Image by roland via Flickr
If the 500 editorial, advertising and circulation workers do strike, how long will they be able to be out before the Globe & Mail shuts down and vanishes? Without a doubt it is a great paper with a great history. However, in the face of newspapers having difficulty competing with online sources, will this be a catalyst for people to simply abandon the old fashioned newspaper - founded in the 1800s, and start using technology from 1996 and 2005 to browse the web on their computers or wireless devices? That's where my money would be.
I don't know anything about the background of the dispute at the Globe & Mail, but maybe the employees should be looking at better alternatives, such as:
- Revenue sharing based on producing popular content for the Globe's websites?
- Ownership and bonuses based on the actual success & longevity of the enterprise?
- Opportunities to participate in unique revenue creating ventures?
From CBC.ca:
- Globe and Mail news and sales employees on Saturday voted 97 per cent in favour of authorizing their bargaining committee to call a strike unless the company comes up with a better deal to replace their expiring contract.
- The 500 editorial, advertising and circulation workers' current four-year contract expires on June 30, and a strike or lockout at the Toronto-based daily newspaper could take place on midnight of that day.
- The Globe and Mail is a nationally distributed newspaper based in Toronto, and printed in six cities across the country (Halifax, Montreal, Toronto (several editions), Winnipeg (actually printed in Brandon, Manitoba), Calgary and Vancouver)
- It has a weekly readership of 935 000
- The Globe and Mail has always been a morning newspaper.
- In 1995, the paper launched its Web site, globeandmail.com, which had its own content and journalists in addition to the content of the print newspaper.
- It later spawned a companion Web site, globeinvestor.com, focusing on financial and investment-related news.
- The predecessor to The Globe and Mail was The Globe, founded in 1844 by Scottish immigrant George Brown
- The Toronto Mail and Empire was founded in 1872 by Tory politician Sir John A. Macdonald (the first Prime Minister of Canada)
- In 1936, The Globe merged with The Mail and became The Globe and Mail.
In 1965, the paper was bought by Winnipeg-based FP Publications controlled by Brig. Richard Malone - The Report on Business section was launched in 1962
- FP Publications and The Globe and Mail were sold in 1980 to the Thomson Group
- Control of the paper was sold to telecommunications company BCE Inc. in 2001.
- A year earlier BCE had also acquired CTV, a major private television network.
- With the sale, the Globe and CTV were merged into a new company named Bell Globemedia (now CTVglobemedia), which became a subsidiary of BCE with the Thomson family retaining a minority stake.
- In late 2005, BCE reduced its stake in Bell Globemedia, leaving the Thomson family, through its holding company Woodbridge, with a 40-percent stake. BCE, Torstar (owner of the Toronto Star) and the Ontario Teachers' Pension Plan each control a 20-percent stake.