Recently added articles from NewsInc:
NEWHOUSE ANN ARBOR TO DIGITAL; COPLEY SELLS UNION-TRIB Ann Arbor News to shut down; equity firm buys San Diego daily.
Mar 23, 2009 ... Two of the most storied names in private newspaper publishing -- Copley and Newhouse -- took radical turns in the last few days, with the former exiting newspapers entirely with its Wednesday sale of its flagship San Diego Union-Tribune and its last small weekly, and the latter saying ...
THERE MAY BE A BUYER FOR TUCSON CITIZEN.
Mar 23, 2009 ... Two papers and a joint operating agreement continue in Tucson, Ariz., as Gannett Co. Inc. considers offers to buy the Tucson Citizen, which it put up for sale Jan. 19. And while the JOA in Seattle is dead, it appears that the Seattle Times continues to assist The Hearst Corp. in the ...
ABITIBIBOWATER EXTENDS BOND-SALE OFFER.(bankruptcy reorganization)
Mar 23, 2009 ... A reduced interest in advertising -- driven by both a general and ad recession -- has driven down demand for newsprint, continuing to make life difficult for the makers of the commodity. Case in point: last week AbitibiBowater Inc. of Montreal continued to scramble to renegotiate its loans ...
NEWSPAPER ON-LINE READERSHIP SURGES.(Report)
Mar 23, 2009 ... Following reports earlier this month of on-line newspaper readership gains -- both the Nielsen On-line and Lee Enterprises have reported big surges in newspaper web site visitors -- USAToday.com said last week that its year-over-year traffic was up 27 percent last month. Not so ...
BRIEFS.(Craig Dubow and Gannett Co. Inc.'s investors relations)(Newspaper Association of America's newspaper circulations statistics)(online newspaper sales increases)(Financial report)
Mar 23, 2009 ... *Gannett, NYTCo. limit executive pay: Craig Dubow, the chairman and chief executive of Gannett Co. Inc., lost about 60 percent of his 2008 pay package, The Associated Press reported last week. Dubow's pay packet was about $3.1 million in 2008, compared to $7.9 million in 2007. The wire ...
PERSONS.(Nackey Scagliotti appointed at E.W. Scripps Co.)(Evan Ray appointed at Audit Bureau of Circulations)(George Le Masurier appointed at Olympian in Olympia)
Mar 23, 2009 ... Boards: At The E.W. Scripps Co. of Cincinnati, Nackey Scagliotti has been named chairwoman of the board of directors; she has been a member of the board since 1999. Scagliotti was chairwoman of the board of directors of The Union Leader Corp. of Manchester, N.H., from 1999 until December ...
PRINTLESS IN SEATTLE: HEARST TAKES P-I ON-LINE ONLY 20 to staff Post-Intelligencer web site; Rocky staff to launch site too.
Mar 16, 2009 ... Hearst's Seattle Post-Intelligencer will end its 142-year life as a printed newspaper tomorrow and re-emerge as an on-line only operation, the New York City multi-media giant said today. Also today, a group of former Rocky Mountain News staffers -- their print paper shut down from under ...
HEARST CUTS DEAL WITH S.F. GUILD; TIMES CO. SELLS HQ Chronicle union takes a hit; New York building gains $225M.(Financial report)
Mar 09, 2009 ... Newspaper fortunes -- and the lack thereof -- took another wild ride in the last week, with Hearst's San Francisco Chronicle saying this evening it had forged a deal with its largest union to stave off a sale of the daily or its closure, while The New York Times Co. cut a $225 million deal ...
SCRIPPS SHUTTERS ROCKY; THREAT OF CHRONICLE CLOSURE Denver JOA dies with $16M loss; Hearst seeking San Francisco cuts.
Mar 02, 2009 ... In what may be the beginning of the end of a vast swath of daily newspapers, The E.W. Scripps Co. on Thursday shuttered its Denver paper, the Rocky Mountain News, and on Tuesday The Hearst Corp. said that if it can't gain "a significant reduction in the number of its unionized and nonunion ...
JOURNAL REGISTER, PHILLY PAPERS, FILE FOR CHAPTER 11 Both bankruptcies seek to reduce debt, keep lenders at bay.
