BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Newsweek taps Stephen Colbert as guest editor]]>http://www.bloggingstocks.com/2009/06/03/newsweek-taps-stephen-colbert-as-guest-editor/http://www.bloggingstocks.com/2009/06/03/newsweek-taps-stephen-colbert-as-guest-editor/http://www.bloggingstocks.com/2009/06/03/newsweek-taps-stephen-colbert-as-guest-editor/#commentsNewsweek unveiled its redesign just two weeks ago, but the company is already shaking things up big on the content side. Exhibit A: The June 8th issue will feature political satirist/professional Bill O'Reilly impersonator Stephen Colbert. This is newsworthy for two reasons: 1.) It's the first guest editor in the history of the magazine and 2.) The guest editor is a fake person of sorts -- a persona created by a comedian to mock the right-wing and expose hypocrisy.

Editor Jon Meacham told The New York Observer that "I was just very impressed with the range of his knowledge and he had an almost encyclopedic feel for anything that came up. As we think about ways to both inform and surprise readers of the magazine, the notion of having him as a guest editor seemed like a good one."

Continue reading Newsweek taps Stephen Colbert as guest editor

Newsweek taps Stephen Colbert as guest editor originally appeared on BloggingStocks on Wed, 03 Jun 2009 16:40:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>featuredjournalismnewspapersnewsweekSteven ColbertStevenColbertWed, 03 Jun 2009 16:40:00 EST<![CDATA[An end to sportswriting as we know it?]]>http://www.bloggingstocks.com/2009/04/07/an-end-to-sportswriting-as-we-know-it/http://www.bloggingstocks.com/2009/04/07/an-end-to-sportswriting-as-we-know-it/http://www.bloggingstocks.com/2009/04/07/an-end-to-sportswriting-as-we-know-it/#commentsFiled under: ,

The headline in the Wall Street Journal (subscription required) couldn't be any more dramatic: "Baseball writers brace for the end."

Wire reports and bloggers are rapidly replacing beat writers in all but the most die-hard cities, and financial problems at newspapers are leading to mass layoffs of sportswriters made less essential by technological progress and a generation of sports fans who don't read the newspaper.

Continue reading An end to sportswriting as we know it?

An end to sportswriting as we know it? originally appeared on BloggingStocks on Tue, 07 Apr 2009 11:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>BaseballfeaturedJournalismNewspapersSportswriterTue, 07 Apr 2009 11:30:00 EST<![CDATA[Once again, New York Times will evaluate charging for online content]]>http://www.bloggingstocks.com/2009/03/15/once-again-new-york-times-will-evaluate-charging-for-online-con/http://www.bloggingstocks.com/2009/03/15/once-again-new-york-times-will-evaluate-charging-for-online-con/http://www.bloggingstocks.com/2009/03/15/once-again-new-york-times-will-evaluate-charging-for-online-con/#commentsFiled under: , , ,

The industry standard in journalism, The New York Times, is revisiting the issue of charging for online content.

New York Times (NYSE: NYT) Chairman Authur Sulzberger, Jr., told a Stony Brook (N.Y.) University audience Thursday that the company is considering "incremental" charges for website users, while keeping most of its site free, Bloomberg News reported.

Continue reading Once again, New York Times will evaluate charging for online content

Once again, New York Times will evaluate charging for online content originally appeared on BloggingStocks on Sun, 15 Mar 2009 16:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>advertisingInternetinthenewsjournalismNew York TimesnewsNYTonline journalismweb sitesSun, 15 Mar 2009 16:40:00 EST<![CDATA[Is the news industry changing too quickly?]]>http://www.bloggingstocks.com/2009/03/13/is-the-news-industry-changing-too-quickly/http://www.bloggingstocks.com/2009/03/13/is-the-news-industry-changing-too-quickly/http://www.bloggingstocks.com/2009/03/13/is-the-news-industry-changing-too-quickly/#commentsFiled under: ,

Journalism in the United States is hurtling toward a new era. The trouble is, no one in the craft knows whether the new period will represent the start of a new golden age... or a brave new world.

