America's
Oldest Journal Covering the Newspaper Industry
Saturday, November 7, 2009
E.W. Scripps Cuts Q3 Losses Media company E.W. Scripps says it narrowed its loss in the third quarter despite another decline in revenue as the company continues to cut costs to cope with advertising declines hurting the industry. - November 05, 2009
'Toronto Star' Parent Swings to Q3 Profit Despite Falling Newspaper Revenue Torstar Corp., publisher of The Toronto Star and Harlequin romance books, reported Wednesday that it swung to a modest profit in the third quarter despite a 12.6% drop in revenue at its newspaper and digital publishing unit. - November 04, 2009
'San Diego U-T' Enters Partnership with Local ABC Station The San Diego Union-Tribune and the local ABC affiliate 10News have forged a content-sharing partnership under which the two outlets will share news, pictures and video and will team up on projects. - October 30, 2009
Dissident Bondholders Accuse Tribune of Hiding Payments to Some Lenders While under Chapter 11 protection, Tribune Co. has paid "millions of dollars" in hidden and unauthorized fees to lawyers and financial advisory firms hired by senior lenders as part of a plan to grab the lion's share of the Chicago media giant's assets, claims a dissident group of bondholders. - October 28, 2009
Poll: More Than Half of Readers Say They Won't Pay for Online Content Sorry, Rupert. Despite the News Corp. chairman's hopes (along with all publishers) to charge for online content, consumers are loathe to pay, new research from Ipsos Mendelsohn and PHD reveals. Simply put, they've been trained to equate online with free. - October 27, 2009
'Wall Street Journal' Ends Free Ride via Mobile Apps Much of The Wall Street Journal's online content is subscription-only, butthe dogged could find ways around that, notably via its free mobileapplications. - October 26, 2009
Done Deal: 'Chicago Sun-Times,' Sister Properties Sold Sun-Times Media Holdings LLC announced Monday afternoon the completion of its acquisition of the Chicago Sun-Times, seven suburban daily newspapers, 51 weeklies, Web sites and other assets for approximately $26.5 million. - October 26, 2009
Snakes on the Plame: Previews of Upcoming Film Based on CIA Leak Case Like everyone who covered extensively the CIA leak case, Judy Miller and the Scooter Libby trial, I am anxiously awaiting, with appropriate skepticism, the pending release of the first Hollywood treatment, starring Naomi Watts and Sean Penn. Director Doug Liman offers a preview, and so does "anonymous." - by Greg Mitchell - October 28, 2009
At Inland Annual Meeting -- Cuts, Content and Quips Inland Press Association kicked off its 124th annual meeting in Chicago Monday with surprisingly robust attendance, but plenty of discussions, in and out of the meeting rooms, about the industry's preoccupations: monetizing online content and casting about for a new business model that works. - by Mark Fitzgerald - October 27, 2009
North American Newsprint Mill Operating Rates Up; Price Hikes Imminent As newsprint mills in North America continue to take extensive downtime to try to tighten markets for a price increase this fall, production in September fell 33.8% year-over-year, bringing total output through 2009's first three quarters to 5.381 million tonnes -- down 30.6% from a year earlier. - by Debra Garcia - October 26, 2009
Twenty-Two Years After Black Monday: Newspaper Stocks Look Sickly The wider markets recovered handily from the stock market Crash of Oct. 19, 1987. The Dow, for instance, is up 475% since then. And newspapers? They've lost ground -- a lot if it -- since the Crash. - by Mark Fitzgerald - October 19, 2009
'Boy in Balloon' Captivates Media: Did They Blow the Story? Tragic story or hoax? TV media and the press for hours today covered the saga of a 6-year-old boy who allegedly climbed into a homemade balloon aircraft in Colorado and floated away. Did they hype without verifying? - by Greg Mitchell - October 15, 2009