The Guardian
trending topics
Close Box

Our news

Yes, it’s true: We are joining GigaOM...


Newspaper Roundup: USAT; McClatchy; Journal Comm

  • Comments Comments (View)
  • Text Size: A A

imageUSAT cuts 20 newsroom jobs: While Gannett’s flagship has been spared much of the company’s heavy job cuts of the past few months, USA Today will lay off 20 positions, or 5 percent of its 450-person newsroom. This is USAT’s first major round of job cuts since 45 employees were jettisoned last November.

McClatchy October online revs gain 12.4 percent: October was another painful month for the Sacramento, CA-based publisher, which said a 12.4 percent year-over-year boost in online ad revs wasn’t enough to offset the 17.8 percent drop in total revenue and falling ad revenues in general, which were down 20.4 percent. The figures were in line with the year-to-date figures, which saw McClatchy (NYSE: MNI) revs fall 15.5 percent and ad dollars decline 17.4 percent. Online ad sales during that period were up 10.9 percent. October’s ad troubles were blamed mostly on the lack of job ads, which were down for both print and online.

Journal Comm interactive revs grow meager 2 percent: The Milwaukee media company posted fairly mixed results in October as total revenues for its newspaper and local TV division declined 2.8 percent to $38.02 million. Online revs for its Milwaukee Journal Sentinel, its only daily, posted a small 2 percent gain, coming in at $1.29 million. However, with advertising at the paper down 17.4 percent and classifieds dropping 32.9 percent year-over-year last month, the online growth doesn’t look so bad.

Nov 24, 2008 10:47 AM ET

Posted In: Advertising, Jobs & Layoffs, Media & Publishing, Newspapers, Companies, Gannett, McClatchy, journal communications, layoffs, usa today

(Page 1 of 1)


The Bestsellers

From iTunes and YouTube to Facebook and Kindle, the most popular content on the web, free and paid.

1. Static HTML: iframe tabs
2. Static Iframe Tab
3. CityVille
4. Texas HoldEm Poker
5. BandPage by RootMusic
See The Other Bestsellers »

Jobs RSS Job Listings

Social Standing

Which media brands are getting a lift from Tweeters and bloggers right now -- and which are getting panned?

"Sentiment" Scores for All the Companies »

Sponsors

Staff