Business
Ogden Newspapers Inc., based in Wheeling, W.Va., has an agreement in principle to buy The Northern Virginia Daily.
The Houston-based newspaper publisher had owned CMC since 2002.
The Denver Post on Friday reported average weekday print circulation of 258,876 for the six months ending Sept. 30, 2011, down 6.8 percent from the same period of 2010.
The Boston Globe’s new subscription website racked up a measly 16,000 subscribers and, as parent New York Times Co. sheds non-core businesses, experts told the Herald yesterday they wouldn’t be surprised to see the Globe put up for sale.
Under plan, leading CEO candidate would join two nonprofit news organizations.
The Ogden Newspapers Inc. has an agreement in principle to buy the
nearly 80-year-old newspaper, and plans to close on the sale at the end
of the month.
Newsprint costs have had a substantial influence on papers’ format and design and are likely to continue to do so.
New York City-based publisher Niall O’Dowd, owner of the Irish Voice and Home and Away newspapers, has snapped up a Boston-based rival, The Post has learned.
Up to 75 full- and part-time editorial jobs are to be cut at Trinity Mirror's London-based national newspapers, the Daily Mirror, Sunday Mirror and People.
It is expected that the transaction, terms of which were not disclosed,
will close before the end of February.
The company’s earnings were $0.39 per share which is lower than the $0.41 analysts had predicted.
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