| Newsday Publisher Says He's Optimistic About Cablevision | Newsday, Melville, N.Y. May 12, 2008 | MELVILLE, N.Y. _ Newsday publisher Timothy P. Knight expressed optimism Monday about the newspaper's purchase by Cablevision Systems Corp., saying the "opportunities are almost unlimited."
In a half-hour interview, Knight predicted the paper's sale wouldn't impact its journalism and charitable giving on Long Island.
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| | Community is Its Own Newspaper | The Seattle Times May 12, 2008 | SEATTLE _ Rich Carr thinks maybe he has reinvented the small-town newspaper.
Orting, in Pierce County, Wash., southeast of Tacoma, was served by The Gazette, which folded in March after 16 years, most recently as a weekly.
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| News Corp. ends bid to buy Long Island newspaper Newsday | Associated Press/AP Online May 11, 2008 | NEW YORK - News Corp., the media conglomerate controlled by Rupert Murdoch, has withdrawn its bid to purchase the Long Island paper Newsday, a News Corp. spokeswoman said Saturday.
The decision to revoke the offer came just days after Murdoch confidently predicted he would clinch a deal to buy the newspaper within a week.
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| | 161 Newspapers Sliced, Diced, and Rated | . May 08, 2008 | Scarborough Research, released its annual Scarborough Newspaper Audience Ratings Report, a comprehensive compendium of the weekly print, weekly website and Integrated Newspaper Audience (combined print and online) ratings for 161 newspapers in 81 Top-Tier markets.
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| Sun-Times Media Expects NYSE to Delist Its Shares | Chicago Tribune May 08, 2008 | Sun-Times Media Group Inc. said Wednesday that it expects its shares to be delisted from the New York Stock Exchange because its share price doesn't meet the Big Board's minimum.
The publisher of the Chicago Sun-Times and other Chicago-area newspapers had said in late March that the NYSE had notified the company its shares were in danger of being delisted.
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| | Star Tribune Publisher Denies Dire Report | Saint Paul Pioneer Press (St. Paul, Minn.) May 05, 2008 | May 5--The publisher of the Star Tribune on Sunday denied a New York Post report that the Minneapolis paper is on the brink of bankruptcy.
The Post, citing unidentified people familiar with the Star Tribune, reported Sunday the newspaper has failed to meet its debt obligations and has hired a Wall Street firm to help restructure the company.
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| Newspaper Veteran Joins Enterprise As Publisher | High Point Enterprise May 06, 2008 | May 6--HIGH POINT -- Michael B. Starn is the new publisher of The High Point Enterprise.
He succeeds Rick Bean, who is becoming publisher of the Durham Herald -- Sun. Both the Enterprise and Herald-Sun are part of the Paxton Media Group.
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| | Can MTV's 'The Paper' Help Make Newspapers Cool Again? | Contra Costa Times (Walnut Creek, Calif.) May 04, 2008 | May 4--God bless Amanda Lorber, a senior at Cypress Bay High School in Weston, Fla., who says "Journalists are the most important part of the world."
Amanda is editor-in-chief of the Circuit, an award-winning student publication that serves as the setting for MTV's new reality series "The Paper" (10:30 p.m. Mondays).
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| Post Co. Profit Falls 39 Percent; Newspaper Income Plummets, but Education Revenue Rises | The Washington Post May 03, 2008 | The Washington Post Co. reported a 39 percent decline in first-quarter profit yesterday, as the company was hit by a large one-time charge at Newsweek magazine and the continued slump in its newspaper division.
For the first three months of the year, The Post Co. reported net income of $39.3 million ($4.08 per share) on revenue of $1.06 billion, compared with $64.4 million ($6.70 per share) on revenue of $985.6 million in the first quarter of 2007.
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| | The Newspaper Death Watch | Advertising Age April 28, 2008 | Of course, newspaper owners aren't going to just give up and wait-and that's why Ad Age is launching this series about the 1,437 dailies still working hard in the U.S. It'll look at the thought leaders in the industry, their attempts to leave the past-and even formats-behind and their strategies for finding new business models.
The New York Times Co. elected its first outside directors since going public in 1967, capitulating to a pair of hedge-fund shareholders demanding divestitures and a quicker turn toward digital.
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| | Newspaper Web Sites Bash Other Media in Local Advertising | . May 02, 2008 | According to data from Borrell Associates' fifth annual local online revenue survey, newspaper-owned Web sites maintained a three-to-one lead over other local competitors in advertising market share last year, capturing 26.9 percent of the market.
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| Who Would Wrangle Over a Newspaper? | Chicago Tribune May 02, 2008 | A bidding war for a newspaper?
Wonder how Newsday bidders Rupert Murdoch, the Dolan family and Mort Zuckerman missed all those reports about how tomorrow's newspapers are as worthless as last week's weather forecasts.
