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BUSINESS
November 23, 2005 | Meg James
Newspapers saw increases in classified advertising as well as ads on their websites, according to preliminary estimates by the Newspaper Assn. of America. Ad spending for newspapers, including their websites, inched up 2.4% to $12 billion for the third quarter of 2005 when compared with the year-earlier quarter. Spending for print ads was up 1.6% to $11.4 billion compared with the third quarter of 2004. Classified ad spending was up 5.5%.
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BUSINESS
March 28, 2014 | By Walter Hamilton
Profit at Tribune Co., the parent of the Los Angeles Times and other newspaper, radio and television properties, fell sharply last year amid a further decline in newspaper advertising and a significant drop in earnings at its broadcast division. The Chicago media company reported net income of $241.6 million for the year, down 43% from $422.5 million in 2012. Total operating revenue fell 8% to $2.9 billion, with a 6% decline in publishing and an 11% drop in broadcasting. For the fourth quarter, revenue dropped $97 million, or 11%, to $773 million, partly because the quarter included one fewer week than the previous year's final three months.
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BUSINESS
March 7, 2001 | Bloomberg News
Newspaper advertising sales rose 5.1% to $48.7 billion in 2000, according to preliminary figures from the Newspaper Assn. of America. The association had projected an increase of 5.8% in September before announcing third-quarter sales. The report showed that ad sales slowed in the second half as the U.S. economy cooled. Sales rose 5.7% in the first quarter, 6.8% in the second quarter, 4.3% in the third and 4.1% in the fourth. For the full year, retail advertising increased 2.4% to $21.
BUSINESS
November 20, 2013 | By Walter Hamilton
Tribune Co., the parent of the Los Angeles Times, on Wednesday unveiled a restructuring plan that will slash nearly 700 jobs over the next year. The 6% staff reduction will come primarily from the company's beleaguered newspaper unit, but will largely involve operations personnel rather than reporters and editors at its eight daily papers, Peter Liguori, Tribune's chief executive, said in an interview.  The restructuring is intended to help...
BUSINESS
April 15, 2000 | GREG JOHNSON, TIMES STAFF WRITER
Groups representing women and California Muslims demanded Friday that the Los Angeles Times pull parts of a new advertising campaign, contending that the message is offensive. The Times' first multimedia campaign in four years is scheduled to begin Sunday. Protests were lodged by a local chapter of the Council on American-Islamic Relations and the Los Angeles office of the Feminist Majority Foundation.
ENTERTAINMENT
August 29, 1991 | DAVID J. FOX, TIMES STAFF WRITER
The title and subject of a new movie coming out Friday are too offensive for the Big Three TV networks and at least three of the nation's top newspapers. They have rejected print and TV ads for the R-rated satire, "The Pope Must Die," about a bumbling, rock 'n' roll-loving priest who accidentally is elected to head the Roman Catholic Church.
BUSINESS
November 20, 2013 | By Walter Hamilton
Tribune Co., the parent of the Los Angeles Times, on Wednesday unveiled a restructuring plan that will slash nearly 700 jobs over the next year. The 6% staff reduction will come primarily from the company's beleaguered newspaper unit, but will largely involve operations personnel rather than reporters and editors at its eight daily papers, Peter Liguori, Tribune's chief executive, said in an interview.  The restructuring is intended to help...
BUSINESS
March 28, 2014 | By Walter Hamilton
Profit at Tribune Co., the parent of the Los Angeles Times and other newspaper, radio and television properties, fell sharply last year amid a further decline in newspaper advertising and a significant drop in earnings at its broadcast division. The Chicago media company reported net income of $241.6 million for the year, down 43% from $422.5 million in 2012. Total operating revenue fell 8% to $2.9 billion, with a 6% decline in publishing and an 11% drop in broadcasting. For the fourth quarter, revenue dropped $97 million, or 11%, to $773 million, partly because the quarter included one fewer week than the previous year's final three months.