There are breathtaking technologies, platforms, and distribution channels that hold the promise of bringing news, news analysis, information, and more, to countless new markets and to new audiences. This holds the promise of increasing knowledge, learning, public input and citizen awareness -- as well as publishers' online revenue streams.

Continue reading Is the news industry changing too quickly?

Is the news industry changing too quickly? originally appeared on BloggingStocks on Fri, 13 Mar 2009 16:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Internetjournalismnewspapersonline newspapersFri, 13 Mar 2009 16:45:00 EST<![CDATA[New York Times sells part of headquarters for $225 million]]>http://www.bloggingstocks.com/2009/03/09/new-york-times-sells-part-of-headquarters-for-225-million/http://www.bloggingstocks.com/2009/03/09/new-york-times-sells-part-of-headquarters-for-225-million/http://www.bloggingstocks.com/2009/03/09/new-york-times-sells-part-of-headquarters-for-225-million/#commentsFiled under: , , ,

In a move that surprised absolutely no one, The New York Times Monday agreed to a sale-and-lease back of part of its new headquarters building for $225 million, Bloomberg News reported.

The move, which involves the sale/leaseback of 21 floors of the 52-story building, will provide The Times with revenue needed to pay-down debt and increase its cash position during a period of declining revenue for print advertisements, Bloomberg News reported.

Continue reading New York Times sells part of headquarters for $225 million

New York Times sells part of headquarters for $225 million originally appeared on BloggingStocks on Mon, 09 Mar 2009 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>advertisinginthenewsjournalismNew York Timesnewspapersweb journalismMon, 09 Mar 2009 11:30:00 EST<![CDATA[Print daily newspapers are going, going ...]]>http://www.bloggingstocks.com/2009/02/27/print-daily-newspapers-are-going-going/http://www.bloggingstocks.com/2009/02/27/print-daily-newspapers-are-going-going/http://www.bloggingstocks.com/2009/02/27/print-daily-newspapers-are-going-going/#commentsFiled under: , , , ,

If it takes a good man to admit when he's wrong, then I'm up there.

My error: the speed of the decline of print newspapers. They're not dropping slowly: they're dropping like flies. And the metro dailies appear to be among the weakest: Detroit, Philadelphia, Chicago, San Francisco, Seattle, Denver. Who's next?

A journalism colleague called from Washington, D.C.: his reporter sister was laid off in Denver, whose ex-college roommate, the editor, got the axe in Seattle, and on and on it goes.

The big error in news/editorial conference rooms (and in this space, I might add): the failure to anticipate the speed of the decline of revenue. It's crumbling, due to the internet and the pronounced recession. (And here's hoping it's just a pronounced recession.) The online operations of many print dailies are doing OK-to-good, but the problem is they've started from such a low base and the ad market has become so fragmented/dispersed on the web that the web sites can't increase revenue fast enough to support the increasing losses from the print daily. The solution? Obviously, stop the print bleeding. In other words, shut down the print newspaper. And down they go. It is so sad. As noted earlier, some print dailies will survive with niches/specialization, but their overall operations will be smaller, due to the considerably lower gross annual revenue (at least initially) on the web.

Continue reading Print daily newspapers are going, going ...

Print daily newspapers are going, going ... originally appeared on BloggingStocks on Fri, 27 Feb 2009 12:25:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>featuredinternet newspapersjournalismmetropolitan newspapersnewsnewspapersFri, 27 Feb 2009 12:25:00 EST<![CDATA[With the Internet, newspapers face their biggest hurdle, but not their first]]>http://www.bloggingstocks.com/2009/02/05/with-the-internet-newspapers-face-their-biggest-hurdle-but-not/http://www.bloggingstocks.com/2009/02/05/with-the-internet-newspapers-face-their-biggest-hurdle-but-not/http://www.bloggingstocks.com/2009/02/05/with-the-internet-newspapers-face-their-biggest-hurdle-but-not/#commentsFiled under: , ,

The Internet, or its latest version known as Web 2.0, is still too young to make any sweeping statements (also known as informed conclusions) about its impact on print U.S. newspapers.

