April 27, 2024
In five languages (English, Mandarin, Korean, Spanish, Portuguese and Russian) and two U.S. printing, “Newsonomics: Twelve Trends That Will Shape the News You Get” is the first Ken Doctor book. Sign up here for notice of the new Newsonomics Readers.
While the San Diego News Network (Chris Jennewein's new hangout) is hardly a commercial threat yet in San Diego, the cratering of the Union-Tribune -- a one-time employer of 1422 people that will soon be paying only 572 -- leads to this question, in San Diego and elsewhere: How big a ...
Read MoreHard as it may be to believe, we may have entered a new rocky period for newspaper companies. It would be a period in which the real estate on which they sit determines their market value. Consequently, their real estate value may determine who wants to sell the newspaper property and who wants ...
Read MoreWant to know how likely it is that Cablevision's new charge-for-Newsday-online will work? A few rational arguments to follow, but consider this number: The average unique visitor on Newsday.com spends four minutes, 25 seconds per month on the site. Ouch. That number can sub for lots of focus ...
Read MoreBuying time, though, is what everyone in the newspaper industry is doing. The New York Times did it today as well, mortgaging its landmark building for $225 million. Scripps is doing it by "selling'' the Rocky Mountain News. All the companies are doing it as they refinance their businesses with ...
Read More* 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, ...
Read MoreI'm assuming Gannett, good operator that it is, real does have a handle on how much of its business is really digital and how much legacy, print or broadcast. But I'm not sure. In addition, it's clear that many newspaper companies as they bundle, unbundle and re-bundle legacy and digital ...
Read MoreThere’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, ...
Read MoreIt’s time for second-quarter newspaper earnings reports, with Gannett leading off Wednesday, with the long tale of woe to follow. Given the many newspaper staff cutbacks, which I thought might include the investor relations people, I’ve put together a few boilerplate remarks that I ...
Read MoreIs the L.A. Times the new ground zero of newspaper staff cuts and frightsizing? Los Angelenos, of which I am one by nativity but not choice, may think so, imagining L.A. as the center of everybody’s universe. It’s not, of course, but the saga of the Times has been one of the more ...
Read MoreThe news is out: Newspaper companies can no longer afford reporters and editors. Today’s L.A. Times announcement is the latest to catch a news cycle of public attention. As well it should. A 17% cut — 150 newsroom jobs — is an unnatural disaster. It’s the kind of news ...
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