Monthly Archives: April 2012

‘Media General continues to struggle with print revenue losses, debt restructuring’

Rick Edmonds reports on Media General:

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Media General reported first quarter results today with big continuing problems outweighing a strong performance by its broadcast unit.

Continue reading:

http://www.poynter.org/latest-news/business-news/the-biz-blog/170407/media-general-continues-to-struggle-with-print-revenue-losses-debt-restructuring/

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‘Lee Reports Lousy Quarter’

Jim Romenesko reports on Lee Enterprises:

Just three weeks ago it was announced that Lee Enterprises CEO Mary Junck received a $500,000 bonus for …well, who knows what? … while her longtime sidekick, CFO Carl Schmidt, was handed $250,000. Today we get news the Mary and Carl didn’t do so well the last quarter. Some highlights today’s Lee Enterprises Q2 earnings report:
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‘Gannett’s poor 1st quarter results bode ill for newspapers in 2012’

Rick Edmonds reports on Gannett:

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Gannett is the first newspaper organization to report earnings this year, but the results were not appreciably better than the bleak patterns of 2011.

Continue reading:

http://www.poynter.org/latest-news/business-news/the-biz-blog/170401/gannetts-poor-1st-quarter-results-bode-ill-for-newspapers-in-2012/

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‘News Corp. To Face Phone Hacking Lawsuits In The U.S.: Lawyer Mark Lewis’

An update on News Corp.:

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News Corp. will face three phone hacking-related legal battles in the U.S., according to hacking victims lawyer Mark Lewis.

Continue reading:

http://www.huffingtonpost.com/2012/04/12/news-corp-phone-hacking-lawsuits-us-mark-lewis_n_1420457.html?ref=media

 

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‘How the Texas Tribune is making $5K a month from Google microsurveys’

Sarah Marshall reports on Google microsurveys:

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Two weeks ago Google announced that it had partnered with a group of US publishers to launch microsurveys.
Publishers display a single question and in return they get paid by the market researchers seeking data.

Continue reading:

http://www.journalism.co.uk/news-features/how-the-texas-tribune-is-making-5k-a-month-from-google-microsurveys/s5/a548733/

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‘72% of Americans follow local news closely’

Carolyn Miller, Kristen Purcell, and Tom Rosenstiel report on local news consumption:

https://fittoprintfilm.files.wordpress.com/2012/04/image3dlocalnews.jpg?w=300

Nearly three quarters (72%) of adults are quite attached to following local news and information, and local newspapers are by far the source they rely on for much of the local information they need.

Continue reading:

http://www.pewinternet.org/Reports/2012/Local-news-enthusiasts/Summary-of-Findings.aspx

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‘Since when does tanking a company rate a bonus?’

Jim Romenesko reports on Lee Enterprises:

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In late March, Lee Enterprises CEO Mary Junck and CFO Carl Schmidt were given six-figure bonuses for refinancing the newspaper chain’s considerable debt. At the same time, Lee was laying off journalists at several of its papers. On Thursday, St. Louis Post-Dispatch employees are protesting the company’s actions at what’s been billed a “Let Them Eat Cake” event. Here is the union’s notice:

Continue reading:

http://jimromenesko.com/2012/04/11/st-louis-journalists-to-protest-execs-bonuses/

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