Still, we know that newspaper readership among adults - - and among young adults ages 18-25 in particular - - decreased after the Internet came into being.

But here's a little fact you rarely hear about: newspaper readership was declining even before the Internet started transforming businesses and lives in the 1990s.

That said, it is clear that some newspapers will not survive as the Internet progresses. Further, almost all will have to substantially modify their print business models to remain viable. Many, if not most, will have to specialize in some way, or otherwise develop some niche, to retain utility.

Continue reading With the Internet, newspapers face their biggest hurdle, but not their first

With the Internet, newspapers face their biggest hurdle, but not their first originally appeared on BloggingStocks on Thu, 05 Feb 2009 14:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>advertisingjournalismnewspapersonline newpapersPDAsWebweb 2.0web journalismyoung adultsThu, 05 Feb 2009 14:50:00 EST<![CDATA[A billion? A trillion? What's the difference?]]>http://www.bloggingstocks.com/2009/01/16/a-billion-a-trillion-whats-the-difference/http://www.bloggingstocks.com/2009/01/16/a-billion-a-trillion-whats-the-difference/http://www.bloggingstocks.com/2009/01/16/a-billion-a-trillion-whats-the-difference/#commentsFiled under:

Writing on TheDailyBeast (where I also have a column), Christopher Buckley points out an interesting correction from The Wall Street Journal:

The U.S. budget deficit is projected to total $1.2 trillion this year. A page-one World-Wide news summary in some editions Jan. 8 incorrectly put the figure at $1.2 billion.

Oops! The difference is only a factor of 1,000 but once you get over the $700 billion mark, does it really even matter? And since we're just going to be printing the money anyway -- we certainly don't have it sitting around -- and foisting the bill on future generations, who cares?

But that got me thinking: How many other brilliant newspaper errors have there been? It turns out that there's an entire website devoted to them. Log-on to Regret The Error and check out their best corrections of 2008. The best correction of the year goes to The Daily Mail:

In articles published on 23 and 26 May 2008, we gave the impression that Mr Gest had contracted a sexually transmitted infection and alleged that he had Liza Minnelli's dog killed without her knowledge. This was wrong. David Gest has never had a sexually transmitted infection and did not have Ms Minnelli's dog killed. We apologise to Mr Gest for any embarrassment caused.

Continue reading A billion? A trillion? What's the difference?

A billion? A trillion? What's the difference? originally appeared on BloggingStocks on Fri, 16 Jan 2009 14:14:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>Christopher BuckleyChristopherBuckleyCorrectionsinthenewsjournalismmediaThe Daily BeastTheDailyBeastWall Street JournalWallStreetJournalFri, 16 Jan 2009 14:14:00 EST<![CDATA[The business press: The horror of writing your own obit]]>http://www.bloggingstocks.com/2009/01/08/the-business-press-the-horror-of-writing-your-own-obit/http://www.bloggingstocks.com/2009/01/08/the-business-press-the-horror-of-writing-your-own-obit/http://www.bloggingstocks.com/2009/01/08/the-business-press-the-horror-of-writing-your-own-obit/#commentsFiled under:

Forbes laid off almost 20 people to save money. It is putting its online newsroom and print writers together. Yesterday, McGraw-Hill (NYSE: MGP), the publisher of BusinessWeek, cut several hundred people. US News, which used to have a strong business and personal finance section, is going from weekly to monthly to save money. There are rumors in the market that SmartMoney, a joint venture between Dow Jones and Hearst, is losing money.

The horrible thing about all of this and the layoffs at business sections of newspapers, is that the reporters who work the business and financial beats are writing their own obituaries. As they chronicle the demise of print media, the slowing of Internet advertising, and deepening recession, they have to go to work every day hoping that they will not find a pink slips on their desks.

What happens to these people?. They will not find jobs in the traditional media, but there is a model in the newspaper industry that may given them some hope. In many cities where dailies are struggling to survive and layoffs are plentiful, out-of-work writers are banding together to start websites to compete with the local press. Setting up these websites is cheap. The reporters already know their subjects as well as anyone else. They only need very modest ad revenue to do relatively well.

