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.
This entry was posted on Thursday, December 20th, 2007 at 7:55 am and is filed under Advertising, BusinessModel, Circulation, Classifieds, Layoffs, NewMedia, Newspapers, OnlineMedia. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.