Newspaper publisher Tribune has agreed to be sold to Alden Global Capital, a hedge fund known for cutting costs and eliminating newsroom jobs, in a deal valued at $630 billion Continue reading >> [ Source: ABC News | 2021-02-17 00:40:46 UTC ]
Martha Stewart Living Omnimedia Inc. will farm out most of its magazine operations to Better Homes and Gardens publisher Meredith Corp., cutting costs as it focuses on brand-licensing deals. Meredith... To view the full story, click the title link. Continue reading >> [ Source: Crains New York | 2014-10-16 00:00:00 UTC ]
The fate of several prominent U.S. newspapers could be irrevocably altered in coming weeks as publishers make restructuring moves. Facing declining ad revenue and readership, large newspaper companies are cutting costs, eliminating or selling assets ... Continue reading >> [ Source: Editor & Publisher | 2013-06-28 00:00:00 UTC ]