Ben Smith and Dylan Byers report on the New York Times:
Four days after disgruntled New York Times staffers sent an open letter of frustration to publisher Arthur Sulzberger Jr., the “Save Our Times” campaign had amassed 270 signatures in protest of the Times’s decision to freeze some employees’ pension plans, per the initial report from Huffington Post’s Michael Calderone. Two days later (as of this writing) they’re just short of 400 signatures.
An update on the Tribune Co.:
Tribune Co.’s long-running sojourn in bankruptcy shows no sign of ending soon.
A federal judge said in a ruling Thursday that he wouldn’t hold a hearing on plans to end the three-year bankruptcy until May at the earliest. Tribune had been hoping to resolve the case in the next few months.
Adam Clark Estes reports on the New York Times:
‘Layoff’ is an understandably dirty word around The New York Times newsroom(s) these days. As the company prepares to finalize the sale of its Regional Media Group to Halifax Media Holdings this week, both The New York Times Company and Halifax are tip-toeing around using the six-letter word to describe what could soon happen to a bunch of journalists.
An update on the U.S. newspaper industry:
Traders rarely make mistakes as bad as the one they made when they pushed newspaper stocks higher early in the year.
Michael Calderone reports on the New York Times:
New York Times staffers unhappy with management are letting publisher Arthur Sulzberger Jr. know it. In recent days, more than 270 current and former Times employees have signed an open letter expressing their “profound dismay” with recent company decisions.
Julie Moos reports on the New York Times Company:
Halifax Media is buying 16 newspapers from The New York Times in a deal that is expected to close within the next few weeks. The Times acknowledged the likely sale last week after Halifax prematurely published the newspapers’ names on its website, in a list of properties it owned.
Edmund Lee reports on the New York Times:
New York Times Co. (NYT) contacted union leaders about restarting contract negotiations a day after the publisher announced last week the retirement of Chief Executive Officer Janet Robinson, according to the local Newspaper Guild.