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That certain seems to be the message of my old boss, John Temple, former editor and publisher of the late and lamented Rocky Mountain News. Since that paper’s closure, he’s been taking some time to ponder the future of the news business — and it’s fair to say he’s skeptical about what he’s seen of Brian Tierney’s stewardship at Philly’s daily papers.
Then, just before the papers totally tanked, in another example of bad judgment recounted in a solid Sunday Magazine article in The New York Times, Tierney “accepted a pay raise and a $350,000 bonus right before the bankruptcy filing — and after employees agreed to give up their own paltry union raises.”
Look, I’ve seen Tierney in action and I welcome his passion for newspapers and for the survival of the two in Philadelphia. I want to see him or any other owner succeed. But I’ve also been on the inside of a troubled newspaper operation and it’s impossible to believe that when he got his pay raise and bonus he, and others involved, didn’t know how serious his company’s financial problems were.
If you were a shareholder, would you want somebody who took a pay raise when his operation was plunging under water running the company? How could you trust that he would put the best interest of the company over his own?
I don’t know. That’s why I wouldn’t get too sentimental about which ownership group takes over the papers.
John put it a little more directly in his Twitter post linking to the blog:
Why it’s hard to believe CEO of Philadelphia papers when it comes to what would be best for their survival.
John isn’t saying anything that isn’t already widely believed in Philadelphia. But after Sunday’s NYT piece — in which Tierney mostly comes off looking like a kinda heroic, “damn the torpedos!” captain going down with the ship — it’s an important reminder that even in the wider industry, Tierney is seen as more of a robber-barron.
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