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| | Dallas Morning News Parent A.H. Belo Loses $8.7M | The Dallas Morning News April 30, 2008 | Apr. 30--A.H. Belo Corporation, the parent company of The Dallas Morning News , lost $8.7 million in its first quarter as an independent firm, as the company struggled with a weakening economy as well as the ongoing shift of advertising dollars away from traditional print media.
A.H. Belo also saw its revenue decline between January and March, to $160.2 million.
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| E-Editions Help Times, P-I Boost Circulation | The Seattle Times April 29, 2008 | Apr. 29--Both Seattle daily newspapers reported circulation increases Monday, but the growth came from a little-known quarter.
Statistics released by the Audit Bureau of Circulations show that average paid weekday circulation at both The Seattle Times and the Seattle Post-Intelligencer would have declined during the six-month period that ended March 31, but for a big jump in the number of subscribers to "electronic editions" -- online, page-by-page replicas of the print newspapers.
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| | Newspaper's Ex-General Manager to Take Reins As Publisher | Times-News April 29, 2008 | Apr. 29--Paul Mauney, a former general manager for the Times-News, will become the newspaper's next publisher, it was announced Monday morning.
Steve Buckley, 66, Times-News publisher since 1996, will retire at that time.
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| BRIEF: Chicago Newspapers, AP Ask State High Court to Open R. Kelly Proceedings | Chicago Tribune April 29, 2008 | Apr. 29--Chicago's two daily newspapers and the Associated Press asked the Illinois Supreme Court to unseal court records and release transcripts of closed hearings in the R. Kelly case on Monday, after the presiding judge last week rebuffed their efforts to open the proceedings.
The Tribune, Chicago Sun-Times and the Associated Press filed a petition to the Circuit Court of Cook County last week to open the proceedings to the public, but Cook Criminal Court Judge Vincent Gaughan refused and held a closed-door hearing last Friday.
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| | Documents Reveal No Secret Deals in Seattle Newspaper Settlement | The Seattle Times April 26, 2008 | Apr. 26--Newly disclosed documents support statements by the owners of Seattle's two daily newspapers that, contrary to a citizens group's suspicions, they made no secret deals when they settled their four-year legal dispute last April.
The Committee for a Two-Newspaper Town suggested in court after the settlement was announced last year that there could be a separate, undisclosed arrangement between The Seattle Times Co. and the Hearst Corp. to close Hearst's Seattle Post-Intelligencer in the next few years.
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| | The Worst of Times | . April 25, 2008 | The New York Times' news room is bracing for a bloodbath in the next 10 days.
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| | Liberty Media Pay Packages Soar | Los Angeles Times April 25, 2008 | Liberty Media Corp. Chairman John Malone's compensation package jumped 80% to $6 million in 2007 as his media company worked to streamline its holdings and acquire a stake in El Segundo-based satellite TV provider DirecTV.
The company also rewarded Chief Executive Greg Maffei with compensation totaling $19.2 million, more than triple his 2006 package.
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| Media & Marketing: News Corp. Bid for Newsday May Face Political Snags | The Wall Street Journal April 25, 2008 | WASHINGTON -- News Corp.'s bid to buy Newsday will face regulatory hurdles, but political attacks on the deal could be more of a long-term problem as News Corp. Chairman Rupert Murdoch tries to seal the deal.
Public-interest groups and lawmakers are signaling they are ready to fight the deal on grounds that it gives News Corp. too much media power.
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| | Much Ado Over Murdoch's Push into U.S. Media | Chicago Tribune April 25, 2008 | You can't just yell "fire" in a crowded theater because of the commotion it's likely to cause.
The polarizing Australian media baron, whose global empire stretches from "The Simpsons" and topless Page 3 models to the Times of London and Fox News Channel, again triggered a frenzy Thursday among lawmakers.
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| | Deals & Deal Makers: Fund Wins Media General Seats | The Wall Street Journal April 25, 2008 | Three nominees backed by a dissident investor group that has been pushing for changes at Media General Inc. have won seats on its nine-member board.
Hedge fund Harbinger Capital Partners, which holds about 18% of Media General's Class A shares, said preliminary results from Corporate Election Services showed its candidates received between 57% and 68% of the total votes cast.
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| Media-Ownership Rules Challenged | Los Angeles Times April 25, 2008 | The Federal Communications Commission defied some in Congress last year by easing a ban on ownership of a newspaper and a broadcast station in the same city.
The Senate Commerce Committee unanimously approved a rare "resolution of disapproval" to invalidate the FCC's new rules, as concerns about media consolidation escalated in the wake of News Corp.'s negotiations to buy a second New York newspaper.
