Over the last few days executives at Goldman Sachs’ Communicopia have talked about a stabilizing — or even improving — advertising market.
Here’s a post from our San Francisco reporter Clare Baldwin:
Radio listeners are brooding as the world economy continues to falter, and American Public Media is rewriting its music to improve the mood.
The latest by-product of the financial crisis? Media lawsuits. More specifically: Government agencies deny or fail to respond to Freedom of Information Act (FOIA) requests by media organizations, which then sue to force the government to own up.
We made our share of waves when we reported last year that Playboy was recruiting women laid off from banking and finance jobs to pose nude in the adult entertainment magazine. The photos and accompanying article were supposed to hit in February, though we hear that it’s been pushed back to May.
I ran a story on New Year’s Eve about the opportunities and perils that could face struggling newspapers if they end up surviving because of government help. I opened the story with the tale of Connecticut state lawmakers and a state commissioner who are trying to find someone to buy two Journal Register-owned dailies and several weeklies that are going to be shut down in January if they can’t be saved. From there, I explored the ramifications of government aid to newspapers.
The largest U.S. newspaper publisher and owner of USA Today, the nation’s biggest-selling daily paper, is slashing payroll just in time for the holidays. We read about layoffs everywhere these days, but if you want to see the slow-motion car crash version of how Gannett is doing it, look to Gannett Blog, run by former company reporter Jim Hopkins.