New York Post media man Keith Kelly crunches the numbers for the American version of British tabloid OK!. It's lost $175.7 million in four years of existence. That's $787,000 an issue. Even the ! in the title is sad.
The Boston Globe lost $50 million last year. It's projected to lose $85 million this year. So the New York Times Co. asked the newsroom to accept a package of cutbacks. Yesterday, they voted "no." Now they're really getting screwed.