newspapers

New York Times Results Warn of Deepening Newspaper Industry Trouble

Posted: November 7, 2019 at 6:20 am

Wall Street traders sold New York Times Co. (NYSE: NYT) shares down sharply after it posted its quarterly results, primarily because of a drop in digital advertising that has been ...
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A Quarter of America’s Big Newspapers Cut Staff Last Year

Posted: August 1, 2019 at 9:35 am

Newspaper publishers continue to hope for a break in the plunge of their revenue. Based on information from publicly traded newspaper chains, revenue dropped at a rate that approached 10% ...
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Over 2000 American Newspapers Have Closed in Past 15 Years

Posted: July 23, 2019 at 9:32 am

The newspaper industry has continued its relentless downward spiral, which started with the advent of the internet and accelerated during the Great Recession. The pace of the decline has not ...
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This Famous Newspaper Will Fire Its Entire Staff

Posted: July 13, 2019 at 8:45 am

Call it part of the implosion of the American newspaper industry. A 126-year-old, Pulitzer Prize-winning daily newspaper will lay off its entire staff as it changes ownership. It is one ...
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Newspaper Newsroom Employment Dropped by Almost Half in Past Decade

Posted: July 10, 2019 at 8:35 am

As more and more newspapers close, and others cut staff to the point where they cannot be effective at the examination and reporting of local events and politics, the industry's ...
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Another of America’s Oldest Newspapers Shuts Down

Posted: July 1, 2019 at 12:29 pm

The list of daily newspapers that have shut down grows more rapidly by the year, not to mention those that have had massive layoffs. Today, another of America's oldest dailies, ...
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Another American Newspaper Lays Off 100% of Its Staff

Posted: May 24, 2019 at 7:30 am

Less than a month after the storied New Orleans Times-Picayune laid off all 161 members of its staff, another paper has done the same. The Reading Eagle, which was just ...
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Future of American Press Get Boost as Gannett Board Stays in Place

Posted: May 16, 2019 at 6:20 am

Apparently, the board of America's largest newspaper chain, Gannett Co Inc. (NYSE: GCI), will be reelected at the company annual meeting. Another newspaper chain, Digital First Media, had pressed its ...
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A Major Newspaper Fires Its Entire Staff

Posted: May 6, 2019 at 6:15 am

The Times-Picayune, the primary newspaper in New Orleans, was founded in 1837. It was just announced that it had been sold to its major rival. The deal will result in ...
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America’s Newspapers Brace for Another 5% to 10% Revenue Drop

Posted: March 28, 2019 at 6:31 am

The drop in revenue at most large and midsized metro newspapers will continue this year. Based on data publicly available, most papers in these segments had sales erosion of 5% ...
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Another Chapter in the Continuing Story: Will Local Newspapers Survive?

Posted: March 27, 2019 at 1:20 pm

It shouldn't come as any surprise by now that TV and online news sources have absolutely pummeled the newspaper business. The latest insult added to the already numerous injuries is ...
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McClatchy and Tribune Could Merge, Hundreds of Jobs at Risk

Posted: February 18, 2019 at 7:27 am
Last updated: February 19, 2019 6:34 am

The New York Post reports that there may be a marriage of two of America's largest newspapers chains. McClatchy Co. (NYSE: MNI) has retained a banker, the report says, in ...
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In Another Blow to Newspaper Industry, Buffett’s Hometown Paper Gets Gutted

Posted: August 28, 2018 at 6:35 am

When Warren Buffett got into the newspaper business in a big way, there was a hope it was a sign the future of the industry had brightened. Buffett's hometown paper, ...
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5 Most Important Things in Business Today

Posted: August 22, 2018 at 5:09 am

Uber has added a chief financial officer. According to The Wall Street Journal: Uber Technologies Inc. picked a finance chief who is well-versed in the IPO process, strengthening and stabilizing ...
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6 Most Important Things in Business Today

Posted: August 10, 2018 at 5:17 am

The housing market has started to falter. According to MarketWatch: The housing market hit a sudden and “significant” slowdown in the past few weeks that could continue in coming months, ...
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