No Fake News Here – The Onion To Shutter Its Print Edition

0
No Fake News Here – The Onion To Shutter Its Print Edition

Growing up in Madison, Wisconsin where The Onion was founded in 1988, we knew we had something special. Something that was a quirky addition to our quirky city. In addition to having had two of my pieces published in the 1990’s during my short stay there, I spent a summer delivering the laughs that we’ve come to expect from the newspaper in a beat up old pickup truck where I would begin my day at 5AM. Sadly, I’m not sure I remember a time when people were so happy to see me.

The Onion

In 1996, The Onion finally got the attention it deserved when it first went online. However, at least to me, The Onion was a local “newspaper” whose bottom three inches were filled with coupons to various local businesses. The majority of these coupons were for businesses that catered to students and stoners. There were a lot of pizza coupons.

This Value Fund Generated Significant Alpha In 2021

InvestGrizzlyRock Value Partners was up 34.54% net for 2021. The fund marked 10 years since its inception with a 198% net return, resulting in an annual return of 11.5%. GrizzlyRock enjoyed 14.8% long alpha against the S&P 500 and 26.9% against the Russell 2000. Q4 2021 hedge fund letters, conferences and more The fund's short Read More

The Onion print edition

The print edition of the rag at one point was distributed free of charge in 17 U.S. cities before The Onion saw the same sagging ad sales that have decimated the printed word. Last year, the paper stopped its print edition in New York and more sadly this summer saw Madison, WI lose its edition. From there it was only a matter of time before today’s announcement.

The last print editions — in Providence, R.I., Milwaukee and the paper’s home city (though not home town) of Chicago — will run on Dec. 12. While certainly and end of an era, The Onion’s online edition will live on for the foreseeable future given its 7.5 million monthly visitors.

Mike McAvoy on Onion’s growth

Onion, Inc. President Mike McAvoy said the company’s focus in recent years has been on “growing the digital side” of the business.

“While the print edition is an important part of our history, we are very excited for the opportunities that come with prioritizing digital for even greater company growth,” McAvoy said in a statement.

“We believe our move to an all-digital brand, alongside our content — which is funnier than ever — will position us for continued success the next 25 years,” McAvoy said.

Let’s hope so, because I don’t know what I would do without headlines like “Black Guy Given Nation’s Worst Job” when President Barack Obama was elected or the timeless: “Kitten Thinks of Nothing But Murder All Day.”

Updated on

While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala. <i>To contact Brendan or give him an exclusive, please contact him at [email protected]</i>
Previous article Ron Baron Responds To Marc Faber’s Doomsday Prediction
Next article Hacker DDoS Tool Threatens ObamaCare Security

No posts to display