Globe Herald Hostage (Lowball Edition)

Once again the Boston Herald is a day late, but it’s the dollar short that’s interesting.

Yesterday’s Boston Globe featured this update on the sale of the paper:

Field of bidders for Globe reportedly narrows

Groups with local ties – Taylor family Henry, equity group – remain in contention

At least three investor groups with local ties apparently remain in contention to buy The Boston Globe and its related businesses, according to people briefed on the matter.

The narrowed field of bidders includes members of the Taylor family that formerly owned the Globe; Boston Red Sox owner John Henry; and Robert Loring, a Massachusetts native who owns the Tampa Tribune, said people briefed on the process.

The owner of the U-T San Diego newspaper is a possible fourth finalist, but the status of the bid could not be confirmed Thursday.

And then the money quote: “The competing bids range from $65 million to $80 million, according to the people briefed on the matter.”

Here’s how that translates into Heraldese . . .

Read the rest at It’s Good to Live in a Two-Daily Town.

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Magazine Cover o’ the Week (Hedge Fund Myth Edition)

Every Friday, Bloomberg Businessweek arrives – unbidden – at the hardworking staff’s doorstep.

(We’re guessing it’s an offshoot of our Wall Street Journal home subscription.)

Regardless, Bloomberg Businessweek has consistently interesting covers.

Current issue (tip o’ the pixel to FishbowlNY):

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Questionable taste? Yes.

But unquestionably smart.

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Why The Wall Street Journal Is A Great Sports Paper

The Wall Street Journal consistently produces imaginative sports reporting (Jason Gay being just one example).

Friday’s Journal provided yet another example:

In America’s Pastime, Baseball Players Pass A Lot of Time

The findings: 90% of the game is spent standing around.

In any given year, roughly 70 million people will attend major-league baseball games. A lucky handful will be treated to something unforgettable: a no-hitter, a walk-off grand slam, a player stealing home. Many more fans will see towering home runs, late-inning rallies and diving catches. But there is one thing every single fan who buys a ticket is 100% guaranteed to see: a bunch of grown men standing in a field, doing absolutely nothing.

Baseball is remembered for its moments of action, and it is no secret that such moments are fleeting. But how much actual action takes place in a baseball game? We decided to find out.

By WSJ calculations, a baseball fan will see 17 minutes and 58 seconds of action over the course of a three-hour game. This is roughly the equivalent of a TED Talk, a Broadway intermission or the missing section of the Watergate tapes. A similar WSJ study on NFL games in January 2010 found that the average action time for a football game was 11 minutes. So MLB does pack more punch in a battle of the two biggest stop-and-start sports. By seven minutes.

Lots of people complain about the pace of baseball. The Journal put a stopwatch to it. (Yeah yeah – others might have done the same. But did they reach as many as the WSJ does?)

Representative samples:

51 MIN 27 SEC: TIME BETWEEN PITCHES during a Nationals vs. Reds game.

Or:

46 MIN 50 SEC: TIME BETWEEN BATTERS during an Indians vs. Astros game.

Plenty of other timely information in the Journal piece. Well worth checking out.

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Everything You Need To Know About The New Season Of ‘The Newsroom’

HBO’s full page ad for The Newsroom in Friday’s New York Times:

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Pretentious? (Paging Aaron Sorkin, paging Mr. Aaron Sorkin.)

Yes.

Insufferable? (Paging Jeff Daniels, paging Mr. Jeff Daniels.)

Yes.

The hardworking staff will watch it?

Yes.

God help us.

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Celtics ADknowledge Boston Herald’s Existence

The hardreading staff has noted two instances lately of tribute ads that ran in the Boston Globe but not in the Boston Herald. And so it was with no little interest that we saw this in today’s stately local broadsheet:

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Which sent us scurrying to the Herald to see if it had suffered its accustomed fate . . .

Read the rest at It’s Good to Live in a Two-Daily Town.

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Ask Dr. Ads: Is The Diesel Brand Running On Fumes?

Well the Doc opened the old mailbag today and here’s what poured out.

Dear Dr. Ads,

I saw this full-page ad in Thursday’s New York Times:

Picture 1

You have the control?

What are you going to do with it?

#DieselReboot?

What’s going on here, Doc?

– Low Octane

Dear Low Octane,

What’s going on is a reinvention of Diesel’s brand image with a social-media twist. As blogger Nik Thakkar writes on Karl Is My Uncle . . .

