McClatchy

Newspaper Roundup: NYT; McClatchy; Portland Tribune - 0 Comments
Posted By David Kaplan - Thu 08 May 2008 10:17 AM PST

-- NYT: Voluntary buyouts weren’t enough to stave off layoffs in the NYT newsroom. In a staff memo posted on Romensko, NYT Editor Bill Keller says that the goal of…

Earnings: McClatchy Q1 Revs Drop 13.8 Percent; Online Up 10.6 Percent - 0 Comments
Posted By Joseph Weisenthal - Wed 23 Apr 2008 05:36 AM PST

Continuing a trend… McClatchy (NYSE: MNI) has announced Q1 revenue of $488.3 million, a 13.8 percent decline from $566.6 million. Net income, on a continuing basis, was crushed, falling to…

Newspaper Roundup: AP Members Grouse; McClatchy Offers Buyouts; Toronto Star Lays Off Internet Staff - 1 Comment
Posted By David Kaplan - Thu 17 Apr 2008 04:45 PM PST

-- AP: Newspaper editors let loose a barrage of criticism for the new Associated Press rate structure after an appearance by AP President and CEO Tom Curley at the American…

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Newspaper Roundup: NYTCo, McClatchy Post Higher Online Revenue Gains In February - 1 Comment
Posted By David Kaplan - Tue 18 Mar 2008 06:08 AM PST

-- NYTCo: During a month where its now settled battle with activist shareholders heated up over online investments, internet ad revenues for the New York Times Company’s (NYSE: NYT) News…

More Behavioral Targeting Than Even Savvy Users Might Expect: Study - 0 Comments
Posted By David Kaplan - Mon 10 Mar 2008 07:42 AM PST

When it comes to behavioral targeting, the prevailing ethos among marketers and ad agencies is “what consumers don’t know, won’t bother them.” As a long NYT piece on the subject…

McClatchy Takes Another: $1.39 Billion Goodwill Writedown In Q4; Only $1 Billion In Goodwill Left - 1 Comment
Posted By Joseph Weisenthal - Thu 28 Feb 2008 03:11 PM PST

McClatchy has announced another large writedown, having already taken a $1.37 billion charge for Q3… this time it’s for $1.39 billion in goodwill and another $166.6 million in impairments to…

Newspaper Roundup: Media General; Gannett; McClatchy, Journal Communications - 0 Comments
Posted By Joseph Weisenthal - Thu 28 Feb 2008 07:56 AM PST

Some fresh data for the first month of the year from a handful of newspapers… Note that two of them, Media General (NYSE: MEG) and Gannett (NYSE: GCI), have announced…

McClatchy’s Online Ad Revs Offer Mixed Results; Dragged Down By Economic Downturn, Print Ties - 0 Comments
Posted By David Kaplan - Wed 06 Feb 2008 11:22 AM PST

Following up on this morning’s pre-market earnings report, Gary Pruitt, The McClatchy Company’s (NYSE: MNI) chairman, president and CEO, outlined the Sacramento, CA-based newspaper publisher’s recent troubles and hopes during…

Earnings: McClatchy Q4 Net Income Swings Positive, But Ad Revs Drop 16.6 Percent - 0 Comments
Posted By David Kaplan - Wed 06 Feb 2008 05:55 AM PST

The McClatchy Company (NYSE: MNI) showed some positive signs as it continues to struggle with the circulation and ad woes that plague the newspaper industry at large. In contrast to…

Newspaper Roundup: Chicago Tribune; Scripps; Sun-Times; CareerBuilder; Tribune; McClatchy - 0 Comments
Posted By David Kaplan - Wed 16 Jan 2008 08:09 PM PST

-- Chicago Tribune: The Tribune Company-owned paper is ceasing weekday print classifieds as it seeks to cut costs and better integrate its web listings with CareerBuilder and the paper’s Sunday…

Newspaper Roundup: Belo; Seattle Times; The Morning Call - 0 Comments
Posted By David Kaplan - Fri 11 Jan 2008 02:26 PM PST

Belo: The Dallas-based media company’s board of directors has approved the spin-off of Belo’s (NYSE: BLC) TV and newspaper units into separate businesses. The plan was announced in early October.…

Holiday Wire: McClatchy-Yahoo; Online Ads; Apple Shares Soar; Google Reader’s Beacon Effect - 0 Comments
Posted By Staci D. Kramer - Wed 26 Dec 2007 10:12 AM PST

-- Despite Woes, McClatchy Banks on Newspapers: A deepish look at McClatchy (NYSE: MNI) including how/why McClatchy chairman and CEO Gary Pruitt’s job is safe despite losing $1.46 billion and…

Newspaper Roundup: McClatchy Interactive Drops 4 Percent ;Journal Com’s Online Ads Up 38.8 Percent - 0 Comments
Posted By David Kaplan - Thu 20 Dec 2007 08:21 AM PST

