Trying to get a journalist fired in exchange for financial support
for a newspaper company?
Two companies backed by venture capital have been recent buyers: Halifax Media Group (buyer of the Worcester Telegram & Gazette and a couple of others since its purchase of the New York Times Company's Regional Newspaper Group in 2012) and the new Gatehouse / New Media (recent buyer of the Providence Journal), which has announced a $ 150 - $ 300 million war chest
for newspaper company purchases.
The basic theory: In an age when cost consolidation is a primary weapon
for newspaper company management, regional clusters become a necessity.
The move would be a win
for newspaper companies and broadcasters that have pushed for the change for decades, but was criticized by Democrats who said it could usher in a new era of media outlet consolidation.
Not exact matches
The businessman is also director of Walton Enterprises, the holding
company for the Walton family's assets, and chairman of Community Publishers, an Arkansas - based
newspaper firm.
They are used
for reproduction in Jersey Standard's own magazine, The Lamp, and the other thirty - eight
company publications, and given free to any magazine,
newspaper, or publishing house that wants to use them.
Mogo signed a deal with Postmedia Network Canada (TSX: PNC - B) in January that will see the media
company provide $ 50 million in advertising space in its
newspapers and digital properties over three years in exchange
for a cut of Mogo's revenue.
The
company's AI product, Quill, can essentially turn numbers into stories: The box score from a baseball game becomes a written report of that game,
for example, detailing player performance as if you were reading a sportswriter's coverage in the
newspaper.
Tiny circle of trust: The
newspaper was sold by New Media Investment Group (NEWM), which is a holding
company for newspaper publisher Gatehouse Media.
«Everybody has been reading magazines and
newspapers for hundreds of years,» says Joseph Melohn, a
company investor.
According to the state - run People's Daily
newspaper, citing an article in the Beijing Times, 15 Chinese real estate
companies projected a loss
for 2015, accounting
for nearly 30 % of developers that have already released their preliminary earnings reports.
Moreover, it's being prepped
for a counter-strike under the leadership of former Sun Media boss Paul Godfrey, who now heads Postmedia, a
company forged by the recent $ 1.1 - billion creditor acquisition of Canwest's distressed
newspaper assets.
Defending a
newspaper empire amid scandal, splitting a global media conglomerate into two public
companies, enduring a high - profile divorce, and struggling to repair frayed relationships with grown children — it's been a trying few years
for Rupert Murdoch.
Companies used to pay
for advertising or publicity in the local
newspaper, television and radio stations.
Defenders of the paper, however, have argued that the Sulzbergers have kept the Times from being swept under amid all the turmoil going on in the media world and have preserved the quality and purpose of the
newspaper because of their personal commitment to it — and the view that they are merely stewards of the
company maintaining it
for future generations.
The decision is a blow to struggling
newspaper companies that have long pushed
for the FCC to relax the restrictions.
The first is a practical matter
for the paper, which is that attacking and undermining the source that helped the
company win a Pulitzer Prize looks hypocritical at best and craven at worst, and is almost certain to make future Snowdens think twice or even three times about going to the
newspaper with a leak or a classified tip.
A journalist and digital consultant, John Boitnott has worked at TV,
newspaper, radio, and internet
companies in California
for 20 years.
John Boitnott is a journalist and digital consultant who has worked at TV,
newspapers, radio and internet
companies in the U.S.
for 20 years.
Related: How Tech's Richest People Spend Their Vacations Last week, The Washington Post
Company reported $ 138.4 million in revenue during the second quarter
for its
newspaper publishing division, down 1 percent compared to the same period last year.
For the better part of the last decade or so, cable and TV
companies have watched the upheaval going on in the movie and music industries — not to mention the
newspaper business — and felt pretty sanguine about their prospects.
Musk then headed
for Stanford to start a Ph.D. in applied physics but dropped out after two days to develop Zip2, a
company owned with his brother, Kimbal, that created online city guides
for newspaper publishers.
Speaking of sexual harassment: If you haven't yet read Kristen Bellstrom and Beth Kowitt's extraordinary report
for Fortune on Michael Ferro, the former chairman of the
company that publishes the Chicago Tribune, Los Angeles Times, and New York Daily News, among many other American
newspapers, set aside the time.
At our mortgage
company in Florida, Mortgage Resource Partners, applicants routinely tell us they want that 2 % rate they saw on the Internet (rates are published daily in
newspapers and www.bankrate.com
for everyone to see).
An experimental program within the
newspaper company, timeSpace provided
for three startups to spend the past four months collaborating with Times staffers and receiving crucial insight into the news industry and feedback as they developed their products.
Predicasts» Overview of Markets and Technology (PROMT) is a one - stop database
for public and private
company information and industry info as found in all print media, such as trade journals,
newspapers, magazines, and industry reports.
«Getting attention from the media is like getting free advertising on TV, in the
newspaper, or via social media channels, allowing you to reach not only your current audience, but also people who may have never heard of you or your product,» says Wendy Duval, public relations and communications manager
for The Vermont Teddy Bear
Company.