Business reporters may go the same route. Look for a lot of new, smaller financial websites to open staffed by laid off writers and watch them give the traditional press a run for its money

Douglas A. McIntyre is an editor at 24/7wallst.com.

The business press: The horror of writing your own obit originally appeared on BloggingStocks on Thu, 08 Jan 2009 10:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>advertisingbusiness mediaBusinessMediaBusinessWeekForbesinthenewsjournalismmediaMGPSmartMoneyUSNewsThu, 08 Jan 2009 10:40:00 EST<![CDATA[No. 2: Rich people know 'if it bleeds, it leads']]>http://www.bloggingstocks.com/2008/12/03/no-2-rich-people-know-if-it-bleeds-it-leads/http://www.bloggingstocks.com/2008/12/03/no-2-rich-people-know-if-it-bleeds-it-leads/http://www.bloggingstocks.com/2008/12/03/no-2-rich-people-know-if-it-bleeds-it-leads/#commentsFiled under: ,

This post is part of a series where personal finance expert Dan Solin looks at money secrets that help the rich stay rich. See them all.

Bad news sells. Good news is boring.

Inside media types will tell you that they are guided by this basic rule: If it bleeds, it leads.

The financial media is no exception.

There is a steady drumbeat of news about a "deep recession" or even another "great depression." How many times in recent months have you read about the "market crash" or the "financial meltdown," all meant to convince you that it really is different this time?

Is it really?

In September 1998, Newsweek carried a major story about an "unprecedented" worldwide "economic convulsion."

Fortune predicted "a fundamental change in the world's economic condition" in September 1998. Time Magazine, in June 1970, opined that we were in "the worst economic conditions since the Depression."

A "panic on Wall Street" was headlined by the Philadelphia Inquirer in October 1987.

The list is endless.

Continue reading No. 2: Rich people know 'if it bleeds, it leads'

No. 2: Rich people know 'if it bleeds, it leads' originally appeared on BloggingStocks on Wed, 03 Dec 2008 06:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>journalismnewssecrets of the richWed, 03 Dec 2008 06:00:00 EST<![CDATA[Makeover needed: Newspapers]]>http://www.bloggingstocks.com/2008/10/26/makeover-needed-newspapers/http://www.bloggingstocks.com/2008/10/26/makeover-needed-newspapers/http://www.bloggingstocks.com/2008/10/26/makeover-needed-newspapers/#commentsFiled under:

This post is part of a feature on companies and products that our bloggers think are in need of a makeover. See all 26.

Every Sunday like clockwork. I put my copy of the Sunday edition of the New York Times (NYSE: NYT) in front of me at the breakfast table hoping to bask in the gray lady's take on the week's events. Then, the interruptions start. My 2-year-old son wants me to read him a book. Household chores need to be done. Groceries need to be bought, and soon the day has slipped into afternoon football time. The newspaper lies on the kitchen table, waiting to be world.

What my family's weekend routine underscores is that newspaper publishers have not kept up with modern life. The notion of a lazy Sunday afternoon seems quaint to me at times, laughable at others. The woes of newspaper publishers have been repeated endlessly. Circulation is declining. Advertising is plunging. Newsroom budgets are being slashed. Many veteran reporters and editors are counting the days until retirement.

But even though the world has changed, the Sunday newspaper has basically remained the same. Publishers continue to view this as their showcase edition. They publish the best stories by the best writers. Many of these features are long because newspapers figure -- wrongly is my view -- that people have the time to read them. These lengthy opuses win journalism awards and may lead to changes in government policy. Think of the Washington Post's (NYSE: WPO) expose on the horrendous conditions at Walter Reed Army hospital or the Times' scoop on warrantless wiretaps. These pieces, though, are the exceptions. Many stories in Sunday papers -- or in their daily counterparts as well -- are simply too long.

