Newspapers
David Kaplan
Jul 6, 2009 12:42 PM
Updated: -It’s not over ‘til it’s over, as the Chicago Sun-Times is saying a contract is close, but it’s nothing has been signed and sealed yet, meaning the Reuters item was a bit premature. The official word comes from Tribune rep Gary Weitman, who said that the company’s still in…
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Entertainment, Sports, Media & Publishing, Newspapers, Money, Bankruptcy, M&A & Venture Capital, Mergers & Acquisitions, Companies, Tribune
David Kaplan
Jul 6, 2009 12:17 PM
Aside from classified advertising, retail advertising is one of the pillars of newspaper advertising. But as Alan Mutter points out, citing data from TNS and AdAge, Macy’s has cut the amount of newspaper ad spending in half over the past four years. While classified ad dollars have largely shifted to…
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Advertising, Local, Media & Publishing, Newspapers, Research & Metrics, Research
David Kaplan
Jul 2, 2009 11:06 AM
A day after saying that job cuts were imminent, Gannett (NYSE: GCI) said it would begin laying off 1,400 employees—3 percent of its workforce—as advertising revenues continue to drop, AP reported. The jobs cuts are coming quickly and are expected to done by July 9. It’s still not clear whether…
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Jobs & Layoffs, Media & Publishing, Newspapers, Companies, Gannett
David Kaplan
Jul 1, 2009 5:38 PM
Struggling newspaper companies Tribune Company and AH Belo (NYSE: AHC) (NYSE: BLC) are teaming up to sell national print and online ads, Tribune subsidiary LAT reported. Under the arrangement, the LAT and the Chicago Tribune will now be able to sell ads for AH Belo’s Dallas Morning News, and vice…
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Advertising, Media & Publishing, Newspapers, Companies, Tribune
Joseph Tartakoff
Jul 1, 2009 5:10 PM
Even in a digital era, The New York Times News Service has required that member papers use its content in their printed editions before putting it up on the web. Well, not any more. According to a release Wednesday, newspapers will be able to put NYT content online first as…
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Media & Publishing, Newspapers, Online News, Companies, New York Times
Joseph Tartakoff
Jul 1, 2009 3:30 PM
Moving to boost its online real estate listings, newspaper publisher AH Belo (NYSE: AHC) (NYSE: BLC) has led a $2 million investment in online real estate brokerage Sawbuck Realty. Sawbuck’s service lets people search for listings and then connects them with real estate agents. It takes a cut of any…
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Media & Publishing, Newspapers, Search, Money, M&A & Venture Capital, Venture Capital
Rafat Ali
Jun 30, 2009 5:17 PM
Updated: WSJ reports that the cuts would be above 1,000, though an exact number isn’t clear. These will come from the U.S. Community Publishing division, which is Gannet’s coterie of smaller local dailies, about 80 of them. We have written about Gannett’s ongoing troubles, including rumors about another major round…
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Jobs & Layoffs, Media & Publishing, Newspapers, Companies, Gannett
MediaGuardian
Jun 30, 2009 11:30 AM
[by Kevin Anderson] Wired editor and author Chris Anderson told the Guardian that newspapers need to find a “pet for their penguin” – things that they can charge for to support journalism. When he talks about pets for penguins, he is referring to the Disney’s online game Club Penguin. This…
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Media & Publishing, Newspapers, Online News, Companies, Conde Nast
Joseph Tartakoff
Jun 29, 2009 12:30 PM
Never mind that many newspapers may be upset about how their content is treated on Google (NSDQ: GOOG) News. Now Google is lobbying publishers to put their video content on YouTube. In a post on the Google News blog, YouTube News Manager Olivia Ma invites any news outlet that already…
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Media & Publishing, Newspapers, Companies, Google, YouTube
Rafat Ali
Jun 27, 2009 2:34 AM
The New York Times Company (NYSE: NYT) hopes to sell off another New England newspaper, the Worcester Telegram & Gazette, as part of a package effort to sell the Boston Globe, according to a letter sent to potential bidders by the banker Goldman Sachs. NYT got a copy of it…
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Media & Publishing, Newspapers, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, New York Times, boston globe
Tricia Duryee
