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Saturday, May 17, 2008
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Goldman Sachs: Newspapers in January off to a 'lousy' start The newspaper companies that reported January numbers didn't catch observers off-guard with double digit declines in advertising revenue. In a note issued by Goldman Sachs, lead analyst Peter Appert wrote that the January results are "not surprisingly lousy." Post-Gazette, unions tentatively reach pact on big cuts The Pittsburgh Post-Gazette has reached tentative contracts with bargaining units from its 11 different labor unions, lifting a cloud of uncertainty surrounding the future of the 220-year-old newspaper. |
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News of the newspaper industry Star Tribune to cut newsroom budget 10% Star Tribune Editor Nancy Barnes has been told she will have to cut $2.5 million, or about 10%, from the annual newsroom budget, a Newspaper Guild local official said Friday.
Guild President Foley concedes defeat to challenger Lunzer Newspaper Guild President Linda Foley conceded defeat to challenger Bernie Lunzer, who reportedly won the guild presidency with 55.8% of the vote, according to final returns.
Senate votes to roll back media ownership rule The Senate Thursday night voted to nullify a Federal Communications Commission rule that allows media companies to own a newspaper and a television station in the same market.
East Bay papers set union election Battle viewed as test case for labor Editorial employees at the Oakland Tribune, Contra Costa Times and other East Bay newspapers will decide June 13 whether to unionize the publications, a battle viewed by some as a test case for organized labor in the rapidly shrinking newspaper industry.
Star Tribune looks to trim budget by $20 million The union representing some 1,200 newsroom and other employees at the Star Tribune says the newspaper's owners are looking for $20 million in annual budget cuts.
MediaNews Group Bay Area papers to vote on unionization Less than two weeks after MediaNews Group employees at nine newspapers outside San Francisco petitioned to unionize, a union vote date has been set.
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© 2006 Peoria Newspaper Guild |