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Archive for February, 2009

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E.W. Scripps posts 4th quarter loss; will cut pay

E.W. Scripps released its fourth quarter results on Thursday, revealing a 6.2 percent year-over-year decline in revenue.In all, the company lost $19.4 million in the quarter, prompting plans to decrease spending over the next year, according to The New York Times. Scripps, which owns a chain of local newspapers and TV stations, told employees Wednesday [...]

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Top 30 news sites show positive growth

The list of top 30 global news sites, as measured by unique monthly visitors, contained some good news for the month of January, according to Editor & Publisher.The list, compiled by Nielsen, showed many sites still sustaining strong year-over-year growth. The Huffington Post, for example, attracted 152 percent more unique visitors in January than it [...]

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Santelli’s now infamous “rant” on CNBC keeps getting attention

On Thursday’s “Squawk Box” on CNBC, reporter Rick Santelli made some strong remarks from the floor of the Chicago Board of Trade that

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Two more dailies cut back production days

The Daily Mail and the Register-Star, two daily papers in New York, have joined the small but growing number of papers cutting back on their production days, according to Editor & Publisher.Both papers will no longer produce Sunday or Monday editions, and will work together to create a shared Saturday edition. “This publishing frequency will [...]

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Treasury ordered to comply with FBN’s FOIA request

The FOX Business Network is reporting a U.S. District judge has ruled the U.S. Treasury Department must comply with FBN’s Freedom of Information Act request and release details about the government bailout.

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Bartiromo, Cavuto, Kudlow rank among “25 people who will affect your finances in 2009″

CNBC’s Maria Bartiromo, the FOX Business Network’s Neil Cavuto and CNBC’s Lawrence Kudlow are all included on a list of the top 25 politicians, CEOs and financial gurus

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Obama and multimedia

The Financial Times details why Barack Obama is truly a multimedia president.This week, the White House launched Recovery.gov, a site that tracks where stimulus money will be spent. This comes after a revamp of the White House’s own site, which added blogs, behind-the-scenes photos and video addresses from the President.From the story: He has also [...]

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Will Peter Chernin stay at News Corp?

BusinessWeeks’ Ronald Grover explores if Rupert Murdoch’s No. 2 man at News Corp, Peter Chernin, will leave the company this year.His contract expires on June 30 and there has been buzz that Chernin might decide to retire. Chernin’s story dives into what the future could bring for Chernin and what it will mean for News [...]

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New biz editor at Arizona Daily Star

The Arizona Daily Star is reporting it has named a new business editor. Norma Coile will replace Tim Steller who will return to a senior reporter position. Coile, who joined the Star

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