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09 Mar 2010 21:20

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Biz: Tribune Corp. takes the Clear Channel approach to content

  • We blame Lee Abrams, right. Our friends at the Newport News, Va. Daily Press got some awful news this week, when they found out that much of their paper’s copy-editing and design facilities would be outsourced to the Tribune Corp. mothership in Chicago. 10 percent of their newsroom staff will get laid off as a result of this. Lee Abrams, above, is responsible for starting something similar with the radio industry. So, here’s a brief explanation of what’s up with the Daily Press:
  • Tribune is bankrupt The iconic media company, which owns the Chicago Tribune, the Baltimore Sun, the Hartford Courant and a ton of other major regional newspapers, is trying to cut costs whereever they can. So as a result, they’re trying to outsource where they can.
  • slippery slope Tribune has already been down this road with many of their papers – they started doing a modular system for many of the inside pages of their papers last year. The result of what’s happening to the Daily Press is something of an extreme case of the process.
  • Abrams is the point guy As the Chief Innovation Officer of Tribune, many of these changes happened due to his influence. He’s done this before. He invented the tools used to eventually turn radio into a soulless wasteland. Sure, he has XM under his belt, but his story’s already been written.

Turning news into Clear Channel

  • This is a model that, particularly in smaller markets, although I can see it in larger markets as well, can change the economics of the newspaper business the same way Clear Channel changed the economics of … the radio business.
  • Daily Press President and Chief Executive Digby Solomon • Regarding the changes, which are in the midst of taking hold. Many of the employees who followed Sam Zell to Tribune used to work for Clear Channel, which should give you an idea of what the company is trying to do. It’s everything you hate about radio, in newspaper form. Great. Hope you guys don’t succeed at sucking the life out of news. source

11 Aug 2009 20:05

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Biz: All that bad karma catches up to Clear Channel in a big way

  • $3.7 billion in losses for the reason why radio sucks source

05 Feb 2009 10:12

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Music: Live Nation and Ticketmaster want to merge? The Boss isn’t a fan.

  • The proposal Ticketmaster, which handles ticket sales at venues across the country, and Live Nation, a spin-off of Clear Channel that promotes and produces live shows and has recently gotten into the artist management business, want to merge, sources say. As both businesses cover much of the live music industry, the merger would face antitrust scrutiny.
  • The concern Fans are not very happy about this idea, largely due to Ticketmaster’s history of shady practices and overcharging. Ticketmaster convenience fees can significantly increase the price of a concert ticket. If Live Nation, which has recently gotten into the ticket-distribution business itself, remained a competitor, they could help lower prices by increasing competition.
  • Bruce weighs inBruce Springsteen, who has a long history of railing against corporate greed, weighed in with a note on his Web site. In it, he stated that “the one thing that would make the current ticket situation even worse for the fan than it is now would be Ticketmaster and Live Nation coming up with a single system.” source