Gannett announced today it has acquired Ripple6, a social media provider that currently powers Gannett's MomsLikeMe sites. The New York-based company will become a wholly owned subsidiary of Gannett.[...]
For the second consecutive day, a credit ratings agency on Tuesday downgraded the debt incurred by Gannett Co. Inc. And once more, the agency said it believes the dropping revenue and cash flow at the nation's largest newspaper company is likely to accelerate.[...]
Gannett's Poughkeepsie (N.Y.) Journal reports today that beginning Jan. 5, it will be printed at its sister paper to the south, The Journal News, in White Plains. The move will cost approximately 45 full- and part-time pressroom and mailroom jobs[...]
With the first quarter that has EW Scripps (NYSE: SSP) reporting as a separate company from Scripps Interactive (NYSE: SNI), the newspaper/broadcaster said it will suspend its dividend payment to give it more flexibility as economic conditions worsen. As for Q3 results, EW Scripps swung to a loss from continuing [...]
In the newest edition of the "Fitz & Jen Give You the Business" podcast: Who says there's a lack of interest from investors in newspaper stocks?[...]
Gannett Chairman, President and CEO Craig Dubow -- saying he wants to share in the ¿deep sacrifices¿ of employees of the nation¿s largest newspaper company -- announced late Monday he is taking a voluntary salary cut of $200,000 from now through 2009.[...]
NewTeeVee |
November 3rd, 2008 |
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Yahoo announced today that it is shutting down its Yahoo Live live-streaming service less than a year after its launch. From the Y! Live blog: So it is with great sadness that I share the news that Yahoo! Live, a Brickhouse project in social broadcasting will be going off the [...]
Two huge media companies announced job cuts, while Gannett axed 3,000 jobs and The Christian Science Monitor ceases daily publication. Revolving Door Newsletter: 10.31.08 Revolving Door Listings | Archive Tell Us Your News! New Career Opportunities Daily: The best jobs in media[...]
Time Inc, the biggest magazine publisher in the world, is cutting 600 jobs, about 6 percent of its total staff, the company announced late today. In a week where Gannett announced 3,000 more layoffs and Tribune announced that LAT was eliminating 10 percent of editorial staff, the bad news keeps [...]
Gannett Co., the nation's largest newspaper publisher, said Tuesday it will lay off another 10 percent of the work force in its local newspapers division as advertising revenue continues to plummet during the economic downturn.[...]
The Old Newsboys' Goodfellow Fund of Detroit honored UAW President Ron Gettelfinger on Friday with its Goodfellow of the Year Award. ALSO: Oil prices slide; OPEC to cut production; Gannett profits down; job cuts likely; Federal agency loses nearly $5 billion; Compuware reports a slip in profits.[...]
Only about half of publicly traded newspaper companies release monthly reports on their finances, but Gannett has been since about 1990. So it¿s announcement Friday that it was dropping the reports not only raised eyebrows -- it sparked criticism by analysts during the company¿s third-quarter earnings conference call.[...]
On a bad day for newspaper stocks, shares of Gannett Co. (NYSE: GCI) sank Wednesday to their lowest price in 18 years.[...]
CitySquares.com has picked up an unspecified amount of funding from Dallas Mavericks owner Mark Cuban and the Kraft Group's Jonathan Kraft. It's the Boston-based hyperlocal search company's second round—the first was from the eCoast Angel Network in April 2007. CitySquares used those funds to expand from just covering Boston to [...]
Wired |
October 22nd, 2008 |
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: Though Wired.com readers selected 10 excellent photos in our motion photo contest, we here at the photo department like to fight for the underdog. Here are our 10 favorite submissions that we think deserved more attention. Our next twice-monthly photo contest theme is yellow. Check out the contest page [...]
The Q308 earnings season has started in earnest, and this promises to be a busy week. Watch out for: Monday, October 20, 2008 -- Netflix -- SanDisk Tuesday, October 21 -- Yahoo -- McClatchy Company -- Apple Wednesday, October 22 -- *AT&T;* -- Amazon.com -- Baidu -- Omniture Thursday, October [...]
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