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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: newspaper industry

newspaper industry stories: 100 news summaries

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Does Carlos Slim Want to Buy the Times?

As dividends dwindle, Mexican billionaire may move in on paper

Jan 26, 09 7:28 AM CST
(Newser) - Last week Carlos Slim, the world's second-richest man, lent $250 million to the New York Times Company—but why does he want 18% of a tanking media outfit? Advertising Age speculates that the Mexican tycoon is playing a long game: The loan is peanuts to Slim, but it puts him... More »

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newspaper • New York Times • Carlos Slim • American media • New York Times Company • newspaper industry

 Inauguration Boosts 
 Newspapers, for a Day 

Customers line up to nab front pages covering historic day

Jan 21, 09 1:17 PM CST
(Newser) - The newspaper industry might be in its death throes, but it briefly jolted to life this morning as long lines of people waited at newsstands for souvenir copies of front pages that hailed the inauguration of America’s first black president, the AP reports. In Washington, some editions of the... More »

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newspaper • journalism • American media • inauguration • President Obama • Inauguration Day • newspaper industry

 Big Day 
 a Windfall 
 for Newspapers 

Huge demand for special editions

Jan 19, 09 4:02 AM CST
(Newser) - Newspapers expect a multi-million-dollar windfall in extra sales to people who want a keepsake of Inauguration Day, and publishers are gearing up to make the most of it, Bloomberg reports. The Washington Post is  jacking up its price to $2, and the New York Times, USA Today and other publications... More »

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newspaper • New York Times • Washington Post • Wall Street Journal • USA Today • Los Angeles Times • Chicago Tribune • souvenir • President Obama • Inauguration Day • newspaper industry • special editions

Gannett Forces Workers
to Take Unpaid Leave

Move will avoid layoffs in newsrooms: company

Jan 14, 09 3:41 PM CST
(Newser) - America's largest newspaper publisher will require most of its 31,000 employees to take an unpaid week off this quarter, the New York Times reports. Gannett owns 85 newspapers in the US—including USA Today—that, like much of the industry, are under serious financial duress. The company says the... More »

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newspaper • layoffs • journalism • union • American media • Gannett • newspaper industry

GLOSSIES

At Times, Web Geeks Grab at Future, Keep Grip on Past

Team aims to keep it the organization 'of record' even as print product sees its obits

Jan 12, 09 11:17 AM CST
(Newser) - There’s a quiet revolution going on at the New York Times, hiding behind all the print-journalism doom and gloom, New York reports. Since 2007, a team of “developers-slash-journalists” has been collaborating with reporters and editors to create interactive web features—like the trippy Election Day Word Train, which... More »

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newspaper • online media • New York Times • online newspapers • print journalism • newspaper industry

OPINION


 To Save the News,
 Look to iTunes 

Model proves people will pay for what could be free

Jan 12, 09 10:44 AM CST
(Newser) - People expect their news for free these days, but online advertising revenue isn’t enough to support major operations, David Carr writes in the New York Times. But there may be hope for the newspaper industry. A decade ago, people began getting their music illegally. Now, the convenience of iTunes... More »

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Steve Jobs • online advertising • Wall Street Journal • iTunes • subscribers • online newspapers • Consumer Reports • David Carr • newspaper industry

Seattle Newspaper Deathwatch Begins

Post-Intelligencer put up for sale, could stop printing if there's no buyer

Jan 9, 09 4:10 PM CST
(Newser) - The Seattle Post-Intelligencer will be closed or converted to a digital publication if a buyer doesn't emerge within 60 days, the Seattle Times reports. "Our losses have reached an unacceptable level," the executive of owner Hearst who made the announcement told the stunned newsroom today. "People cried,... More »

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media • newspaper • Seattle • news organization • newspaper industry • Seattle Post-Intelligencer • Seattle Times • Hearst

OPINION

Print Times Not Quite Dead, But Hope Lies in Its Ashes

Journalism faces a challenge, but hardly a disaster

Jan 7, 09 3:36 PM CST
(Newser) - We know it’s coming, that day when print newspapers cease to exist, but it won’t be this year, right? Maybe, maybe not, Michael Hirschorn writes in the Atlantic, and it wouldn’t necessarily be a disaster. The New York Times is in trouble—it could default on $400... More »

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Internet • newspaper • online media • New York Times • advertising • journalism • online newspapers • print journalism • Huffington Post • economic downturn • newspaper industry

 Web Overtakes Papers for News 

Record number of Americans ditch print to get their news from the net

Dec 27, 08 5:42 AM CST
(Newser) - For the first time ever, more people are getting their news from the Internet than from newspapers, the Los Angeles Times reports. A Pew Research poll found that 40% of people cited the Internet as a main news source, compared to 35% for print. At 70%, television remains the country's... More »

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Internet • newspaper • news • television news • newspaper industry

 NYT Ready to Sell BoSox Stake 

As newspapers tank, company offloads non-core assets

Dec 24, 08 5:25 PM CST
(Newser) - With revenues plummeting and advertisers and readers fleeing, the cash-starved New York Times Co is looking to offload a once-sacrosanct asset—its 17.5% stake in the Boston Red Sox and Fenway Park, the Wall Street Journal reports. Revenues at the Times Co arm that includes the Grey Lady and... More »

