Creative Loafing is now owned by private equity speculators who just want to spruce the papers up enough to flip them--the same way that an investor fixes up a foreclosed house so it will sell. I guess that is good news. Hmmm.
It's better news than having Eason running the chain. He's done an excellent job of running it into the ground. I was surprised to read that his business model for editorial was the Huffington Post--a skeleton staff with aggregated content. That explains a lot. Perhaps he did not realize that HuffPost still does not turn a profit. Details, details.
I love newspapers and I stopped reading Creative Loafing at least a year ago. I used to look forward to picking it up every week and I enjoyed reading the entire issue. It's a waste of my time now. And sad. Nourahee, Holman and Henry are still there, but they've been squashed. Seems like they can't do their thing and use their talent.
The paper started going downhill before Eason bought the Reader and City Paper--when he got all excited about the Web and started gutting the print paper. The writing has become pedestrian and it's just press-release driven entertainment coverage. Whoo hoo.
I know you all don't have no classified ad revenue no more, which makes it harder to give writers the time and space to write good stories. I'd pay for a decent weekly with good writing, lively stories and aggressive coverage of local issues. What little hard news coverage CL has now is superficial, rehashed and tame--not much different from the AJC.
Creative Loafing Atlanta
Powered by Foundation