Entries tagged "Journal Register"
A mere 14% of newspapers' costs arise from producing editorial content. For some, the cost imbalance is just the start of the problems.
With six newspaper publishers already in bankruptcy this year, earnings reports from E.W. Scripps and A.H. Belo indicate that at least two more could join them.
Newspapers have tried to adapt to the changing realities of the the news business by maintaining more blogs like this one, but their uphill climb may only be getting steeper. ...
People have tried to sound the death knell for newspapers for decades now, first with the advent of radio and then with the introduction of television. But newspapers always seemed to survive. Why? Because of something called classified advertising, those job, car and house listings in agate type. Newspapers had a monopoly on them, and classified ad lineage was a leading economic indicator. When it dropped, the economy was slumping. When it rose, it was rebounding. That monopoly always made newspapers a good bet -- a cash flow generator that would always be there, even if a little soft....
With newspaper publisher the Journal Register Co. slowly sinking toward bankruptcy, talk of the Gray Lady swooping in to save it is the talk of the town, if that town happens to be New Haven, Conn....
Facing a likely delisting from the New York Stock Exchange, newspaper publisher the Journal Register Co., which publishes 22 dailies and a myriad of weeklies, has hired Lazard to formally sell itself....
