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25 Feb 2009 22:36

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Biz: This newspaper industry quote just made us cry. :(

  • Newsrooms become like families, but companies in every industry reach a point where they face fundamental, sometimes harsh change in order to preserve their viability. We are at that point.
  • Robert Rivard • Editor of the San Antonio Express-News, in a memo to employees. The Express-News just laid off 75 people in their newsroom today. Seventy-five. Seventy-five. Seventy-five. Do I need to write it again? Seventy-five. It’s not even the only news-industry layoff today. • source
Posted by Ernie Smith • 0 Comments • Permalink

25 Feb 2009 10:54

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Biz, U.S.: More newspaper death and destruction – in San Francisco

  • The Chronicle’s screwed The San Francisco Chronicle, one of the largest papers in the country, has been bleeding money for years. It lost a modest $50 million last year. Yesterday, it told its staff that it either must cut costs significantly, including workers, or it will die. At the least, it will probably sell. source
  • The Chronicle’s screwed The San Francisco Chronicle, one of the largest papers in the country, has been bleeding money for years. It lost a modest $50 million last year. Yesterday, it told its staff that it either must cut costs significantly, including workers, or it will die. At the least, it will probably sell.
  • The industry sucks A long list of papers, including ones in major cities like Seattle and Denver, are also on death watch right now, and they may not make it through the next month, let alone the next year. Hate to say it, but Mark Andreessen is sounding more right by the day. source
Posted by Ernie Smith • 0 Comments • Permalink

24 Feb 2009 01:08

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Biz, U.S.: Dear Associated Press: This is a reeeeeallly stupid idea

  • Can I imagine content going behind a pay wall? Absolutely. And, yes, we are in conversations about that.
  • Tom Curley • The short-sighted, probably fat CEO of Associated Press who doesn’t see the big picture and wants to start charging for content. Good God, if the industry is thinking like this, maybe Marc Andreessen is onto something. • source
Posted by Ernie Smith • 2 Comments • Permalink

22 Feb 2009 23:02

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Biz, U.S.: Philadelphia Inquirer owner files for bankruptcy. Oof.

  • $390 million in debt, which they’re “restructuring” source
Posted by Ernie Smith • 0 Comments • Permalink

27 Jan 2009 18:25

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Biz, Tech: To our friends at The Printed Blog: Congrats, guys!

They actually got a first issue out the door. And it looks pretty neat. Best of luck! source
Posted by Ernie Smith • 4 Comments • Permalink

20 Jan 2009 10:11

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Biz: Are you a billionaire? Invest in the New York Times!

  • $250 million loaned to the N.Y. Times by Carlos Slim source
Posted by Ernie Smith • 0 Comments • Permalink

14 Jan 2009 13:43

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Biz: Gannett employees get unpaid vacation forced upon them

  • 5 days of furlough given to all Gannett employees, leaders on down source
Posted by Ernie Smith • 0 Comments • Permalink
 

12 Jan 2009 22:14

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Biz, U.S.: The Seattle P-I tries being frank with its audience

  • Right now, I’m determinedly positive, but I’m not completely unrealistic. The chances of the arrival of a savior are not great.
  • David McCumber • Managing editor of the Seattle Post-Intelligencer, which will likely close if it doesn’t find a buyer in the next 60 days. McCumber is starting a dialogue with the community online in an attempt to shed light on the possible shuttering of a big-city newspaper • source
Posted by Ernie Smith • 0 Comments • Permalink
 
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