August 31, 2009 |
You think the economy is sending mixed signals? Just look at the newspaper industry. For every "green shoot" that appears, there's a tumbleweed or two rolling by next door. On the positive side, advertising sales firmed a bit in June at major chains such as Gannett Co. and New York Times Co., enabling those companies to post unexpectedly strong second-quarter profits. Newspaper stocks rallied sharply -- Gannett shares have rocketed 156% since the end of June -- as some investors bet that aggressive cost cutting has positioned the companies for higher profit once the economy rebounds.
CALIFORNIA | LOCAL
March 29, 1989
N. Christian Anderson, editor of the Orange County Register, states, "So much of what we do in a newspaper just doesn't have any excitement. What is there in newspapers today that has the passion that MTV has? Nothing." I am in no way involved with the business of journalism, but I am saddened to hear such words. Anderson assumes young readers have a choice; illiteracy is still a very real problem. I find today's front page to have far more passion, drama, and sometimes redemption than a billion music videos.
October 15, 1998 |
Right after cutting a deal with U.S. negotiators to end the Kosovo crisis, Yugoslav President Slobodan Milosevic cracked down on his Serbian opponents by silencing two Belgrade newspapers critical of his government. Serbian police stormed the offices of Dnevni Telegraf and Danas late Tuesday. Pushing out reporters and editors, they shut down the independent dailies, saying their recent reports on NATO threats violated a broad, vaguely worded ban on unpatriotic behavior.
February 2, 2006 |
Newspapers in France, Germany, Italy and Spain published caricatures of the prophet Muhammad that have sparked anger among Muslims since they first appeared in a Danish newspaper in September. The Middle East Islamic tradition bars any depiction of the prophet, and publication of the drawings has divided opinion within Europe. French and German papers cited freedom of expression in publishing the cartoons.
October 16, 2012 |
WASHINGTON - For a hundred years, artists have been using and abusing newspapers as a vital part of their works. Pungent examples include the Spanish painter Salvador Dali creating an absurd newspaper about himself, the German-born Swiss artist Dieter Roth making a sausage, complete with gelatin and spices, out of copies of the British tabloid Daily Mirror and the American Jim Hodges coating a Jordanian newspaper entirely in 24 karat gold. Little attention has been paid to this phenomenon by the world's museums in the past.
November 24, 2005 |
Many years ago, a veteran editor at what was then the Chandler-owned Los Angeles Times made the following observation about that family and its dividends from this newspaper: "They're either rolling in it, or they're really rolling in it. And when they're only rolling in it, they start to panic." The era when insufficiently huge newspaper profits would give the shivers only to the members of a wealthy family seems quaintly distant today.
April 20, 2007 |
Media companies announced lackluster earnings during the first quarter as declining revenue, profit and circulation figures dealt the newspaper industry its latest financial blow. Gannett Co., Tribune Co., New York Times Co. and Media General Inc. all reported lower earnings Thursday, as classified advertising dwindled and overall online revenue growth began to slow, analysts said. At Chicago-based Tribune, which owns the L.A. Times, interactive revenue grew 17% to $60 million.
CALIFORNIA | LOCAL
September 12, 2006 |
Gov. Arnold Schwarzenegger signed legislation Monday making it an infraction to take more than 25 copies of a free newspaper to recycle them or prevent people from reading it. The measure, by Assembly Minority Leader George Plescia (R-San Diego), is a response to several incidents in which large numbers of free papers were taken from news boxes to be sold for recycling or to keep others from reading them.
March 21, 2013 |
In a very classy move, Greg Jennings took out a full-page ad in several newspapers Wednesday to thank Green Bay Packer fans. Jennings, who played for the Packers in his first seven NFL seasons, signed a five-year, $47.5-million contract with the Minnesota Vikings last week. The ad, which appeared in the Milwaukee Journal Sentinel, among other papers, was entitled "A Bittersweet Farewell. " "It has been 7 years since I was first blessed with the opportunity to be a part of such a wonderful organization and community," Jennings wrote.
November 2, 2011 |
The Los Angeles Times has the fifth-highest circulation among U.S. newspapers, based on new numbers from the Audit Bureau of Circulations. In the six months ended Sept. 30, the Times' average daily print and digital circulation was 572,998, down about 5% from 605,243 in the previous six-month period. The paper slipped from fourth place in the previous report by the nonprofit audit bureau. In the just-released report, the Times' Sunday circulation of 905,920 copies was the third-highest, though down more than 4% from 948,889.