Continue reading Makeover needed: Newspapers

Makeover needed: Newspapers originally appeared on BloggingStocks on Sun, 26 Oct 2008 10:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>journalismmakeovermediaNew York TimesnewspapersnytWashington PostwpoSun, 26 Oct 2008 10:10:00 EST<![CDATA[What this market needs is Louis Rukeyser]]>http://www.bloggingstocks.com/2008/08/01/what-this-market-needs-is-louis-rukeyser/http://www.bloggingstocks.com/2008/08/01/what-this-market-needs-is-louis-rukeyser/http://www.bloggingstocks.com/2008/08/01/what-this-market-needs-is-louis-rukeyser/#commentsFiled under: ,

Of all the market changes and losses that Wall Street has witnessed during the United States' decade of errors and descent, perhaps no loss has been as costly for investors, or as lamented, than the passing of Louis Rukeyser.

For those younger investors/readers who may not have heard of him, Rukeyser, who passed away two years ago, was the host of the Public Broadcasting System's "Wall Street Week with Louis Rukeyser."

At its core, the show, which ran with Rukeyser as host from 1970 to 2005 and was broadcast on Friday nights after the market closed, was the first weekly television series to summarize the week's often-dizzying financial and economic news in plain-spoken terms that the typical investor could understand. Simply, Louis Rukeyser defined broadcast financial news coverage and analysis, and was the face of Wall Street for a generation.

And the key to the show's success and usefulness, along with a no-nonsense format, was Rukeyser. A journalist by training, Rukeyser combined expert-level knowledge of the stock market and economics with the temperament and values of a family doctor, to create a calming, trustworthy source that viewers tuned in to religiously. The show became one of the most popular programs on PBS, at one point airing on more than 300 stations and attracting over 4.1 million viewing households.

Continue reading What this market needs is Louis Rukeyser

What this market needs is Louis Rukeyser originally appeared on BloggingStocks on Fri, 01 Aug 2008 18:02:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analystsbroadcast journalismbusiness newsCNBCeconomistsfinancial analysisfinancial newsFoxjournalismLouis RukeyserMaryland Public TelevisionPBSPublic Broadcasting SystemPublicBroadcastingSystemRukeyserWall StreetWall Street Week with Louis RukeyserFri, 01 Aug 2008 18:02:00 EST<![CDATA[Former Dateline NBC correspondent slams the network's news reporting]]>http://www.bloggingstocks.com/2008/01/03/former-dateline-nbc-correspondent-slams-the-networks-news-repor/http://www.bloggingstocks.com/2008/01/03/former-dateline-nbc-correspondent-slams-the-networks-news-repor/http://www.bloggingstocks.com/2008/01/03/former-dateline-nbc-correspondent-slams-the-networks-news-repor/#commentsFiled under: , , ,

NBC, a division of General Electric (NYSE: GE), is under fire from John Hockenberry, a former correspondent for the news magazine Dateline NBC. In his lengthy rant in MIT's Technology Review, Hockenberry talks about how the network declined to do some heavy-duty reporting on al Qaeda, and instead sent him off to do feel-good stories about firefighters, a pattern of ignoring real news that he claims was routine at NBC.

Hockenberry tells the story of a video montage from Baghdad, showing pictures of real people who had been affected by bombs and war. The story never made it to the air, and he wonders if it was because the footage may have promoted an idea (war is bad) that conflicted with the message NBC was sending at the time.

He details several disappointments with NBC. Hockenberry says he and others worked on finding ways to enhance journalism with the help of the internet. NBC did not really act on any of the ideas, instead focusing on programming that got high ratings, such as the To Catch a Predator shows in which pedophiles are caught trolling the internet for new victims and meeting up with them in secret.

Continue reading Former Dateline NBC correspondent slams the network's news reporting

Former Dateline NBC correspondent slams the network's news reporting originally appeared on BloggingStocks on Thu, 03 Jan 2008 14:10:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>broadcast journalismBroadcastJournalismdateline nbcDatelineNbcJohn HockenberryJohnHockenberryjournalismNBCNBC NewsNbcNewsThu, 03 Jan 2008 14:10:00 EST<![CDATA[Sportswriters in demand as Yahoo, ESPN poach from print media]]>http://www.bloggingstocks.com/2007/12/24/sportswriters-in-demand-as-yahoo-espn-poach-from-print-media/http://www.bloggingstocks.com/2007/12/24/sportswriters-in-demand-as-yahoo-espn-poach-from-print-media/http://www.bloggingstocks.com/2007/12/24/sportswriters-in-demand-as-yahoo-espn-poach-from-print-media/#commentsFiled under: ,

