THE REAL MEANING OF INQUIRER SALE!

July 18, 2017

The alibi given by Philippine Daily Inquirer Chair Marixi Rufino-Prieto on her family’s decision to sell their 85 percent stake in the company to tycoon Ramon Ang is BULLSHIT!

In a story in inquirer.net, Prieto was quoted as saying that the sale was a “strategic business decision that will maximize growth opportunities for the Inquirer Group. Today, our world, evolution, technology and communication move at a pace that seems to quicken every month. We acknowledged that to continue to adapt, we will need access to professional resources, technology, partnerships that will power the Inquirer Group into the next few decades.”

If they’re really still Number 1 and that influential, it would be STUPIDITY to sell the paper. Banks, technology firms and other companies would be MORE THAN HAPPY to lend money or invest and provide whatever they need. Only an IDIOT of a businessman would ignore an opportunity to be part of a supposedly top-selling and highly influential newspaper like the Inquirer. But apparently that didn’t happen.

 
The only logical reason for that is Inquirer is LOSING HEAVILY. It’s a sinking ship which APPARENTLY NO ONE wants to save for its present owners. That means Inquirer has been RAPIDLY LOSING, IF NOT HAVE TOTALLY LOST, its CREDIBILITY and TRUST of its readers. They are aware that unlike before, their stories are NO LONGER TAKEN AS GOSPEL-TRUTH by legions of their readers. They know they can no longer get away with everything, and thus is no longer dreaded or feared by anyone. Unlike in the past wherein the mere mention of the newspaper was enough to send jitters to anyone who wants to be interviewed by their reporters or columnists.

So somebody had better advise Ms. Prieto that the public is not as STUPID AS SHE THINKS.  We’re as smart, or probably even smarter in some cases, as her people. If she wants to keep whatever credibility is left of the Inquirer, she should SHUT UP! 30