The Washington Post Fires Reporter Felicia Sonmez Amid Week Of Infighting

New Data Shows Newspaper Revenues Down Sharply

Newspaper publishers have seen revenues drop by more than half in the last two decades, as the internet disrupts advertising markets that once funded tens of thousands of jobs in newsrooms across the country. New data from the U.S. Census Bureau shows newspaper publishers collected about $22.1 billion in revenue in 2020, less than half the amount they collected in 2002, according to the Bureau’s Service Annual Survey.

Joe Kahn Named Next Executive Editor Of The New York Times

Joseph F. Kahn, a Pulitzer Prize-winning China correspondent who rose to lead the international desk of The New York Times, and then as managing editor helped steer the newspaper into the digital era, has been selected to be The Times’s next executive editor, the top newsroom job. (Photo: Celeste Sloman for The New York Times)

More Papers Opt For Fewer Days In Print

For more than two decades, industry sages have been predicting the death of the printed newspaper. Now, a growing number of local publishers are cutting back on their print editions, pointing to rising costs and arguing consumers will prefer the immediacy and convenience of online news.

Gannett Goes On Massive Spree Of Closing And Merging Weekly Newspapers

Lee Enterprises Shareholders Fend Off Alden, Overwhelmingly Re-Elect Incumbent Board Members

75 Years Ago: The Post-Dispatch Brings St. Louis Its First Regular TV Broadcast

Local Papers Find Hints Of Success With Online Subscriptions

The numbers still pale in comparison with print’s heyday, but the increase is giving some publishers an unusual feeling: hope.

Taylor Lorenz Hopes The New York Times Will ‘Evolve In Their Ways’ As She Leaves For The Washington Post

The Washington Post is powering up its coverage of the online world by hiring Taylor Lorenz, The New York Times tech reporter whose stories on influencer culture and social media trends helped usher the Gray Lady into the 21st century. The star reporter with a massive online following thinks the Post gets the internet in ways other outlets don’t.

Public Radio Owner Buys Sun-Times In Big Chicago Media Deal

Chicago Public Media, which owns WBEZ-FM, the local NPR affiliate, announced Monday it completed a deal to buy the Chicago Sun-Times, the punchy tabloid with roots that stretch back to the mid-19th century. Final terms were not disclosed.

Chicago Public Media Set To Acquire The Chicago Sun-Times

Alden Global Capital Sues Lee Enterprises, But Signals A Better Offer Might Come

Lee Enterprises Rejects Alden Takeover Bid

Over 200 Papers Suing Facebook And Google

More than 200 newspapers are suing Facebook and Google, alleging that the tech titans have unfairly manipulated the advertising market, siphoning away their revenue and crippling their businesses. The lawsuits are being filed on behalf of some 30 different companies.

Lee Enterprises Fights Back Against Hostile Takeover Bid

Alden Global Capital Makes An Offer For Lee Enterprises

Alden Global Capital, the New York hedge fund that bought Tribune Publishing this year, said on Monday that it was making an offer for another big American newspaper chain, Lee Enterprises, the publisher of 90 daily newspapers including The Buffalo News, The Richmond Times-Dispatch and The Omaha World-Herald.

Judge Tries To Block New York Times’s Coverage Of Project Veritas

Newspapers Cutting Back On Print Give Readers iPads And Tutoring

The strategy underway in Chattanooga, Tenn., and Little Rock, Ark., highlights the papers’ enduring reliance on older subscribers.

Why The Media Loves Labor Now

At a moment of political turmoil, economic change and a pandemic-driven focus on how we work, labor has become a hot news beat. Above,

Washington Post Restructures Leadership

A Secretive Hedge Fund Is Gutting Newsrooms

Inside Alden Global Capital — The model is simple: gut the staff, sell the real estate, jack up subscription prices and wring out as much cash as possible.

THE PRICE POINT

Amid Local News Death Narratives, There’s An Opportunity For TV

The death of local news story much ballyhooed in journalism circles says more about the arrogance of local newspapers than the industry’s actual state. But TV stations need to heed an important lesson in the narrative and cast themselves as trusted local partners, not authoritative gatekeepers of information.

