AAN News
Report: Marketers Will Pay More for Reader Data Than for Advertisingnew
The advertising broker and technology firm Pontiflex says in a recently released report that marketers will pay publishers an average price of $2.27 for each reader that fills out a form with their name, email address and other bits of personal information. "That hefty price suggests publishers should consider abandoning cheap ads sold for guaranteed prices and should instead try to use space on their web pages to convince readers to turn over their personal information," Forbes' Evan Hessel writes.
Forbes |
08-26-2009 12:36 pm |
Industry News
Glenn Beck Uses Alt-Weekly to Attack White House Green Jobs Czarnew
After calling President Barack Obama a "racist" who "has a deep-seated hatred for white people," Beck has lost dozens of advertisers on his Fox News TV show as a result of an ad boycott organized by the advocacy group Color of Change. Now he's attacking the group's founder, White House green jobs czar Van Jones, by calling him an "avowed communist." Beck's charge stems from a 2005 East Bay Express cover story on Jones, but staff writer Robert Gammon notes that Beck conveniently "ignores the rest of the Express profile on Jones' career and how he became a facilitator and conciliator who fought for the environment." MORE: Think Progress has responses from the White House and Color of Change.
East Bay Express |
08-26-2009 10:12 am |
Industry News
Tags: Management, East Bay Express
Creative Loafing Political Editor Leaves for University Positionnew
Wayne Garcia, the man behind the "Political Whore" column and blog, announced yesterday that he has accepted an appointment as the Freedom Forum Visiting Professional at the University of Florida's College of Journalism and Communications. He will teach investigative journalism and editing. Garcia says he's already started working on campus while he finishes up a few projects at Creative Loafing.
Creative Loafing (Tampa) |
08-26-2009 8:41 am |
Industry News
Movie Theater Chains Cut Print Show Times, Point Folks to Webnew
The two largest American theater chains have begun in recent months to reduce or eliminate movie time listings in newspapers, directing consumers to their websites or third-party sites instead. A representative from the Newspaper Association of America (NAA) says that by removing these paid ads, the theater chains are taking away something important to readers. "For a reader, some things that are ads are actually considered news," NAA vice president of advertising Mort Goldstrom says. "Ads for concerts and things at clubs, for restaurants and movies -- that's a reason people read."
The Associated Press via the San Francisco Chronicle |
08-26-2009 8:31 am |
Industry News
Older Users, Not Teens, Driving Twitter's 'Explosion in Popularity'new
The New York Times |
08-26-2009 9:38 am |
Industry News
Sony Unveils its New E-Readernew
Marketing Daily |
08-26-2009 8:43 am |
Industry News
Tags: Electronic Publishing, Management
Creditor Gains Control of Creative Loafing
At today's equity auction, federal bankruptcy judge Caryl E. Delano gave control of Creative Loafing, Inc. to the company's largest creditor, Atalaya Capital Management. Atalaya's all-cash bid of $5 million won out over Creative Loafing CEO Ben Eason's bid of $2.32 million in cash and other securities. The deal is expected to close within 10 days. We've got a roundup of all the news here.
(FULL STORY)
AAN News |
08-25-2009 12:22 pm |
Industry News
Auction for Creative Loafing Gets Underwaynew
Creative Loafing (Atlanta)'s Thomas Wheatley is in Tampa covering the proceedings. He reports that CL CEO Ben Eason's opening bid was $2.3 million, including $825,000 cash and the rest in "in-kind contributions." Atalaya Capital Management countered by bidding $5 million in cash.
Creative Loafing (Atlanta) |
08-25-2009 11:31 am |
Industry News
Control of Creative Loafing Up for Grabs in Court Todaynew
Today's equity auction should be the culmination of nearly a year of bankruptcy court proceedings for the six-paper company. Creative Loafing (Atlanta) is reporting that creditor Atalaya Capital Management is trying to disqualify the other bid for the company, which has been put together by CL CEO Ben Eason. Atalya, calling Eason's bid "facially incomprehensible," is arguing that the sources for contributions included in Eason's bid "are not clear." Meanwhile, the Chicago Reader reports that Atalya managing partner Michael Bogdan has been calling CL publishers to assure them the hedge fund doesn't want to run the company into the ground. On the call to Chicago, Bogdan was joined by former Los Angeles Times editor James O'Shea, who would become a CL board member if Atalya wins control of the company. O'Shea tells Michael Miner that Atalya would make former Des Moines Register president Richard Gilbert interim CEO upon taking over.
Creative Loafing (Atlanta) | Chicago Reader |
08-25-2009 8:55 am |
Industry News
WhitePages.com Expanding Directory Services & Featuresnew
Online Media Daily |
08-25-2009 9:07 am |
Industry News
Sen. Sanders Explains Anti-Alt Remark and (Kind of) Apologizesnew
Seven Days founder and co-editor Pamela Polston reports that Vermont Sen. Bernie Sanders reached out to her last week regarding the senator's recent inaccurate statements about the alt-weekly industry. "Bernie let me know that his office sends out 'hundreds' of releases every day and that 'I don't always read them carefully,'" Polston writes, noting that Sanders was a little defensive and thought AAN was making too much of his offhand remarks, given Sanders' work on media reform issues. "It was clear Bernie wasn't going to provide a written apology to AAN, but he did offer this: 'If I have offended anyone in the alternative media, I'm sorry for that.'"
Seven Days |
08-24-2009 11:08 am |
Industry News
Chicago Reader Media Writer Reflects on Covering Creative Loafingnew
"Creative Loafing's bankruptcy is just one more media story to follow, along with the Sun-Times Media Group's bankruptcy and the Tribune Company's bankruptcy," Michael Miner writes. "But CL's is the story I'm part of." He explores the difficulties of "reporting on your own house" as a media writer, and explains why he kept news of Reader layoffs off his blog for four days -- and didn't name any of the departing staffers -- just days after he had broken news of layoffs -- with names -- at Chicago Public Radio. "I have no explanation that will satisfactorily answer this question," he writes. "The fancy one I'll retreat to is one word long: epistemology. You see, it's not simply what journalists know that matters to us but also how we happen to know it. I knew what happened at WBEZ because I got a tip and worked the story; I knew about the Reader because it's home."
Chicago Reader |
08-24-2009 9:10 am |
Industry News
Study: Local Advertisers Continue Migrating to Digitalnew
Media Daily News |
08-24-2009 9:47 am |
Industry News
Two Alt-Weekly Leaders Talk About Their 'Local First' Effortsnew
Joe Grafton, the executive director of Somerville Local First, interviews East Bay Express publisher Jody Colley and Austin Chronicle editor Louis Black for a piece in Boston's Weekly Dig about the local movement across the country. Colley talks about the campaign she organized last year that encouraged alt-weekly readers across the country to do their holiday shopping locally, and Black discusses the "symbiotic" relationship the Chronicle has with the local business community. Grafton has posted fuller interview clips of both of them on his Shift Across America blog.
Boston's Weekly Dig |
08-21-2009 2:21 pm |
Industry News
Bids for Creative Loafing Are In and Bidders Will Get Details Todaynew
Yesterday was the deadline for interested parties to submit their bids for Creative Loafing, Inc. to a bankruptcy court judge. According to a document filed yesterday, all bidders will be provided with the details of opposing bids by noon today. UPDATE (1:50 pm): Creative Loafing (Atlanta) is reporting that Eason's team and creditor Atalaya Capital Management will be the only two bidders at next Tuesday's auction.
Creative Loafing (Atlanta) |
08-21-2009 10:38 am |
Industry News
