Very sad news tonight as The Boston Globe is reporting that one of its former editors, Jack Driscoll, has died. Among other things, Mr. Driscoll was among the most distinguished journalism graduates of Northeastern University — back before we had a formal journalism program.
Mr. Driscoll retired from the Globe in 1993 and had a long, productive retirement at the MIT Media Lab and as a pioneering citizen journalist. Kevin Cullen has the details.
It’s easy to imagine how Jill Abramson’s new book might have turned out differently. In “Merchants of Truth: The Business of News and the Fight for Facts,” the veteran journalist follows the fortunes of four media organizations. BuzzFeed and Vice are young, energetic, willing to break rules and try new things. The New York Times and The Washington Post are stodgy, sclerotic giants trying to grope their way toward a digital future. We all know how that’s going to turn out. Right?
Well, something unexpected happened on the way to the old-media boneyard.
Last weekend I spent an hour or so with The Boston Globe’s amazing Valedictorians Project, which tracked more than 100 Boston valedictorians from about a dozen years ago to see how they are doing today. Like all great digital presentations, it’s hard to imagine why anyone would prefer the print version. The integration of videos and data, as well as the ability to access short bios of every valedictorian, really make the digital version stand out.
Of course, there’s a lot of important reporting here, too. There is much to contemplate, but what struck me more than anything was the cultural shock that many of these young people experienced when they made the transition from the Boston Public Schools to college. We all need to do better.
I could go on and on, but I’ll close with this: Two of our students in the School of Journalism at Northeastern were among those providing research assistance: Zipporah Osei and Patrick Strohecker. A third Northeastern student, Alexander Lim, is with the newly renamed Khoury College of Computer and Information Sciences. Congratulations to all!
Big if vague news: The Boston Globe has cut ties with one of its top advertising executives, Michael Bentley, over issues related to “a safe, welcoming, and comfortable working environment for all employees.”
The ongoing struggles of Boston’s two daily newspapers. What Facebook should do about falsehood-spreading hatemongers like Alex Jones. The FCC’s latest assault on truth, justice, and the American way. And, of course, our 21st annual roundup of outrages against free speech.
With 2018 entering its final days, I thought I’d look back at what I wrote during the past 12 months. Unlike last year, I’m not going with my 10 most-read columns. Instead, I’ve chosen 10 columns that address a range of different issues, presented here in chronological order.
1. Standing up to presidential power — in 1971 (Jan. 17). With President Trump regularly attacking journalists as “enemies of the people” and purveyors of #fakenews, what could have been more welcome than a feel-good movie about the last time the press confronted an out-of-control president? “The Post,” directed by Steven Spielberg, told the tale of The Washington Post’s desperate struggle to catch up with The New York Times, which had beaten them in publishing the Pentagon Papers, the government’s secret history of the Vietnam War. By agreeing with executive editor Ben Bradlee (played by Tom Hanks) that the Post should go all in, publisher Katharine Graham (Meryl Streep) established the Post as a great national newspaper — and paved the way for its later coverage of the Watergate scandal, which ultimately destroyed Richard Nixon’s presidency.
2. The Boston Herald’s new budget-slashing owner (Feb. 14). When previous Herald publisher Pat Purcell took the tabloid into bankruptcy in late 2017, it was supposed to end in a prearranged sale to GateHouse Media, a hedge-fund-owned chain of newspapers known for its cost-cutting. Instead, another hedge-fund-owned chain with an even worse reputation, Digital First Media, swooped in late in the process and bought the Herald for a reported $11.9 million. The Herald has been decimated by Digital First, although the journalists who are still there continue to do good work. How bad did it get? Recently, Herald editor Joe Sciacca was made the editor of seven daily papers and several weeklies in Massachusetts and upstate New York. No doubt Sciacca will do the best he can. But it’s an absurd situation created by owners who clearly don’t care.
3. The 2018 New England Muzzle Awards (July 3). Since 1998, I’ve been writing a Fourth of July roundup of enemies of free speech, first for The Boston Phoenix, and since 2013 for WGBH News. (My friend Harvey Silverglate, a prominent civil-liberties lawyer, writes a separate story on censorship at New England’s colleges and universities.) This year’s Muzzles were especially eclectic, featuring not just bogeymen of the right like President Trump and former White House communications chief Anthony Scaramucci but also former president Barack Obama and Massachusetts Attorney General Maura Healey, a progressive favorite. Surprised? You shouldn’t be. As the late, great defender of the First Amendment Nat Hentoff memorably put it (quoting a friend), “Censorship is the strongest drive in human nature; sex is a weak second.”
