Even compared to this year’s other brutal weeks for American journalism, the past seven days have been particularly turbulent. Last Wednesday, the publishing giant McClatchy reported severe liquidity problems along with its third-quarter results; its share price has since collapsed from $2.28 to $0.40. Last Thursday, shareholders voted to approve the merger of two more media giants—GateHouse and Gannett—despite stock in GateHouse’s parent, New Media Investment Group, also having cratered since the merger was announced. The deal closed yesterday; the new company is just called Gannett. Also yesterday, Alden Global Capital—a hedge fund, notorious for cost-slashing at its media properties, that itself tried to buy Gannett earlier this year—acquired a 25-percent stake in Tribune Publishing Company, becoming its biggest shareholder. To simplify, the Wall Street types who increasingly control local news are playing with all their biggest chips at once. As Nieman Lab’s Ken Doctor told CNN last night, this week marks a “major turning point” for the industry. “At a time when local news is needed more than ever, it is the bankers who are deciding what will be defined as news, and who will be employed to report it.” From archives: Politico embarrasses WSJ by publishing transcript The closure of the Gannett–GateHouse deal was the least surprising of these new developments, and is probably the most significant. Prior to their merger, the companies were, respectively, America’s first... Continue reading at 'Columbia Journalism Review'
[ Columbia Journalism Review | 2019-11-20 13:10:34 UTC ]
News tagged with:
#senior editor
#publishing giant
Ahead of a contentious 2020 U.S. presidential election, two trade bodies representing media agencies and publishers are working toward more sophisticated brand safety standards and how to apply them to news content. These organizations--the American Association of Advertising Agencies and... Continue reading at AdWeek
[ AdWeek | 2019-09-27 20:14:59 UTC ]
More news stories like this | News stories tagged with:
#presidential election
#news content
#american association
#advertising agencies
#digital content
When did the term “fake news” begin to permeate everyday conversation? In an informal poll of friends and colleagues, almost everyone said, “sometime in 2016.” And when asked, “how do you distinguish between real and fake news?” the entire group answered the same way: they check reliable news... Continue reading at Advertising Age
[ Advertising Age | 2019-09-20 17:16:34 UTC ]
More news stories like this | News stories tagged with:
#american democracy
#premium publisher
HarperCollins has teamed with the Ingram Content Group to create a year-round quick reorder program for bookstores in 10 western states. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-09-19 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#ingram content group
#harpercollins
Velocity Press has announced a revised reissue of cult drum and bass book State of Bass. Continue reading at The Bookseller
[ The Bookseller | 2019-09-10 18:34:45 UTC ]
More news stories like this | News stories tagged with:
#velocity press
Citing 37 percent of revenue from frontlist titles, 63 bookstore companies with 80 locations respond to BookNet Canada's new report. The post BookNet Canada’s First ‘State of Independent Bookselling’ Report: Print Revenue up appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-09-09 20:54:40 UTC ]
More news stories like this | News stories tagged with:
#print revenue
#booknet canada
#independent bookselling
#frontlist titles
#bookstore
Citing 37 percent of revenue from frontlist titles, 63 bookstore companies with 80 locations respond to BookNet Canada’s new report. By Porter Anderson, Editor-in-Chief | @Porter_Anderson Non-Book Merchandise: 16 Percent of Revenue or partisans of print and brick-and-mortar bookstores, the... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-09-09 20:54:40 UTC ]
More news stories like this | News stories tagged with:
#booknet canada
#independent bookselling
#frontlist titles
#porter anderson
#brick-and-mortar bookstores
#bookstore
J2 Global Acquires BabyCenter In case you missed it: late last week, Johnson & Johnson sold BabyCenter—the online parenting and pregnancy resource that claims to reach "7 in 10 new and expectant moms in the U.S." across its website, newsletters, social media channels and apps—to Everyday... Continue reading at Folio Magazine
[ Folio Magazine | 2019-09-06 18:12:01 UTC ]
More news stories like this | News stories tagged with:
#focusing solely
#magazine publisher
#bestselling book
Octopus imprint Endeavour has scooped the "gripping inside story of the next frontier of fake news" from digital propaganda expert Dr Samuel Woolley. Continue reading at The Bookseller
[ The Bookseller | 2019-09-05 10:18:03 UTC ]
More news stories like this | News stories tagged with:
#fake news
