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NEWS OF THE INDUSTRY
Newspaper workers attend 'somber' meeting on job future Hundreds of employees at Hawaii's two largest newspapers gathered for what was described as a "somber" meeting Sunday night. With their jobs up in the air, workers met with union leaders to get the latest on the newspaper shakeup that was announced a little more than a week ago.
Honolulu Unions rally employees Workers from six unions at the two-hour meeting heard their leaders exhort them to press hard for a contract by the time the deal is consummated, and to take a strong stand to preserve their jobs.
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Gannett aiding competitor in sale of Honolulu Advertiser? Gannett Co. Inc. and Oahu Publications Inc. (OPI) have reached an agreement for OPI to acquire The Honolulu Advertiser and its related assets, including its Web site, non-daily publications, and Gannett's interest in Hawaii.com -- but a report this weekend by the Advertiser is suggesting the smaller party in the deal is getting some help to do so. Pioneer Press overlords emerge from bankruptcy with nice payday In a blistering six weeks, Denver-based Affiliated Media -- the holding company for MediaNews Group, which owns the Pioneer Press -- has emerged from Chapter 11 bankruptcy.
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MORE NEWS OF THE INDUSTRY
Murdoch's grumpy agenda in N.Y. news war George H.W. Bush, who parachuted to safety when his Navy aircraft was shot down in World War II, marked his 75th, 80th and 85th birthdays by jumping out of planes for the fun of it.
Tribune Co. creditors sue banks over buyout A group of Tribune Co. creditors sued the banks behind the Chicago-based publisher's 2007 leveraged buyout, saying the $8 billion in loans they arranged for the deal doomed it to bankruptcy.
MediaNews Group holding company cleared to exit bankruptcy A U.S. Bankruptcy Court judge approved Affiliated Media Inc.'s prepackaged reorganization plan Thursday, clearing the way for the MediaNews Group holding company to emerge from Chapter 11 protection.
Why we have a hard time thinking of Yahoo as a news company Carol Bartz runs one of the top three news sites on the web...and doesn't, well, like the news. In a rambunctious interview with CNBC on Tuesday, Bartz celebrated Yahoo's 15th anniversary and found herself asked a lot of tough questions by CNBC's Lunch Break team.
MEDIANEWS BANKRUPTCY Affiliated Media responds to objection, says Chapter 11 delay would hurt business Any delay in confirming the bankruptcy plan of Affiliated Media Inc. -- parent of Denver Post publisher MediaNews Group Inc. -- will hurt the company's business, its chief financial officer warned in a court filing.
Tasini? Tasini! A blast from another century Justice, or at least the courts, does grind exceedingly slowly. Today, the Supreme Court gave its (final!) approval to the $18 million settlement between publishers and writers seeking compensation for the digital use of their work, which has been written for...print.
Murdoch confirms Wall Street Journal getting NYC edition News Corp. Chairman Rupert Murdoch confirmed the worst-kept secret in the newspaper industry Tuesday afternoon: The Wall Street Journal is launching a New York Edition next month.
Zippy the Pinhead axed -- along with 21 other Denver Post comics Nothing fires up newspaper readers like changes to the comics section. That's something former Rocky Mountain News editor John Temple acknowledged in "The Funnies Aren't Funny Anymore," our 2007 state-of-the-art critique.
More objections filed in MediaNews Group parent's bankruptcy case Two more objections were filed Monday in U.S. Bankruptcy Court in connection with the pre-packaged reorganization plan offered by Affiliated Media Inc., parent of Denver-based newspaper chain MediaNews Group Inc.
FT will use PayPal for daily, weekly payments The Financial Times first started talking about a web "pay-per-view" model back in August. Last month, it confirmed a "day pass" will be added to its annual subscription.
A CJR survey finds that magazines are allowing their Web sites to erode journalistic standards Speaking as a card-carrying member of the old media, it has been my observation that virtually every magazine (old media) now has a Web site (new media, a.k.a. digital media), and that the proprietors of these sites don't, for the most part, know what one another are doing.
NYT Co. shares soar on Carlos Slim buy rumor he denies Shares of The New York Times Co. spiked more than 11 during trading Monday, spurred on by a rumor that Mexican billionaire Carlos Slim was looking to buy the company.
Gannett Co. is ending the wage freeze at its newspapers, U.S Community Publishing (USCP) President Bob Dickey announced Monday.
David Black, the majority owner of the Honolulu Star-Bulletin, says he and its other owners considered closing the paper last year -- but decided instead to make what turned out to be a successful offer to buy the rival Honolulu Advertiser from Gannett Co.
It's not first time Gannett gave up fight For some, the impending sale of The Honolulu Advertiser to the owner of its smaller, money-losing rival, The Honolulu Star-Bulletin, has striking similarities to a deal that involved The Advertiser's owner nearly 20 years ago in Little Rock, Ark.
News left workers shocked, confused Journalists in The Advertiser's newsroom quickly went to work yesterday to post news of Gannett Co.'s sale of the daily newspaper on www.honoluluadvertiser.com, then began the task of covering the biggest story of the day, which just happened to be about their employer.
AP Gateway: Learning from AP Mobile AP Mobile -- the news app for the iPhone, Blackberry and Android -- have seen more than 3.5 million downloads, a success of a sort (Tetris: 100 million paid downloads), as AP tried for first time to create one big aggregated product, its own content and that produced its member papers. National advertising revenue's been small, and local advertising -- to be sold by member papers -- never took off.
Gannett selling Honolulu Advertiser to rival Star-Bulletin The parent company of the Honolulu Star-Bulletin on Thursday announced it was purchasing longtime rival The Honolulu Advertiser, the largest newspaper in Hawaii. Oahu Publications Inc. said it will acquire the Advertiser, its Web site, non-daily publications and an interest in Hawaii.com from Gannett Co. The Advertiser, one of Gannett's larger newspapers with a daily circulation of 130,000, was founded in 1856 and purchased by Gannett in 1993. |
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