4. Boston Globe owner John Henry expresses his frustrations (July 25). Five years into his announcement that he would buy the Globe, I conducted an email Q&A with the billionaire financier, who is also the principal owner of the Red Sox. And though Henry insisted that he planned to hold onto the Globe “during my lifetime,” he said he was frustrated with the paper’s ongoing losses and failure “to meet budgets.” Cuts were made in the newsroom and elsewhere throughout the fall. The situation reached a public impasse just recently, when the Boston Newspaper Guild, which represents the Globe’s editorial employees as well as many on the business side, denounced management for bringing in the “union-busting” law firm Jones Day. The Columbia Journalism Review has described the firm as “notorious for aggressive anti-union tactics that journalists and union leaders say have helped downgrade media union contracts and carve employee benefits to the bone.” See more here, including a statement from Henry this week that the Globe is now “profitable.”
5. Remembering John McCain (Aug. 27). On the occasion of Sen. McCain’s death, I republished a story I wrote for The Boston Phoenix in February 2000, when I followed McCain and George W. Bush around South Carolina as they campaigned in that state’s Republican primary. Bush defeated McCain and went on to win the presidency. I think I had more fun reporting this story than just about any other I can remember. Regardless of what you thought of his politics, Sen. McCain was a great American and a raconteur who enjoyed sparring with the press. Unfortunately, he seems like an anachronism in the poisonous, hyper-polarized atmosphere of 2018.
6. Alex Jones and the privatization of free speech (Sept. 27). Two cheers for Facebook, Twitter, and other social platforms for deleting Jones’ accounts. He’s not just a right-wing conspiracy theorist; he spouts falsehoods that put actual people in real danger, including the Sandy Hook families and the parents of murder victim Seth Rich. But what have we given up when we’ve turned over our First Amendment rights to giant corporations with their own interests and agendas? Social media has become the new public square. And the public has no say in how it’s governed. These days we are all rethinking our relationship with Facebook. We need some sort of public alternative.
7. Our undemocratic system of government (Oct. 10). When the founders wrote the Constitution, they gave us a republic, believing that the will of the majority should be reflected by and tempered through the wisdom of men of their own social and intellectual class. What they did not believe was that the minority should govern the majority — but that’s what we have today. Thanks to a system that favors smaller states, Republicans control the presidency, the Senate, and the Supreme Court despite being supported by far fewer voters than their Democratic opponents. Reform is long overdue.
8. What ails local journalism? (Nov. 12). Probably my favorite topic, and one I’ve turned to on several occasions during the past few years. I decided to highlight this particular column because I used it to concentrate not on the familiar supply side of the crisis (greedy corporate newspaper owners, a diminishing ad market, and technological changes) but on the demand side. In other words, do people really care enough about what is going on in their local communities? And if they don’t, how can local news organizations survive? We need a crash course in civic literacy. After all, you can’t get people interested in news about what’s taking place in city hall unless they understand why it matters.
9. The FCC targets community access TV (Nov. 28). Having already destroyed net neutrality despite an outpouring of public protest, the FCC is now going after a vital source of information at the local level: community access television, the folks who bring you city council meetings, school concerts, and DIY news reports. Under a rule change proposed by the telecommunications industry, local cable providers would be able to deduct the cost of funding public access from the fees they pay to cities and towns. As Susan Fleischmann, executive director of Cambridge Community Television, told me, “This is like a taxpayer saying to the city, ‘I am clearing my sidewalk of snow and keeping the leaves out of the storm drains, and I have also decided to take care of the trees in front of my house. So, I am counting this against the real estate taxes that I owe.’” U.S. Sen. Edward Markey, among others, is trying to protect funding for local access, but FCC chair Ajit Pai has shown little inclination to act in the public interest.
10. My evening with Rachel and Sean (Dec. 6). With news about the Mueller investigation reaching one of its periodic crescendos, I decided to spend an evening watching the two top-rated cable news programs: Rachel Maddow’s show on MSNBC and Sean Hannity’s on Fox News. And though I found the liberal Maddow to be considerably more respectful of actual facts than Hannity, a conspiracy-minded Trump sycophant, I came away thinking that both are contributing to the polarization that is tearing us apart. In nearly 40 years we’ve gone from “And that’s the way it is” to “And here’s the way we will reinforce your pre-existing prejudices.” What a loss.
