Monthly Archives: September 2011

‘Washington Post Costs Investors 71% Forgoing Breakup: Real M&A’

Brett Pulley reports on The Washington Post Company: 

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Washington Post Co. risks costing shareholders a 71 percent gain by keeping together its 134-year- old newspaper, Kaplan education business and broadcast and cable operations.

Continue reading:

http://www.businessweek.com/news/2011-09-29/washington-post-costs-investors-71-forgoing-breakup-real-m-a.html

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‘Tribune Co. Creditors Seek to Let ‘Small Fish’ Off Hook’

Michael Oneal reports on the Tribune Co.: 

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Tribune Co. creditors seeking to claw back hundreds of millions in payments made to around 200 current and former Tribune Co. managers and directors has petitioned to let a tiny subset of those defendants off the hook.

Continue reading:

http://articles.chicagotribune.com/2011-09-26/business/chi-tribune-co-creditors-seek-to-let-small-fish-off-hook-20110926_1_unsecured-creditors-payments-chicago-based-media-conglomerate

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‘WSJ.com Begins Tracking Personal User Information Without Consent’

Jeff Sonderman reports on The Wall Street Journal: 

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The Wall Street Journal has revised the privacy policy for WSJ.com to permit the site to connect a user’s Web browsing data with personally identifiable information without consent.

Continue reading:

http://www.poynter.org/latest-news/romenesko/147500/wsj-com-begins-tracking-personal-user-information-without-consent/

 

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Layoffs Ahead at Bangor Daily News in Maine

An update on The Bangor Daily News (Maine): 

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The Bangor Daily News is offering voluntary buyouts for up to 30 employees, with the possibility of layoffs later.

Continue reading:

http://www.chron.com/news/article/Bangor-Maine-newspaper-offers-buyouts-2188140.php

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U.S. Newspaper Industry Stats 2011

Zacks Investment Research, Inc. reports on major U.S. newspaper companies for 2011:

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According to the data released by the Newspaper Association of America, total advertising revenue for U.S. newspapers slipped 6.9% in second-quarter 2011 (April to June) to $5.99 billion, after falling 7% in the previous quarter, marking the 20th consecutive quarter of decline. The last time the Industry witnessed an increase in revenue was in the second quarter of 2006.

Continue reading:

http://www.sacbee.com/2011/09/28/3944951/zacks-industry-outlook-highlights.html

 

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‘Newspaper Information ‘Gatekeepers’ Are Irrelevant’

Arragon Perrone examines the role of the newspaper:

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All the News That’s Fit to Print,” reads The New York Times’ motto. These words entertain an antiquated, idealistic notion about the newspaper industry: nationwide, reporters assemble news as a benevolent service to the uneducated masses, who lack the intellectual fiber to filter the important from the unimportant.

Continue reading:

http://www.dailycampus.com/commentary/newspaper-information-gatekeepers-are-irrelevant-1.2607536

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‘Flailing Newspaper Economy Takes Experience Down With It’

PATRICK EMERSON reports on the U.S. newspaper industry:

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It has been a while since I lamented the decline of the newspaper industry, or more precisely, the decline of quality investigative journalism.  So let me dive in once more.

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