The Journal Register Company announced it was declaring bankruptcy Wednesday. Digital First Media operates JRC; its CEO, John Paton, said in the announcement that a subsidiary of JRC’s current owners has made a bid for the company, so possibly when the company emerges from bankruptcy it will enjoy the same management, just with less debt. It’s not an easy business move to get one’s arms around. Here are a couple of explainers:
http://www.poynter.org/latest-news/mediawire/187689/journal-register-bankruptcy-gets-second-day-analysis/
Friday, September 7, 2012
Union: Providence Journal plans more staff cuts this month
PROVIDENCE, R.I. (WPRI) – The Providence Journal will cut an undetermined number of employees this month through buyouts or layoffs, according to the largest union at Rhode Island’s statewide daily.
The Providence Newspaper Guild said Friday management has told union officials the paper will offer “a new round of buyouts, and warned layoffs are possible if enough employees don’t accept them.”
The Providence Newspaper Guild said Friday management has told union officials the paper will offer “a new round of buyouts, and warned layoffs are possible if enough employees don’t accept them.”
Monday, September 3, 2012
Wednesday, August 29, 2012
Are We Ready For the End of the Newspaper?
Think back 10, 15 years. How did you get your news? Chances are you got it by either newspaper or magazine. The channels for obtaining information were relatively few, the Internet still in its infancy. Fast-forward to the present and the entire news landscape is different.
http://www.huffingtonpost.com/matthew-maron/are-we-ready-for-the-end-_b_1833883.html
http://www.huffingtonpost.com/matthew-maron/are-we-ready-for-the-end-_b_1833883.html
Weekly Herald succumbs to industry trends
The Weekly Herald publishes its final issue on Aug. 29.
For more than 50 years, the free weekly newspaper delivered to the doorsteps and coffee shops of south Snohomish County has provided a way to find out what's going on in town, learn about interesting locals, exchange opinions on politics and get the scoop on neighborhood businesses.
The Weekly Herald's voice wasn't the only one in the community, but it rang loud and clear.
And now that voice is lost.
http://www.heraldnet.com/article/20120828/SCBJ02/708309995/1005/BIZ
For more than 50 years, the free weekly newspaper delivered to the doorsteps and coffee shops of south Snohomish County has provided a way to find out what's going on in town, learn about interesting locals, exchange opinions on politics and get the scoop on neighborhood businesses.
The Weekly Herald's voice wasn't the only one in the community, but it rang loud and clear.
And now that voice is lost.
http://www.heraldnet.com/article/20120828/SCBJ02/708309995/1005/BIZ
Commercial Appeal Cuts at Least 17 Employees
The Commercial Appeal is planning another round of layoffs, according to reports on Mediaverse, a media-centric blog by Richard Thompson.
In an email to members Monday, Aug. 27, Memphis Newspaper Guild president Wayne Risher announced that The Commercial Appeal is eliminating 17 guild-covered jobs as part of a “planned reduction in force.”
http://blog.memphisdailynews.com/?p=5845
In an email to members Monday, Aug. 27, Memphis Newspaper Guild president Wayne Risher announced that The Commercial Appeal is eliminating 17 guild-covered jobs as part of a “planned reduction in force.”
http://blog.memphisdailynews.com/?p=5845
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