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October 8, 2008 4:54:14 AM 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 21 - 25 of 25

<< Prev 1 2
  • November 2007

    • Newspaper Ad Profits Down Despite Increase in Online Ads

      Reuters  |  Nov 21, 07 11:49 AM CST

      Newspaper Ad Profits Down Despite Increase in Online Ads

      (Newser) - A 21% third-quarter increase in newspapers' online advertising revenues was not enough to offset a print ad spending decline that brought total ad spending down 7.4% to $10.9B. As major newspaper companies grapple with contracting print revenues and declining profits, Gannett's USA Today has announced 8.8% cuts of editorial staff, Reuters reports. More »

  • October 2007

    • Yahoo's Newspaper Deal Still Buggy

      Reuters  |  Oct 12, 07 11:50 AM CDT

      Yahoo's Newspaper Deal Still Buggy

      (Newser) - Yahoo!'s deal to handle online ads for 19 newspaper publishers is approaching its first anniversary, and it's still unclear how helpful the partnership will be, reports Reuters. Much of the promised technology hasn't even been built yet, and individual papers may be limited in their options by the size of the consortium. More »

  • July 2007

    • Tribune Co. Risks Default on Debt Payments

      Bloomberg  |  Jul 20, 07 8:30 PM CDT

      Tribune Co. Risks Default on Debt Payments

      (Newser) - The Tribune Co. is at risk for missing interest payments on part of the $13-billion debt that will result from the sale to real estate baron Sam Zell, Bloomberg reports. The prediction is based on trading in the company's credit-default swaps; at $77,000 per $10 million in debt, they indicate a 50% risk of default. That's up from 32% in May, when the deal was set in motion. More »

  • May 2007

    • Salon: Public Ownership Fails Newspapers

      Salon  |  May 9, 07 12:31 PM CDT

      Salon: Public Ownership Fails Newspapers

      (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, "is to get rid of the shareholders." More »

  • April 2007

    • Tribune Saddled With Daunting Debt

      Wall Street Journal  |  Apr 4, 07 8:53 AM CDT

      Tribune Saddled With Daunting Debt

      (Newser) - Sam Zell 's bid for the Tribune Co. beat back his well-heeled rivals, but it saddled an already struggling enterprise with over $12 billion in debt. Now the Wall Street Journal wonders how he expects to pay it back. The likely annual interest fees alone will reach $1 billion, only slightly less than the company's entire annual cash flow. More »

Stories 21 - 25 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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