MORE NEWS OF THE INDUSTRY
How bad is it for the Strib?
City Pages - 06 May 2008
Reporters examining the Star Tribune's finances can be compared to a group of blind men reporting on an elephant. No one source, not even the paper's higher-ups themselves, seems to have all the answers.
Santa Barbara News-Press, Indy settle lawsuit
Nick Welsh - Santa Barbara Independent - 06 May 2008
Owners of the Santa Barbara News-Press and Santa Barbara Independent agreed to put away their legal swords this week, finally concluding a settlement to the News-Press’s complaint that the Independent had infringed upon its federal copyright protections.
McClatchy stock down on huge volume
Mark Fitzgerald - Editor & Publisher - 06 May 2008
Stock in The McClatchy Co. dropped more than 7% on trading volume Monday that was more than seven times higher than normal.
Star Tribune hires Blackstone Group to analyze its finances
Matt McKinney - The Minneapolis Star Tribune - 05 May 2008
Faced with sliding advertising revenue amid a continuing slowdown of the newspaper industry, the Star Tribune said Sunday that it has hired an adviser to evaluate its finances.
Attempt to unionize Trib and CC Times Wins Support
Robert Gammon - East Bay Express - 03 May 2008
A months-long effort to unionize the newsrooms of the Oakland Tribune, the Contra Costa Times, and several other East Bay newspapers got a huge boost Friday when union officials revealed that "a strong majority" of reporters, photographers, and copy editors at the papers had signed union cards and were demanding a union election.
Union petitions feds for newspaper vote
George Avalos - The Contra Costa Times - 03 May 2008
Newspaper workers petitioned federal officials on Friday to be recognized as a union, marking the latest move in a union-led effort to represent journalists employed by papers in the East Bay and San Mateo County.
The journalists want the National Labor Relations Board to clear the way for an election to decide if the newspaper employees would be represented by a union.
Newspaper union stirring to life in the East Bay
John Geluardi - SF Weekly - 03 May 2008
East Bay newspaper employees who have been alarmed at the declining quality of journalism took responsibility for their own futures on Friday by asking to be formally recognized as a union.Union organizers launched their campaign in October and after seven months of after-work meetings, thousands of e-mails and a lot of beer drinking, they were able to get a strong majority of the 250 eligible employees to sign guild cards.
S.F. Bay Area MediaNews Group employees file to unionize
Joe Strupp - Editor & Publisher - 02 May 2008
Nine months after MediaNews Group withdrew recognition of the Newspaper Guild unit at its Alameda Newspaper Group outside San Francisco, employees there and at five sister newspapers have petitioned for a new union vote.
Press Release
Journalists announce majority support for new Guild at East Bay papers
Northern California Media Workers - 02 May 2008
Journalists leading a guild organizing effort at the Bay Area's largest newspaper chain petitioned the National Labor Relations Board for formal recognition as a union today, the Northern California Media Workers Guild announced.
Newspaper jobs on the move -- over the ocean
Jennifer Saba - Editor & Publisher - 02 May 2008
The excess of newspaper staff-cut announcements in recent months has taken on an unsettling ring. While the loss of jobs is terrifying enough, an added element makes it even more stomach-churning: In some cases, jobs are not so much lost as going elsewhere — often overseas.
Washington Post Co. Q1 profit drops on Newsweek buyouts
Editor & Publisher - 02 May 2008
The Washington Post Co. reported Friday that its first-quarter net income was $39.3 million, or $4.08 a share, down from $64.4 million, or $6.70 a share, from Q1 2007. Most of the decrease came from a $24.6 million charge, with an after-tax impact of $1.60 a share, related to an early retirement program at Newsweek magazine.
After bid by Cablevision, rivals mull offers for Newsday
James T. Madore and Thomas Maier - Newsday - 02 May 2008
Cablevision Systems Corp.'s $650-million bid for Newsday has been received, and rival suitors were said to be mulling possible changes to their offers, sources familiar with the talks said Thursday.
Journal Register says it's through as public company
Mark Fitzgerald - Editor & Publisher - 02 May 2008
Its stock delisted by the New York Stock Exchange (NYSE) and shunned by investors, troubled community newspaper publisher Journal Register Co. said late Thursday it intends to stop filing reports with the Securities and Exchange Commission (SEC).
McCaw hands out pink slips
Colby Frazier - Santa Barbara Daily Sound - 01 May 2008
In an action dubbed a “company wide reorganization,” the Santa Barbara News-Press laid off 10 employees yesterday, two of whom were editors.
Newsday: The sale that isn’t a sale
Andrew Ross Sorkin - The New York Times - 30 Apr 2008
Is the Tribune Company dodging the tax man? Not quite, but the newspaper company seems to be doing its best to avoid paying Uncle Sam a piece of the proceeds from the potential sale — or non-sale, if you happen to be a representative from the Internal Revenue Service — of Newsday.
Circ numbers: Talking quantity...and "quality"
Ken Doctor - Content Bridges - 29 Apr 2008
How fast can you paddle?
That's the unabated message of today's ABC FAS FAX circulation numbers being reported. They cover the six-month period, through March 31. Overall, the water keeps rising: 3.5% down daily, and 4.5% down Sunday. Those are in line with what we've now seen for more than three years. The waves aren't subsiding, but rising a bit more. Worse, there's not much relief in sight.
Bidding war for Newsday?
Mark Harrington - Newsday - 29 Apr 2008
Cablevision Systems Corp. appears poised to make an end-around bid for Newsday this week with an offer expected to top two competing $580-million bids by media barons Rupert Murdoch and Mortimer Zuckerman, according to sources familiar with the matter.
Orange County Register to cut 80-90 jobs
Jan Norman - The Orange County Register - 29 Apr 2008
The Orange County Register and its affiliated publications are laying off between 80 and 90 employees, or 5 percent of its workforce, because of declining advertising revenue, President and Publisher Terry Horne said Monday.
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