With the newspaper industry in decline and big layoffs at a lot of big newspapers, this is a tough time to be a journalist. But someone forgot to tell that to the elite sportswriters who, according to The New York Times, are receiving offers of double or triple what they earned at newspapers to write for Yahoo! Sports (NASDAQ: YHOO) and ESPN. Even Sports Illustrated lost star columnist Rick Reilly to ESPN -- for a reported $3 million per year.

The Times quotes sports agent Leigh Steinberg: "It's the exact same model as what happened to athletes. We're seeing free agency for sports journalists."

In spite of all the complaining and gnashing of teeth about the decline of journalism, I would argue that the internet is the best thing that has happened to the industry in a long time. The rise of aggregators and syndication has probably created a decline in the number of reporter jobs available -- but less duplication of efforts is good.

Continue reading Sportswriters in demand as Yahoo, ESPN poach from print media

Sportswriters in demand as Yahoo, ESPN poach from print media originally appeared on BloggingStocks on Mon, 24 Dec 2007 12:40:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>ESPNJim CramerJimCramerjournalismsportsSports IllustratedSportsIllustratedYahoo!YHOOMon, 24 Dec 2007 12:40:00 EST<![CDATA[Cramer on BloggingStocks: Why you can't own big media stocks]]>http://www.bloggingstocks.com/2007/11/27/cramer-on-bloggingstocks-why-you-cant-own-big-media-stocks/http://www.bloggingstocks.com/2007/11/27/cramer-on-bloggingstocks-why-you-cant-own-big-media-stocks/http://www.bloggingstocks.com/2007/11/27/cramer-on-bloggingstocks-why-you-cant-own-big-media-stocks/#commentsFiled under: , , , , , , , , , , , ,

Jim Cramer on BloggingStocks TheStreet.com's Jim Cramer says that Disney and The New York Times still have big trouble, and its name is still Google.

No price is holding for media stocks again. Even though Time Warner (NYSE: TWX) (Cramer's Take) has some fabulous properties, properties that are doing well, even though it has a great growing business in telco-cable and, I believe, some momentum at AOL, this stock can't get out of its own way. This is after a monster buyback and tons of restructurings, including the exit of the music division that now looks brilliant.

Comcast (NASDAQ: CMCSA) (Cramer's Take) is little better, even with, again, a huge buyback. This despite the fact that the anti-cable people look like they are losing the FCC battle.

Then there is big-media entertainment. Disney (NYSE: DIS)'s (Cramer's Take) pennies from a 52-week low despite having great numbers. CBS (NYSE: CBS) (Cramer's Take) did an OK quarter, not great, but it is still the most watched network and it is also right off the 52-week low. These are good companies by all admission.

Continue reading Cramer on BloggingStocks: Why you can't own big media stocks

Cramer on BloggingStocks: Why you can't own big media stocks originally appeared on BloggingStocks on Tue, 27 Nov 2007 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CBSCMCSAfeaturedGCIGOOGGOogleGoogle impactGoogleImpactJim CramerJimCramerjournalismmediaMNINYTTWXTue, 27 Nov 2007 09:00:00 EST<![CDATA[American Community Newspapers: Somebody read all about it]]>http://www.bloggingstocks.com/2007/11/19/american-community-newspapers-somebody-read-all-about-it/http://www.bloggingstocks.com/2007/11/19/american-community-newspapers-somebody-read-all-about-it/http://www.bloggingstocks.com/2007/11/19/american-community-newspapers-somebody-read-all-about-it/#commentsFiled under: , ,

American Community Newspapers (AMEX: ANE) publishes a number of small circulation dailies, weeklies, and niche advertising products, primarily with local content, in four major U.S. markets loaded with pockets of high net worth households. These newspapers are distributed free at a number of local venues. Subscription revenue accounts for only 4% of total revenues. Circulation in print is approximately 1.4 million households for the four markets combined.

