November Journal Communications Revenues Plummet 13% On Political Ad Fall-Off – Editor & Publisher, Dec. 19, 2007
Retail advertising was up 1.9% — but classified advertising revenue slumped 15.5%, with bi declines in help-wanted and real estate. Help-wanted classified revenue fell 24.7%, while real estate was down 30.1%….Total interactive advertising revenue at the daily newspaper, which is included in various ad revenue categories, increased 38.8% to $1.19 million for the period.
Gannett November Revenues Fall 4.6% On Big Classifieds Drop – Editor & Publisher, Dec. 18, 2007
The fall was “propelled by huge declines in U.S. classified newspaper revenues, including a 28.4% plunge in real estate and a 23.5% collapse in help-wanted.”
Publisher Hands Sun-Sentinel News Site Over To Marketer – The Daily Pulp, Dec. 14, 2007
[The Sun-Sentinel puts a marketer in charge of the newspaper’s website, including editorial content. A lively debate takes place in the comments section, including opinions about the senior editorial manager who was laid off as a result of the changes. – Ed.]
Times Media readership increases – St. Cloud Times, Dec. 14, 2007
[The St. Cloud Times appears to be doing a few things right. Overall readership is up 9% over the last four years (presumably most of those gains are online). Aggressive investment in local coverage appears to be paying off: “Over a 30-day period, Times Media reaches 93 percent of the adults in the region, the highest of all Gannett papers’ surveys that have been measured so far.” – Ed.]
‘Cincy Post’ Shutting in 3 Weeks — How Staffers Spend Final Days – Editor & Publisher, Dec. 12, 2007
Many employees plan to get out of the journalism business.
Big Investor Tells Sun-Times Group To Cut More, Pay Execs In Stock – Editor & Publisher, Dec. 11, 2007
$1.8 billion plunge in shareholder equity has big hedge fund up in arms.
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