Newspapers

It’s Official: Cablevision Confirms Newsday Acquisition; Acquiring 97 Percent For $632 Million - 0 Comments
Posted By Joseph Weisenthal - Mon 12 May 2008 05:04 AM PST

As expected, Cablevision (NYSE: CVC) has won the Newsday-stakes, and will acquire 97 percent of the Tribune-owned paper for $632 million. Tribune will get another $18 million related to prepaid…

Updated: News Corp. Withdraws Bid For Newsday; Cablevision Founder C. Dolan Confident; Deal Today? - 1 Comment
Posted By Tricia Duryee - Sun 11 May 2008 11:42 PM PST

Update: A slew of reports Sunday from a variety of media outlets (who could all be talking to the same person as far as we know) claiming that a deal…

Earnings: Journal Register Q1 Online Revs Up 22.8 Percent; Company Swings To Loss, Total Revs Drop - 3 Comments
Posted By David Kaplan - Fri 09 May 2008 02:07 PM PST

While the Journal Register (NYSE: JRC) Company posted a net loss of $72.2 million ($1.84 per diluted share) for Q1, the publisher’s online revenues grew by 22.8 percent year-over-year. All…

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Scripps Gets Board Approval To Spinoff Interactive And Local Media Divisions - 1 Comment
Posted By David Kaplan - Fri 09 May 2008 06:27 AM PST

E. W. Scripps’ (NYSE: SSP) board has approved executives’ plan to separate Scripps into two public companies, effective July 1. The board’s vote follows Scripps decision in October to split…

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…

Industry Moves: Tribune Ups Broadcast/Interactive Head Randy Michaels To COO - 0 Comments
Posted By David Kaplan - Wed 07 May 2008 01:16 PM PST

After a chaotic six months at The Tribune Company’s interactive division, this may be a sign that things are settling down… Randy Michaels, who defected from radio network Clear Channel…

WSJ Plans Closer Ties With London Times; May Offer Business Tools - 0 Comments
Posted By Robert Andrews - Wed 07 May 2008 05:04 AM PST

News Corp (NYSE: NWS) is planning closer integration between its new Wall Street Journal website and its existing News International publications in the UK. Times Online EIC Anne Spackman told…

Lauren Rich Fine On Dropping Print: ‘Tremendous Difficulty’ Regaining Lost Ad Rev - 1 Comment
Posted By Lauren Rich Fine - Tue 06 May 2008 05:43 PM PST

Many in the newspaper industry were stunned by the Capital Times‘s decision to move to an online-only edition. IDG Magazines decision to drop the print edition of InfoWorld, while equally…

Editors Warm To Free Model, Plan Integration, Fear Youth Drop-Off - 0 Comments
Posted By Robert Andrews - Sun 04 May 2008 04:00 PM PST

You’re reading it here first… The number of newspaper editors who believe news will become an entirely free commodity - both online and in print - is growing. This year’s…

Lauren Rich Fine: Newsday And Other Musings - 0 Comments
Posted By Lauren Rich Fine - Fri 02 May 2008 03:40 PM PST

My former associate was laid off from Merrill Lynch earlier this week as part of its job slashing. I can assure you it wasn’t a comment on his talent but…

Industry Moves: FT.com ME And Publisher Ien Cheng Quits To Join Google - 0 Comments
Posted By Dianne See Morrison - Fri 02 May 2008 07:40 AM PST

FT.com managing editor and publisher Ien Cheng, the Financial Times’ most senior digital executive, is quitting the company to take up the post of director of product management for advertising…

Earnings: WaPo Q1 Profits Fall 39 Percent; Online Up 8 Percent - 0 Comments
Posted By David Kaplan - Fri 02 May 2008 06:03 AM PST

A dismal economy combined with the usual newspaper industry challenges led The Washington Post Company’s (NYSE: WPO) Q1 net income downward 39 percent to $39.3 million ($4.08 per share) from…

LATimes.com Projects $25 Million In ‘08 Display Ad Revenue, Boosts Local Ad Efforts - 1 Comment
Posted By David Kaplan - Thu 01 May 2008 05:32 AM PST

Tribune’s LATimes.com expects to generate $25 million in display ad revenue this year, more than tripling the $6 million that area attracted three years ago, according to Rob Barrett, SVP…

