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San Francisco Chronicle safe for now

San Francisco Chronicle safe for now

The San Francisco Chronicle and the paper's largest union announced Monday that they had come to a formal understanding on contract concessions which were necessary to avoid the paper's closure. Parent company Hearst told employees February 24 that ... Read >
Survey finds Internet most trusted media outlet in Australia

Survey finds Internet most trusted media outlet in Australia

A study by the Australian Communications and Media Authority (ACMA) has found that the Internet is the most trusted media outlet in Australia. The study found that 25% of the population list the Internet as their must trusted ... Read >
McClatchy cuts 15% of Workforce

McClatchy cuts 15% of Workforce

McClatchy Co. has announced it will cut 15% of its workforce for a total of 1,600 jobs in a new round of cost-cutting. The new cuts bring total job losses at McClatchy to 33% of its workforce ... Read >
Seattle PI: ba ba ba, another one bites the dust.

Seattle PI: ba ba ba, another one bites the dust.

Another day, another newspaper goes away. From the soon to be internet only Seattle PI: Staffers chosen to participate in an online-only version of the Seattle P-I were notified of their selection Wednesday and Thursday. The selections ... Read >
Chicago Tribune closing DC bureau

Chicago Tribune closing DC bureau

Whether it be wholesale closure like the Rocky Mountain News or the piecemeal shutdowns of bureaus it isn’t hard to tell the news business is in real trouble. This can be seen as word comes that ... Read >
Bartz gives backing to Yahoo-Newspaper Ad project

Bartz gives backing to Yahoo-Newspaper Ad project

As I noted last night over on my home blog Carol Bartz is starting the process of stamping Yahoo into her mould of what she wants for the company and the in the trenches staff ... Read >
We know newspapers are screwed but what about that other media – Television

We know newspapers are screwed but what about that other media – Television

We all watch; some rubbing their hands together in glee and back patting, as the newspaper industry flails around trying to keep its head above water. For the most part it seems as if they are ... Read >
Hearst to charge for online content. I hope all newspapers do the same

Hearst to charge for online content. I hope all newspapers do the same

The Hearst Corporation has announced that it will start charging for some content on its newspaper sites, following a lead set by Cablevision earlier this week who announced a similar move for Newsday. The amount to be charged ... Read >
Actually, Journalists do take some of the blame for the death of newspapers

Actually, Journalists do take some of the blame for the death of newspapers

Rocky Mountain News' now former Multimedia Producer Matthew Roberts (the paper closed Friday) has released "Final Edition," a short film on the final days of the paper (embed below). At times it's moving account of the newspapers final ... Read >
Kindle Getting Competition From Cosmo Publisher

Kindle Getting Competition From Cosmo Publisher

Amazon's Kindle e-book reader will soon see competition from an unlikely place: the publisher of Cosmo. Hearst Corp. is preparing to launch its own electronic reader, CNN Money reports, with the hope of bringing the magazine market into ... Read >
Rocky Mountain News will shut Friday

Rocky Mountain News will shut Friday

The Rocky Mountain News, Colorado's oldest newspaper will print its final edition Friday. Founded in 1859, the Rocky becomes the largest newspaper to fall in this cycle, with a weekday circulation of 255,427 and 704,806 on Sundays. Owner EW ... Read >
Washington Post Company Profit Down 77%, Print Ads down 21% Qtr 4

Washington Post Company Profit Down 77%, Print Ads down 21% Qtr 4

The Washington Post Company has reported a 77% drop in profit for the year ending 2008 off the back of a tanking newspaper advertising market. The Washington Post Company owns a cable TV business and education assets along ... Read >
Hearst may close San Francisco Chronicle unless union accepts cuts

Hearst may close San Francisco Chronicle unless union accepts cuts

The 144 year old San Francisco Chronicle may close within weeks if unions don't accept broadscale cuts. Owner Hearst Publishing said in a statement that the: "San Francisco Chronicle newspaper is undertaking critical cost-saving measures including a significant reduction ... Read >
Philadelphia Newspapers files for Chapter 11 bankruptcy

Philadelphia Newspapers files for Chapter 11 bankruptcy

Another day, another newspaper business in Chapter 11 bankruptcy. Philadelphia Newspapers LLC, the publisher of both the The Inquirer and the Philadelphia Daily News has filed for bankruptcy protection in an effort to restructure its $390 million debt. The ... Read >
Another newspaper group down: Journal Register files for Chapter 11 Bankruptcy

Another newspaper group down: Journal Register files for Chapter 11 Bankruptcy

The Journal Register Company, publisher of 22 daily and 302 non-daily newspapers in the United States has filled for Chapter 11 bankruptcy protection. According to the filing in U.S. Bankruptcy Court in Manhattan, Journal Register proposes a restructuring ... Read >
New York Times suspends dividends

New York Times suspends dividends

The New York Times Company has suspended quarterly dividends due to difficult market conditions. The move followed a cut from 23c a share to 6c a share in November 2008. NY Times Co Chairman Arthur Sulzberger, Jr. said ... Read >
Journal Register shuts 33 papers

Journal Register shuts 33 papers

The Journal Register Company has shut 33 regional weeklies, and may shut more if buyers aren't found for titles on the market. The Journal Register came under serious pressure last year, with debt driving the company stock to ... Read >
One way to save a newspaper: cut all the staff, let the unpaid interns run it

One way to save a newspaper: cut all the staff, let the unpaid interns run it

Metro, a Toronto daily free newspaper has laid off all of its paid staff, but will still be published with the help of the remaining unpaid interns. Metro terminated four unionized staff writers last week and two managers, ... Read >
Let’s not fool ourselves – news doesn’t have a ‘value’

Let’s not fool ourselves – news doesn’t have a ‘value’

Once more the inane argument about whether newspapers should be charging for their online content has reared its ugly head with the same old arguments and the same old people throwing in their two cents worth. As ... Read >
McClatchy reports 20.7% drop in advertising for the 4th quarter

McClatchy reports 20.7% drop in advertising for the 4th quarter

The McClatchy Company reported a 20.7% drop in advertising for the 4th quarter of 2008, although a rise in online advertising. Advertising revenues were $388.3 million, down 20.7% from the same quarter in 2007, showing a slight reduction ... Read >
Montreal newspaper dumps print edition, goes web only

Montreal newspaper dumps print edition, goes web only

Montreal newspaper The Monitor, founded in 1926 to serve the English speaking community in Montreal will cease print publication Thursday (Feb 5) and will switch to an online only presence. The paper, owned by Transcontinental has a weekly ... Read >
Newspapers fight back, blame recession for downturn

Newspapers fight back, blame recession for downturn

Several newspaper editors and owners have gotten together and launched The Newspaper Project, a site dedicated to letting the world know that the newspaper publishing business isn't really that badly off. The group includes Community Newspaper Holdings' ... Read >