Tierney rips Time blog
He rebuts 'report' that Daily News is teetering
Brian Tierney, chief executive officer of Philadelphia Media Holdings, blasted Time magazine's Web site yesterday for a blog post that described the Daily News as the most endangered newspaper in America.
"I like catchy Top 10 lists as much as the next guy, but the Daily News is not going anywhere," Tierney said in a prepared statement. "It is beloved by its readers for its Philly attitude toward sports, entertainment and politics. . . . The fact that this 'report' can get such widespread coverage is a case study in why we need to preserve institutions like the Daily News, which has reporters who actually call sources and editors who actually check facts. If we hold up this type of blog 'reporting' as journalism, God save our democracy."
The blog item was headlined "The 10 Most Endangered Newspapers in America." Among other points, it cited the recent bankruptcy filing by Philadelphia Newspapers LLC, owner of the Inquirer and Daily News, and asserted that the city could not support two newspapers. Tierney disagreed.
"The Daily News is profitable," he said. "Our newspapers made $36 million last year. The Daily News is the 91st-largest newspaper in America in the fourth-largest media market. There is ample room for two newspapers in Philadelphia." *























