All the news that fits, we print (part three)

While I was focused on the sale of our “local” daily newspaper to yet another out-of-town right-winger I overlooked reports that the owner of Velo magazine and VeloNews.com, Competitor Group Inc., has likewise been sold — to another venture-capital outfit, Calera Capital.

As with the sale of the Gazette to Denver billionaire Philip Anschutz, I know nothing about what this may mean for Velo/VeloNews.com’s readers and advertisers. Based on a casual glance at its website, Calera, like Anschutz, appears to have a wide range of financial interests, from banking to forest products to truck stops. Unlike Anschutz, it appears to have had no interest or involvement in media prior to this purchase.

The reports remain unconfirmed by corporate spokescreatures, save for one anonymous insider who told Bicycle Retailer and Industry News that “it’s a done deal. …”

More as (or if) I hear it.

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6 Responses to “All the news that fits, we print (part three)”

  1. sherkat Says:

    I’m bummed that it seems that all print media are going belly up, and/or being bought by nefarious interests. While most of us may use the web for much of what we read or learn, I think many old fuckers like myself need something in print when we’re taking a shit and stuff like that. Indeed, that alone would justify the publication of Velo(whatever). Yet still, my subscription sits….

    • Patrick O'Grady Says:

      DS, at 58 I find myself stuck somewhere in between Old and New Media, which makes me your basic nightmare for the bean-counters.

      I used to subscribe at least one newspaper and read several more. Now I subscribe to none, but read the Gazette and Independent online, and pick up a free dead-tree copy of the Indy if I happen to need something to read in a restaurant, bar or jail.

      The New York Times I scan online while hewing religiously to the free-page-views limit rather than pay for unlimited access, a practice I’m starting to consider shameful, like robbing the collection plate at a church for the blind. The Washington Post site I check to get my dander up, and for laughs I peek at The Los Angeles Times site, wondering who would pay to read that lame shit.

      I kick in a little sumpin’-sumpin’ each year to Mother Jones, The Nation and Political Animal, because I appreciate their labors off the well-beaten path of what passes for journalism these days.

      And in “the reading room,” I enjoy the various bike mags that I receive as a professional courtesy — Adventure Cyclist, Velo, Bicycle Retailer and Industry News, Dirt Rag and Bicycle Times.

      Oddly, I’m not reading many books lately, either in dead-tree configuration or on the iPad. My favorite living authors — Jim Harrison, Thomas McGuane, Richard Russo — all seem to be enduring something of a dry spell, fiction-wise. Any reading recommendations from the Dog Pound?

      • brokenlinkjournalism Says:

        As one who has been known to saw through some old trees from time to time, I find that I am not reading as much as I used to. I guess there are other things happening which are more important. Or at least not as much as a strain on the old peepers.

        Along those lines some recommendations: reread HST, pick up some PJ O’Rourke for the laughs of what used to be the GOP and their nefarious ways, and maybe a Malcolm Gladwell book or two as they can be quite entertaining. Other than that, um, read Cyclocross Mag (online or print) and/or Rocky Mountain Cyclist (online or print) for the ‘reading room.’

    • Khal Spencer Says:

      It would seem a little weird to be bringing the laptop into the Throne Room, so that is one reason to continue to get a few hard copies of stuff. I get Buycycling via my membership in the League of American Bicyclists, but that mag is spotty at best even before it enters the throne room. We subscribe to the Albuquerque Journal, which doesn’t differentiate between online and print subscriptions. They have some good people there. Used to get VeloNews hard copy back in Hawaii but when I gave up racing and especially after they shitcanned CP and Wilcocksin, I rarely visit any more.

      Aye, Patrick, we send a couple bucks a month (or whatever it is) to the NY Times for their unlimited subscription in addition to supporting the Duke City rag in part because I feel guilty as a member of the Liberal Establishment Elite unless I send some money to the folks who put their nose to the printing presses.

      As far as electronic media? Lest anyone think that online reading is “greener” then felling trees, go do some research on the energy it takes to keep all those servers cooled down. Megawatts. I suspect that down in the Land of Entrapment, I keep a whole coal mine going on my own.

  2. Derek Lenahan Says:

    In a hole in the ground there lived a Hobbit, not a deep dark nasty hole…

  3. larryatcycleitalia Says:

    I would love to support our local fishwrapper but like so many it’s owned and staffed mostly by right-wing crackpots. We get yokel news via teevee as three networks here have local affiliates. For REAL news we get the International Herald Tribune via Kindle – great since we can get easily either here in Iowa or in Italy. Velo, or whatever they call it nowadays, stopped coming when we stopped buying ads and I look at the .com version mostly for the entertaining comments. They show a shift to the right in cycling compared to the “good ol’ daze” when old farts like OG and yours truly got into it. I noticed this a lot comparing the LeMond fans to those of BigTex – they went from embracing European culture and cycling history to a “kick their ass, eat their cheese” mentality. Perhaps it’ll swing back now that Big Tex has been outed as a fraud?

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