newspaper industry

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Papers Can't Ask for Bailout, Seek Rule Change Instead

Handout would violate journos' watchdog role

(Newser) - With the industry in dire straits, some in the journalism business want government help—but they’re not looking for a financial bailout, Reuters reports. “That is so clearly contrary to what our role is as a watchdog that it’s just not acceptable,” said a former newspaper...

Google Drops Plans to Save Struggling Papers

CEO says company won't cross the line into creating content

(Newser) - Google has decided against  throwing struggling newspapers a lifeline through acquisition or by using its charitable arm to help them gain non-profit status, CEO Eric Schmidt tells the Financial Times. Schmidt said the company considered the idea, but decided that Google didn't want to cross the line between technology and...

Times Weighs 2 Pay Models for Web Content

One scenario is 'tricky;' the other will get you a T-shirt

(Newser) - The New York Times will decide how to charge users for its web content by the end of next month, the New York Observer reports. In his semi-annual newsroom meeting Wednesday, executive editor Bill Keller outlined two proposals the company is considering: a meter system based on word count or...

Google, Times Brainstorm New Advertising Models

(Newser) - Google won’t buy the New York Times, but the companies are discussing novel ways the search giant can help the newspaper stay afloat, the Business Insider reports. Sources say one idea is for Google to split advertising revenue it takes from sites hosting Times content with the paper. Another,...

Don't Sell the Times ... Yet
 Don't Sell the Times... Yet 
OPINION
May 14, 2009 8:15 AM CDT

Don't Sell the Times... Yet

(Newser) - The New York Times' ruling Ochs-Sulzberger family has a “habit of buying high and selling low,” writes John Gapper of the Financial Times. The clan sold the paper’s old Times Square building at a bargain price and bought back shares near their zenith. Now Arthur Sulzberger Jr....

Geffen Would Make NYT a Nonprofit
Geffen Would Make NYT
a Nonprofit
May 13, 2009 8:41 PM CDT

Geffen Would Make NYT a Nonprofit

Mogul still interested in buying a large stake in the Times

(Newser) - Hollywood’s David Geffen has amassed a multi-billion-dollar fortune through his business acumen, so why on earth is he looking to invest in the newspaper industry by buying a large stake in the New York Times? The reason, two sources tell Johnnie L. Roberts of Newsweek, is that Geffen doesn’...

No Newspaper Is Worth Saving—in Its Current Form

(Newser) - It's only a matter of time before major American newspapers become nonprofits, writes Simon Dumenco in Advertising Age. The idea—he himself wrote about it in 2006, borrowing from the model of the Guardian—is "an inevitability," he writes. And now that a few "suddenly panicky" senators...

Obit Editors Fall for Fake Wikipedia Quote

Papers printed Maurice Jarre gem, but he didn't say it; Irish student did

(Newser) - An Irish college student managed to prank the world media in an attempt to illustrate lax fact-checking in today’s 24-hour news cycle, the AP reports. When French composer Maurice Jarre died March 28, Shane Fitzgerald fabricated a delicious quote and put it on the Jarre Wikipedia page. The citizen...

Murdoch: I'll Charge for News Sites Within Year

New York Post , London Times may join Journal behind pay wall

(Newser) - If you think you can get your newspaper online for free, you can just think again, says News Corp honcho Rupert Murdoch, who plans to charge for access to his papers' websites "within the next 12 months" in an attempt to fix a "malfunctioning" business model. Murdoch...

New Kindle Upgrades Price, Not Reading Experience

(Newser) - The Kindle DX offers crisper resolution than its smaller cousin, but it’s still not big enough to display a full newspaper page, and the price may hold some buyers back, Damon Darlin writes in the New York Times. “You never see the big picture—a full page—that...

Globe Strikes Deal With Last Holdout Union

Paper likely to remain in business as employees take major cuts

(Newser) - The Boston Globe and its largest union struck a tentative deal early this morning that will likely keep the newspaper's owner, the New York Times Company, from shutting down the title. The union representing more than 600 employees in the editorial and advertising divisions was the last holdout in negotiations...

Globe Guild Execs Got Raises as Members Went Without

(Newser) - The leaders of the Boston Globe’s biggest union have given themselves substantial raises over the past 3 years, even as the people they represent went without, the Herald reports. Boston Newspaper Guild president Dan Totten—who recently lambasted New York Times Co. execs for giving themselves extra days off...

As NY Plays Hardball, Globe Swings in Wind

Tensions high as last union works toward deal with Times Co.

(Newser) - Tensions are high as the last of seven Boston Globe unions tries to hammer out a deal with the New York Times Company, the Washington Post reports. The Boston Newspaper Guild has blasted the Times Co’s “bullying tactics” in negotiations set to resume as soon as today, but...

Bigger E-Readers Ride In to Save Newspapers
 Bigger E-Readers Ride In
 to Save Newspapers 
ANALYSIS
May 4, 2009 12:24 PM CDT

Bigger E-Readers Ride In to Save Newspapers

(Newser) - Amazon is set to introduce a tabloid-sized version of the Kindle tailored to display newspapers—just one of many e-readers in the pipe that just might toss a life-preserver to print journalism, the New York Times reports. In fact, Engadget expects the new Kindle to debut Wednesday at a press...

NY Times to Notify Feds It's Shutting Globe

(Newser) - The New York Times will file a required 60-day notice with federal authorities that it plans to shut the storied Boston Globe, newspaper officials said last night. Tense negotiations with unions failed to produce millions of dollars in savings Times representatives say are necessary to continue Globe operations. The Newspaper...

Rush: Obama Caused Swine Flu
 Rush: Obama Caused Swine Flu 
Apr 28, 2009 9:48 AM CDT

Rush: Obama Caused Swine Flu

President's poisonous presence apparently started pandemic

(Newser) - Newspapers failing? Blame it on Obama. CNN in trouble? Obama’s fault. Swine flu? Yep, the president caused that, too, Rush Limbaugh said yesterday on his radio show, the Huffington Post reports. “Everywhere Obama is spreading Obamaism, there is a deadly disease taking place, either in the TARP community...

Times Co. Won't Go Private, Sulzberger Says

'We unequivocally believe in our future' despite revenue falloff

(Newser) - The New York Times Company does not intend to take itself or its flagship newspaper private, the Wall Street Journal reports. Chairman Arthur Sulzberger Jr. also told a shareholder meeting today that Carlos Slim, the Mexican billionaire who recently bought a large stake in the company, had no interest in...

Mo. Paper Axes Journalist Shot on the Beat

Reporter was wounded in '08 Kirkwood city council rampage

(Newser) - A St. Louis-area reporter shot last year while covering a city council meeting has been laid off from his paper, the Riverfront Times reports. Todd Smith spent days in the hospital last February after taking a bullet in the hand in an attack that left seven dead. “This is...

Dismal Ad Revenue Sends Times to $75M Loss

(Newser) - Advertising revenue for the New York Times Company’s news divisions sank 28% in the first quarter of this year, the Wall Street Journal reports. That, and a total revenue falloff of 19%, resulted in a $74.5 million loss for the publisher, compared to a break-even first quarter last...

New York Times Garners 5 Pulitzers

Spitzer scandal among winners in rare bright spot for newspaper

(Newser) - The New York Times received five Pulitzer Prizes today, including one for breaking the call-girl scandal that destroyed Gov. Eliot Spitzer's career. The Las Vegas Sun won for public service for exposing a high death rate among construction workers on the Las Vegas Strip. America's top journalism awards were announced...

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