NY Daily News’ Hedge Fund Owner Cancels Plan To End Print Edition

Judge Jails Editor Over Reporter’s Use Of Recorder In Court

RALEIGH, N.C. (AP) — A North Carolina Superior Court judge put a small-town newspaper editor behind bars last month after one of his reporters used an audio recorder for note-taking purposes at a murder trial — a punishment the paper and media rights groups consider excessive. Judge Stephan Futrell sentenced Gavin Stone, the news editor […]

Newspaper Circulation Revenue Tops Advertising

Circulation revenue, from people buying digital or print subscriptions, reached $11.1 billion in 2020, according to a Pew Research Center report. The newspaper industry reported $8.8 billion in ad revenue last year.

Almost 40 In Chicago Tribune Newsroom Take Buyouts

COMMENTARY BY JACK SHAFER

Why Has Local News Collapsed? Blame Readers

Despite all the impassioned pleas to salvage local news coverage, the reality is there’s a demand-side problem.

How Hedge Funds Took Over America’s Struggling Newspaper Industry

Today, some of the largest newspaper groups in the country —such as Tribune, McClatchy and Media News Group — are owned, controlled by or in debt to hedge funds or private equity groups. In fact, hedge funds and other financial firms control half of the daily newspapers in the United States.

Tribune Publishing CEO Fired After Takeover

Terry Jimenez, the chief executive of Tribune Publishing, owner of the Chicago Tribune and New York Daily News, has been fired in the wake of the takeover by hedge fund Alden Global Capital. Heath Freeman, president of Alden, was named president of the newly formed Tribune Enterprises, with Alden controlling all seven board seats.

 

Tribune Shareholders Approve Alden Takeover

Alden Global Capital, which already owned one-third of Tribune, now takes full control of the Chicago Tribune, Baltimore Sun and other Tribune papers in a deal worth roughly $630 million. Through its Digital First Media chain, Alden also owns the Boston Herald, Denver Post and San Jose Mercury News. The deal had drawn opposition from many of the company’s journalists at papers in an unusual spate of employee activism.

Sale Of Tribune Publishing To Hedge Fund Faces One Last Challenge

Shareholders of Tribune Publishing will vote on the company’s sale to Alden Global Capital. Dr. Patrick Soon-Shiong, a billionaire who owns The Los Angeles Times, could determine the outcome.

Nielsen, Boston Globe To Conduct Cross-Platform Diversity & Inclusion Brand Study

Today, Nielsen and Boston Globe Media Partners launched a custom and proprietary cross-platform study that they say “will help the New England-based metro organization strengthen its brand position and foster better engagement among local communities.” The study, commissioned by BGMP and designed in partnership with Nielsen, will enable the media organization, particularly its nearly 150-year […]

Opposition To Alden Takeover Of Tribune Heats Up Ahead Of Vote

Opposition to hedge fund takeover of Tribune Publishing is bubbling up ahead of next week’s deal vote, including three legal fights, plans for multi-city rallies and written pleas for new buyers. “Please buy this newspaper,” ran a May 5 headline in the New York Daily News.

2021 National Headliner Award Winners Announced

AP’s Sally Buzbee Named WaPo’s Top Editor

The Washington Post has named longtime journalist Sally Buzbee of the Associated Press as its executive editor, marking the first time a woman has been appointed to lead the 143-year-old news organization. Buzbee, AP’s executive editor and senior vice president, will take over leadership of the Post’s nearly 1,000-person newsroom next month, said publisher Fred Ryan, who made the announcement to the newspaper’s staff on Tuesday.

LA Times Taps ESPN’s Kevin Merida As Top Editor

One of the biggest newspaper jobs goes to a groundbreaking journalist who spent two decades at The Washington Post.

Maryland Hotel Mogul Continues His Quest For Tribune Publishing As Time Runs Out

Stewart Bainum is making a third try to keep the newspaper chain away from the hedge fund Alden Global Capital, which is poised to be the company’s next owner.

New York Post Reporter Who Wrote False Kamala Harris Story Resigns

Las Vegas Review-Journal Introduces Weekday Video News Program

N.Y. Times Retires ‘Op-Ed’ Page For Guest Essays

NEW YORK (AP) — The New York Times is retiring its Op-Ed page and inviting guests. The newspaper said Monday it is eliminating the designation it has been using since 1970 to signal opinion columns written by outsiders. The name, meant to designate opinions that appeared on the page opposite the newspaper’s own viewpoints on […]