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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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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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Industry Moves: Tribune Entertainment’s Morehouse Defects To Startup - 0 Comments
Posted By David Kaplan - Thu 28 Aug 2008 01:52 PM PST

Another Tribune Company exec departs… Clark Morehouse is the latest to leave Sam Zell’s house, exiting as head of Tribune Entertainment to join local digital broadcast network .2 (as in…

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LA Times Group Joins In Launching Real Estate Auction Buiness and Site ZetaBid - 0 Comments
Posted By Rafat Ali - Sat 23 Aug 2008 12:36 AM PST

As the print side keeps bleeding, the Los Angeles Times Media Group keeps trying to extend into other platforms, both offline and online: the parent of LAT newspaper has jointly…

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Industry Moves: Clear Channel Signs Multi-Year Contracts With Senior Execs; Promotes Online Head - 2 Comments
Posted By David Kaplan - Mon 18 Aug 2008 02:54 PM PST

This is funny, if only in a non-funny way: Perhaps Clear Channel (NYSE: CCU) Radio is concerned about Sam Zell poaching more of the company’s executives to run interactive at…

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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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Earnings: Tribune Q2 Revs Fall 5.7 Percent; Takes Huge Loss On Writedown; Interactive Down - 2 Comments
Posted By Joseph Weisenthal - Wed 13 Aug 2008 09:46 AM PST

Privately held Tribune isn’t bucking any industry trends… The Sam Zell-owned company has reported Q2 revenue of $1.1 billion, down 5.7 percent from $1.17 billion in the year ago quarter.…

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News Flash: Some Things Are Going Well at LA Times - 4 Comments
Posted By Rafat Ali - Wed 06 Aug 2008 06:18 PM PST

Yes, believe it or not, some things are doing well at the embattled LA Times, and as expected, it is the online side. Some traffic numbers, from the company itself,…

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Industry Moves: Tribune’s Silver Joins Yahoo Newspaper Consortium As Exec Director - 1 Comment
Posted By David Kaplan - Mon 04 Aug 2008 01:35 PM PST

Michael Silver, a former veteran exec with the The Tribune Company for two decades, is taking on the new post of executive director of the Yahoo Newspaper Consortium. The post…

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Newspaper Roundup: Yahoo; NYT; Tribune; Star-Ledger; NY Newsday/Cablevision - 0 Comments
Posted By David Kaplan - Wed 30 Jul 2008 01:03 PM PST

-- *Yahoo* Newspaper Consortium: While Yahoo (NSDQ: YHOO) does not release the financials related to its Newspaper Consortium, but some of the ad and content alliance’s members do. Last week,…

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Tribune’s Abrams On Creative Destruction: Using The Printed Page To Push Readers To The Web - 0 Comments
Posted By David Kaplan - Mon 28 Jul 2008 01:51 PM PST

In a long memo posted on Romenesko, Lee Abrams, the radio vet who joined Tribune Company in March as its first chief innovation officer, takes aim at general criticisms who…

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Updated: Tribune Editor Lipinski Resigns; Replaced By Kern; LAT Publisher Hiller Ousted - 0 Comments
Posted By Joseph Weisenthal - Mon 14 Jul 2008 10:38 AM PST

More changes at Zell-owned Tribune, which recently announced fresh job cuts… Ann Marie Lipinski, editor since early 2001, has announced her resignation. She will be replaced by Gerould Kern, a…

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More Tribune Cost Cutting: Trib Eliminates 80 Newsroom Jobs; Baltimore Sun Cuts Biz Section - 0 Comments
Posted By Joseph Weisenthal - Tue 08 Jul 2008 03:13 PM PST

More aggressive cost cutting at Tribune, which is doing everything in its power to avoid default… The flagship paper Chicago Tribune announced today that it will eliminate 80 newsroom positions…

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Tribune Gets $300 Million Loan To Pay Down Existing Debt - 0 Comments
Posted By Joseph Weisenthal - Mon 07 Jul 2008 06:11 AM PST

Getting some much-needed cash, Sam Zell’s Tribune has arranged a $300 million bank loan from Barclays, with the proceeds going towards debt payments. It’s basically a quick, temporary measure as…

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Gannett Buying Out Rest Of ShopLocal From Tribune and McClatchy - 0 Comments
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…

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LA Times Cuts 250 Jobs; 150 Cuts in Editorial Include Online - 2 Comments
Posted By Rafat Ali - Wed 02 Jul 2008 03:14 PM PST

The most troubled big newspaper in U.S. is cutting off 250 jobs, including an unprecedented 150 positions in editorial, to bring its expenses down in line with declining revenues.The Los…

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Newspaper Roundup: Boston Globe; Palm Beach Post; Detroit Buyouts; Default Chart - 0 Comments
Posted By Joseph Weisenthal - Wed 25 Jun 2008 11:07 AM PST

-- Boston Globe Sale?: Speculation about the Boston Globe’s future as a New York Times Company (NYSE: NYT) asset is about as persistent as YHOO-MSFT rumors. The latest from The…

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Tribune’s Redesign Kicks Off With Orlando Sentinel - 1 Comment
Posted By David Kaplan - Mon 23 Jun 2008 07:20 AM PST

Tribune Co.’s Orlando Sentinel debuted on newsstands today in its stripped-down form. WSJ takes a look at the new layout—which incorporates more news digests, blog summaries and splashier graphics—and basically…

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Newspaper Roundup: Tribune Bankruptcy Speculation; Gannett, NYTCo May Numbers, Sun-Times - 2 Comments
Posted By Joseph Weisenthal - Wed 18 Jun 2008 05:37 AM PST

-- Tribune: As industry economics deteriorate, speculation heightens that Sam Zell’s uber-leveraged Tribune Co. will be forced to file bankruptcy sooner rather than later. S&P analyst Emile Courtney told Bloomberg:…

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Industry Moves: Top Tribune Publishing Exec Scott Smith Retiring - 0 Comments
Posted By Joseph Weisenthal - Thu 12 Jun 2008 02:47 PM PST

Scott Smith, president of Tribune Publishing since 2005, is stepping down. In a memo (via Chicago Tribune) Smith told the company: “Sam, Randy and I agree it’s time for new…

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Lauren Rich Fine On Tribune’s Changes And The Newspaper Industry - 1 Comment
Posted By Lauren Rich Fine - Tue 10 Jun 2008 06:07 AM PST

The Tribune announcement to measure journalists based on their productivity and move to a 50-50 ad-news ratio came midway through the Florida Press Association’s annual meeting, in which I participated.…

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Tribune’s Lean Approach: Analysts Fret, But Neuharth Applauds - 0 Comments
Posted By David Kaplan - Sun 08 Jun 2008 11:14 PM PST

Analysts may be fretting over the new model newspaper outlined last week by Tribune CEO Sam Zell, but Al Neuharth, perhaps the last person who truly revolutionized newspapering, likes what…

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Not The Newspaper As You Know It: Tribune Plans Vast Changes, Cutting Pages, Jobs - 0 Comments
Posted By David Kaplan - Fri 06 Jun 2008 06:34 AM PST

The financial situation at the Tribune Co. is worse than we thought, Sam Zell, the company’s CEO, told investors during a conference call. So, expect a series of vast changes,…

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Tribune Weighs Sale Of Media Services Unit - 0 Comments
Posted By Joseph Weisenthal - Thu 29 May 2008 04:04 AM PST

Tribune may shed more baggage as it seeks to climb out from its enormous debt load. The privately-held company is weighing a sale of Tribune Media Services, a unit that…

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