ENTERTAINMENT
June 25, 2013 | By Meg James
U.S. advertising spending during the first quarter of 2013 was flat compared to the year-earlier period, reflecting television network ratings woes and caution amid mixed signals on the economy. Marketers during the January-March period spent $30.2 billion, according to a quarterly advertising analysis released Tuesday by Kantar Media. That represented a decline of less than 1% compared to the first quarter of 2012. Spending was surpressed, in large part, because the major broadcast TV networks, including Fox, NBC and ABC, were suffering from falling ratings.
BUSINESS
January 21, 2009 | Alana Semuels
Google Inc. said Tuesday that it would shut down an advertising partnership with more than 800 newspapers, a key part of the Internet giant's effort to expand into offline media, because it didn't make enough money. The Print Ads program, which launched with 50 newspapers in November 2006, allowed advertisers to use Google's online services to bid on space in print much as they do for search-engine ads. The service ends Feb. 28.
BUSINESS
August 23, 2008 | Annette Haddad, Times Staff Writer
Searching for new sources of revenue, Los Angeles Times Media Group is getting into the real estate business. On Monday, Times Media Group and other partners will launch ZetaBid, a business that will auction foreclosed homes and other properties. The company would also run a website where the properties could be viewed. The other partners are London-based GoIndustry-DoveBid, an auction specialist, and CataList Homes of Hermosa Beach, a real estate brokerage. The partners will share fees paid by the buyer on each home sold.
BUSINESS
June 12, 2008 | From the Associated Press
Google Inc. Chief Executive Eric Schmidt said Wednesday that the Internet search leader hoped its recently acquired advertising service DoubleClick would aid newspapers as they struggled to corral more online revenue. "It's a huge moral imperative to help here," Schmidt said at an event hosted in San Francisco by Syracuse University's S.I. Newhouse School of Public Communications.
NATIONAL
September 24, 2007 | From Times Wire Reports
After two weeks of denials, the New York Times acknowledged that it should not have given a discount to MoveOn.org for a full-page ad assailing Army Gen. David H. Petraeus. The liberal group MoveOn should have paid $142,000, not $65,000, for the ad that referred to the U.S. commander in Iraq as "General Betray Us," wrote Clark Hoyt, the newspaper's public editor.
BUSINESS
July 19, 2007 | From Bloomberg News
Google Inc., owner of the world's most popular search engine, will offer advertisers the chance to buy space in more than 225 newspapers. They include the Los Angeles Times, the New York Times and the Washington Post, and have combined circulation of almost 30 million, Mountain View, Calif.-based Google said Wednesday. The company started the program in November with 50 newspapers.
BUSINESS
February 3, 1995 | Times Staff and Wire Reports
Help-Wanted Ad Volume Up: In another sign of strength in the economy, the seasonally adjusted index compiled by the Conference Board rose to 138 in December from 134 a month earlier. It registered 117 a year earlier. "Employers are still busy seeking qualified job applicants," Conference Board economist Kenneth Goldstein said.
BUSINESS
March 23, 1995 | Times Staff and Wire Reports
Newspaper Ad Revenue Increases: America's newspapers recorded their highest advertising revenue in eight years in 1994, at nearly $34.2 billion, reported the Reston, Va.-based Newspaper Assn. of America, which represents more than 1,500 newspapers in the United States and Canada. The figure was up 7.25% from the previous year. Newspaper advertising expenditures totaled $10 billion in the last quarter of the year, an 8.1% increase over the same quarter of 1993.
BUSINESS
July 18, 2007 | From Reuters
The main U.S. newspaper auditing group said Tuesday that it would begin tallying online readership as well as print-edition circulation in a boost to an industry where advertising sales have suffered from a migration of readers to the Web. The Audit Bureau of Circulations said it would release newspapers' print, online and combined readership figures. The numbers are a key factor in negotiations on newspaper advertising rates between newspapers and marketers.
CALIFORNIA | LOCAL
June 21, 2007 | John L. Mitchell, Times Staff Writer
While the fates of media giants Dow Jones, Tribune and McClatchy play out in the business pages of newspapers nationwide, another press battle is quietly taking shape on a much smaller scale on the Westside of Los Angeles. Two weeklies, the Westside Chronicle and the Beverly Hills Courier, are locked in a turf war over advertising, endorsements and readership. Bad feelings and court appearances are piling up.
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