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New York Times • Boston Red Sox • Fenway Park • shares • credit crisis • New York Times Company • Boston Globe • newspaper industry

 One Year On: 
 Murdoch Dances, 
 News Corp Mourns 

Purchase of Dow Jones came at worst possible time

Dec 16, 08 7:42 AM CST
(Newser) - Those hesitant Bancrofts who sold the Wall Street Journal to Rupert Murdoch last year have something to smile about this Christmas. Murdoch may be delighted with his new toy, but News Corp.'s share price has plunged 61%, farther than even perennial underperformer Time Warner. One year after its acquisition... More »

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Rupert Murdoch • Wall Street Journal • Dow Jones • American media • News Corp • newspaper industry

Media Woes Spread at the Speed of Twitter

Site posts updates on industry firings and
(less often) hirings

Dec 15, 08 11:47 AM CST
(Newser) - The rapid shrinking of the media industry is generating enough news to have a Twitter feed all to itself. The "Themediaisdying" feed, started by a PR firm employee, covers hirings, layoffs, and circulation changes in 140 characters or less, the New York Times reports. More »

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social networking • media • blogging • Twitter • newspaper industry

 Detroit Papers to 
 Cut Home Delivery 

Likely move will be first for major metro rags

Dec 13, 08 9:03 AM CST
(Newser) - In another sign of the dire health of the newspaper business, leading Detroit newspapers are expected to announce this week that they're eliminating home delivery 4 days a week, the Wall Street Journal reports. The Detroit Free Press and the News would be the first major metropolitan papers to take... More »

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newspaper • online media • Detroit • circulation • print journalism • Detroit Free Press • newspaper industry

COMMENTARY

 The Bell Tolls for Journos 

Explosion of web content and staff cuts marks the end of an era

Dec 12, 08 9:32 AM CST
(Newser) - With the flurry of firings and buyouts at the nation’s newspapers, "it certainly feels like the end of days," writes Julia Klein in Obit. But while much has been made of lofty topics such as "the fate of democracy" and "journalism's core civic and watchdog... More »

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media • online media • Los Angeles Times • newsroom cuts • print journalism • San Jose Mercury News • newspaper industry

 Cash-Poor NYT 
 Seeks $225M Deal 
 for Building 



Tight credit market, falling profits hurt paper

Dec 8, 08 8:16 AM CST
(Newser) - Facing declining profits and tight credit, the New York Times is looking to raise $225 million by borrowing against the 58% share the company holds in its new Renzo Piano-designed skyscraper in Times Square, the paper reports. The Times hopes to either take out a mortgage on the 52-story building... More »

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New York Times • mortgage • credit crisis • Renzo Piano • commercial real estate • financial crisis • newspaper industry

 Tribune May File for 
 Bankruptcy This Week 

Saddled with debt, media company
looks at Chapter 11

Dec 7, 08 7:02 PM CST
(Newser) - The Tribune Co. has hired a financial adviser to help it file for bankruptcy as early as this week, the Wall Street Journal reports. Facing $12 billion in debt and shrinking profits, the owner of the Chicago Cubs and several newspapers has also brought in legal counsel to guide it... More »

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Chicago Cubs • Sam Zell • Tribune Company • bankruptcy • Los Angeles Times • Chicago Tribune • newspaper industry

Radio Struggles as Advertisers Tune Out

Despite a slight growth in audience, homogenized radio is losing ad dollars

Nov 26, 08 9:35 AM CST
(Newser) - More listeners hasn’t translated into more cash for radio broadcasters struggling to keep advertising revenues up, reports the New York Times, as prime clients like auto dealers and retailers cut ad buys in their own battle to stay afloat. Radio advertising continued its 18-month nosedive, declining 10% in October... More »

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satellite radio • advertising • radio advertising • newspaper industry • digital radio

 Newspaper Circulation Off 3.6% 

USA Today, WSJ only big names to buck accelerating downward trend

Apr 28, 08 4:37 PM CDT
(Newser) - Newspaper circulation contracted the past six months as competition from Internet sources and cutbacks in advertising decreased sales, Bloomberg reports. Circulation dropped 3.6% for the industry as a whole, with only USA Today and the Wall Street Journal enjoying slightly increased circulation among the 25 largest papers. "The... More »

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newspaper • New York Times • Wall Street Journal • USA Today • circulation • Los Angeles Times • New York Daily News • newspaper industry

Times Editor Slams Times for Failing to Cover ... Times

Ombudsman: Paper's missing a great story

Jul 23, 07 6:49 PM CDT
(Newser) - In an attention-getting column in yesterday's Times, public editor Clark Hoyt criticized the paper for failing to report on its own business challenges, thereby avoiding conflict with the publisher. Hoyt, who is charged with representing the interests of readers, wrote that the Times has hit a "rough patch,"... More »

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Rupert Murdoch • New York Times • Wall Street Journal • Sulzberger family • Clark Hoyt • editorial • public editor • newspaper industry

(Newser) - The looming Murdochization of the Wall Street Journal highlights what people should have realized long ago, writes Gary Weiss: just how disastrous public ownership is to the newspaper business. Every time that investors' bottom lines are matched against journalistic integrity, journalism gets tramped. "The only solution," he says,... More »

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newspaper • Rupert Murdoch • Wall Street Journal • journalism • privatization • pubic ownership • newspaper industry

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