Fingers crossed for the NYO

David Carr‘s lovely profile of the New York Observer proves that it’s an institution worthy of preserving – holy incubator of talent, batman! Lots of very talented alumni cut their teeth there back when they were pink with promise; I fail to see why Arthur Carter‘s burgeoning career as a sculptor should change that (Gawker offers some measure of comfort on that score, too). Nevertheless, if it is indeed for sale then hopefully whoever buys it won’t screw it up.

For Sale: Fabulous Pink Money Pit [NYT]

MEDIABISTRO EVENTS

Get Social Media Marketing Secrets from Experts

Create a social media strategy, launch your campaign, and track the results in our Social Media Marketing Boot Camp starting February 16. The online event and workshop will feature speakers including The Onion‘s Baratunde Thurston (left), Facebook’s Morin Oluwole, and bitly’s Tim Devane. Register now.