Follow Newsonomics on Twitter @kdoctor First published at the Harvard Nieman Journalism Lab Sometimes, you see the train wreck coming. Tony Ridder, the last CEO of Knight Ridder, saw the classifieds pileup ahead and would talk about it in our company meetings by the mid-’90s: the ...
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The Tribune Company owns eight newspapers, six of them metros. Two — the Los Angeles Times and Chicago Tribune — are in top 10 of U.S. dailies; five — adding in the Orlando Sentinel, South Florida Sun-Sentinel, and Baltimore Sun — are in the top 40, while the Hartford Courant ranks 60th. Their ...
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The deep freeze in the U.S. newspaper market thawed a bit over the last couple of weeks. There really hasn't been much of a market for metro newspapers for almost half a decade. With advertising revenue down now 21 quarters in a row, it's near-impossible to fix a value on newspaper properties. ...
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Brisbane has learned from personal experience that prior standing is no promise of survival. Knight Ridder [for whom I worked for 21 years] reigned as the #2 journalism company in revenue size in the U.S. for years, and distinguished itself journalistically. Yet, in 2006, it hit a wall, as ...
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Philly's next re-do -- maybe it will catch the recovery wind at its back this time -- won't happen in isolation. Down the road, in D.C., it'll be able to watch Allbritton's TBD start-up experiment, beginning in June. The first lesson: Figuring out how to serve substantial top-flight journalism ...
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In fact, if you parse the numbers, overall ad spend in the U.S. would have been up in 2009 – a year wracked by near Depression that saw print and broadcast advertising drop by 20% and more. Online classifieds lost $920 million year over year; overall digital ad spend was down about $700 million.
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Search advertising does have an impact on newspaper companies. Most consortium members take Yahoo search and paid search, both services that would be replaced by Microsoft's new Bing and related products. The newspapers' paid search deal with Yahoo has provided a steady, if small, revenue ...
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The signs violate many parts of the city’s sign ordinance, but Hygelund says the city was coerced into allowing the signs when Knight Ridder came to town years ago.
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Out of many memorable quotes from my Knight Ridder days, one keeps bouncing back to me. It came of the company’s mess in Detroit. Knight Ridder had long run the Detroit Free Press, one of the country’s liveliest, most readable papers. But it fell afoul of Detroit’s tough ...
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