Wall Street Journal finds friend in Chicago

March 10, 2009

…And we’re not talking about Tribune Chief Executive Sam Zell. We Mean Coleen Davison, private citizen, and resident of Chicago, Illinois.

Online ads, creatively in your face

March 10, 2009

The Online Publishers Association got a bunch of Web publishers (including Reuters) to agree to test a new series of ad formats that it says will “stimulate a renaissance of creative advertising on the Internet.”

More work, same pay at New York Post

March 10, 2009

New York Post newsroom staff are grumbling about a new work rule that essentially pays them the same amount of money, but for more work.

Moody’s Bottom Rung – media edition

March 10, 2009

Moody’s published its “U.S. Bottom Rung” on Tuesday a list of companies that the corporate credit ratings agency thinks are at most risk of defaulting on their debt. There are 283 companies on the list, which is current as of March 1, including some near and dear names for people who love the media business.

Tough times force ASNE to cancel convention

February 27, 2009

The only kind of party that most U.S. newspapers are having these days is a funeral party. This week alone we have seen:

Happy trails, Rocky Mountain News

February 26, 2009

EW Scripps Co’s decision to shut down Denver’s Rocky Mountain News as of Friday offers an interesting lesson about the value of news.

Thomson Reuters CEO: No paper, please

February 25, 2009

Thomson Reuters Corp, the company that employs me and runs this blog, posted fourth-quarter financial results on Tuesday. My colleague and I wrote them up for the wire, and you can see them here. Meanwhile, here’s something that didn’t make it in to the story that we wanted to share.

Murdoch daughter disses dad

February 25, 2009

Courtesy of Richard Siklos, Fortune’s media writer extraordinaire, who just posted this on the website on Tuesday:

Chernin parachutes, Murdoch keeps flying

February 25, 2009

News Corp President and Chief Operating Officer Peter Chernin’s perks after he leaves News Corp at the end of June are basic compared with some legendary golden parachutes, though they’re still worth more money than I make in a year. Or 10 years for that matter.

Baltimore Sun feels Tribune cost cuts

February 17, 2009

Suburban bureau reporters at The Sun in Baltimore, Maryland, are about to learn the true meaning of the word “mobile.” The Tribune Co-owned paper is shutting down the last of its three suburban bureaus and bringing their reporters back to the main newsroom in Baltimore proper, sources told MediaFile on Tuesday.