Friday, June 12, 2009

Friday June 12 -- Got news or an update?

If you have news or an update, leave it in comments.
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14 comments:

Anonymous said...

Judge allows papers to hire special counsel
By Harold Brubaker

Inquirer Staff Writer

Philadelphia Newspapers L.L.C. won a victory in federal court yesterday when Judge Eduardo C. Robreno partially overturned a Bankruptcy Court order and said the company could hire special counsel to represent it in the investigation of an unauthorized recording.

Robreno stopped short, however, of saying the owner of The Inquirer, the Philadelphia Daily News, and Philly.com could hire Blue Bell law firm Elliott, Greenleaf & Siedzikowski P.C. to investigate the Nov. 17 taping of a meeting between the company and its creditors by Vincent DeVito, an executive with CIT Group Inc., a key lender.

http://www.philly.com/philly/business/20090611_Judge_allows_papers_to_hire_special_counsel.html

Anonymous said...

Sun News announces reorganization plan
by Sun Newspaper staff

Plans to reorganize Sun Newspapers, including elimination of some papers, consolidation of others and [a reduction in employees,] was announced today.

President and Chief Executive Officer Keith Mathis gave details of a 60-day reorganization plan for the company, a subsidiary of Advance Publications in New Jersey.

"We're going to focus on the papers with the strongest financial and community support and some that we feel have potential for growth," Mathis said.

Anonymous said...

San Diego News Shoot-Out
Forbes
by Dirk Smill

As a newspaper monopoly crumbles, unorthodox upstarts storm the marketplace. Welcome to the future of journalism.

If you want a glimpse of what local news may soon look like in big cities with shrinking newspapers, head to San Diego. Here you'll find a Web news venture that gives writers a cut of the ad money created by their own stories; another whose nonprofit founders raise money from readers to buy laptops for their reporters; and a third venture which, in spite of the $10 million it nets each year, faces a very uncertain future.

All three are vying for the attention of 3 million San Diegans, an affluent-skewing population living in neatly landscaped suburbs and large beachfront properties. The area is rife with biotech startups and defense contractors. San Diego is California's second-largest city, yet it's a one-newspaper town whose newspaper is faltering. Ad revenue at the San Diego Union-Tribune has dropped 40% since 2006.

Anonymous said...

The corrupt media covers every move of the whack-o Cindy Sheehan, but will we see coverage of the phony messiah and the "The Party of Know." ?
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-Hundreds protest Obama's visit (to Green Bay)-

WLUK-TV ^ | 6/11/2009
GREEN BAY - Organizers said about 1,000 people lined the east side of Packerland Drive Thursday morning to protest President Obama's stop in Green Bay. Stretching four blocks long, the protest parked itself along the motorcade route between Austin Straubel Airport and Green Bay Southwest High School. Most of the protestors were part of a grassroots movement that calls itself "The Party of Know." Jerry Bader, a conservative talk show host on WTAG 1360, helped organize the rally. Most protestors said their purpose Thursday was to let President Obama know just exactly how they feel about a government backed healthcare.

Anonymous said...

Potential Globe buyers emerge

Three Boston businessmen - a Boston Celtics owner, a former advertising mogul, and a member of the family that ran the Globe for generations - have emerged as prominent potential buyers of the Globe, according to people knowledgeable about their interest in the city's leading daily.

Actively mulling bids for the newspaper, according to these people, are Stephen Pagliuca, a private equity executive and Celtics co-owner; Jack Connors, cofounder of a major advertising firm and chairman of Partners HealthCare; and Stephen Taylor, a former Globe executive and member of the family that sold the Globe to the New York Times Co. in 1993.

Anonymous said...

The Globe could probably make a decent profitable business by shedding all their newspaper distribution, and package instead and sell ground up newspaper (cellulose insulation for attics), rolled up newspaper (sold to dog trainers), and probably 10 more applications.

They could still employ the same writers; they don't care that nobody reads the artical-editorials anyways.

Anonymous said...

Why do Right Wing nuts always prevail in this blog?

Obama and Bush are not in the Newspaper Industry.

Lets talk about the management and all that they did to creek the industry.

That is a whole other book.

Anonymous said...

Because we do not allow left wing moonbats to control the discussion like they do in most newsrooms.

Anonymous said...

7:26 AM Damn, that was what I was going to say.

Anonymous said...

Because we do not allow left wing moonbats to control the discussion like they do in most newsrooms.
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Indeed.

Anonymous said...

A suggestion: Bump the Rachel Maddow post to the top. There's some very entertaining comments and it's the best read of the day.

Anonymous said...

Last Friday there was discussion that SACBEE circulation would hold a mandatory meeting on monday morning. Anticipating a change how circulation was handled. Has there been an update on what occurred at that meeting?

Anonymous said...

AS PREDICTED.........Some more layoffs and job outsourcing positions going on in Fort Worth this month...........Look out India, here come the Accounting job tasks.

Anyone else losing more staff headcount?

Anonymous said...

As a former McClatchy employee, I used to frequent this site to learn more about the company and its painful demise. Now it has just morphed into a whacko right-wing hate blog. If I want news about Palin, I'll check the bottom of my shoe and see what I picked up.