Finally, my thanks to WGBH News for the privilege of having this platform and to you for reading. Best wishes to everyone for a great 2019.
A source just sent along this end-of-the-year message from Vinay Mehra, the president and chief financial officer of Boston Globe Media Partners. It follows publisher John Henry’s statement earlier this week that the Globe is now profitable and is likely to remain in the black next year as well.
The main takeaways here are that the Globe, having passed the crucial 100,000 mark for paid digital subscriptions several months ago, is now closing in on 110,000. Globe executives have said that if they can hit 200,000 then the paper may be able to achieve long-term sustainability. Also of interest: The Globe is taking part in a three-month exercise with Harvard Business School “to define our business strategy.”
What’s missing: Any mention of the Globe’s contentious negotiations with the Boston Newspaper Guild, including management’s decision to bring in what the Guild has described as a “union-busting” law firm. One hopes that Mehra and the Henrys understand that the people who produce what he describes as “the many successes our journalism racked up this year” should be treated fairly.
The full text of Mehra’s message follows.
As we head into the holiday season, on behalf of [managing partner] Linda [Henry] and myself, I want to take a moment to share with you a few highlights of what we have achieved this year as well as an outline what we hope to achieve in 2019.
Our success in 2018 was no accident. It was a tough year that required a lot of work and I am pleased to say our efforts began to pay off. We started, of course, with powerful journalism across all our brands — The Boston Globe, STAT and Boston.com. On top of that, we found areas of real growth, while we aggressively targeted savings across all facets of our business and carefully managed expenses to stay ahead of the structural declines we are all seeing in our industry. For the first time in a long time, we are ending the year in black, and to remain there we must continue our vigilance in looking for efficiencies.
But financial results are just one measure of the many successes our journalism racked up this year. There are way too many to list here, so I’ll mention just a few:
Spotlight was a Pulitzer finalist for its groundbreaking series in December  on race issues in Boston that inspired a region-wide discussion that has no precedent
Our coverage of the State Police overtime fraud investigations, the Columbia gas explosions in the Merrimack Valley, the investigative pieces on Massachusetts secret courts and the TSA’s Quiet Skies program drove accountability and change
The stories in STAT about IBM-Watson’s troubled health business led to a major leadership change at the company
We also extended the reach of our journalism by expanding into new platforms:
The Aaron Hernandez Spotlight series in the Globe resulted in a podcast with over 4 million downloads, a trip to number 1 on the Apple charts, and considerable interest from Hollywood
Last Seen, a true crime podcast examining the most valuable and confounding art heist in history from the Isabella Stewart Gardner Museum, hit over 3.4 million downloads and was in the top 10 on iTunes
Season one of the Love Letters podcast launched earlier this year when Meredith took on the hardest question she gets: How do I get over it? Leveraging its success, season two will launch in early 2019
As incomparably talented as our journalists are, they don’t do it alone. Peel back the curtain, and what’s revealed is you … our employees across all departments of BGMP [Boston Globe Media Partners]. Day in and day out, your coordinated efforts — leveraging your relationships, expertise, passion and creativity are what have made this institution a leader in an industry that is starting to find its footing.
For growth on the digital side to be sustainable, we must remain focused, bold, and daring, and in 2018, we had no shortages of examples:
We continued our digital growth, ending the year with close to 110,000 digital-only subscribers for the Boston Globe — more digital subscribers than almost any other major metropolitan news organization
We invested in a new digital content management system, Arc, and launched a new mobile app for the Boston Globe, another step in our digital transformation
STAT doubled down on coverage of life sciences, pharma and biotech, resulting in record revenue and subscriber growth
We launched a new section on cannabis dedicated to covering and facilitating conversations around the politics, business, use and impact of cannabis in the Northeast
Our events brought the community together to talk about important issues such as race, the future of work, the future of democracy, and the midterm elections
Impressive commercial results and remarkable engagement of our readers to our stories are not the only things that drive us. Being a leader in the news industry comes with responsibility. We take that role seriously and demonstrated it in August, when our editorial board led a coordinated effort that resulted in 450 newsrooms across the country joining us to defend the freedom of the press against harmful rhetoric labeling the press as “the enemy of the people.”
