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Tag Archives: Newspapers
New York Times: “Junk” or Barely Above
This is an assessment of its creditworthiness, not the trustworthiness of its political campaign coverage, but note this report: The New York Times Co. reported a steep drop in third-quarter profits on Thursday, the latest gloomy earnings report in an industry battered by online competition and falling print advertising revenue. The New York Times Co. [...]
Posted in advertising, News Media Also tagged advertising, Junk Bonds, New York Times, Revenue Leave a comment
BuzzMachine: Covering conventions is a waste
As usual, Jeff Jarvis nails it in his take on the number of journalists covering the major party national conventions: Forbes.com reports that the number of journalists covering the conventions this fall will remain at the same level as 2004 and 2000: 15,000 of them. What a waste. The outcome of the conventions is known. [...]
Posted in News Media Also tagged Conventions, Democrats, Jeff Jarvis, Politics, Republicans Leave a comment
The Black Magic of Compounded Newspaper Losses
It hasn’t been a good decade for newspapers, but the last month has been especially bad. See Howard Kurtz’s late-May column about the more than 100 Washington Post journalists taking buyouts. Sam Zell is cutting 500 pages of news per week from his 12 Tribune Company papers, moving to a 50/50 split of advertising and [...]
Posted in News Media Also tagged advertising, Circulation, Clay Shirky, New York Times, Revenue, Star Tribune, Washington Post Leave a comment
Social Media Disruptive Innovation
Like Big Dan Teague the Bible salesman in one of my all-time favorite movies, Gary the church directory peddler showed an unexpected side in his comment today on this post, in which I had explored the idea of using a Facebook group as an alternative to a printed church directory: You stupid p*$#k. The money [...]
Bankrupt Star Tribune