Read the rest at Ask Dr. Ads.

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A Major Acquisition That Will ‘Altar’ MFA

A controversial but historically important artwork has been cleared by a British court to come to Boston’s Museum of Fine Arts.

From The Art Newspaper:

Anglican court says Benjamin West altarpiece can go to Boston

City of London church to sell the masterpiece to fund repairs

245-ne-mb-St Stephen Walbrocut 01

A Church of England court has ruled that Benjamin West’s altarpiece, Devout Men Taking Away the Body of St Stephen, 1776, which was made for one of the most important churches in the City of London can be sold for display in the US. The $2.85m painting is being bought by an anonymous foundation, which is due to lend it to the Museum of Fine Arts, Boston . . .

The altarpiece has a colorful history: It was installed in St Stephen Walbrook church (“rebuilt in 1679 by Christopher Wren after it was destroyed in the Great Fire of London”) without proper permission in 1776, and it was removed “in around 1987, again without the necessary permission.”

The whole story is a rollicking, tangled tale that’s well worth checking out in the Art Newspaper. Bottom line:

Following conservation, it will be installed in the Museum of Fine Arts, Boston at the entrance to the Art of the Americas Wing. A museum spokeswoman says that the West will create “a spectacular link between paintings of the new world and the old”.

Spectacular.

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Hucksters On A Train: Windows Beam Ads To Brain

The-talking-window-YouTube-1Airports have facial-recognition systems built into digital advertising screens. Supermarkets have directional audio ads beamed to individual shoppers. And now commuter trains have windows that transmit ads directly into your head.

It’s a whole new kind of marketing skullduggery.

From MediaBistro’s PRNewser:

[N]ext time you plan to snooze while leaning up against a subway window, you may be in for a surprise: rather than the familiar buzzing sound, you might hear a message being transmitted directly into your skull via the vibrations. Should this occur, we assure you you aren’t hearing ghosts or being secretly recruited to be the next 007; you are simply experiencing a new form of advertising brought to you by BBDO.

The ads, which are completely inaudible until your head touches the glass, work by using a process called bone conduction.

That would be sound waves vibrating through your skull. Helpful YouTube video . . .

Read the rest at Sneak Adtack.

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Ask Dr. Ads: What’s Up With The ‘Heroic Media’ Anti-Abortion Ads?

Well the Doc opened the old mailbag today and here’s what poured out:

Dear Dr. Ads,

I recently saw this Wall Street Journal ad from an outfit called Heroic Media.

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The website’s Frequently Asked Questions section says this about the group’s funding:

Our primary source of income is from individual donors. We also receive support from churches, organizations and foundations. We do not receive income from government sources.

No kidding.

What’s the scoop on this campaign?

– 19 Weeks

Dear 19 Weeks . . .

Read the rest at Ask Dr. Ads.

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Baby I Can Drive My Carr (Kevin Weeks Edition)

From our Walt Whitman desk

Boston Herald hack Howie Carr got another spotlight dance with himself out of yesterday’s James “Whitey” Bulger court proceedings.

Carr’s column today is largely about the exceedingly odd nature of Bulger’s defense.

070913bulgermg002Whitey defense team falling into a rat trap

Whitey Bulger is obviously acting as his own lawyer, and as the old saying goes, he has a fool for a client.

How else to explain his increasingly bizarre defense, which ended yesterday in a fitful flurry of F-bombs between him and his minion, Kevin “Two” Weeks?

Talk about ironic: Whitey’s gravedigger buried his old boss, and he did it under cross-examination, by Whitey’s own lawyer.

All Bulger cares about, Carr says, “is not going down in gangland history as a rat.”  (Not to get technical about it, but Whitey also cares about not going down in gangland history as the killer of two young women, Deborah Hussey and Debra Davis.)

Regardless, as so often happens, it eventually becomes all about Howie:

Yesterday, Weeks outlined five murders, and afterward all Carney would ask him about was his informant status — that and his alleged plot to kill me. Two Weeks said he and Whitey both wanted to whack me.

“I even knew his address — 99 Concord Road.” No wonder I’m still alive. I lived at 91 Concord Road.

Just for the record: Today’s Boston Globe coverage doesn’t mention Carr.

Originally posted at It’s Good to Live in a Two-Daily Town.

 

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