The head of the CBSNews.com division of CBS (CBS) is leaving to become CEO of big news and comment blog Huffington Post. Huffington has 3.5 million unique visitors per month and is…
Douglas A. McIntyre GM (GM) cut advertising 28% in the first half of the year. The FT writes that Nielsen Monitor reports "overall spending in the first half of the year fell by 0.5 per…
Douglas A. McIntyre The New York Times (NYT) killed its online paid content section–Times Select. The service has 227,000 subscribers and brought in about $10 million a year, at a company that has well over…
Douglas A. McIntyre Shares of The New York Times Company (NYT) are off as much as 2.5% today to a 52-week low on another analyst downgrade. Merrill Lynch cut the shares to "sell" from "neutral."…
Alcatel-Lucent (ALU) Telecom equipment merger has become train wreck. Drops to $8.96 from 52-week high of $15.43. Nortel (NT) Down in sympathy with ALU. Falls to $16.32 from 52-week high of $31.79.…
Douglas A. McIntyre There was some good news for The New York Times Company (NYT) in August. Online revenue at its newspapers grew 28.2%. But, its overall audience was 44.2 million unique visitors in the…
Douglas A. McIntyre King Pharmaceuticals (KG) One of the company’s patents found to be invalid. Down to $12.59 from 52-week high of $22.25. Korn Ferry (KFY) Earnings and employment outlook not doing executive search firm…
Newspapers companies have hoped against hope that the rapid fall of their print advertising would level out or at least decelerate. But, for the large companies like Gannett (GCI) and The New…
When MySpace "founder" Brad Greenspan tried to buy Dow Jones (DJ) he suggested that the company could start a competitor to Yahoo! (YHOO) Finance. In his letter to the DJ board, he…
Shares sold short in The New York Times Company (NYT) were just below 16 million against daily trading volume in the company’s "A" share of 1.158 million. That means that the number…
Douglas A. McIntyre Shares of Tribune Corp. (NYSE:TRB) are trading up higher by about 3% today after shareholders approved the transaction with Same Zell. That was not really a question. If you were in a…
The New York Times Company (NYT) has done poorly in the stock market over the last couple of years. That does not make it different from any other large newspaper chain. But,…
Douglas A. McIntyre Below are the top 10 US newspaper websites based on Nielsen NetRatings figures for July. Several are owned by public companies including The New York Times (NYT), Gannett (GCI), Washington Post (WPO),…
From Silicon Valley Insider It’s easy to say that the New York Times (NYT) and other newspaper companies are screwed, but sometimes it helps to actually run the numbers. Do you know…
Douglas A. McIntyre Rupert Murdoch, head of News Corp (NWS), has spoken about some of his plans for The Wall Street Journal. At least one of his ideas could do severe damage to two companies…
