Not surprisingly, there’s been a ton of news of late surrounding the daily newspaper industry, but the summary of it all is that as bad as things are for the dailies, these businesses are incredibly gifted at finding new, imaginative ways to make things even worse.
• Newspaper revenues are down 29%, and papers around the [...]
The tectonic shifts transforming the media and advertising landscape have always been fascintaing to me a stand as one of the central areas of focus of this blog. And while the earthquakes and volcanos along the fault lines are worthy of the headlines they grab, I am equally intrigued by the smaller events and more [...]
I’ve been saying for months that we have entered the final chapter of the daily newspaper story, and if there was any doubt as to the validity of that proclamation, those doubts were erased today when the Seattle Post-Intelligencer announced today that it will be abandoning its printed publication and moving entirely online. It is [...]
It has to be the case that the New York Times is reading this blog. The story they ran yesterday on the front page was my #1 prediction for 2008. Either that or they’ve been reading Alan Mutter’s blog, or tweets from themediaisdying or any of the other countless blogs, articles, industry analysts, pundits, experts, [...]
In the great horse race to see which large U.S. city will first lose its daily newspaper altogether, Denver has now taken a quantum leap forward into the frontrunner pack with the announcement today that EW Scripps is shuttering the Rocky Mountain News. While the city still has the Denver Post, that paper is in [...]
In December of 2007, I made some predictions for 2008, one of which centered around a major metro market in the U.S. losing its daily newspaper altogether. While the timing may have been a little early, there is little doubt that it will come true in 2009. The only question that remains is which city [...]
While everyone knew that it was only a matter of time, it is still remarkable to witness the incredible, rapidly accelerating decimation taking place in the daily newspaper industry. Like watching the demolition of a Las Vegas casino from the 50’s, the countdown on setting off the explosives laced throughout the daily newspaper industry has [...]
It was only a matter of time. The Star Tribune declared bankruptcy last night, ‘filing a voluntary petition under chapter 11 of the U.S. Bankruptcy code.’ Following the Chicago Tribune’s similar announcement last month, it was the 2nd major metro daily to file bankruptcy in the past 6 weeks, and more will undoubtedly follow. Seattle [...]
I don’t know how many steps are left to go, but the Minneapolis Star Tribune definitely took a step closer to bankruptcy this week as negotiations broke down between its labor unions and management. The company has essentially been there for some time since it has defaulted on its debt, but my guess is that [...]
In looking at the pile of headlines to catch up on regarding the daily newspaper industry, it’s obvious that December was another horrendous month for the daily newspaper business. Unfortunately, it’s going to be even worse in 2009 for them. But here’s one last pile of stories for 2008…
• The Seattle Times is freezing non-union [...]