As important as it is to drive these conversations in the community, it’s important for us as an organization to reflect on how we can live up to what we shed a light on. One example was the Race Series, which prompted a degree of self-reflection. Leadership on diversity and inclusion starts at the top, so we have made an intentional effort to ensure our executive team represents a broad range of backgrounds. We will continue to move through our practices in recruiting, talent assessment, and measuring the leadership of this organization against a few core guiding principles, one of which is related to creating an environment that nurtures inclusion, and compensation goals will be tied to this important measure.
It’s not lost on me that there are many questions about the future of our business and our strategy. This past month, a cross-functional team of more than 30 leaders across all disciplines of our organization met with me and a team from Harvard Business School to begin a 3-month exercise to define our business strategy. We all left very encouraged and I will have more to share as we move forward.
As we reflect on a transformative and eventful year, the reality is this: when the business had been experiencing double-digit declines we didn’t dig a hole and hide, we invested — in new business models, new technologies, new talent. We didn’t lose faith. We continued to produce quality journalism, launch new products, and provide opportunities to convene our community around important issues.
All of us know that people who choose to spend their lives in the news business are special, they’re unique, and they are undeniably passionate about their work. This isn’t simply a job, it’s a mission — a mission motivated by our love of informing people. And that’s precisely what makes me so proud to work alongside each and every one of you.
We wish you and your loved ones a happy, restful and safe holiday and I look forward to seeing you in 2019.
Here’s an unexpected development: The Boston Globe, which has been losing money more often than not for years, is now turning a profit, according to publisher and owner John Henry.
“The Globe may have turned the corner finally due to management, increasingly relevant journalism, continuing strategic investment and by becoming much more efficient in all areas,” Henry said Tuesday night in response to an email query. He added: “I don’t know how long it has been … since the Globe had a profitable year but we will this year and probably next as well. As our digital growth continues the sustainability of a vibrant Boston Globe is coming into view. It’s been a long time coming.”
What prompted my email was buzz coming out of the Globe newsroom that management had claimed the paper was running in the black. It struck me as unlikely, but Henry has now confirmed it, although he did not respond to my request for some actual numbers.
The good news comes at a moment when Henry and his management team have taken an aggressive stance in contract negotiations with the Boston Newspaper Guild, the union that represents the Globe’s editorial employees and many on the business side as well. The Guild recently issued a statement denouncing management for hiring the “union-busting” law firm Jones Day, described by the Columbia Journalism Review as “notorious for aggressive anti-union tactics that journalists and union leaders say have helped downgrade media union contracts and carve employee benefits to the bone.”
I asked Henry if he was concerned that hardball tactics with the union could result in a loss of goodwill with his employees and the public. As you’ll see below, he did not answer directly. But it doesn’t seem like a good look to crack down on the union at a time when its members’ sacrifices have helped Henry balance the books. That said, negotiations often get ugly. That doesn’t mean the talks can’t be resolved on terms both sides can live with.
Henry, a billionaire financier who is also the principal owner of the Red Sox, has long lamented the Globe’s declining fortunes and the dismal state of the newspaper industry in the five years since he bought the paper from the New York Times Co. When I interviewed Henry in early 2016 for my book “The Return of the Moguls,” he said he expected to lose money both that year and the following year. “You look at the Globe — we have about $300 million a year in income and we can’t make money,” he said. “The cost of making money is high.” (Earlier this year the Boston Business Journal estimated that revenues for 2018 would range from $225 million to $250 million.)
This past July, Henry told me in an email interview for WGBH News that the losses were continuing. “The Globe cannot ever seem to meet budgets — on either the revenue side or the expense side and I am not going to continue that,” he said. “This has always been about sustainability rather than sizable, endless, annual losses. That is frustrating and due to a combination of mismanagement and a tough industry.”
Since that time, management, headed by president and chief financial officer Vinay Mehra, has cut spending on both the news and business sides. It seems to have worked, although news coverage and customer service have taken a hit. Throughout the news business, of course, revenues continue to decline. But there is reason for some optimism with the Globe. Several months ago it passed the 100,000 mark for digital subscribers, an important milestone. Globe officials have said the paper could approach financial viability if they can reach 200,000. Needless to say, that’s a lofty goal.
The full text of Henry’s email follows.
The Globe may have turned the corner finally due to management, increasingly relevant journalism, continuing strategic investment and by becoming much more efficient in all areas.
There has also been a focus on getting costs and practices closer to industry standards of major newspapers. This is something the Globe was never able to do. And this is what I believe management is continuing to do in its negotiations with the guild presently.
