Add to Michael Bates’ detailing of the financial woes of the Tulsa newspaper this tidbit from Frosty Troy’s Oklahoma Observer:
The Tulsa World owners have declined to meet their current $100,000 pledge on the Capitol dome. (They may also defer on $100,000 owed next year.)
Well, that’s one way to offset the red ink, I guess. Maybe that’s why the World sacked two-thirds of its Capitol staff.
Addendum, 11 January: It just gets better:
While executives at the Tulsa World were deciding which 28 employees would be fired in a cost-saving move to help the company deal with reduced advertising revenue, the president of the company, John R. Bair, was being processed for a $90,000 “proprietary membership” in the ritzy Southern Hills Country Club.
It’s almost enough to make you feel sorry for the Seattle Post-Intelligencer. Almost.