Nine Questions: Rupert’s Dollar Sale, Self-Service Ad Revolution, the California Watch Model and JO’s Tech Friends

Charging for non-desktop/laptop access should be a new revenue stream for news publishers. The math, though, isn't huge. Who is most likely to pay for Journal mobile? Presumably it's online subscribers, of whom there are about a million. So $12 a year, if all of them signed up, would be $12 ...

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Tribune Bankruptcy Tops List of Newspaper Stress

Important Details: If December 21st is the darkest day of the year in the Northern Hemisphere, it looks like it is arriving early. The week’s news in the US newspaper industry has cast a pall, as newspapers gird for a first half of 2009 that makes their 2008 look relatively good. And that ...

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Tribune’s Descent Sends New Shock Waves

* We've learned that Zell isn't too good with math. He told Portfolio's Joanne Lipman just last month that: "When we looked at the historical numbers, we saw an average erosion of about 3 percent. At the time we underwrote the transaction, we used a 6 percent erosion." But look at Tribune's 4Q, ...

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Rocky Mountain News “Sale” Shows Peril of Crossing Profit Line

As daily newspapers become less than daily — witness the East Valley Tribune's move into the world of four-day-a-week dailiness in January — why would we expect a metro area to support two daily newspapers? Against that backdrop, Scripps' announcement that it is ...

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Centro Buys Real Cities, Emphasizing Online-Only Sales Importance

Important Details:  Centro, which has become a major supplier of national online-only advertising revenue to US news websites, has bought the Real Cities national ad network from McClatchy. The price of the transaction was not disclosed. The acquisition reinforces Chicago-based Centro’s ...

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Tribune’s 2Q: Three Numbers Stand Out

There’s little intrigue in Tribune’s second quarter earnings announcement. As the company says, "Our publishing results are, for the most part, in line with industry trends, which remain consistent with what we reported in the first quarter." Such consistency, ...

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Tribune Applies New Formula to Print Business

Important Details: As soon as entrepreneur Sam Zell closed on the Tribune Company transaction, taking the third largest US news publisher private at the end of 2007, he promised new thinking applied to old newspaper problems. Zell has sold one major Tribune asset – Newsday – to ...

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Newsday Sale Shows New Value Equation

Important Details: A bidding war for a daily newspaper? That headline has surprised many observers over the last several weeks, as three serious bidders push up the price of Newsday, the Long Island-based New York daily that the Tribune company has put on the block. The top bid is now ...

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Tribune Auction Shows Newspaper Valuations Are Sliding Quickly

Important Details: The Tribune Company’s board meets Saturday (Jan. 20) to assess bids for the company. After a four-month auction, it looks like that board is in for a long weekend as three disparate bids, all received at the deadline, show just how tricky – and low – ...

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Troubles Tower Over Tribune

Important Details: The Tribune’s annual meeting, held on May 2, at first seemed unexceptional. CEO Dennis FitzSimons acknowledged that the company’s revenues and share price were troublesome, but said he was buoyed by the growth of the company’s Internet businesses ...

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