We want the strongest possible newsroom in the future. Much as sports teams are dependent on the talent of those who take the field every day, the Globe depends on a talented newsroom and editorial page that hopefully has the tools they need to be successful. So ultimately I believe management and the guild will find common ground in a very challenging environment for newspapers where your very survival is dependent on doing the right things day-to-day.
Both have the same overriding objectives — to provide our community with vital, serious journalism.
I don’t know how long it has been, Dan, since the Globe had a profitable year but we will this year and probably next as well. As our digital growth continues the sustainability of a vibrant Boston Globe is coming into view. It’s been a long time coming.
This just in: Sounds like some major strife between Boston Globe management and the Boston Newspaper Guild, the union that represents the Globe’s newsroom employees as well as many on the business side.
Globe management’s hardline stance will be the subject of Emily Rooney’s rant tonight on “Beat the Press” (WGBH-TV, Channel 2) at 7 p.m. The full text of the union’s message follows. The video should be up on our YouTube channel later this evening.
During negotiations for a new contract with the Guild, the company has presented a ridiculous and draconian proposal that would strip away essential protections and provisions in the contract like overtime, seniority, pay scales, job descriptions, severance as well as limit the time and scope of issues members can grieve and arbitrate, and more. The paltry offer of 2 percent raises, an increase to 401k and paid parental leave (by reducing sick time for everyone) is frankly insulting. We are offended by their offer and we know many of you are too.
We’ve told them as much, now they need to hear it from you.
To show our disgust with their offer and our unity in fighting for a fair contract, we’re asking all members to wear your bright red BNG T-shirts on Tuesday. If you’re out of the office, drape it over your desk chair. After Tuesday, keep your shirts visible around the office.
If you don’t have a T-shirt already let us know and we’ll get you one by Monday. Boxes are on their way to State Street and Taunton so we can hand them out.
Also, please follow and stay tuned to the Guild’s Twitter and Facebook accounts.
This is just a first step. More actions are being planned and we’ll send you information about those soon.
We need to show the company their proposal is unacceptable.
BNG Negotiating Committee & BNG Action Committee
Stat, one of Boston Globe owner John Henry’s other media properties, is making a big move. Editor Rick Berke announced today that the health-and-life-sciences news organization is hiring Matthew Herper, a veteran Forbes reporter whom Berke describes as “sensational,” not to mention “supremely talented, versatile and deeply sourced.”
I sometimes describe Henry’s five years of ownership as throwing stuff against the wall to see what will stick. Some ideas, like Crux, launched to cover the Catholic Church, slid onto the floor, though it continues to do well under different ownership. Stat is one of the ideas that has stuck. The project was launched in 2015 with nearly 40 full-time journalists. It’s a bit smaller today (Berke puts the number at around 30), but it appears to be doing reasonably well.
During the past couple of years the emphasis at Stat has been on paid content, a $300-a-year subscription-based model known as Stat Plus. Revenue, Berke told me in an email, is 20 percent ahead of projections. “We’re not breaking even but closer and closer to profitability,” he said. According to Angus Macaulay, Stat’s chief revenue officer, the site is aiming for 10,000 paid subscribers by the end of 2019, and “we’re ahead of that timeline.”
Like Stat, the Globe itself is smaller than it was when Henry first bought it. But Henry continues to invest, if not necessarily on the scale of giving $68 million to Nathan Eovaldi so that he’ll stay with the Red Sox, one of Henry’s other holdings. The Globe is currently restocking its Washington bureau after losing several top people to The Washington Post and The New York Times, Michael Calderone recently reported in Politico. That’s not necessarily where I’d put my money (if I had money). But Globe editor Brian McGrory said at a conference last year that national politics drives readership and paid subscriptions.
In the early days of Stat, there was a lot of coverage aimed at a general audience — and, in fact, stories from Stat still migrate to the Globe on a fairly regular basis. But the paid Stat Plus model means that the site is increasingly targeting health-care professionals. The Herper move sounds like a smart way to appeal to that audience.
The full text of Berke’s message to his staff follows.
I could not be more excited to announce that we have a sensational new colleague: Matthew Herper.
Many of you are familiar with Matt’s work. Over the past 18 years at Forbes, he has distinguished himself as a supremely talented, versatile and deeply sourced reporter with a loyal readership across the health care and science communities. His first cover (with Bob Langreth) was “How the Drug Industry Abandoned Science for Salesmanship.” He went on to write 16 more covers, ranging from a deep look at breakthrough cancer immunotherapies to an early assessment of the potential impact of Bill Gates on vaccine development. This past summer, in one of his most moving recent projects, Matt gave readers an intimate window into the life of Michael Becker, a biotech executive facing end-stage cancer.