U.K. media companies from the Financial Times to The Guardian have reported growth in the last year, amid the boom of the Brexit-related news Continue reading at Editor & Publisher
[ Editor & Publisher | 2019-09-04 16:35:32 UTC ]
More news stories like this | News stories tagged with:
#media companies
#print media
Farmers seeking government assistance knew where to make their case: on Fox News, in TV ads with tractors and corn stalks designed to snag the attention of President Donald Trump. U.S. airlines, opposed to subsidies for foreign competitors paid by Qatar, took the same broadcast route to the... Continue reading at Advertising Age
[ Advertising Age | 2019-08-28 16:12:29 UTC ]
More news stories like this | News stories tagged with:
#nielsen ratings
#sexual harassment
#perfect storm
#news channels
#—bloomberg news
#nielsen
Application for injunction preventing the publisher from repeating meanings in defamatory material dismissedActor Geoffrey Rush, who was awarded $2.9m in his defamation case against Nationwide News, has lost his bid to prevent the newspaper publisher from repeating the substance of its... Continue reading at The Guardian
[ The Guardian | 2019-08-28 07:48:07 UTC ]
More news stories like this | News stories tagged with:
#injunction preventing
#defamation case
#defamatory material
#news corp
London indie Flame Tree Publishing has entered a "pioneering" co-publishing deal with Jiangsu Phoenix Literary and Art Publishing, a division of the leading Chinese publisher Phoenix Publishing and Media Group (PPMG). Continue reading at The Bookseller
[ The Bookseller | 2019-08-22 09:37:01 UTC ]
More news stories like this | News stories tagged with:
#co-publishing deal
We spoke with a number of booksellers about how the Find Waldo Local campaign is continuing to grow and evolve. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-08-22 04:00:00 UTC ]
More news stories like this |
When the Judith Neilson Institute for Journalism pledged money to News Corp and Nine Entertainment last month, some cynics wondered Continue reading at Editor & Publisher
[ Editor & Publisher | 2019-08-21 14:55:30 UTC ]
More news stories like this | News stories tagged with:
#philanthropy play
#reporting news
#cynics wondered
#news corp
The fund behind the biggest grant ever given to the Sydney Opera House says it won’t play favourites in Australian mediaWhen the Judith Neilson Institute for Journalism pledged money to News Corp and Nine Entertainment last month, some cynics wondered why the $100m philanthropic outfit was... Continue reading at The Guardian
[ The Guardian | 2019-08-21 04:31:05 UTC ]
More news stories like this | News stories tagged with:
#philanthropy play
#reporting news
#cynics wondered
#grant recipients
#news corp
Former social affairs reporter Rick Morton attacked in print and online. Plus: Rowan Dean ignores police over Sydney stabbing attacksIt doesn’t take long for a top reporter at the Australian, with a regular presence on page one, to become the target of a front-page story in the combative... Continue reading at The Guardian
[ The Guardian | 2019-08-16 01:49:59 UTC ]
More news stories like this | News stories tagged with:
#weekly beast
#regular presence
#front-page story
#news corp
A deep dive on paywalls... Harvard University's Shorenstein Center on Media, Politics and Public Policy and the Lenfest Institute for Journalism released a detailed white paper on Tuesday summarizing the findings of a study evaluating the performance of digital subscriptions at over 500... Continue reading at Folio Magazine
[ Folio Magazine | 2019-08-14 19:11:32 UTC ]
More news stories like this | News stories tagged with:
#entire group
#deeply committed
#5% increase
#check back
Commissioner Andrew Colvin tells MPs the investigation is ‘ongoing’The Australian federal police commissioner has not ruled out prosecuting the News Corp journalist Annika Smethurst, telling parliament’s intelligence and security committee the investigation into leaked material remains... Continue reading at The Guardian
[ The Guardian | 2019-08-14 00:57:26 UTC ]
More news stories like this | News stories tagged with:
#security committee
#news corp
The past half-decade has seen a digital subscription renaissance in the news publishing industry. Publishers are increasingly recognizing a market Continue reading at Editor & Publisher
[ Editor & Publisher | 2019-08-13 17:00:55 UTC ]
More news stories like this | News stories tagged with:
#news publishers
#increasingly recognizing
#news publishing
Rupert Murdoch’s Australian mastheads and Foxtel suffer drop in revenue although global profits increase after huge loss in 2018Revenue at the Australian mastheads run by Rupert Murdoch’s News Corp fell by 6% last year, and the company’s pay TV operation, Foxtel, has also been hit by falling... Continue reading at The Guardian
[ The Guardian | 2019-08-09 01:33:05 UTC ]
More news stories like this | News stories tagged with:
#rupert murdoch
#australian mastheads
#huge loss
#results released
#news corp