McClatchy’s (NYSE: MNI) struggles continued into November, as even interactive advertising revenues were down. Meanwhile, Journal Communications’ (NYSE: JRN) situation last month tended to be more in line with the…

@ UBS Media Week: McClatchy To Reduce Reliance On Print Upsells; Yahoo Deal To Deliver By Next Year - 0 Comments
Posted By David Kaplan - Wed 05 Dec 2007 03:10 PM PST

Declining circulation, accounting adjustments from last year’s Knight Ridder purchase and a soft real estate market have combined to bring down not only The McClatchy Company’s (NYSE: MNI) print side,…

In Contrast To Rivals, McClatchy Online Ads Fall 4.1 Percent; JRN Online Up 34 Percent Amid Slump - 0 Comments
Posted By David Kaplan - Tue 20 Nov 2007 08:15 AM PST

While the newspaper industry has been struggling with print ad revenues, for most, online ad growth has tended to offer some consolation. But in its October revenue report, The McClatchy…

Earnings: McClatchy Takes $1.37 Billion Goodwill Writedown - 0 Comments
Posted By Staci D. Kramer - Thu 08 Nov 2007 05:21 PM PST

The McClatchy Company (NYSE: MNI) continues to feel the negative impact of its 2006 Knight Ridder acquisition, announcing today that is writing down $1.37 billion—one-third attributed to the way stock…

@ Media & Money: Has the Death of Print Been Exaggerated? - 0 Comments
Posted By Joseph Weisenthal - Wed 07 Nov 2007 12:18 PM PST

Do the rough results from several newspaper publishers in the past quarter speak for themselves, or is there a light at the end of the tunnel? Judging by the decent…

New Newspaper Ad Net May Compete With Yahoo; Gannett, Hearst, Tribune, MediaNews, Cox In Talks - 0 Comments
Posted By Staci D. Kramer - Tue 06 Nov 2007 08:38 AM PST

Five of the largest U.S. newspaper chains are considering a new national ad network that could both overlap and compete with the Yahoo (NSDQ: YHOO) newspaper consortium, according to the…

Sac Bee’s Politics Site To End Subscription Fees; Switching To Ad-Supported Model - 2 Comments
Posted By David Kaplan - Thu 01 Nov 2007 02:57 PM PST

The Sacramento Bee will stop charging the $499 annual subscription for access to its state government news site, Capitol Alert, and will move to a free, ad-supported model, according to…

Mercury News Tries To Catch Up, After Being In the Perpetually Poised Position For Social Media - 6 Comments
Posted By David Kaplan - Fri 26 Oct 2007 03:52 PM PST

Early last month, San Jose Mercury News‘ executive editor Carole Leigh Hutton addressed the Silicon Valley daily paper’s 200 staffers to inform them that severe cuts would soon be coming.…

Earnings: McClatchy Q3 Revenues Down 9.2 Percent; Income Drops Sharply - 0 Comments
Posted By Joseph Weisenthal - Tue 16 Oct 2007 06:07 AM PST

The McClatchy Company reported Q3 income of $23.5 million, sharply lower than last year’s $52.6 million. Revenue slipped 9.2 percent to $540.3 million from $595.1 million, the result of a…

Yahoo Newspaper Consortium: Harmful Or Helpful? - 0 Comments
Posted By David Kaplan - Thu 11 Oct 2007 07:24 PM PST

Instead of offering a helping hand to newspapers suffering from declining readership and ad revenues, the Yahoo (NSDQ: YHOO) Newspaper Consortium could extract still more pain from its members, or…

Newspaper Roundup: Online Ad Revs At McClatchy Dip 3.1 Percent; Lee’s Online Ads Rise 48 Percent - 0 Comments
Posted By David Kaplan - Wed 19 Sep 2007 06:30 AM PST

Newspaper advertising numbers told a familiar story of continued struggle in August. While McClatchy (NYSE: MNI), Lee Enterprises (NYSE: LEE) and Journal Communications (NYSE: JRN) all experienced difficulty with classifieds…

Local News Aggregator Real Cities Adds MediaNews Group’s 51 Sites To Network - 0 Comments
Posted By David Kaplan - Tue 04 Sep 2007 02:01 PM PST

The Real Cities Network, a collection of local online news sites, has added the Denver-based Media News Group’s 51 newspaper websites. This new alliance gives Real Cities, which is run…

With Renewed Terms, McClatchy Keeps Stake In Careerbuilder - 0 Comments
Posted By David Kaplan - Tue 04 Sep 2007 06:11 AM PST

After considering a sell-off in June, The McClatchy Company (NYSE: MNI) has decided to retain its 14.4 percent ownership stake in online jobs site Careerbuilder. The Sacramento newspaper publisher, which…