Publishing News

“Print ad revenues continue to be challenged by the weak economy's impact on real estate and classified advertising”

CHICAGO : Tribune Co. reported a first-quarter gain of $1.82 billion from continuing operations Thursday due to a change in tax status but said revenue declined 8 percent as newspaper ad sales continued to ... via International Herald Tribune

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Published reports say the owner of the Star Tribune has written down its investment in the newspaper by 75 percent. via Minnesota Public Radio

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A story in the New York Times had the blogosphere up in arms, but Microsoft indicates we shouldn't believe it. via Huliq.com

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“If you look at the last 55 years, there have been no major slowdowns in times of recession”

Yellow Pages Income Fund has booked a five per cent increase in first-quarter earnings, which rose to $127 million, with online sales shooting up at a much faster pace than the company's overall revenue growth. via 680News

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“We can see the finish line here”

U.S. Sen. Hillary Clinton may vow to fight for the Democratic presidential nomination, but some advisers said they think her campaign is on the wane. via The Post Chronicle

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“In Australia, it+s just booming. I meangoing up all the time and in Britain obviously it's steady”

NEWS Corporation CEO Rupert Murdoch said advertising revenue showed the US consumer economy was stressed, but revenue in Australia was "just booming" after announcing a triple jump in profit. via AdelaideNow...

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“I enjoy making a difference and will continue to do so in some other capacity in the future.”

Christine Chin, president and publisher of the Fort Collins Coloradoan since 2005, resigned Tuesday, citing family and personal reasons.

"I've achieved the professional goals I set for myself 20 years ago and decided it was time to work on my work-life balance," said Chin, who is married and has a 9-year-old daughter.

A search for a successor is under way, said Michelle Krans, Pacific Group regional vice president for Gannett Co. Inc., which owns the Coloradoan.

"Christine and I have worked together for 15 years and I have the utmost respect for her," Krans said. "In her three years as publisher of the Coloradoan, she has served the community with a great deal of passion and always with her customers in mind. I wish her every success in her future endeavors." Read more

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Former Governor Jim Thompson said the agency that could buy Wrigley Field wants to the name and character of the historic ballpark to stay as is. via Contra Costa Times

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Tribune Company put radio industry veteran Randy Michaels in charge of its newspapers today, naming him chief operating officer. via WAND-TV Decatur

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“While layoffs have become all too common across our industry, this is the first time the newsroom as a whole has confronted that blunt reality, and we approach it with a heavy heart”

The New York Times - reeling with the rest of the newspaper industry as advertising dollars and readers shift to the web - has completed its first ever newsroom layoffs. via Gawker

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