Cablevision Ready To Pay $650 Million For Newsday: Report - 0 Comments
Posted By Joseph Weisenthal - Wed 30 Apr 2008 12:41 PM PST

Yesterday, reports had Cablevision (NYSE: CVC) making a joint bid, possibly with Jared Kushner, for Newsday, the Long Island-based paper. Now WSJ is reporting that the cable operator is willing…

Delayed Reaction: WSJ Special Committee Now Objecting To Way Brauchli’s Departure Was Handled - 0 Comments
Posted By Staci D. Kramer - Tue 29 Apr 2008 02:25 PM PST

Talk about Slo-Mo ... a week after news broke that Marcus Brauchli was leaving as managing editor of the Wall Street Journal at the suggestion of News Corp-appointed execs, the…

@ EconSM: Traditional Media Companies Fight The ‘Lumbering Giant’ Tag - 1 Comment
Posted By David Kaplan - Tue 29 Apr 2008 02:00 PM PST

Lumbering giants of the past or the prime innovators of the moment? That was the question moderator and EconSM conference editorial director Elizabeth Osder put to a panel of old…

Cablevision Ponders Joint Bid For Newsday; Possible Combo With Jared Kushner: Report - 0 Comments
Posted By Joseph Weisenthal - Tue 29 Apr 2008 09:22 AM PST

Don’t count on Newsday, the Tribune-owned Long Island paper, going to News Corp (NYSE: NWS). just yet. Not only is Zuckerman still in the hunt, but new reports have Cablevision…

More Steep Declines In Newspaper Circ: FAS-FAX - 0 Comments
Posted By David Kaplan - Mon 28 Apr 2008 09:53 AM PST

U.S. newspapers’ circulation experienced across the board declines over the last six months, falling 3.6 percent collectively, according to the FAS-FAX report released by the Audit Bureau of Circulations, Reuters…

Wisconsin’s Capital Times Drops Daily Print Edition For Online; ‘21st Century Paper’ - 0 Comments
Posted By Staci D. Kramer - Mon 28 Apr 2008 07:51 AM PST

Rather than continue the fade into print oblivion, the 90-year-old Capital Times is trying something as radical as its beginnings—a complete switch to online for its daily newspaper. The Madison,…

WSJ Talks Circulation As Murdoch Gains More (Official) Control Over Content - 0 Comments
Posted By Staci D. Kramer - Mon 28 Apr 2008 06:24 AM PST

The circulation increases that began before News Corp acquired Dow Jones continue for the Wall Street Journal, according to a bare-bones announcement today timed to match the six-month FAS-FAX numbers…

Earnings: AH Belo Q1 Revenue Down 8.5 Percent; $12 Million In Online Revenue - 0 Comments
Posted By Joseph Weisenthal - Mon 28 Apr 2008 06:19 AM PST

The steady stream of rough newspaper earnings continues with AH Belo (NYSE: BLC), the newspaper half of the old Belo corp., which reported Q1 revenue of $150.2 million, down 8.7…

Zuckerman Bids $580 Million For Newsday; Matches Murdoch - 1 Comment
Posted By Rafat Ali - Fri 25 Apr 2008 05:39 PM PST

Mort Zuckerman, the owner of the New York Daily News and U.S. News and World Report, has offered $580 million to acquire Newsday from Tribune, matching a bid earlier this…

Senate Commitee Rejects FCC Cross-Ownership Relaxation - 0 Comments
Posted By Joseph Weisenthal - Thu 24 Apr 2008 12:47 PM PST

Just as Rupert Murdoch’s play for Newsday brings media ownership regulations into the fore, a Senate panel has voted to reject recent moves by the FCC to relax cross-ownership rules.…

Harbinger Nominees Elected To Media General Board - 0 Comments
Posted By Joseph Weisenthal - Thu 24 Apr 2008 09:04 AM PST

Harbinger, the activist fund going after Media General (NYSE: MEG), has successfully installed three representatives to the company’s board. The newspaper publisher announced the successful election of all three nominees,…

Earnings: Scripps’ Q1 Profits Rise 22.8 Percent As Revs Rise 6.8 Percent; Interactive Up 23 Percent - 0 Comments
Posted By David Kaplan - Thu 24 Apr 2008 05:03 AM PST

It looks like the sputtering ad economy didn’t affect Scripps (NYSE: SSP) too badly in Q1, as net income rose 22.8 percent to $84.1 million, or 51 cents per share,…