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July 25, 2008 6:46:24 PM CDT

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Stop the Presses! track this thread

Started by Imperator; Last updated May 1, 08 8:02 AM CDT by P Spain | View history

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Stop the Presses!

The newspaper industry is in dire straights. And there is little hope of an upturn as readers and, more importantly, advertisers increasingly go online.

Stories

Stories 1 - 20 of 25

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  • July 2008

    • Chicago Tribune Editor Resigns Amid Cutbacks

      newser  |  Associated Press  |  Jul 14, 08 3:58 PM CDT

      Chicago Tribune Editor Resigns Amid Cutbacks

      Chicago Tribune editor Ann Marie Lipinski handed in her resignation today after 7 years in the top post at the Tribune Company's flagship paper. Lipinski's departure comes a week after the 161-year-old newspaper told its staff it would eliminate about 80 newsroom jobs amid a broad effort to cut costs as advertising and circulation revenues decline at its newspapers nationwide. More »

  • June 2008

    • Washington Post Top Editor Calls It Quits

      newser  |  Washington Post  |  Jun 23, 08 8:40 PM CDT

      Washington Post Top Editor Calls It Quits

      The Washington Post 's executive editor is retiring, he said today, after a 17-year run that included many prizes, painful staff cuts, and the rise of the Internet. A low-profile but highly respected figure, Leonard Downie Jr. told his staff he would miss the paper. "At the same time I'm ready to do this, because so much further change now needs to take place at the newspaper and Web site, and someone else should be tackling that." More »

    • France's Top Newspaper Faces Crisis

      newser  |  Guardian (UK)  |  Jun 23, 08 12:40 PM CDT

      France's Top Newspaper Faces Crisis

      In the past year, the French newspaper Le Monde has endured the worst crisis in its history, losing its editor-in-chief and failing to appear on newsstands for days during a series of strikes. Now its 340 staffers have been given an ultimatum, writes the Guardian : Unless about 20% accept voluntary resignations by next week, the independent paper will be taken over by corporate owners. More »

    • Zell's Tribune Co. Heads Toward Default on Loans

      newser  |  Bloomberg  |  Jun 19, 08 5:43 PM CDT

      Zell's Tribune Co. Heads Toward Default on Loans

      As the newspaper industry continues its accelerating skid into the red, even billionaire Sam Zell's Tribune Company is on track to default on its massive loans as soon as the end of the year, an analyst predicts. The parent of the Chicago Tribune and Los Angeles Times is far from alone. Bloomberg takes a look at the industry as it struggles to overcome historic lows in advertising revenue. More »

    • Zell Deserves Jail for 'Dumbed Down' Papers

      newser  |  Washington Post  |  Jun 11, 08 12:35 PM CDT

      Zell Deserves Jail for 'Dumbed Down' Papers

      Sam Zell isn't just diminishing the great newspapers he bought in acquiring the Tribune Company, Harold Meyerson writes in the Washington Post —he's doing a grave disservice to cities that have supported the likes of the Los Angeles Times . "Zell has taken bean counting to a whole new level," leaving the paper "dumbed down" as he trims news coverage to equal space devoted to advertising. More »

    • News Writers Should Strive to Write as Much as Possible, Says Tribune Co.

      newser  |  Washington Post  |  Jun 10, 08 3:47 PM CDT

      News Writers Should Strive to Write as Much as Possible, Says Tribune Co.

      The Tribune Co., which as you have probably guessed is the company that produces the Chicago Tribune, among other newspapers, is bringing a revolution, or a big change, to the news business. Tribune Co.’s Chief Operating Officer, Randy Michaels, has decided to start measuring productivity by word count, and Michael Kinsley of the Washington Post and the LA Times , which is a Tribune paper, thinks it’s a fabulous, superb, nifty, keen, downright great, and perhaps even visionary idea. More »

    • Sam Zell: Saving Newspapers, or Burying Them?

      newser  |  New York Times  |  Jun 9, 08 5:58 AM CDT

      Sam Zell: Saving Newspapers, or Burying Them?

      Sam Zell and his Tribune Company announced last week that they would trim 500 pages of news each week from the conglomerate's dozen newspapers, including the LA Times and the Chicago Tribune . But is a paper split 50-50 between news and ads the solution for an industry in crisis? The New York Times looks at the viability of a radical plan. More »

    • Fake Airline Has Philly Giggling

      newser  |  Associated Press  |  Jun 6, 08 7:44 PM CDT

      Fake Airline Has Philly Giggling

      An ad for "Derrie-Air" airlines made Philadelphia readers the butt of a publicity joke today, the AP reports. The owner of two newspapers and an ad agency revealed that the airline—which claimed to charge passengers by weight, and be carbon-neutral—was cooked up to prove the power of advertising. And it's generating online buzz aplenty, a media company says. More »

    • Surprise, Webheads: Newspaper Sales Are Up

      newser  |  Associated Press  |  Jun 2, 08 8:00 PM CDT

      Surprise, Webheads: Newspaper Sales Are Up

      Newspaper circulation is up worldwide despite slipping numbers in the US and Europe, the AP reports. Officials at a worldwide newspaper conference said today that India and China are leading the 2.6% increase, thanks to higher literacy, incomes, and more leisure time. "They say newspapers and print are dead," one official said. "Well, I just don't see it." More »

