Newspapers: They’re *still* dying

June 4, 2009

Moody’s debt analyst John Puchalla analyzed the state of newspapers today. Conclusion: The sun rises in the east, usually in the mornings. In other words, newspapers are still doomed.

News Corp shareholder fails to make the cut

June 4, 2009

Today’s important lesson for shareholders: If you want to try to change the way things work at News Corp, you’d better make sure your paperwork is in order.

McClatchy: What happens to a delisting deferred?

June 2, 2009

McClatchy Co is one newspaper publisher that knows how to set up a good cliffhanger.

Philadelphia papers will charge for Web news

June 2, 2009

Elton John and Bernie Taupin might have to consider rewriting “Philadelphia Freedom.”Brian Tierney, chief executive of the company that owns The Philadelphia Inquirer and Daily News, plans to begin charging for news online by the end of the year, he said in an interview with a local Fox TV affiliate.

“I think by the end of this year we’ll starting doing what a lot of other newspapers are looking at doing and charging something for it,” Tierney said. “We can’t spend $53 million on newsroom costs and give it away on the back door in terms of things. There will be a small charge for that.”

Newspapers plot survival as quietly as they can

May 28, 2009

Newspapers are in the business of making information public so readers can benefit. Newspaper publishers are in the business of revealing as little as possible unless someone springs a leak.

Murdoch says no to U.S. government newspaper bailout

May 28, 2009

News Corp Chief Executive and newspaper empire builder Rupert Murdoch showed up on the Fox Business Network (which he owns) on Thursday to talk about the future, or lack thereof, of newspapers.

Gannett watchdog will shut down his blog

May 26, 2009

Gannett watchdog Jim Hopkins has spent a lot of time and money running his blog dedicated to keeping a close eye on, and usually criticizing, the company. Not anymore. Come Oct. 1, Hopkins said on an entry on his blog on Tuesday, he will “stop active management.”Here are the relevant excerpts:

I had planned to post this on July 1, the start of the third quarter. In fairness to my more than 10,000 monthly readers, however, I’m moving up the publication date. …

Keep on rockin’ in the fee world, newspapers

May 26, 2009

It’s refreshing to read some reasoned thinking about the future of newspapers that does not come from

Help a starving business reporter

May 19, 2009

They moved your markets. Now you can move their bank accounts.

The Society of American Business Editors and Writers, or SABEW, is hosting an event┬ánext week at Columbia University’s School of Journalism to help business journalists who have lost their jobs or found themselves in other tough straits because of the biggest story on every business reporter’s beat — the financial crisis. Here is the text of the invitation:

Dow Jones cuts back on benefits

May 18, 2009

The Wall Street Journal has been making plenty of hay about its rising circulation and the growing number of people online who are using the site, but parent company News Corp is cutting costs as the whole media business suffers from the recession. To that end, here is Dow Jones Chief Executive Les Hinton’s Monday memo on some benefits cutbacks that the company is instituting.