Jun 26, 2009 1:32 PM
In a sense, Amazon.com (NSDQ: AMZN) can already be called a mobile company. It sells books through the Kindle, lets BlackBerry users send in photos of products in stores to find similar items on Amazon, and sells music over the airwaves. But there are signs that the giant online retailer’s…
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Media & Publishing, Books, Magazines, Newspapers, Mobile, Companies, Amazon.com, AT&T
Patrick Smith
Jun 26, 2009 12:43 PM
Online news aggregator Moreover, which until last month was part of Verisign, is considering taking legal action against the UK’s Newspaper Licensing Agency in response to plans to impose a fee on re-distribution of online newspaper articles. The NLA, which polices unauthorised use of content for thousands of local and…
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Media & Publishing, Newspapers, moreover
David Kaplan
Jun 26, 2009 11:05 AM
Most of the activity in the non-profit media space recently has been on the news-gathering side. Now comes something on the business side. The MinnPost, the non-profit news site focused on the Twin Cities, has launched a new ad format that combines aspects of print classifieds with Twitter, Joel Kramer,…
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Advertising, Local, Media & Publishing, Newspapers, Social Media
David Kaplan
Jun 25, 2009 12:04 PM
The Atlantic’s Michael Hirschorn declared in January that the New York Times (NYSE: NYT) is in such dire straits that its printing presses could come to a halt as early as May. Well, it’s now well into June, the NYT’s top brass points out in a memo to staff today,…
Full memo after the jump »
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Media & Publishing, Newspapers, Companies, New York Times
David Kaplan
Jun 25, 2009 11:18 AM
Next week, a group of about 26 online news startups, newspapers, broadcasters and academics will gather at Pocantico, a former Rockefeller family estate, to discuss funding an investigative news network, Outsell’s Ken Doctor reports. As news staffs cut to bone, a number of non-profits have been helping to fill the…
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Media & Publishing, Newspapers, Social Media, News Sharing
David Kaplan
Jun 24, 2009 11:20 AM
New York Times Company (NYSE: NYT) President and CEO Janet Robinson is fed up with all the rumors and negative reports surrounding the publisher’s financial condition. She summoned MarketWatch’s Jon Friedman to a lunch meeting to discuss his critique of NYTCo management. She said she was weary of the constant…
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Media & Publishing, Newspapers, Companies, New York Times
Staci D. Kramer
Jun 23, 2009 11:41 PM
The Boston Globe and its largest union, the Boston Newspaper Guild, have a tentative agreement that may go over better than the version that failed narrowly two weeks ago. According to a statement from the paper, the new agreement saves the same amount of money and does away with layoff…
keep reading for the Globe statement and more. »
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Media & Publishing, Newspapers, Companies, New York Times, boston globe, newspaper guild, steve ainsley
David Kaplan
Jun 23, 2009 6:47 PM
While a number of Yahoo (NSDQ: YHOO) Newspaper Consortium members have praised the company for helping boost ad revenues and audience reach, Hearst Newspapers is telling Forbes that it’s concerned that Yahoo’s latest display ad product could actually be competition. This week, Yahoo introduced My Display Ads, a self-serve ad…
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Advertising, Local, Media & Publishing, Newspapers, Companies, Yahoo
David Kaplan
Jun 23, 2009 11:40 AM
A lengthy article in The Deal says it’s too late for Gannett (NYSE: GCI) to get itself out of the debt trap it now finds itself in. According to several unidentified “distressed debt experts,” the view is that Gannett could have saved capital by cutting its dividend much earlier than…
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Media & Publishing, Newspapers, Money, Companies, Gannett
Jim Brady
Jun 23, 2009 9:40 AM
Jim Brady was executive editor of washingtonpost.com from 2004 until earlier this year. Prior to that, he served in various executive roles at America Online. Brady began his career as a sportswriter at The Washington Post, and was a member of the launch team of washingtonpost.com. He is currently advising…
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Advertising, Local, Features, Leading Voices, Media & Publishing, Newspapers