Matt also holds the journalistic distinction of having interviewed Elizabeth Holmes and Martin Shkreli on stage the very same day. (That was in their halcyon year.)
For our team of journalistic powerhouses, there is no better recruit. Matt’s interest in revelatory and compelling stories is naturally suited to STAT. He sees himself as writing and reporting from the perspective of a bench scientist, focusing on the researchers who create or study tomorrow’s medicines. He also has a knack for getting some of the most influential names in the life sciences industry to talk with him.
Beyond Matt’s journalistic heft, I see his joining us as a critical step in further ensuring our business success. Presumptuous as it may be, our objective is very clear: to corner the market on smart, must-read journalists writing about health, medicine, and science.
STAT Plus is already growing beyond our projections, and we’re confident that Matt will help us accelerate the expansion of our core business of paying subscribers and sponsors. In addition, Matt will be our point person on the editorial staff as we build out our events business.
Matt’s title will be Senior Writer, Medicine. Like Ed and Damian, he’ll be based in New York. But he has family in the region, and we’ll encourage him to work from HQ as much as he’d like.
Lastly: Matt’s interest in joining us is a testament to our groundbreaking journalism and the business that we have built. One of our biggest draws, he said, is that he’ll get to work with reporters whose work he has admired for years.
“For years, I’ve been saying this is biology’s century,” Matt told me. “Nobody has been covering that giant story better than STAT. I can’t wait to join this amazing team and see what we can do together.”
For local and regional news organizations, nothing is more expensive — or more important — than investigative journalism aimed at holding government and other large institutions to account. Despite the economic challenges that continue to shrink the newspaper business, The Boston Globe continues to provide a steady stream of such stories. And over the past few days, the paper demonstrated the results of two innovative ways to fund such reporting.
First, on Saturday, the Globe published a major update on how Catholic bishops have failed in their response to the sexual-abuse crisis. The story, which appeared in print on Sunday, was reported and written by a team of journalists from the Globe and The Philadelphia Inquirer, with funding from the Lenfest Institute for Journalism. The institute, a nonprofit organization, owns the Inquirer and two sister media properties, the result of a gift from the late Gerry Lenfest in 2016. (I wrote about Lenfest’s legacy for the Globe after his death in August.) Here is how the Globe describes the partnership:
Boston and Philadelphia have been ground zero for the Catholic clergy sex abuse scandal — both cities have endured years of church investigations, allegations, prosecutions, and lasting scars. Now, amid a rising tide of revelations about misconduct by US bishops, the Inquirer and Globe pooled their resources for a deeper look at the crisis. Reporters from the two newsrooms visited nine states, conducted scores of interviews, and reviewed thousands of pages of court and church records to produce this report. Funding for the effort came from the Lenfest Institute for Journalism.
Then, today, the Globe published a story by Jana Winter on attempts by hackers to penetrate voting systems across the United States. Fortunately, her reporting shows that officials are well aware of those attempts and that they appear to be on top of it. Equally interesting, though, is that Winter is the Globe’s Spotlight Fellow — a program funded by Participant Media, which produced the movie “Spotlight.” The fellowship, according to the online description, provides “awards up to $100,000 for one or more individuals or teams of journalists to work on in-depth research and reporting projects.”
As if to underscore the need for alternative funding for accountability journalism, the Globe unveiled a shrunken business section on Sunday, moving innovation columnist Scott Kirsner to Monday.
Quick note about my weekly @bostonglobe column, “Innovation Economy”: after more than a decade of running on Sunday, it’s moving (back) to Monday. Not my decision but I’m psyched to keep it going. It originally launched in Feb 2000 on Mondays.
Kirsner’s column was usually the main event in the Sunday business section. Given that it will continue, this isn’t too much of a loss. But it does show that the Globe’s finances remain precarious, as publisher John Henry admitted when I interviewed him during the summer for WGBH News:
The Globe cannot ever seem to meet budgets — on either the revenue side or the expense side and I am not going to continue that. This has always been about sustainability rather than sizable, endless, annual losses. That is frustrating and due to a combination of mismanagement and a tough industry.
In such an economic environment, it’s essential that the Globe find new ways to pay for what really matters.