AAN News
MySpace Launches Self-Service MyAdsnew
Media Daily News |
10-14-2008 10:12 am |
Industry News
Creative Loafing Bankruptcy Battle 'Getting Testy'new
Atlanta Magazine's Steve Fennessy reports that during Wednesday's bankruptcy proceedings, Creative Loafing's lenders "fired a shot across the bow" at CEO Ben Eason, "saying in court papers that the bankruptcy filing was a gambit by Eason to preserve control of the company and 'dodge' the lenders' 'bargained-for rights to have a say in corporate governance.'" The lenders, Atalaya Funding and BIA Digital Partners, filed a motion (pdf) to reverse the earlier court injunction against them, which prevented them from seizing CL's assets. However, according to Washington City Paper, the judge struck down that motion on Wednesday. "It was a legal maneuver they were doing to get more control," Eason says. "When we filed the bankruptcy, there was a concern that Atalaya or BIA might use the collateral as a part of the bankruptcy to come in the backdoor and use the shares to basically foreclose on the shares and function as the board of directors." MORE: Former Creative Loafing (Atlanta) publisher Michael Sigman weighs in.
Atlanta Magazine | Washington City Paper |
10-10-2008 9:08 am |
Industry News
UBS Cuts Online Advertising Outlooknew
Online Media Daily |
10-10-2008 8:19 am |
Industry News
City Paper Files for 'Chapter 86 Content Bankruptcy Protection'new
Playing off of parent company Creative Loafing's recent filing for Chapter 11 bankruptcy protection, Washington City Paper says in a spoof news release and court filing that it has filed "voluntary petitions for content reorganization, citing diminished staff and the flagging confidence of its readers." The release notes that the paper "will continue to publish under court protection from its readers, who have wielded an unreasonable degree of power over the publication's future."
Washington City Paper |
10-09-2008 1:09 pm |
Industry News
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Boston Phoenix Staff is Up for Mustache Awardnew
The American Mustache Institute's (AMI) first ever "Robert Goulet Memorial Mustached American of the Year" contest recognizes "the most impactful Mustached American of the past year." Among this year's nominees are Bob Barr, Jason Giambi, and the staff of the Boston Phoenix. The alt-weekly made the cut for implementing "a mandatory mustache policy" earlier this year, and for its overall "commitment to the Mustached American movement." Voting will be open to the public until Oct. 17, and the winner will be announced Oct. 25.
American Mustache Institute |
10-09-2008 12:23 pm |
Industry News
Charles Gerencser Leaves Southland Publishing for the Obama Campaignnew
The executive publisher of Southland's Los Angeles CityBeat and executive vice president of sales for the chain's other AAN papers announced yesterday that he's leaving on Oct. 17 to join the Barack Obama campaign as a fundraiser and committee leader for California and Nevada. "As a life-long Republican I am seen as a crucial leader in the fight to win votes and raise money for the Senator amongst undecided Republicans and Independents, particularly in the States of Nevada and Colorado which are key Western battleground states," he wrote in an email to colleagues. Gerencser was also a member of the AAN Marketing Committee. As for life after the campaign, he notes that he's applied to two doctoral programs for admission as early as Spring 2009.
LA Observed |
10-09-2008 11:15 am |
Industry News
Layoffs Hit Las Vegas Weekly and The Village Voice
Facing a tough economic climate, two AAN members had to lay off several employees last week. The Las Vegas Weekly let go "a writer and an art staffer," as part of larger staff reductions by parent company Greenspun Media Group, the Las-Vegas Review-Journal reports. In addition, The Village Voice laid off two staff writers and a deputy copy chief, according to Pop + Politics.
AAN News |
10-08-2008 9:56 am |
Industry News
Internet Advertising Up 15.2 Percent In First Half 2008new
Online Media Daily |
10-08-2008 9:15 am |
Industry News
Washington City Paper Editor Talks More About the Changes to Comenew
In a conversation with D.C.-area public radio host Kojo Nnamdi about "the changing face of City Paper," Erik Wemple says that "perhaps a little too much has been made of" his previous comments on the fate of long-form narrative pieces in the paper. Those stories are "an incredible abyss of work," he says. "We could not really sustain that sort of investment, while at the same time feeding the website." However, he adds, "it's not as if we will stop doing long narrative altogether," it will just be less often. He also notes that long-form narratives often don't generate much web traffic, and that Creative Loafing has made the web a priority. "If we don't come up with models that push web traffic, we are dead, and I am out of a job," Wemple says.
WAMU-FM |
10-07-2008 8:58 am |
Industry News
How Local Media Feel the Recessionnew
Advertising Age |
10-07-2008 12:58 pm |
Industry News
Fort Worth Weekly Writer Finds Source Dead While Reporting Story
Jeff Prince was working on a story about a group of patients who were helping their doctor try to regain his medical license. The doc specialized in treating chronic pain and was the only professional in the area willing to prescribe drugs like oxycodone, so when his license was suspended his patients went without meds. One such patient was David Noblett, who sustained severe back injuries in the Vietnam war that gave him decades of agony. As Prince was wrapping up the story, he called Noblett at home to let him know he was coming over to snap a cover photo. But when Prince arrived 30 minutes later, he found Noblett slumped in a chair, dead. The doctor tells the Weekly that four of his patients have committed suicide since his license was suspended. Noblett's official cause of death won't be confirmed until the medical examiner's office does a toxicology report.
AAN News |
10-03-2008 9:57 am |
Industry News
Tags: Editorial, Fort Worth Weekly
Gambit Weekly Names New Editornew
Kevin Allman will take over as Gambit editor next week, replacing Clancy DuBos, who will remain on staff as political editor. DuBos co-owns the paper with his wife, publisher and CEO Margo DuBos, and is chairman of Gambit Communications Inc. "There are journalists in this country that would kill to be able to enterprise their own stories, work their own beats, and get the space they need to do their craft. They can do that at Gambit," Allman writes on his blog. "Now I get to join them, and I can't tell you how happy I am about that."
Gambit Weekly |
10-03-2008 9:26 am |
Industry News
Still More on the Creative Loafing Bankruptcy Filingnew
On Atlanta Magazine's blog, former Creative Loafing (Atlanta) staffer Steve Fennessy talks to Ben Eason -- who he calls "a tireless networker with a love of jargon" -- and a few worried staffers about this week's filing. Eason reiterates a few points he's been making to the press this week, and adds that, despite his web-first strategy, he doesn't envision a time when his publications don't produce actual newspapers. MORE: Read more from Creative Loafing's John Sugg, Washington City Paper's Angela Valdez, Gawker, and consultant Mark Potts.
Atlanta Magazine |
10-02-2008 12:31 pm |
Industry News
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Study: Online Ads Over Content Becoming More Acceptablenew
The Center for Media Research |
10-02-2008 9:19 am |
Industry News
Rising Cost of Newsprint Bedevils Papersnew
The production manager of the Santa Fe New Mexican says escalating paper prices are the result of last year's merger between major paper producers Abitibi and Bowater, the weak dollar and the increasing cost of the commodity used to make newsprint. Santa Fe Reporter publisher Andy Dudzik tells the New Mexican his paper is "absorbing" the price increases while "trying to be smarter about papers." (See Dudzik's comment by clicking on "Permalink/Comments" below.) He also says the Reporter recently started distributing in Albuquerque and the decision "has met with a favorable reception."
The Santa Fe New Mexican |
10-01-2008 12:26 pm |
Industry News
| Comments (2)
