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Sun-Times Media to cut pay for nonunion workers
Sep 09, 2009 16:44 EDT
Sun-Times Media to cut pay for nonunion workers as investor group bids for company. The Sun-Times Media Group told employees Wednesday that nonunion workers will take a steep pay cut as the publisher faces a likely takeover by a group of private investors when it comes out of bankruptcy protection.
Stories from top journalism students go nationwide
Sep 02, 2009 19:37 EDT
Project based at ASU Cronkite School lets students' digital stories hit national audience. Investigative stories produced by students from top journalism schools are being distributed to media outlets for free as part of a national project based at Arizona State University's journalism school.
Indianapolis Star union OKs contract with pay cuts
Aug 26, 2009 11:31 EDT
Indianapolis Star union ratifies 2-year contract with 10 percent pay cut. The union representing newsroom and other employees at The Indianapolis Star has ratified a two-year contract that includes a 10 percent pay cut.
U.S. employers see hires in year ahead
Aug 25, 2009 15:21 EDT
NEW YORK (Reuters) - More than half the employers in a new poll say they plan to hire full-time employees in the next 12 months, according to research released on Tuesday that could spell relief for unemployed U.S. workers.
NY newspaper cutting 50 news jobs, redefining rest
Aug 13, 2009 17:55 EDT
At NY newspaper, 50 news jobs cut; entire staff can apply for 'redefined' jobs. A suburban Gannett Co. newspaper is cutting more than a quarter of its news jobs, redefining the remaining positions and allowing all newsroom employees to compete for them.
NY newspaper cutting 50 news jobs, redefining rest
Aug 13, 2009 17:51 EDT
At NY newspaper, 50 news jobs are cut, entire staff can apply for 'redefined' jobs. A suburban Gannett Co. newspaper is cutting more than a quarter of its news jobs, redefining the remaining positions and allowing all newsroom employees to compete for them.
Utah paper rejects same-sex wedding announcement
Aug 13, 2009 15:34 EDT
Southern Utah newspaper rejects gay couple's wedding announcement, cites legal marriage policy. A southern Utah newspaper has rejected a gay California couple's wedding announcement, saying its policy is to publish announcements only for marriages legal under Utah law.
Thawing Ad Environment Boosts Media
Aug 07, 2009 18:02 EDT
Media stocks have recently posted some unusual moves.
Thawing Ad Environment Boosts Media
Aug 07, 2009 11:28 EDT
Media stocks have recently posted some unusual moves.
US media giants press court to allow J.D. Salinger spin-off
Aug 06, 2009 20:00 EDT
The New York Times and other leading US media outlets joined forces Friday in urging a court to overturn a US ban on an unauthorized sequel to J.D. Salinger's classic novel "Catcher in the Rye."
Washington Post books profit despite ad declines
Jul 31, 2009 17:01 EDT
Washington Post Co. reports 2Q profit as education, cable TV bolster revenue. The Washington Post Co. turned a profit in the second quarter, reversing a year-earlier loss as growth in its education and cable TV divisions helped offset declines in newspaper, magazine and broadcast revenue. The company's shares surged.
Cost cuts yield 2Q profit for New York Times Co.
Jul 23, 2009 18:23 EDT
Cost cuts help New York Times Co. report unexpected profit in 2Q despite dramatic ad decline. The New York Times Co. produced an unexpected second-quarter profit from dogged cost cutting, becoming the latest publisher to show that newspapers can still make money even when their main source of revenue is sinking.
New York Times profit rises, studies Web access charge
Jul 23, 2009 16:58 EDT
NEW YORK (Reuters) - The New York Times reported higher quarterly profit on cost cuts on Thursday, beating forecasts, but advertising revenue fell 30 percent and a recovery for U.S. newspaper publishers still looks a long way off.
New York Times profit rises, ad sales slide
Jul 23, 2009 12:34 EDT
NEW YORK (Reuters) - New York Times Co <NYT.N> reported higher quarterly profit on cost cuts on Thursday, beating forecasts, but advertising revenue fell 30 percent and a recovery for U.S. newspaper publishers still looks a long way off.
Media General reports 2Q profit
Jul 22, 2009 18:11 EDT
Media General reports 2nd-quarter profit; ad revenue in publishing drops 26 percent. Newspaper publisher and TV station owner Media General Inc. said Wednesday that cost cutting helped deliver a profitable second quarter despite tumbling ad revenue.
New e-book reader to use AT&T network
Jul 22, 2009 00:50 EDT
More books in more places: New e-book reader to use AT&T network, imitating Amazon's Kindle. Following in the footsteps of Amazon.com Inc.'s Kindle, another e-book reader is set to get a wireless connection from a cellular carrier, letting it access books anywhere there's a signal.
McClatchy cost cutting yields surprising 2Q profit
Jul 21, 2009 15:00 EDT
McClatchy 2Q profit more than doubles as payroll purge offsets another big drop in ad sales. McClatchy Co.'s second-quarter profit more than doubled as a cost-costing spree that wiped out one-third of the newspaper publisher's staff offset the loss of more advertisers and subscribers.
Earnings preview: Loss anticipated in McClatchy 2Q
Jul 20, 2009 13:25 EDT
McClatchy expected to post second-quarter loss as newspaper advertising woes persist. Newspaper publisher McClatchy Co. is scheduled to report its second-quarter results before the stock market opens Tuesday. The following is a summary of key developments and analyst opinion related to the period.
ALL BUSINESS: Joblessness threatens US recovery
Jul 18, 2009 00:00 EDT
ALL BUSINESS: Troubled labor market threatens a significant turnaround in US economy. All the talk about a "jobless recovery" being ahead for the economy misses the point. There won't be much of a recovery at all if the labor market stays in such dire straits.
Gannett shares jolted by possible ease in ad slump
Jul 15, 2009 17:02 EDT
A wisp of hope: Gannett's 2Q profit tops analyst views, management sees less ad erosion. Gannett Co., the largest U.S. newspaper publisher, used sharp cost cuts to deliver a higher-than-expected second-quarter profit Wednesday and offered a wisp of hope that the industry's advertising drought may be subsiding.
