NEWS OF THE INDUSTRY
Cincinnati Enquirer share of Gannett layoffs: 100
Editor & Publisher - 03 Jul 2009
Of the 1,400 layoffs Gannett Co. is ordering at its U.S. Community Publishing Division, the Cincinnati Enquirer and its related digital and print products will absorb about 100, Publisher Margaret Buchanan said in a memo Thursday.
MediaNews Group: We're not on brink of bankruptcy
Mark Fitzgerald - Editor & Publisher - 02 Jul 2009
MediaNews Group late Wednesday denied a report in an investors newsletter that it is arranging a pre-packaged bankruptcy -- or readying any change in ownership of the Denver-based publisher controlled by William Dean Singleton and Richard B. Scudder.
Murdoch denies interest in acquiring NYT
Dan Freed - The Street - 02 Jul 2009
Murdoch, the 78-year-old News Corp. (NWSA Quote) chairman and CEO who moved television news considerably to the political right with Fox News, stunned the U.S. newspaper establishment in 2007 with his purchase of Dow Jones and The Wall Street Journal.
Judge: Philly newspaper creditors must share taping info
Editor & Publisher - 02 Jul 2009
A federal judge overseeing the bankruptcy proceedings for Philadelphia Newspapers LLC ordered lawyers for the company's creditors to share details of their investigation into an alleged unauthorized recording of a meeting with the company's lenders.
Indy Star Guild overwhelmingly rejects contract offer
Joe Strupp - Editor & Publisher - 02 Jul 2009
The Indianapolis News Guild overwhelmingly rejected a two-year contract offer from The Indianapolis Star that would have included a 12% pay cut, no pay increases for at least two years, and the elimination of arbitration on individual layoffs.
A closer look at MediaNews Group's debt
Michael Roberts - Westword - 01 Jul 2009
When the Rocky Mountain News was put up for sale in December (a move that prefigured its February closure), employees clinging to hopes of a last minute reversal of fortune repeatedly pointed to the debts burdening MediaNews Group, owner of the Rocky's rival, the Denver Post. Because MediaNews, chaired by Post publisher Dean Singleton, isn't a public company, however, it was mighty difficult to quantify the depth of that debt. But a new article offers some tantalizing clues.
Another big round of layoffs is imminent at Gannett
Richard Pérez-Peña - The New York Times - 01 Jul 2009
The Gannett Company, owner of the nation's largest newspaper chain, will go through another round of layoffs soon, with an announcement possible in the next few days, executives said Tuesday.
Lee Enterprises changes mind on reverse stock split
Mark Fitzgerald - Editor & Publisher - 01 Jul 2009
Lee Enterprises said late Tuesday it is not going ahead with a reverse stock split that would raise its share price, which currently costs about as much as a copy of one of its dailies.
1Cast: Hitting the mobile video aggregation trifecta
Ken Doctor - Content Bridges - 01 Jul 2009
"Mobile." "Video." Usually, these are the rather dry one-world descriptions of What's Next, items on to-do lists for anyone serious about building new digital businesses. Add "Social," and you've got a trifecta.
St. Paul Pioneer Press lays off in newsroom, ad sales
Editor & Publisher - 30 Jun 2009
The St. Paul Pioneer Press laid off nine newsroom employees and two more in advertising sales and production today, according to a report by the Star Tribune of Minneapolis.
Gannett Co. to execute another round of layoffs
Editor & Publisher - 30 Jun 2009
Gannett executives told told The New York Times' Richard Perez-Pena that the McLean, Va.-based company is getting ready to issue another round of layoffs.
Indianapolis Guild votes on contract with 12% pay cut
Joe Strupp - Editor & Publisher - 30 Jun 2009
The Indianapolis News Guild is voting today on a two-year contract offer from The Indianapolis Star that includes a 12% pay cut, no pay increases for at least two years, and the elimination of arbitration on individual layoffs.
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