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Newspaper Roundup: McClatchy; Tribune Company; Chicago Tribune - 0 Comments
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…

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Newspaper Sites Post Anemic 2.3 Percent Growth For First Half Of ‘08, But Down 2.3 Pct. In Q2: NAA - 0 Comments
Posted By David Kaplan - Thu 04 Sep 2008 03:13 PM PST

Considering that newspaper ad revenues plummeted a record $3 billion (-16 percent) in the first half of ‘08, perhaps it’s not so bad that they were up only 2.3 percent…

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E-Paper Provider Pressmart Raises $6 Million Funding - 0 Comments
Posted By VCCircle - Thu 04 Sep 2008 08:54 AM PST

Hyderabad, India-based Pressmart Media, a print-to-digital delivery service for newspaper company, from raising $6 million in its first round of funding from Draper Fisher Jurvetson and NEA IndoUS Ventures. The…

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WSJ.com Redesign and Relaunch Coming on Sep 16; May Start Charging Lot More For Tiers - 0 Comments
Posted By Rafat Ali - Thu 04 Sep 2008 12:08 AM PST

The Wall Street Journal, which is basking in the glory of launching its luxury magazine supplement WSJ, also slipped in a reference to the relaunch of its real WSJ., meaning…

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Sun May Set Soon On New York Sun If It Doesn’t Find New Funding - 0 Comments
Posted By Rafat Ali - Wed 03 Sep 2008 06:18 PM PST

New York Sun, the small-but-influential NY area newspaper which launched among much hype in 2002, may be forced to close after this month if it does not find new investors.…

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Gannett Pays Tribune $135 Million To Acquire Majority Stake In CareerBuilder - 1 Comment
Posted By David Kaplan - Wed 03 Sep 2008 06:18 AM PST

Gannett (NYSE: GCI) has acquired an additional 10 percent stake in CareerBuilder from the troubled Tribune for $135 million. That gives Gannett a 50.8 percent controlling interest in the online…

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Interview: Tom Brettingen, Chief Revenue Officer, AP: ‘Returning $20 Million To The Industry’ - 0 Comments
Posted By Staci D. Kramer - Tue 02 Sep 2008 10:17 PM PST

As we’ve been reporting here, in the weeks since the Associated Press began notifying papers about the new rate plans that go into effect Jan.1, 2009, a number of newspapers—including…

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What’s That About Free Newspapers As Saviors? Oh Yeah, Ad Slump… - 1 Comment
Posted By Rafat Ali - Tue 02 Sep 2008 10:33 AM PST

After debate over the last few years over free and freely distributed metro newspapers and how they represented the future of the industry comes the news that the bubble might…

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And Yes, Rupert Would Really Like To Own New York Times. Really. - 0 Comments
Posted By Rafat Ali - Tue 02 Sep 2008 10:21 AM PST

The professional contrarian Michael Wolff is coming out with his Murdoch biography The Man Who Owns the News early next year, and Vanity Fair runs some excerpts ahead of the…

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AP Challenges Grow As Cost-Cutting Papers Look For Line Items To Slash - 0 Comments
Posted By Staci D. Kramer - Fri 29 Aug 2008 10:47 AM PST

The Associated Press, a co-operative started by newspapers to share costs and news, has been getting cancellation notices from papers as large as the Minneapolis Star Tribune since its new…

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More Gloom For UK Newspapers, Web Gains Not Offsetting Economy - 0 Comments
Posted By Robert Andrews - Wed 27 Aug 2008 03:59 AM PST

The outlook for UK news publishers is as gray and overcast as this summer’s weather has been, as the latest earnings testify. Johnston Press, the country’s second largest regional news…

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Industry Moves: LA Times; Politicker; 24/7; Glam; About.com - 0 Comments
Posted By Amanda Natividad - Tue 26 Aug 2008 07:31 PM PST

-- LA Times: Having operated without an ad sales head since February, the LA Times has appointed a new EVP and chief revenue officer, Scott McKibben. Marking new Times Publisher…

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NYTCo: June Numbers Signal Another Tough Quarter; Revs Fall Sharply; Internet Growth Slow - 0 Comments
Posted By Joseph Weisenthal - Tue 26 Aug 2008 06:31 AM PST

Q3 is getting off to a rough start at NYTCo… the publisher came out with July numbers showing total revenue fell 10.1 percent to $235.9 million. Ad revenue, which fell…

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Fairfax Media Slashes 550 Jobs To Cut Costs Following M&A - 0 Comments
Posted By Staci D. Kramer - Mon 25 Aug 2008 09:44 PM PST

Fairfax Media is the latest media company to slash jobs to cut costs. The “business improvement program” will be implemented during the first half of FY09, resulting in an overall…

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Newspaper Roundup: Gannett; Sac Bee; Star Tribune - 0 Comments
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…

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Newspaper Roundup: AP; McClatchy; Media General - 0 Comments
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…

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Maybe Newspapers Can Benefit From Local Online Media Growth: OPA - 0 Comments
Posted By David Kaplan - Tue 19 Aug 2008 09:53 AM PST

Local newspapers may be struggling to latch on the to rise of local online media, but a report from the Online Publishers Association suggests that they at least have a…

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Industry Moves: Glam Media; Greenspun Media; Marchex; Federated Media - 0 Comments
Posted By Amanda Natividad - Mon 18 Aug 2008 08:00 PM PST

-- Glam Media: The company has hired Yukihiro Yamamura as CEO of its new subsidiary Glam Media Japan KK and VP of Glam Media. No stranger to the CEO position,…

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Not The Typical Quarter: Newspaper Websites’ Revenue Growth Interrupted In Q2; Slowdown Continues - 0 Comments
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…

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LA Times Names Former DirecTV Head Hartenstein As Publisher; Zell Says LAT’s A Keeper - 2 Comments
Posted By Rafat Ali - Sat 16 Aug 2008 12:52 PM PST

The embattled newspaper Los Angeles Times has named Eddy Hartenstein, the former head of DirecTV, as its new publisher, a story first broken by DHD last month. He will fill…

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One Way To Avoid Layoffs: McClatchy To Freeze Wages Companywide - 3 Comments
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.…

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Gannett Laying Off 600 Staffers; 1,000 Posts Being Eliminated - 0 Comments
Posted By David Kaplan - Thu 14 Aug 2008 09:20 AM PST

In the latest round of newspaper job cuts, Gannett (NYSE: GCI) is laying off 600 employees and eliminating 1,000 positions, writes former Gannett editor Jim Hopkins on his Gannett Blog…

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McClatchy-Owned Real Cities Network Bought By Centro - 0 Comments
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…

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Aiming At BtoB, NYTimes.com Rolls Out Business, Tech Sub-sections; Handful Of Hires - 1 Comment
Posted By David Kaplan - Wed 13 Aug 2008 03:29 PM PST

NYTimes.com has been quietly rolling out a series of sub-sections this month, in hopes of attracting more B-to-B advertisers. By mid-September, new sub-sections will be added to the toolbars of…

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Cox Enterprises Selling Austin American-Statesman, Valpak Direct Mail Unit, Other Assets - 1 Comment
Posted By Joseph Weisenthal - Wed 13 Aug 2008 12:53 PM PST

It’s a buyer’s market for newspaper assets right now: Cox Enterprises is the latest to hang a for-sale sign on certain assets, as it’s announced plans to sell the Austin…

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