  • May 2008

    • Murdoch Drops Newsday Bid

      newser  |  Reuters  |  May 10, 08 1:44 PM CDT

      Murdoch Drops Newsday Bid

      Rupert Murdoch has dropped his $580 million bid for Newsday . Cable operator Cablevision has offered $650 million for the Long Island daily, and Murdoch’s News Corp. said a higher bid would be “uneconomical.” The media tycoon’s dropout was unexpected, Reuters says, considering Murdoch recently told investors a deal was nearly done. A $580 million bid from Mortimer Zuckerman, owner of the rival Daily News , remains on the table. More »

  • April 2008

    • Newspaper Circulation Off 3.6%

      newser  |  Bloomberg  |  Apr 28, 08 4:37 PM CDT

      Newspaper Circulation Off 3.6%

      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 decline is certainly worse than in the past few years,'' one analyst said. More »

    • Daily Paper Dumps Print Edition for Web

      newser  |  New York Times  |  Apr 28, 08 4:56 AM CDT

      Daily Paper Dumps Print Edition for Web

      In an ominous sign of the times for printed news, a struggling 90-year-old Wisconsin daily newspaper is shutting down its daily print operation, but will continue to exist online, the New York Times reports. Most of the 18,000 current subscribers of Madison's afternoon Capital Times are switching to the city's bigger daily. More »

    • Daily News Owner Makes Newsday Bid

      newser  |  New York Times  |  Apr 26, 08 6:02 AM CDT

      Daily News Owner Makes Newsday Bid

      Daily News owner Mort Zuckerman has matched Rupert Murdoch's bid for Newsday , the New York Times reports—but didn't go a penny over the $580 million the New York Post owner offered. Instead Zuckerman claimed his bid is the better one because, unlike Murdoch's, it doesn't run the risk of running into an FCC tripwire. More »

    • Murdoch Calls FCC Bluff With Newsday Move

      newser  |  New York Times  |  Apr 23, 08 6:43 PM CDT

      Murdoch Calls FCC Bluff With Newsday Move

      Rupert Murdoch is betting new federal standards limiting media ownership to one TV station and one newspaper (per market) won't keep him from buying a fifth New York outlet. The mogul has long held waivers to control media in excess of the rules, and he doesn't think recent enforcement pledges will stop him from winning permission to own Newsday , the Times reports. More »

    • Strike Keeps Le Monde Off Newsstands

      newser  |  Times (UK)  |  Apr 15, 08 6:19 AM CDT

      Strike Keeps Le Monde Off Newsstands

      Le Monde was absent from French streets today for the first time in more than 30 years as staff went on strike at the debt-ridden newspaper. In the ongoing battle over the future of the prestigious evening title, which saw the editor-in-chief pushed out, management is now trying to eliminate 130 jobs, or 25% of journalists. That was too much for staff, who walked off, reports the Times of London. More »

  • March 2008

    • Newsday Sale Another Bad Sign in Teetering Industry

      newser  |  New York Times  |  Mar 24, 08 11:07 AM CDT

      Newsday Sale Another Bad Sign in Teetering Industry

      Just last year, Sam Zell was optimistic enough about newspapers to buy the Tribune Company. Now he’s selling Newsday , one of the conglomerate’s top publications. “The news business is something worse than horrible,” he said recently. Across the industry, gung-ho new owners like Zell are experiencing buyer’s remorse, David Carr writes in the New York Times . More »

    • Zell Might Sell Newsday

      newser  |  New York Times  |  Mar 20, 08 9:44 PM CDT

      Zell Might Sell Newsday

      Falling ad revenues could push Sam Zell's Tribune Company to sell Newsday , the Long Island newspaper with the 10th-highest circulation in the nation, the New York Times reports. Among those interested are Rupert Murdoch, who already owns the New York Post . Also in the running are the owner of the Daily News and the family that runs Cablevision. Tribune announced yesterday it lost $78 million in the fourth quarter. More »

    • Political Cartoons No Longer Front and Center

      newser  |  US News and World Report  |  Mar 1, 08 8:26 PM CST

      Political Cartoons No Longer Front and Center

      Political cartoons remain, but they lost front page power and heft long ago, says U.S. News & World Report . Cartoonists like Thomas Nast could once sway elections—Ulysses S. Grant credited Nast's pencil to helping him win the presidency—but the ranks of full-time pen-and-paper satirists have thinned to less than 100 today, compared to 2,000 a century ago. More »

  • January 2008

    • LA Times Loses 3rd Editor to Budget Disputes

      newser  |  Associated Press  |  Jan 21, 08 4:32 AM CST

      LA Times Loses 3rd Editor to Budget Disputes

      The top editor of the Los Angeles Times has been fired after a confrontation with publisher David Hiller over $4 million in planned newsroom cutbacks, reports AP. James O'Shea's departure after just 14 months marks the third time in less than three years that the paper's top editor has left over budget issues. Hiller denies that he fired O'Shea and said his departure was part of a "reorganization." More »

  • December 2007

    • FCC Loosens Cross-Media Ownership Ban

      newser  |  Washington Post  |  Dec 18, 07 4:05 PM CST

      FCC Loosens Cross-Media Ownership Ban

      The FCC loosened a 32-year-old ban on simultaneous ownership of a newspaper and a radio or TV station in the same city today, the Washington Post reports. The commission voted 3-2 along party lines after a dispute-filled meeting. Afterward, one of the Democratic commissioners said, "Powerful companies are using political muscle to sneak through rule changes that let them profit at the expense of the public interest." More »

Stories 1 - 20 of 25

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Charlie Chaplin in Modern Times   (United Artists)
Tribune piles up debt   (KRT Photos)
The newsroom at the New York Times is seen as editorial staffers work feverishly to prepare a Monday edition, in this Nov. 5, 1978 file photo.   (AP Photo/Ron Frehm, File)
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