment feature on this site, please use the feedback form at the bottom of any page.
I'll miss the GGO because there was a certain amount of irreverence allowed in the weekly's that the daily has lacked since Jim Jenkins. I guess the problem is that today I expect the weeklies to be full of it and the News & Record to play it straight.
Posted on February 8, 2005 11:04 AM
I'll miss the GGO because I liked having an alternative to the "alternative."
Posted on February 8, 2005 3:22 PM
Don, I appreciate your word choice. I was afraid you were going to say that the GGO was irreverent and that the daily is a joke. :)
jw, just wait a little while. There seem to be no shortage of investors who want to start their own alternatives to the alternatives to the alternative.
Posted on February 8, 2005 4:27 PM
Mr. John i know you would like to start a paper with Mr Skip Auston,you need to write about him so much.
Posted on February 11, 2005 7:48 AM