America's
Oldest Journal Covering the Newspaper Industry
Friday, August 8, 2008
Scripps Declares Quarterly Dividend E.W. Scripps' board of directors declared a quarterly dividend of 15 cents per share payable on Sept. 10 to shareholders of record as of Aug. 31. - August 08, 2008
Three S.C. Papers Get New Group Publisher, GM Heartland Publications announced this week that it had made management changes at three of its South Carolina newspapers. - August 08, 2008
Harbinger Ups Stake in NYT Co. Harbinger Capital Partners is taking advantage of the fire-sale share prices of newspaper companies, specifically at The New York Times Co. - August 06, 2008
Smitherman Takes Helm at Two N.C. Dailies Lamar Smitherman has been named the publisher of The News-Herald in Morganton, N.C., and The McDowell News in Marion, N.C., it was announced today. - August 04, 2008
GateHouse Shares Hammered Down To 44 Cents Wall Street continued its beat-down of GateHouse Media Inc. stock Friday, sending shares below half a buck and cutting its value by nearly 50% in the week. - August 01, 2008
S&P No Longer Rating Journal Register's Tumbled Credit Standard & Poor's Ratings Services, which last week downgraded Journal Register Co.'s corporate credit at its lowest rating possible, said Friday it withdrew its ratings on the troubled publisher of the New Haven Register and 21 other papers. - August 01, 2008
Republic Newspapers Sells 'Kings Mountain (N.C.) Herald' Republic Newspapers Inc. announced Thursday that it is selling the Kings Mountain Herald and three other North Carolina weeklies to Gemini Newspapers, a company owned by Ron Isbell and Dwight Connelly. - July 31, 2008
Days After Buying 'Newsday,' Cablevision 'Exploring Alternatives' Just two days after completing its $650 million acquisition of Newsday, Cablevision Systems Corp. said Thursday it intends to "actively explore alternatives" in view of a stock price that has slumped about 40% in the past year. - July 31, 2008
Gannett Declares Dividend -- Signals More to Come Gannett's board of directors declared a quarterly dividend of 40 cents per share, payable on Oct. 1 to shareholders of record as of Sept. 12. - July 31, 2008
Kentucky 'Messenger' Appoints New Publisher Rick Welch has stepped into his new job as publisher of The Messenger, where he says one of his goals is to include local advertising on the newspaper's Web site. - July 30, 2008
Hiring Of Firm Another Step Toward Sale Of Tribune Tower The sale of the iconic Tribune Tower in Chicago took a step closer to reality this week as Tribune Co. hired a real estate firm to assess the future of the cathedral-like landmark. - July 30, 2008
Moody's Downgrades GateHouse On 'Likelihood' Of Default GateHouse Media is likely to default under its credit agreement unless it can negotiate an amendment to its covenants or get a cash injection from its largest stakeholder, Moody's Investor Service says in a report downgrading the community newspaper publisher's credit and probability of default ratings. - July 29, 2008
Cablevision Closes 'Newsday' Deal Cablevision announced today that it completed the purchase of Newsday from the Tribune Co. - July 29, 2008
'Rochester D&C' Names President, Publisher Ali Zoibi, the No. 2 executive at The Indianapolis Star, has been appointed president and publisher of the Rochester Democrat and Chronicle. - July 28, 2008
Wachovia: Worst Quarter Ever? "It looks like another one for the books," wrote John Janedis, senior analyst at Wachovia Equity Research. And not in a good way, either. - July 28, 2008
A.H. Belo Declares Dividend A.H. Belo declared a quarterly cash dividend of 25 cents for each share of Series A and Series B common stock. The dividend is to be paid out on Sept. 5, to shareholders of record as of Aug. 15. - July 25, 2008
Playing Through: What Newspapers Could Learn From Golf There are interesting parallels between the perfect storms roiling the newspaper industry and golfing. There's a big difference, too: Golf seems to have a vision for getting out of its fix. - by Mark Fitzgerald - August 07, 2008
63 Years Ago: Media Distortions Set Tone for Nuclear Age At this time of year it is always important to look back at how the original "first-strike" was explained to the press, distorted, and then became part of the decades-long narrative of how, in this view, nuclear weapons can be used -- and used again. - by Greg Mitchell - August 06, 2008
In New Orleans, A Riveting Murder Series (And Not Chandra Levy) While some readers and bloggers criticize the 12-part Washington Post series on the Chandra Levy 2001 murder, The Times-Picayune rivets with its multi-part account of a killing. Here the writer and editor explain. - by Mark Fitzgerald - July 30, 2008
An Investigative Reporter's Plea Even as newspapers shed a massive number of staff reporters, few news organizations are doing anything to help freelance or investigative reporters. They promise grants and computer assistance, but little help is forthcoming. - by Thomas "Dennie" Williams - July 30, 2008
New Book from 'WSJ' Bureau Chief 'In Same Spirit' As Famous E-mail from Iraq It was the e-mail read 'round the world. Nearly four years ago in September 2004, Farnaz Fassihi of the Wall Street Journal penned a private email to friends exposing horrific conditions in Iraq. Now she has written a book that updates and expands on her outspoken views. - by Greg Mitchell - July 29, 2008
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