Newspapers, regardless of scale, are suffering from declining circulation and declining advertising revenue. American Community Newspapers is no exception. Total revenue is down by 6.3% because print advertising revenue is also down by 6.3%. The company posted a third-quarter 2007 net loss of $2.5 million, or diluted loss per share of $0.17. Year to date, the company has posted a net loss of $7.8 million or diluted loss of $0.54 per share. The positive news is that the company is moving toward bigger and better digital products that currently generate over 5 million page views per month. Internet advertising revenue increased by 40% and shows no signs of slowing.

As long as consumers want very locally available news and information, community newspapers will limp along, not quite folding, but not profitable either. The company's stock currently trades at $3.55 per share. Without some indications of profitability, the price is still no bargain.

American Community Newspapers: Somebody read all about it originally appeared on BloggingStocks on Mon, 19 Nov 2007 17:47:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>American Community NewspapersAmerican Community Newspapers IncorporatedAmericanCommunityNewspapersAmericanCommunityNewspapersIncorporatedANEjournalismlocal newsLocalNewsnewspapersMon, 19 Nov 2007 17:47:00 EST<![CDATA[Yahoo! adds more newspapers to publishing consortium]]>http://www.bloggingstocks.com/2007/11/19/yahoo-adds-more-newspapers-to-publishing-consortium/http://www.bloggingstocks.com/2007/11/19/yahoo-adds-more-newspapers-to-publishing-consortium/http://www.bloggingstocks.com/2007/11/19/yahoo-adds-more-newspapers-to-publishing-consortium/#commentsFiled under: , , , ,

Yahoo (NASDAQ: YHOO) logoYahoo (NASDAQ: YHOO), on the eve of a one-year anniversary which saw a unique publishing consortium between Yahoo and large online newspaper publishing sources, has added 17 more newspapers to its stable as of late this weekend.

Yahoo is trying to target the news-seeking crowd that wants local, flavorful content instead of generic, global (or national) news ahead of anything that competitor Google (NASDAQ: GOOG) may be able to offer. Although physical newspaper circulation has been declining for years now as news readers shift to the web, there is still a need for local content that online news aggregators are not fulfilling. Well, according to many of my news-reading relatives, anyway.

Yahoo! announced that The Columbus Dispatch and 16 regional newspapers owned by The New York Times Co. have joined its online publishing partner group. Those additions bring Yahoo!'s total to 415 daily newspapers and about 140 weekly newspapers.

Yahoo! fans are probably cheering this effort, as it could seriously turn into a much-needed victory for Yahoo in its effort to remain relevant for the millions of customers using it for news reading every day. There are still some large partners to recruit -- like The Washington Post and The New York Times -- but Yahoo is easily making progress here.

Yahoo! adds more newspapers to publishing consortium originally appeared on BloggingStocks on Mon, 19 Nov 2007 15:40:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>inthenewsjournalismmedianewspapersPublishingYahoo!Yahoo! NewspapersYahoo!NewspapersYHOOMon, 19 Nov 2007 15:40:00 EST<![CDATA[Some investors like newspaper stocks -- believe it or not]]>http://www.bloggingstocks.com/2007/09/27/some-investors-like-newspaper-stocks-believe-it-or-not/http://www.bloggingstocks.com/2007/09/27/some-investors-like-newspaper-stocks-believe-it-or-not/http://www.bloggingstocks.com/2007/09/27/some-investors-like-newspaper-stocks-believe-it-or-not/#commentsFiled under: , , , , ,

Riddle me this investors: is the smart money heading into newspaper stocks? Don't laugh but CNN/Money's Paul La Monica points out that some well-known funds are increasing their stakes in this most hated of sectors on Wall Street.

But before people start loading up on the New York Times Co. (NYSE:NYT), E.W. Scripps Co. (NYSE: SSP), Gannett Co. (NYSE: GCI), Lee Enterprises Inc. (NYSE: LEE) or McClatchy Co. (NYSE: MNI) consider that these shares are down double-digit percentage points because their businesses are floundering. Yes, online advertising revenue is picking up but remember that these companies will get the vast majority of their profit and revenue from dead trees for some time to come.

