NEWS OF THE INDUSTRY
East Bay papers to consolidate, cut 20% of news staff
As newspapers nationwide struggle to evolve viable business models, Bay Area News Group said Tuesday it will consolidate 11 local newspapers in the East Bay into two regional newspapers and lay off 8 percent of the staff. (Guild Note: Although the press release didn't point this out, the layoffs eliminate about 20 percent of the East Bay editorial staff.)
What readers want to read next
We'd all like to know what comes next. That can be a spiritual quest, a political one, or in the case of news publishers, one that would help them know what it is readers who land on their site would like to read next.
McClatchy second-quarter profits, revenue fall
The McClatchy Co. today reported lower profits and revenue in the second quarter, as The Bee's owner continues to struggle with a weak economy and structural changes in the newspaper industry.
The Newsonomics of Netflix
Netflix CEO Reed Hastings says he is surprised that customers weren't more upset with Netflix's digital shift. After all, he expected more upset, in his role as a pioneer, early in the game of forcing the digital shift.
Times Company posts loss on write-down
The New York Times Company reported on Thursday an overall loss in the second quarter as print advertising continued to struggle, dragging down growth in online advertising.
Sun-Times Media, Chicago Tribune enter into print production contract
The Chicago Tribune will begin printing the Chicago Sun-Times and seven of its suburban sister newspapers under an agreement announced Tuesday.
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