As somewhat of a media junkie with subscriptions to more magazines and newspapers than I can get through some months, I try to not add to the pile with superfluous titles. But my pile of monthly reading material grew a bit larger recently after reading the first issue of Portfolio, Conde Nast’s new business magazine. [...]
In today’s Star Tribune, it was reported on the front page of the business section that Dolan Media, a publisher of business, court, and commercial publications around the country, had filed a registration statement with the SEC for an initial public offering of its stock. This is the first such filing for a Minnesota-based company [...]
For anyone in the Twin Cities interested in contemporary art, Midway Contemporary Art is hosting its RAID party this Saturday night with a live and silent auction featuring young, emerging artists from around the country. It is an excellent party featuring incredible artists, and all proceeds benefit Midway, a 501(c)3 non-profit organization. For ticket information [...]
As more daily newspapers report first quarter numbers, it has become clear that the decline in real estate classified ad sales has impacted every region of the country. And not only is the decline substantial, it has dealt a crushing blow to the financial performance of the nation’s largest newspaper companies. The decline of roughly [...]
Gannett, The New York Times, and Tribune all reported weak first quarter numbers in the last few days. In each case, the publishers cited a cooling housing market as the primary reason for the poor results, as real estate classifieds tumbled during the period. While the results are not surprising at all, the anemic performance [...]
The Wall Street Journal reported this morning that online ad revenue for newspapers has slowed dramatically from a year ago. The New York Times warned last week that growth in online ad sales will fall short of its earlier projections, and Tribune reported that Q1 web ad revenue fell sharply from a year ago. Other [...]
The Minneapolis Star Tribune announced recently that it will be outsourcing 25 ad design jobs to India in an effort to reduce some costs. While the move has generated the customary attacks from unions and local media (”This is the Minneapolis Star Tribune. Do you want it to be the New Delhi Star Tribune?” quoted [...]
In an excellent post entitled ‘Yahoo’s Coup,’ from ‘Reflections of a Newsosaur,’ Alan Mutter clearly articulates why the recent wave of print-web partnerships in the classified space so heavily favor the online side of the equation. Yahoo!, with its growing coalition of over 260 newspapers around the country, for example, is obtaining a massive, local [...]
I received an article from a colleague today that was probably the source for Jim Cramer’s musings last night on Mad Money that Monster is for sale (see my post from last night). The article was written by David Shabelman of the Daily Deal on April 13th. In the article, Shabelman observes that in naming [...]
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