By Jeff Bailey No newsroom group has had its ranks thinned more than copy editors in recent years. A survey by the Project for Excellence in Journalism said 42 percent of newspapers had reduced the number of copy editors during the past three years. That was more papers than reported cutting photographer jobs (31 percent), [...]
TheStreet.com outlines some of the predictions CNBC’s Jim Cramer has for 2009. It appears Cramer is very optimistic about the new administration and thinks investors can look forward to a “huge rally” this year. Cramer’s basis for the optimism is the fact that in 1933 the market got a huge boost from a transfer of [...]
While ad revenue for large print papers across the country has been plummeting for several quarters, a new report shows that community papers are doing much better, according to Editor & Publisher. In fact, a new report issued jointly by the Suburban Newspapers of America (SNA) and the National Newspaper Association (NNA) found that in [...]
24/7 Wall St. examines falling advertising revenues both online and in print editions. This trend has clearly affected some major financial publications and Web sites.For example, ad sales at The Economist are down about 30 percent this year. “High-end demographic online properties” such as WSJ.com are also taking a hit. WSJ.com, part of News Corp [...]
After two years of searching and negotiations, Tribune Company has finally settled on a buyer for the Chicago Cubs and Wrigley Field.The Ricketts family, founders of what is now TD Ameritrade Holding Corp., outbid other potential buyers of the team and the field by offering $900 million for them. Tribune Co. put the Cubs up [...]
Editor & Publisher reports The New York Times Co. has been downgraded by Moody’s to “junk” status. In addition, Moody’s also assigned the comany a “negative outlook” which means that The Times Co. may be succeptible to further downgrades in the future. The recent $250 million laon from Mexican billinaire Carlos Slim Helu apparently did [...]
In an effort to raise more cash and pay off some of its debt, The New York Times revealed today that it is in negotiations to sell a large part of its 52-story headquarters in Manhattan. Under the deal, the Times Company would sell the 19 floors it currently uses in the building but not [...]
MSNBC is reporting lawmakers in Great
