Media - Print

San Francisco may become the largest US city to lose its main daily newspaper after Hearst Corp threatened to sell or close the San Francisco Chronicle unless it can push through more job cuts, Bllomberg News has reported. The publisher, already trying to sell the Seattle Post- Intelligencer, said Tuesday that it would seek voluntary buyouts for a “significant” number of its 1,500 employees after...

Newsstand and retail sales of US magazines fell 11 per cent in the second half of 2008, with celebrity and women's titles taking a hit as supermarket and drugstore shoppers cut back on their spending. "Single-copy" sales of magazines in figures released by the US Audit Bureau of Circulations on Monday performed worse than paid subscriptions, which were up less than 1 per cent. Total paid and...

Google plans to halt its Print Ads programme on February 28 because the initiative to help newspapers make more money in online advertising sales is not working. The programme, first announced in late 2006, was designed to help newspapers find more ways to make money from Internet ad sales at a time when their print ad sales were falling. "We weren't providing a meaningful revenue impact to our...

The Iinternet has now surpassed all other media except television as an outlet for national and international news in the US, says a new report from the Pew Research Center for the People & the Press. Currently, 40 per cent say they get most of their news about national and international issues from the Internet, up from just 24 per cent in September 2007. For the first time in a Pew survey, more...

The biggest news industry story of 2008 in the US, expectedly, is about job cuts, says leading industry magzine Editor & Publisher. The US Department of Labour estimates that around 21,000 newspaper industry jobs disappeared this year. E&P's 'Top Ten Newspaper Industry Stories of the Year', listed by Senior Editor Joe Strupp are as follows: [ Link] Record Job Cuts: Three years ago, this was the...

The American Society of Newspaper Editors is planning to remove "paper" from its name and expand its membership to include editors of online-only news websites and journalism educators. The society’s board of directors unanimously recommended these and other changes that will be considered by ASNE members at a meeting during the group’s convention in Chicago next April, ASNE President Charlotte...

Prime Minister Manmohan Singh has agreed to open the World Newspaper Congress, World Editors Forum and Info Services Expo 2009, the global summit meetings of the world’s press, to be held in Hyderabad, India, from March 22-25, 2009. The events, organised by the World Association of Newspapers (WAN) and hosted by the Indian Newspaper Society (INS), are expected to draw 2,000 newspaper publishers...

Heads have begun to roll in the Australian media industry with the chief executive of FairFax Media Limited, David Kirk, putting in his papers last week. Kirk left the 120-year old media giant after serving three years in the organisation that is currently facing a shrinking advertising revenue and a collapsing share price in the face of a severe economic meltdown. Kirk’s resignation came as a

The Tribune Co, owner of the Los Angeles Times, the Chicago Tribune and other US dailies, has filed for bankruptcy. The Chicago-based company said it was forced to seek bankruptcy protection Monday because of a sharp drop in revenue and a 13-billion-dollar debt load but has enough cash to sustain operations while it restructures, news reports said. The Tribune's eight newspapers, 23 television...

The Christian Science Monitor and the McClatchy Co, which owns 30 US dailies, have agreed to share foreign news coverage in the latest cost-saving move by the ailing US newspaper industry, Agence France-Presse (AFP) has reported. The Monitor and McClatchy, the third-largest US newspaper chain, said in a statement that they would share stories by Monitor correspondents in New Delhi and Mexico City...