Media in the News

Los Angeles Times Orange County Facility Infested
At first glance I assumed this article was referring to the union members at our Costa Mesa Plant, but I assumed incorrectly. The facility is indeed infested, but by the four legged type of creature.

Rupert Murdoch Claims he's Not Interested in Buying the Tribune Company
Murdoch's purchase of the Tribune Company would add markets he currently does not control, so the speculation continues if he will make an offer for the company.

Deadline nears for new Tribune bids Subscription required
The auction for Tribune Company is expected to heat up as the deadline approaches for a new round of bids for the newspaper and television conglomerate.
Tribune’s bankers have asked for final offers for the company in mid-January, according to people familiar with the matter, in the hope of wrapping up a sale or restructuring of one of the largest US media groups.

Philadelphia Inquirer Says It Will Cut 20 Percent of News Staff
With its smaller staff, the Pulitzer Prize-winning Inquirer will focus more heavily on local and regional news as well as expand its presence online, Devine said. On Tuesday, the company unveiled its Phillycars.com Web site for car listings in the area, in part targeted at auto dealers.

Guild members may take the Strib's money and run
The abrupt sale of the Minneapolis Star Tribune to Avista Capital Partners the day after Christmas left many of the paper's employees wondering how soon they'd be shown the door. But a little-known clause in the paper's contract with union journalists suggests that its employees might have good reason to look for the door--possibly in droves.

Joel Stein's Article Generating Readership
In a brilliant move, Joel Stein, pens an article on not reading or caring what readers write regarding his stories. This man deserves a raise for all the traffic his story has generated at the newspaper.

ANG to outsource ad production to India
Dean Singleton's MediaNews Group is increasing the amount of graphic design work it is sending to India. In November, the Press Club reported that MediaNews would be outsourcing ad production at the Contra Costa Times to Express KCS in India.

Analysts Predict Another Record-Setting Deal Market in 2007
Media bankers, DeSilva & Phillips are predicting another record-setting deal year for 2007. But a recent survey by AdMedia Partners shows media executives are concerned that the number of sales may not be enough to meet the demand this year.

TIME PLANNING TO AX MOORE PEOPLE
CUTBACKS, 2007, now playing at a Time Inc. magazine near you. The latest casualty figure is 150 people - with the ax being honed and a decision possibly due from bosses like CEO Ann Moore in the next two weeks.

Enron and Newspapers
We are dismantling the institution of newspaper journalism precisely at the moment when it seems to be of greatest social value.

New York Times sells broadcast group for $575 mln
The New York Times Co. said on Thursday it sold its broadcast group, including nine television stations, for $575 million to private equity firm Oak Hill Capital Partners in order to concentrate on its newspaper business.