Gannett, the biggest U.S.
newspaper publisher by circulation, made an unsolicited $ 12.25 per share takeover offer
for Tronc — formerly Tribune Publishing — in April, valuing the
company at about $ 815 million.
A SoftBank buyout would stand as a notable endorsement
for the
newspaper industry, adding a media
company to the Japanese investment machine's impressive portfolio.
The businessman is also director of Walton Enterprises, the holding
company for the Walton family assets, and chairman of Community Publishers, an Arkansas - based
newspaper firm.
As Spayd points out, with advertising declining as a revenue source,
newspapers like the Times are becoming increasingly reliant on subscribers to pay
for the
company's journalism.
But my personal favorite reputational tool is this one:
company managers and employees should ask themselves, when making decisions
for the
company, whether: a) they would feel comfortable telling their mother about that decision, and b) they would feel comfortable reading about that decision on the front page of a
newspaper.
Before the change in law, it was illegal
for an entrepreneur to tell a
newspaper reporter that his or her
company was seeking funding and
for that information to be included in a story, says Mittal.
In recent days, the two were said to be close to a deal that would have seen the larger
newspaper chain acquire the Chicago - based
company for $ 18.75 a share or about $ 890 million.
(Heffernan touches on the big - picture disservice in the media's insidious practice of narrowing our horizons
for profit, rather than expanding them in the public interest: «[Media
companies] know that when we buy a
newspaper or a magazine, we aren't looking
for a fight... The search
for what is familiar and comfortable underlies our media consumption habits in just the same way as it makes us yearn
for Mom's mac»n' cheese.»)
It just rejected an overture from rival
newspaper publisher Gannett to buy the
company for $ 815 million, and now it plans to embark on what CEO Justin Dearborn has described as an «exciting and compelling strategic transformation,» even as the
company faces continued pressure
for a sale.
The DCMS committee wrote to Zuckerberg on March 20 — following
newspaper reports based on interviews with a former employee of UK political consultancy, Cambridge Analytica, who revealed the
company obtained Facebook data on 50 million users — calling
for him to give oral evidence.
That acquisition may drive the price up
for the Register and speed up what now seems like an inevitable single -
company consolidation of
newspaper ownership across a geography stretching
for 200 miles from north to south.
For the current Tribune
Company and board, the
newspapers appear to be a soon - top - be-dispatched afterthought — one they don't want to shine much of a light on.
As this
newspaper reported Friday, Lauder Partners, a venture capital firm run by Gary Lauder, provided the initial financing
for the newly restructured
company, OnLive confirmed.
Tribune may have access to cheaper money; let's say it wrangles a 10 percent rate
for the new, market - challenged
newspaper company.
The Swiss - German weekly
newspaper cited CEO Jean - Louis van der Velde, who said, «We are looking
for a new domicile
for Bitfinex and the parent
company iFinex, where we want to merge the operations previously spread over several locations.»
The
company now accounts
for its legacy businesses (now labeled «Tronc M,»
for media) separately from its digital revenue (still driven largely by the
newspapers) and several ancillary enterprises.
The New York Times
Company said Monday it had reached an agreement with the Mexican billionaire Carlos Slim Helú for a $ 250 million loan intended to help the newspaper company finance its busi
Company said Monday it had reached an agreement with the Mexican billionaire Carlos Slim Helú
for a $ 250 million loan intended to help the
newspaper company finance its busi
company finance its businesses.
These efforts made us feel good because we were doing something but the programs were not producing significant, measurable results.At the same time, drawing on publishing experience I had gained in my prior position as Asia marketing director
for the online division of Knight - Ridder, at the time one of the largest
newspaper companies in the world, I quietly created content - rich marketing and PR programs on the Web.Against the advice of the PR agency professionals we had on retainer (who insisted that news releases were only
for journalists), we wrote and sent dozens of releases ourselves.
Facebook CEO Mark Zuckerberg took out full - page ads in several
newspapers in the US and UK on Sunday to apologize
for his
company's involvement in the Cambridge Analytica data scandal.
The credit (or blame)
for all of this change will rest on the shoulders of Michael Ferro, the tech investor with a longstanding side interest in
newspapers who shocked the Chicago media elite when he bought a 16.6 % stake in the
company and, as I reported, quickly began to exercise the power his attendant position (despite the title of non-executive chairman) gave him.
Freedom Communications Inc., owner of the Orange County Register, filed
for bankruptcy protection Sunday, and its chief executive said he plans to lead a bid to acquire the troubled
newspaper company.
The
company has also granted varying amounts of restricted stock depending on when the employees started working, intending to make up
for the value lost since they joined the
company, the
newspaper reported, citing people familiar with the matter.
After several years in the trenches covering local news
for community
newspapers in Florida, Jason was offered a position as a writer and editor with Early to Rise, an Agora - affiliated
company offering educational resources
for entrepreneurs and online marketers.