newspaper industry

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Tribune Co. Explores Sale of LA Times, Chicago Tribune

Rupert Murdoch rumored to be interested

(Newser) - What happens when you take the Tribune out of the Tribune Co.? We might be about to find out. The company is actively seeking bankers to help sell off its newspapers—potentially including the Chicago Tribune and LA Times—when it emerges from bankruptcy at the end of the...

Bloomberg Considers Buying Financial Times

Speculation rampant that venerated paper will soon be available

(Newser) - Michael Bloomberg is doing some serious soul searching about the possibility of buying the Financial Times, sources close to the mayor tell the New York Times . "It's the only paper I'd buy," he allegedly told one associate, and others say that lately he's taken to...

This Is Humbling Day for Murdoch
This Is 
 Day for  
michael wolff

This Is Humbling Day for Murdoch

Michael Wolff: News Corp's move to spin off print must sting

(Newser) - Rupert Murdoch has had some lousy days of late, but it's a safe bet that today is the worst of all. In fact, reports that his News Corp might spin off print operations from its more lucrative entertainment side could make this "the most humble day" of his...

Murdoch Contemplates Splitting Up News Corp

Separating publishing would make other media more profitable

(Newser) - After resisting investors' pressure for years, Rupert Murdoch is finally considering splitting his News Corp. media empire in two, dividing publishing and the company's other, more lucrative media units, reports the Wall Street Journal . The Murdoch family would likely maintain its control of both companies, similar to Sumner Redstone'...

Times-Picayune Lays Off Half of Newsroom Staff

200 workers get the ax, plus 400 at sister papers

(Newser) - New Orleans' venerable Times-Picayune has laid off nearly half of its newsroom staff—and a third of its total workforce—just weeks after the paper announced it's cutting print publication to three days a week. More than 200 staffers—including 84 of 173 newsroom workers—were given notice yesterday...

New Orleans Times-Picayune Cutting Back to 3 Days

Historic paper ceasing daily publication

(Newser) - Sad news from one of America's great newspapers: The New Orleans Times-Picayune has announced that it will cease daily publication this fall. The paper, founded as the Picayune in 1837, will now offer print editions just three days a week, on Wednesday, Friday, and Sunday, while continuing to offer...

Buffett's Latest Buy: 63 More Newspapers

In $142M deal

(Newser) - Billionaire Warren Buffett's company is making its largest foray into newspapers yet, agreeing to buy 63 papers from Media General Inc. The $142 million deal includes the Richmond Times-Dispatch and the Winston-Salem Journal. The company is selling all its papers except those in Tampa, most importantly the Tampa Tribune....

Los Angeles Times to Launch Paywall
Los Angeles Times
to Launch Paywall

Los Angeles Times to Launch Paywall

Paper's online content won't be free after March 5

(Newser) - The Los Angeles Times is going behind a paywall next month, joining the ranks of the New York Times, the Wall Street Journal, and most recently, Gannett. (The latter's hasn't gone into effect yet.) The LAT "membership program" will eventually cost $1.99 a week when...

Investors Snapping Up Daily Papers

Real estate a major factor in sale of 71 papers last year

(Newser) - Despite plunging revenue and circulation figures, plenty of people in America are still buying daily newspapers—lock, stock, and valuable headquarters. Some 71 daily papers were sold last year, and while some investors see buying a paper as a civic duty, others view it as a way to turn a...

Warren Buffett Buys Hometown Newspaper

At $200M, purchase not about investing

(Newser) - Warren Buffett makes news for his multi-billion-dollar investments, not a piddly $200 million—but Buffett surprised many people when he announced yesterday he was spending that to buy his hometown newspaper, the Omaha World-Herald, reports Bloomberg . The billionaire slammed the newspaper industry two years ago, saying it had the "...

David Carr: Time to Occupy Newsrooms

 Time to Occupy 

david carr

Time to Occupy Newsrooms

Where unfair bonuses are concerned, media firms rival Wall Street: David Carr

(Newser) - USA Today applauded Occupy Wall Street for attacking firms that give “huge bonuses” to execs who makes terrible decisions. The paper’s right—but it’s being hypocritical. Gannett, owner of USA Today, is a champion of “bonus excess despite miserable operations,” David Carr writes in...

New York Times Asks Twitter to Plug Paywall Loophole

Paper aims to firm up pay barrier before launch

(Newser) - The pay barrier for the New York Times' online content goes up on Monday and the newspaper is scrambling to make it more like a wall and less like a curtain full of holes. Users will be allowed 20 page views a month before the barrier comes down. But articles...

NY Times Gets Ready to Launch Paywall

 NY Times
Paywall Details Leak 

NY Times Paywall Details Leak

Most won't have to pay, paper says

(Newser) - The New York Times’ long-expected paywall is due next month, and details are starting to leak out about the plan. Everyone will have limited free access to the site, sources tell the Wall Street Journal , but once users reach that limit, they'll have to pony up. Users can buy either...

Google to Bite at Apple With Digital Newsstand?

Google trying to drum up support among publishers, say insiders

(Newser) - Google is considering launching a digital newsstand that would cater to users of smartphones and tablets that run Android, setting the stage for a competition with Apple for publishers’ support. Apple’s iTunes already sells a number of popular periodicals; Google has reportedly held talks with Time Inc., Condé Nast,...

Report: Apple Plans Digital Newspaper Subscriptions

They'd take a cut from apps on iPad, iPhone

(Newser) - Apple is working out a deal with newspaper publishers for a digital subscription service on its various i-gadgets, industry sources tell the San Jose Mercury News . Apple, as usual, isn't saying anything, but the Mercury News talks to one industry observer who predicts that Steve Jobs would take a 30%...

Journal vs. Times: Sharks vs. Jets Style

Taiwanese animators explain the news again

(Newser) - Here's everything you need to know about the turf war between the Wall Street Journal and the New York Times in the Big Apple ... in animated form. (Get ready for Rupert Murdoch with a fin, and a Jets vs. Sharks homage). The YouTube video comes from Taiwanese New Media Animation,...

Sulzberger: We'll Stop Printing Times, 'Date TBD'

It's coming 'sometime in the future'

(Newser) - This from Arthur Sulzberger Jr.: "We will stop printing the New York Times sometime in the future, date TBD." OK, "this sounds obvious," writes Henry Blodget at Business Insider , "but it's a big deal." Unless the paper finds a "sugar-daddy," it will...

Chicago Trib to Publish Sunday Paper With No Ads

(Newser) - Here's one way to solve the dearth of advertising for newspapers—just get rid of that pesky stuff altogether and charge readers an extra $5 an issue. This is what the Chicago Tribune may be planning, according to a story in the Chicago Reader, which got its hands on an...

USA Today Plans 'Radical Overhaul,' Staff Slash

9% of workers cut as focus switches from print

(Newser) - USA Today will be laying off 9% of its 1,500 workers in what execs describe as a radical overhaul. The 28-year-old paper, struggling with falling circulation and advertising sales, plans to focus less on its print edition and more on producing content for the Internet and mobile devices, AP...

Murdoch to Start 'Newspaper'—for iPad, Cells

He dreams: 'We'll have young people reading newspapers'

(Newser) - News Corp is planning to launch a new “newspaper” exclusively for tablet computers and cellphones. The new property will operate out of the New York Post newsroom, and be helmed by the Post’s managing editor, but will have several dozen reporters of its own, a source tells the...

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