But has all of the bad news been priced into these stocks? Ariel Capital Management, Wellington Management, T. Rowe Price and Fidelity Management and Research seem to think the stocks have nowhere to go but up, La Monica says.

They are certainly buying low. Can they sell high?

Continue reading Some investors like newspaper stocks -- believe it or not

Some investors like newspaper stocks -- believe it or not originally appeared on BloggingStocks on Thu, 27 Sep 2007 08:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>ariel capital managementArielCapitalManagementew scrippsEwScrippsfeaturedgcijournalismleelee enterprisesLeeEnterprisesmcclatchymninewspaper stocksnewspapersNewspaperStocksnytrupert murdochRupertMurdochsspt. rowe priceT.RowePricewellington managementWellingtonManagementThu, 27 Sep 2007 08:30:00 EST<![CDATA[Media World: Dan Rather's lawsuit against CBS is just sad]]>http://www.bloggingstocks.com/2007/09/19/media-world-dan-rathers-lawsuit-against-cbs-is-just-sad/http://www.bloggingstocks.com/2007/09/19/media-world-dan-rathers-lawsuit-against-cbs-is-just-sad/http://www.bloggingstocks.com/2007/09/19/media-world-dan-rathers-lawsuit-against-cbs-is-just-sad/#commentsFiled under: , , , , ,

Dan Rather sits for an interview at his office in New York. (Michael Appleton/New York Daily News/MCT)In a move that will relive his ouster as anchor of the CBS Evening News and subsequent acrimonious departure from the network he called home for decades, Dan Rather has filed a $70 million lawsuit against CBS Corp. (NYSE: CBS), according to the New York Times.

The 75-year-old Rather obviously is bitter about how the network handled the investigation into how uncorroborated allegations about President Bush's service in the Air National Guard made it onto the air. In his lawsuit, Rather accuses CBS of committing fraud with its "biased" investigation that "seriously damaged his reputation," the Times says. Named in the suit are CBS president Leslie Moonves and Sumner Redstone, the media mogul who controls the company and its former parent Viacom Inc. (NYSE: VIA).

Oh brother.

Continue reading Media World: Dan Rather's lawsuit against CBS is just sad

Media World: Dan Rather's lawsuit against CBS is just sad originally appeared on BloggingStocks on Wed, 19 Sep 2007 17:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>60 minutes60Minutesbroadcast journalismbroadcast newsBroadcastJournalismBroadcastNewscbsCBS Evening NewsCbsEveningNewsdan ratherDanRatherhdnetjournalismlawles moonvesLesMoonvesnewsviaViacomWed, 19 Sep 2007 17:30:00 EST<![CDATA[A free online Wall Street Journal?]]>http://www.bloggingstocks.com/2007/09/19/a-free-wall-street-jounal-online/http://www.bloggingstocks.com/2007/09/19/a-free-wall-street-jounal-online/http://www.bloggingstocks.com/2007/09/19/a-free-wall-street-jounal-online/#commentsFiled under: , , , , , ,

Wall Street Journal OnlineRupert Murdoch all but said that he would take his new prize, The Wall Street Journal, and offer it online for free, even though he would be giving up almost one million paid online subscribers and about $50 million in revenue.

Murdoch is probably looking at the nearly $400 million that The New York Times (NYSE: NYT) says it will do through its online editions this year. According to Nielsen Net/Ratings, nytimes.com has more than 13 million unique visitors. WSJ.com has closer to 5 million.

Murdoch has hinted that he will add reporting on national and international news to the Journal's financial coverage. That would give him the opportunity to do real damage to the Times and potentially go after much of its consumer advertising revenue base. With internet advertising revenue at newspaper sites still rising at close to 20% a year, Murdoch is after a pot of money that The New York Times Company must know will be close to $750 million three years from now.

Continue reading A free online Wall Street Journal?

A free online Wall Street Journal? originally appeared on BloggingStocks on Wed, 19 Sep 2007 12:50:00 EST. Please see our terms for use of feeds.

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