According to SmartMoney.com, Private Capital Management – Knight Ridder’s largest shareholder, has urged KR to put itself on the auction block. In a letter to Knight Ridder’s board dated Tuesday, PCM Chief Executive Bruce Sherman said a sale should be pursued aggressively, “in light of limited revenue growth across the newspaper industry and the difficulties […]
Cagle has a lengthy posting on his “blog” about how editors view editorial cartoons. There seems to be a natural friction between the “picture people” and the “word people” who are troubled by those powerful pictures. A famously unnamed editor at The New York Times is quoted as saying, “We would never hire an editorial […]
The Association of American Editorial Cartoonists has changed the management group that handles administrative services for the association. The Pennsylvania Newspaper Association took over the role as of yesterday. Effective November 1, Nicholson will hand over the reins of the AAEC to the Pennsylvania Newspaper Association (PNA). PNA was signed to a 3-year management contract […]
According to Editor and Publisher The Post Dispatch has cut nearly 12% of its news staff through a voluntary buyout. Nearly 12% of the St. Louis Post-Dispatch news and editorial staff has accepted a voluntary buyout that the paper claims will save it up to $7 million a year, according to a story in Tuesday’s […]
Bad news for those who make their living in the newspaper industry. Media Daily News: IT’S OFFICIAL: 2005 WILL BE the newspaper industry’s worst year since the last ad industry recession. And things aren’t looking much better for next year either, according to a top Wall Street firm’s report on newspaper publishing.