BRIEFS.(Birmingham News Co., plans to to build an office
building)(The Spokane Spokesman-Review on job cutting spree)
*Analysts pessimistic about ads: Research reports by stock analysts
released last week say that whatever gains that have been made by the
newspaper business in classified advertising have been . . .
INDEPENDENTS TO VOTE ON TELEGRAPH.(Telegraph Group Ltd., to be
sold or not?)(Brief Article)
In an attempt to sidestep any potential veto by the company's
largest shareholder, Hollinger Inc., last Friday said that it would
delegate voting on the sale of the company's Telegraph Group . . .
ADVERTISER SUES TRIBUNE CO.
Though not naming any newspaper specifically, a Chicago retailer
last Thursday filed suit against Tribune Co., alleging that its papers
have defrauded advertisers.
Olympic Carpet Inc. filed an . . .
YOUTH PAPERS BORN IN MADISON, BOULDER.(E.W. Scripps Co.,)(Lee
Enterprises Inc.,)
Publishers in Wisconsin and Colorado said in separate statements
last week that they intended to start new publications aimed at younger
readers.
The paper in Boulder, published by The E.W. . . .
JOURNAL REGISTER BUYS MICHIGAN PAPERS FOR $415M Oakland, Macomb,
two other dailies, and 87 non-dailies sold by Shepherd.(Journal
Parlaying a lifetime of newspaper experience -- as well as some
Wall Street capital when it was needed -- Frank Shepherd last week
turned a 1997 investment of about $300 million into a cash deal . . .
PERSONS.(Clarion-Ledger appoints John Craft)(Evansville Courier
Company Inc. appoints Jack Pate)(San Francisco Chronicle appoint
Gannettoids: At Gannett's Clarion-Ledger in Jackson, Miss.,
John ("Mike") Craft has been named president and publisher;
previously he was publisher of The Times in Shreveport, La. Earlier in
his . . .
HLR SELLS LONDON PAPER, CHICAGO BUILDING.(Hollinger International
Inc., Press Acquisitions Ltd.)
While it wasn't a fire-sale or anything, Hollinger
International Inc., last week off-loaded two of its more valuable
assets, the Telegraph Group Ltd., of London, and the building that has
housed . . .
CIRCULATION SCANDAL STENCH PERSISTS.
Journalists at daily newspapers, alternative weeklies and magazines
kept the story of circulation inflation on the front burner last week,
while the newspaper industry in general squirmed.
. . .
COURT SAYS TV-PAPER OWNERSHIP OK.
Side-stepping a bullet, the newspaper industry breathed a sigh of
relief last week when the U.S. Third Circuit Court of Appeals in
Philadelphia affirmed that the Federal Communications Commission . . .
TOP EXECS CAUTIOUS, YET OPTIMISTIC, ON SECOND QUARTER Mid-Year
Media Review talks seek to reassure stock analysts, investors.
It was difficult to find a negative report among those given at the
Mid-Year Media Review, which was held last Tuesday and Wednesday in New
York City. The annual event -- which heretofore had been . . .
PERSONS.(Rome News-Tribune, Ashland Times-Gazette, Times of
Northwest Indiana)(Brief Article)
Editors: At Georgia's Rome News-Tribune, Charlotte Atkins has
been named editor; previously she had been metro editor of the Columbus
Ledger-Enquirer. A Rome native, earlier Atkins spent a decade . . .
LABOR WOES ACROSS THE COUNTRY.
Newspapers in New York City, Baltimore, Allentown, Pa., and St.
Louis have all been at odds with workers over layoffs, pay and benefits
and in the last few weeks, all have had to deal with the . . .
PAPERS INFLATE CIRCULATION FIGURES.
In a one-two punch last week, both Hollinger International's
Chicago Sun-Times and Tribune's Newsday admitted that they have
overstated circulation figures over the last few years.
The . . .
HELP-WANTED LEADS CLASSIFIED REVENUE JUMP May at BLC, GCI, KRI,
LEE, MEG, MNI, NYT, PTZ: almost all see gains.
With the final May numbers of the publicly traded newspaper
companies in, things continue to look good on the ad revenue front,
especially in classified and frequently in employment classified. . . .
PERSONS.(Meshed brief)
Executive suite: At the Community Newspaper division of Freedom
Communications Inc. of Irvine, Calif., Julie Moreno has been named vice
president for the Pacific Region; she will continue as . . .
INTERNET ADS TOTAL $2.3 BILLION IN Q1.(Brief Article)
An industry trade association said last week that advertising
dollars spent on the Internet in the first quarter nearly totaled $2.3
billion, which is a 38.9-percent increase over the first . . .
SNA/NNA PUBLIC POLICY COALITION.(Suburban Newspapers of
America)(National Newspaper Association)
Two of the leading trade groups that represent smaller newspapers
-- the National Newspaper Association and the Suburban Newspapers of
America Inc. -- said last week that they would join forces to . . .
DJ, REUTERS, IN INTERTWINED DEALS.(Dow Jones and Company
Inc.)(Brief Article)
In the arena of tangled webs that are woven by competitors, last
week Dow Jones & Co. Inc., Reuters Group Plc., and Thomson Corp.
made two announcements that show just how closely the three . . .
LONDON TOP OF THE POPS AT HLR.(Hollinger International
Inc.)
After weeks and weeks of examination of its assets by potential
buyers, Hollinger International Inc. said on Thursday that it would
"focus the strategic process on a potential sale of assets in . . .
NEWSPAPER COMPANIES FIND EXPANSION THROUGH WEEKLIES KRI,
MediaNews recent buyers of weeklies near dailies.
While Knight Ridder said last week that it was acquiring a group of
weekly papers that cluster around its Minnesota paper, the Duluth News
Tribune, six new weeklies have been launched in . . .
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