DIVIDEND ROUNDUP.
*Dow Jones & Co. Inc.: The New York City company's board
of directors has declared a dividend of 25 cents per share, payable on
March 1 to owners of record as of Feb. 2.
*Journal Communications . . .
LORD BLACK SUES FORMER SEC CHAIR.
In another fun-filled week at Hollinger International Inc., the
Chicago newspaper company's former chairman and chief executive
last Friday filed a Canadian defamation suit against the . . .
SMALL WEEKLY, SMALL DAILY, WEB SITE SOLD.
Mergers and acquisitions still keep on coming (despite Bear
Stearns' analyst Kevin Gruenich's recent remark that the lack
of a clear direction for media cross-ownership has "nearly
frozen" the . . .
CLASS KICKING BACK IN? NATIONAL BACK FROM DEAD? Early January
reports at JRC, Lee, SSP give glimmer of hope.
Classified advertising -- the bane of of newspaper executives for
the last three years -- seems to be coming back. This week's
reports on the January results show that class had a little bump . . .
PERSONS.
Times turbulence: At the New York Times Co., Doreen Toben has been
nominated to the company's board of directors; Toben is the
executive vice president and chief financial officer of . . .
BLACK, BREEDEN DISAGREE IN TESTIMONY.
The former chairman of Hollinger International Inc. painted a
fairly innocent picture of himself last Friday during a trial in
Delaware Chancery Court, which contrasted with the portrait sketched . . .
GANNETT, MORRIS, DJ DO M&As.
Three deals were announced last week wherein two newspaper groups
swapped some papers, a provider of business information acquired a
database and newsletter company and whatever newspaper war there . . .
DENVER BILLIONAIRE BUYS SF EXAMINER.(San Francisco
Examiner)
In a striking move, the family that bought the San Francisco
Examiner from the Hearst Corp. for $1 -- and got not only the paper,
but a three-year $66 million subsidy to run it -- in turn sold . . .
CLASSIFIED MAKES MIDSIZE, SMALL-PAPER COMEBACK January results at
BLC, GCI, JRN, KRI, MEG, MNI, NYT, TRB give hope.
It has become more apparent this week that classified advertising
revenue (if not volume) is coming back at mid- and small-sized papers.
It is equally clear that papers in the larger markets are . . .
PERSONS.
All in the family: At The World Co. of Lawrence, Kansas, Dolph
Simons III has been named president of the newspaper division, while
his brother, Dan Simons, has been named president of the . . .
BRIEFS.
*Hitches in Hollinger's sale: As if enough lawsuits to choke a
thoroughbred horse at Ascot weren't enough, Hollinger honcho Lord
Conrad Black found himself unable to recommend his preferred method . . .
BUILDINGS BLOOM AND BOOM.
Dailies in New York City and Raleigh, N.C., said last week that
they would begin the process to build new offices for their staffs
within weeks or months.
The New York Times Co. said it . . .
M&As CONTINUE.
Small dailies, weeklies and magazines were on the menu as some
media companies divested themselves of properties, while others merged
or acquired them. The acquisitions ranged from the East Coast . . .
DJ HAS BAD NEWS, SOME GOOD IN JANUARY.(Brief Article)
Ad volume at Dow Jones & Co. Inc. was pretty good in January if
you only look at the company's weekly Barron's magazine or
its Ottaway Newspapers community publication division. . . .
DECEMBER, QUARTER, YEAR ARE PRETTY AWFUL FOR COMPANIES Last
reports in -- BLC, GCI, JRC -- show little improved business.
OK, they're all in -- the December reports, the fourth-quarter
reports and the year-end reports. Herewith are the latest winners (and
losers); my one-word assessment of the month, the quarter and . . .
PERSONS.(appointments of newspaper industry)
Executive suite: At the Washington Post Co., Christopher Schroeder
has been named vice president of strategy; previously he had been
publisher and chief executive of Washingtonpost.Newsweek . . .
BRIEFS.(news of the newspaper industry)
*Last Seattle salvo of 2003: The Seattle Times told the Washington
State Court of Appeals that its business partner -- The Hearst Corp. of
New York City, publisher of the Seattle . . .
SCAMMERS TARGET PUBLISHERS.(newspaper publishers are as
susceptible to confidence-game artists and scammers as anyone)
Newspaper publishers are as susceptible to confidence-game artists
and scammers as anyone, as two recent news stories illustrate.
In December, Texas' Austin American Statesman reported that . . .
PAPERS, UNIONS CONTINUE SKIRMISHES.(St. Louis Post-Dispatch,
Pittsburgh Post-Gazette)
An ongoing dispute between the Newspaper Guild and the St. Louis
Post-Dispatch took a new turn late last month, while last week the
publisher of the Pittsburgh Post-Gazette asked its nine unions . . .
HOLLINGER WOES CONTINUE: BLACK WON'T PAY; LAWSUIT Chairman,
advisor clash over initial $850,000 of promised refund.
Hollinger International Inc. continued in a downward spiral last
week, with the revelations of a lawsuit by a major investor and the
airing of a disagreement between the company's founder and a . . .
|
|