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Archive for May, 2009

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San Jose Mercury News may charge for content

The San Jose Mercury News has reportedly decided to start charging for its content. The paper is reportedly planning on charging people to access its online edition.The paper’s choice has the potential to impact how other Media News Group publications treat their online content.Former Mercury News online editor Michael Bazeley said the move could put [...]

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Business writer wins Mirror Award

Syracuse University’s S.I. Newhouse School of Public Communications gave a “People’s Choice” award in the third annual Mirror Awards competition to Fast Company‘s Clive Thompson, the school announced today.Thompson won the People’s Choice category of Best Single Article, Traditional Media for his piece, “Is the Tipping Point Toast?”, a story on marketing industry techniques.View a [...]

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Economic map down

Slate created an interactive map this month that chronicles America’s increasing job losses from Jan. 2007 to March 2009.The map is strewn with markers, detailing down to state counties the jobs gained or lost in the current month. The map’s animation ticks through its timeline, showing changes in employment down to individual counties by changes [...]

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Google thought about buying a newspaper

In an interview with the Financial Times, Eric Schmidt, chairman and chief executive officer of Google said that the technology giant has considered purchasing a newspaper, www.ft.com reported today.Schmidt elaborated that Google has since decided against an acquisition or charitable donation to avoid a conflict of interest.From the article: “‘Clever ideas about sheltering newspapers in [...]

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McClatchy plans discounted debt exchange

McClatchy Co. announced Thursday its plans to exchange $1.5 billion in notes at a steep discount. Holders would receive up to $60 million in cash and as much as $175 million in 5-year notes with a 15.75 percent yield in return for exchanging the debt.McClatchy went into to debt to expand itself before the recession [...]

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Dow Jones adds financial journalists to global team

Dow Jones, parent company of The Wall Street Journal, announced the addition of two business journalists to their editorial staff for the Dow Jones Newswires this week.Jamie Miyazaki, a former Tokyo Dow Jones Newswires correspondent, joins the Hong Kong team as a senior writer covering Asia.Syndicated international loan market writer and former contributor to Loan [...]

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Huff Post hires former biz editor

Former Washington Post business editor, Lawrence Roberts, was named as the head of a new Investigative Fund for the Huffington Post today.The fund, which launched in March with an initial budget of $1.75 million, is a nonpartisan, nonprofit initiative with the goal of producing multimedia investigations.Read the story here.

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Associated Press buys out veteran staff

Word that the Associated Press is offering buyouts got out Monday. The buyouts were offered three weeks ago with little publicity. The News Media Guild said the move was part of AP‘s attempt to reduce its labor costs by 10 percent.The news organization is offering $500 for each year of service and pension benefits increased [...]

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TheStreet interim CEO to stay

TheStreet announced Tuesday that Daryl Otte, its interim chief executive officer, will be its official CEO. Otte replaced Thomas Clarke, the previous TheStreet CEO for roughly a decade. Clarke stepped down in March amid speculation it was due to Jim Cramer’s The Daily Show appearance .View the story here.

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