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Staci D. Kramer
Jul 9, 2009 6:50 PM
Updated After much internal discussion and tons of outside advice, the New York Times is now asking a constituency that really counts how much it would pay for online content: print subscribers. In a survey that started out Thursday, the NYT offers multiple scenarios, including one at $5 a month…
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Media & Publishing, Newspapers, Companies, New York Times, times reader
David Kaplan
Jul 9, 2009 4:15 PM
While satirical newspaper The Onion has got a lot of mileage out of the “death of newspapers” meme—such as this brief—CEO Steve Hannah has warned the staff that the fake news business isn’t immune from the industry’s ad revenue problems. And so, in a memo obtained by Gawker, Hannah says…
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Advertising, Media & Publishing, Newspapers, Online News, Money, Social Media, Video
Staci D. Kramer
Jul 9, 2009 3:29 PM
Updated In the latest round of will he-won’t he, Rupert Murdoch told his own Fox Business Network not to expect a Kindle-like device from News Corp (NYSE: NWS). Speaking in Sun Valley, where he is participating in the Allen & Co. conference, Murdoch said: “I don’t think that’s likely. We’re…
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Gadgets, Media & Publishing, Books, eReaders, Newspapers, Companies, Amazon.com, Kindle, News Corp., Dow Jones, Wall Street Journal, News International, fox business network, rupert murdoch
David Kaplan
Jul 8, 2009 9:59 AM
As Gannett (NYSE: GCI) continues to be roiled with huge debt problems, an absent CEO, and hundreds more layoffs across its community newspapers, its digital division appears to be a sea of calm. In fact, to hear Josh Resnik (pictured), Gannett Digital’s VP and GM of the Gannett Digital Media…
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Media & Publishing, Newspapers, Social Media, Companies, Gannett
Joseph Tartakoff
Jul 7, 2009 9:05 PM
A new study reemphasizes that in the troubled newspaper industry small and large circulation dailies have gone in different directions. The Inland Press Association says that of the more than 120 papers whose confidential financial data it analyzed, none of the papers with a circulation of over 50,000 have been…
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Advertising, Media & Publishing, Newspapers, Research & Metrics, Research
David Kaplan
Jul 7, 2009 2:58 PM
Six months after The Printed Blog began packaging aggregated news items as free metro weeklies in Chicago and San Francisco, founder Joshua Karp is pulling the plug. Karp wrote on his company blog that the inability to attract outside investment—apart from his “six or seven credit cards”—forced him to shut…
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Media & Publishing, Newspapers, Online News
Joseph Tartakoff
Jul 6, 2009 7:00 PM
Say this for laid-off reporters trying to set up online news sites: They don’t give up easily. A group in Seattle led by reporters from the shuttered print Seattle Post-Intelligencer says it only has enough cash in the bank to go for another three weeks but still has hopes for…
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Media & Publishing, Newspapers, Online News
David Kaplan
Jul 6, 2009 4:59 PM
Since filing for Chapter 11 bankruptcy protection in December, The Tribune Company has been burning through cash and though still profitable, the publisher is significantly less so than it was six months ago, Morningstar Inc. analyst Tom Corbett told Crain’s Chicago Business. To be sure, bankruptcy doesn’t mean you’re not…
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Media & Publishing, Newspapers, Money, Bankruptcy, M&A & Venture Capital, Mergers & Acquisitions, Companies, Tribune
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 28, 2009 8:14 PM
» CQ‘s sale to rival Roll Call, part of The Economist Group, seems like a done deal. What will happen after the merger? [Politico] » Sony’s planning to launch a phone merging the expertise of *Sony* Ericcson and Sony’s PSP group. Finally some common sense from *Sony*. [Nikkei/Reuters] » Another…
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Features, Quick Hits, Media & Publishing, Newspapers, Social Media, Companies, Google, New York Times, News Corp., MySpace, Sony, Sony Ericsson, Viacom, quick hits
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