Business
Investors have mounted a campaign to separate the chairman
and CEO roles -- both held by Murdoch -- to increase
accountability.
Gannett has introduced subscriber-only content on 71 of its publications’ websites.
Five weeks in as new CEO of big UK news publisher Trinity Mirror, former HMV chief Simon Fox has the first outlines of yet another group restructure.
Providence invested $100 million in Los Angeles-
based Hulu when the venture began in 2007.
Gannett Co Inc reported better than expected revenue.
Postmedia will apply the net proceeds of the sale (approximately C$23.2 million) to redeem an equal amount of senior secured notes due 2017 in accordance with the provisions of the note indenture.
Lee Enterprises, Incorporated repaid more than $60 million of debt in its fiscal year ended September 30, 2012, and has since repaid another $15.3 million, reducing the balance to $930.6 million, below the level originally anticipated to be reached a year from now.
A rare vote of confidence in newspapers: Barclays analyst Kannan Venkateshwar has issued the equivalent of a “buy” recommendation for the New York Times.
Bill O'Meara, the president of the Newspaper Guild of New York, said
that he expects mediation at the New York Times to produce a contract by
November, if at all.
A new wave of financial optimism is hitting some corners of the
newspaper industry. But there’s still plenty of reason to hesitate.
Sydney Morning Herald publisher Fairfax was spooked by the escalating
cost of licensing video for its new TV site. So now it’s adding cheaper
content by legalising BitTorrent videos on producers’ behalf.
The New York Times and the Newspaper Guild of New York will use
an outside mediator in order to try to reach an agreement on their
ongoing contract dispute.
The McClatchy Company's third quarter
earnings conference call will be accessible live to the media and
general public via internet webcast and through listen-only, dial-in
conference lines.
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