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| | Journal Earnings Drop in 1st Quarter: Media Company Hurt By Lower Advertising Revenue | The Milwaukee Journal Sentinel April 23, 2008 | Apr. 23--Net income dropped nearly 91% in the first quarter for Journal Communications Inc., a comparison affected by a $65.1 million gain in the same quarter a year ago from the sale of Norlight Communications Inc. and some other holdings.
However, earnings from continuing operations also fell.
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| | Top Editor Steps Down At Wall Street Journal | The Washington Post April 22, 2008 | Less than five months after Rupert Murdoch took control of the Wall Street Journal, the paper's top editor, Marcus Brauchli, is resigning.
Some Journal staffers say Brauchli felt overshadowed by the paper's new publisher, Robert Thomson, a former editor of another Murdoch property, the Times of London.
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| Corporate News: Free-Dailies Publisher Metro Feels Pinch, Too | The Wall Street Journal April 22, 2008 | One of the last bright spots in the newspaper industry -- the free daily -- is hurting, too.
Metro International SA, the pioneer and biggest publisher of free daily papers around the world, said revenue fell 6.1% to 73.4 million euros, or $116 million, in the first quarter from a year earlier.
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| | Newspapers Confront The Enemy Within | . April 18, 2008 | As Linda Grist Cunningham took the podium to talk about integrating editorial and advertising content at a newspaper industry powwow, the Rockford Register Star executive editor couldn't resist cracking a joke.
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| Economy Brings Bad News for Publishers | The Wall Street Journal April 18, 2008 | The newspaper industry's slow fade is turning into a deep swoon.
New York Times Co. and Media General Inc. each posted a loss for the latest three months amid increasing declines in advertising revenue.
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| | Le Monde Workers Walk Out Second Time in a Week | The Wall Street Journal April 18, 2008 | PARIS -- Employees of French daily newspaper Le Monde went on strike Thursday -- the third walkout in the media group's 63-year history and the second this week -- to express concerns over possible job cuts and editorial independence.
Le Monde's management plans to cut 129 jobs, including 60 of 350 journalist positions, and rethink the paper's content to target more affluent readers.
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| | New York Times Company Posts Loss | The New York Times April 17, 2008 | The parent of The New York Times reported a loss of $335,000 for its first quarter, as newspaper publishers battle a drop in advertising revenue that has led to an industrywide decline.
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| Editors at ASNE Confab Explode at AP's Curley Over Rates | . April 17, 2008 | A recent dispute between numerous newspaper editors and the Associated Press over rate structures and other practices erupted again Wednesday morning during a heated session of the Capital Conference media convention.
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| | Investor Backs Dissident Slate for Media General | Richmond Times-Dispatch April 17, 2008 | Apr. 17--The largest shareholder of Media General Inc.'s common stock indicated he will support a dissident investment firm's slate of nominees to the Richmond-based company's board of directors.
In a letter to Media General management, Mario J. Gabelli, chairman and chief executive of Gamco Investors Inc., said his New York-based firm's concerns about the company's strategy "tilt our decision" toward voting for the director nominees proposed by Harbinger Capital Partners.
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| Harbinger Bid Wins Partial Backing: Proxy Advisory Firm Backs 2 for Seats on Media General Board | Richmond Times-Dispatch April 16, 2008 | Apr. 16--A dissident shareholder's attempt to gain seats on the board of Richmond-based Media General Inc. received the partial backing of a second proxy advisory firm yesterday.
RiskMetrics Group, which advises some institutional investors on how to vote on shareholder matters, said stockholders should support two of the three nominees proposed by hedge fund Harbinger Capital Partners for Media General's board.
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| | Times: 'We Expect' Layoffs | . April 16, 2008 | The New York Times announced that it's all but a done deal that the paper will have to layoff staffers in the newsroom.
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| | Media General: Company Says Regional Focus, Audience Reach Will Yield Opportunities | Richmond Times-Dispatch April 13, 2008 | Apr. 13--J.Stewart Bryan III's recent knee-replacement surgery could serve as a metaphor for the situation facing Media General Inc.
"It is the most challenging time since I have been involved, but I think it also has great opportunities," said Bryan, chairman and retired chief executive of Media General, the publicly traded company his father created in 1969.
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| Post Circulation Director Jack F. Patterson, 93 | The Washington Post April 13, 2008 | Jack F. Patterson, a hard-nosed newspaper executive who guided The Washington Post to unprecedented circulation growth from the 1950s to the 1980s and who mentored generations of the paper's top administrators, died April 9 of melanoma at his home in Bethesda.
Mr. Patterson, a pioneer of home delivery on the West Coast, joined The Post as assistant circulation director in 1952 when it was one of four daily papers in the capital and had a circulation of about 200,000.
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