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McClatchy
Posted By David Kaplan - Thu 04 Sep 2008 08:36 PM PST
-- McClatchy: North Carolina papers The News & Observer of Raleigh, and The Charlotte Observer are asking hundreds of staffers to accept buyouts. The News & Observer hopes at least…
Posted By David Kaplan - Mon 25 Aug 2008 12:04 PM PST
-- Gannett: Another ugly month from Gannett (NYSE: GCI), which says revenue fell 12.3 percent in July, compared to 2007. Publishing ad revs fell 16.7 percent. The hollowing out of…
Posted By David Kaplan - Wed 20 Aug 2008 08:09 PM PST
-- AP: As expected, some newspapers are pulling out following the much-discussed rate changes for the co-op. At the same time, even papers getting a rate break are looking at…
Posted By David Kaplan - Mon 18 Aug 2008 09:39 AM PST
When newspaper companies released their quarterly earnings for the past two years, the news tended to follow this arc: circ, print ad revenues tended to be down, while online kept…
Posted By David Kaplan - Thu 14 Aug 2008 12:45 PM PST
It’s only slightly less worse than the layoff news that’s been plaguing the newspaper industry lately: The McClatchy Company (NYSE: MNI) is implementing a one-year wage freeze starting Sept. 1.…
Posted By David Kaplan - Wed 13 Aug 2008 09:01 PM PST
Online media buying and planning platform operator Centro is going to announce it has bought once-storied local newspaper online rep firm Real Cities from The McClatchy Company (NYSE: MNI). Terms…
Posted By David Kaplan - Mon 11 Aug 2008 03:25 PM PST
-- Sun-Times Media Group: The Tribune Company’s Chicago rival is outsourcing its print and online classified ad sales to New York-based Classifieds Plus. The effort is part of a $50…
Posted By Joseph Weisenthal - Sun 10 Aug 2008 06:23 PM PST
From our we-kill-ourselves-so-you-don’t-have-to department, the mind-numbing details of some recently filed 10-Qs: -- McClatchy: Certain McClatchy (NYSE: MNI) internet properties are in decline. Last month, the company confirmed that it…
Posted By David Kaplan - Thu 24 Jul 2008 06:19 AM PST
The McClatchy Company’s (NYSE: MNI) financial struggles only seemed to deepen in Q2, as Gary Pruitt, the publisher’s chairman and CEO, pinned the weakening economy and the shift from print…
Posted By Rafat Ali - Thu 03 Jul 2008 05:32 PM PST
Gannett (NYSE: GCI), which has a big budget to do digital M&As, is buying out the rest of local sales info site ShopLocal, from the other partners Tribune and McClatchy…
Posted By Joseph Weisenthal - Tue 17 Jun 2008 02:04 PM PST
In the aftermath of McClatchy’s (NYSE: MNI) big layoff announcement, attention naturally turns to top management, and its culpability for the state of affairs. Despite the continued decline in the…
Posted By Joseph Weisenthal - Mon 16 Jun 2008 06:17 AM PST
Citing a “difficult advertising market” newspaper publisher McClatchy (NYSE: MNI) says it will eliminate about 1,400 positions through voluntary and involuntary means. That comes to about 10 percent of the…
Posted By David Kaplan - Mon 09 Jun 2008 12:17 PM PST
-- Gannett: Blaming the dismal ad market, Gannett (NYSE: GCI) has two pieces of bad news for investors: one, it write down the value of its assets by $2.3 billion…
Posted By David Kaplan - Mon 19 May 2008 12:58 PM PST
-- NYT: Internet ad revenues for the New York Times Co.’s (NYSE: NYT) News Media Group grew 25.6 percent as both display and classified remained healthy, especially compared to April…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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.…
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paidContent.org, flagship of the ContentNext Media network, provides global coverage of the business of digital content.
Rafat Ali
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Staci D. Kramer
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David Kaplan
Senior Correspondent
Joseph Weisenthal
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Robert Andrews
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Amanda Natividad
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