By: JimRomenesko.com
New York Observer: “New York Times insider: Multi-million dollar shortfall causing drastic cuts
Times reporter Richard Perez-Pena‘s response (posted on Facebook): Warning: I am about to indulge in a long screed. If you don’t care about media covering media (and I wouldn’t blame you), look away.
The New York Observer’s recent article on The New York Times Company and its supposed financial crisis is so slippery, so innuendo-laden, so confused and so laughably wrong on so many levels, that it is hard to tell whether there are kernels of truth buried in the dreck.
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