Jeff Bercovici reports on AOL’s Patch.com:
Arianna Huffington must not be taking that class action lawsuit against her too seriously. Not only is AOL’s new content chief not cutting down on the use of unpaid bloggers, she’s doubling down — literally. Patch, AOL’s network of hyperlocal news sites, is trying to recruit as many as 8,000 bloggers in the next eight days, according to editor in chief Brian Farnham.
Henry Blodget and Kamelia Angelova report on the New York Times:
The New York Times has righted its ship after a near-death experience during the last recession.
Thanks to sharp cost-cutting, the company has returned to profitability. And thanks to frantic debt restructuring, the NYT has also removed its creditors’ foot from its throat and bought several more years to figure out a long-term plan.
Politico reports on The Blaze:
The Huffington Post isn’t the only persona-based news aggregation site that can poach talent from the mainstream media.
Glenn Beck’s website, The Blaze, has hired syndicated columnist David Harsanyi away from The Denver Post, POLITICO has learned.
A press release from McClatchy:
The McClatchy Company (NYSE:MNI – News) today reported a net loss in the first quarter of 2011 of $2.0 million or 2 cents per share. In the first quarter of 2010 the company reported a net loss from continuing operations of $2.0 million, or 2 cents per share, and total net income including discontinued operations of $2.2 million or 3 cents per share.
Joseph P. Kahn reports on Frontline:
In its 28 years on air, “Frontline’’ has broadcast more than 500 documentaries and won a slew of awards for investigative reporting. But change is in the air at the Brighton offices of the national award-winning public affairs show.
Jeff Jarvis examines the harsh realities for the newspaper industry:
Jeff Jarvis says cutting costs will reduce product quality and value, which will further reduce circulation. “A vicious, unstoppable cycle.” Another thought:
Rick Edmonds reports on the U.S. newspaper industry for quarter 1 of 2011:
If 2011 is to be a turnaround year financially for newspapers, business needs to pick up briskly. Returns from the first earnings reports for the first quarter are familiar and distressing — lower revenues driving lower earnings compared to the period a year ago.
Reports last week from Gannett, New York Times Co. and Media General surfaced some new problems along with the familiar ones: