According to MarketWatch Banc of America Securities cut its rating on The New York Times Company from "neutral" to "sell". It moved its price target from $21 to $14. What an insult.…
Douglas A. McIntyre The Washington Post Company (WPO) and New York Times (NYT) have been posting very different numbers in their online businesses. While the NYT figures show that its internet operations could offset its…
Douglas A. McIntyre Gannett (GCI) is the largest newspaper chain in the US and its prized property, USA Today, is the largest paper by total circulation. It is a bad sign then that such a…
Rupert Murdoch, head of News Corp (NWS) told Reuters that the tough economy is not hurting his company in the current quarter. Good news for his shareholders. But, the most important thing…
Those who believe that the newspaper industry is going the way of the Dodo and buggy whip and can’t conceive that enhanced online versions of papers can ever do especially wellought to…
Donald Graham, CEO of The Washington Post Company (WPO) made this comment to Fortune last summer: "If Internet advertising revenues don’t continue to grow fast," he says, "I think the future of…
Douglas A. McIntyre Accoriding to Reuters, Sony (SNE) will launch a cheaper version of its PS3 in the US in hopes of taking market share from Microsoft (MSFT) and Nintendo. Reuters writes that British Air…
Shares in Cablevision (CVC) and The New York Times (NYT) are both off about 3% today. Cablevision’s shares are down because its large shareholders don’t want the company sold. The Times is…
Gannett (GCI) announced Q3 results today along with details on revenue for September. Total operating revenues for the company were $1.81 billion in the third quarter compared to $1.88 billion in the…
McClatchy (MNI) has just ended its investor conference call for the third quarter results. In the discussion of paying down debt, there was talk of selling land in Miami and a tax…
The New York Times (NYT) is launching a new blog called "The Board" which will run on NYTimes.com. According to the company the blog will be written by members of The New…
Douglas A. McIntyre Major newspaper groups will report their September revenues within the next several days. The market does not seem to be anticipating much in terms of good news. The New York Times (NYT)…
SeekingAlpha, the big financial commentary and blog site, syndicates its content at a number of other large web properties with Yahoo! (YHOO) Finance and Reuters.com (RTRSY) probably being the largest. There has…
There has been a great deal of discussion about the WSJ Online becoming a free website, supported by advertising. A move of this kind is likely to hurt companies like The New…
Douglas A. McIntyre The name brand blogs. The big ones. Huffington. TechCrunch. GigaOm. Boing Boing. Ars Technica. SeekingAlpha. AOL has already bought Weblogsinc. It owns popular blogs including flagship Engadget. But, with the internet operations…