Feb 23, 2009 ... In a one-two punch over the weekend, both Journal Register Co. and Philadelphia Newspapers LLC filed for Chapter 11 bankruptcy protection, each seeking to drastically renegotiate the loans on which their companies were built. The filings are just the latest in the newspaper ...
ENDING DIVIDENDS THE LATEST MONEY-SAVING TREND McClatchy, Media General suspend shareholder quarterly payouts.(A.H. Belo Corp., McClatchy Co. and Media General Inc.'s dividend reports)(Financial report)
Feb 02, 2009 ... While insignificant amounts for individual shareholders, institutional investors -- and the ever-popular super-voting shareholders who control companies -- see dividends as a solid, quarterly cash flow that helps with their overall investing portfolio (or, in the case of some super-voters, ...
GANNETT TRIES TO SELL ARIZONA PAPER BUT NOT JOA Tucson Citizen has until March 21; third recent JOA closure announced.
Jan 19, 2009 ... Joint operating agreements -- once seen as the savior of multiple newspaper voices in metropolitan communities -- seem to be running out of gas, as on Friday Gannett Co. Inc. said that it was putting its Arizona JOA paper, the Tucson Citizen, up for sale and that if a buyer were not found, ...
DENVER UNIONS GET ULTIMATUM: NEW CONTRACT BY JAN. 16 While MediaNews wants $20M in concessions, Rocky still for sale.
Dec 22, 2008 ... Despite a reported "handful" of parties interested in buying the Rocky Mountain News, the Denver Newspaper Agency, the Denver Post and MediaNews Group Inc. continued to move forward in an effort to reopen union contracts in order to obtain $20 million in concessions. The agency, ...
MEDIANEWS MAKES MAJOR MOVES IN DENVER, DETROIT Seeking $20M savings in Denver; to cut home delivery in Detroit.
Dec 15, 2008 ... MediaNews Group Inc. -- the Denver-based privately held publisher of 54 dailies in 11 states -- continued to signal today that it is expecting its Denver Post will soon be the only daily in Denver, as The E.W. Scripps Co. will apparently shutter the Rocky Mountain News, while MediaNews and ...
ALL HELL BREAKS LOOSE: TRIB, SSP, McCLATCHY IN PANIC Tribune files Chap. 11; Scripps to sell Rocky and Miami Herald for sale too.
Dec 08, 2008 ... Just a little more than a week after what was probably the biggest day of retail advertising this year -- and it was an anemic Thanksgiving, let me assure you -- Tribune Co. filed Chapter 11 bankruptcy proceedings to stave off hostile lenders, The E.W. Scripps Co. put its largest paper, ...
NORFOLK PAPER GOES OFF THE MARKET.
Dec 08, 2008 ... Back among the less irregular newspaper mergers and acquisitions, one paper up for sale has been taken off the market (for the time being, anyway), another group for sale has attracted the interest of local politicians and a number of daily newspaper companies have invested in a social ...
BRIEFS.
Dec 08, 2008 ... *S. Calif. paper settles with carriers: The Orange County Register said late last month that it had settled a five-year lawsuit with its newspaper carriers that could cost it as much as $36 million. The class-action suit began trial in Southern California's Orange County Superior Court on ...
PERSONS.(GateHouse Media Inc.)(briefs)
Dec 08, 2008 ... Executive suite: At The McClatchy Co. of Sacramento, Howard Weaver has announced he will retire by year end; he has been the company's vice president of news since 2001. Earlier, Weaver served as the editorial page editor of the company's flagship Sacramento Bee from 1997-2001 and before ...
TIMES CO. SLASHES DIVIDEND 76% TO SIX CENTS A SHARE Nonetheless, public newspaper shares take 24-1/2% plunge in week.
Nov 24, 2008 ... While Wall Street continued to be battered last week -- the S&P 500 was off 8.4 percent from Monday to Friday -- publicly traded newspaper publishing companies seemed to bear the brunt of the bearish market: the NewsInc. Index declined 24-1/2 percent for the week, making it the worst ...
OCT. CLASS EMPLOYMENT ADS PLUNGE 50%.(advertising)
Nov 24, 2008 ... While print ad revenue continued its precipitous declines in October -- employment ad revenue was a particularly depressed category, with some companies reporting declines in the near 50-percent arena -- Internet ad revenue continued to show improvements. The Interactive ...