AAN News

Judge Allows Ben Eason to Retain Control of Creative Loafingnew

The bankruptcy court judge refused to grant a motion by lender Atalaya to give it ownership of the company yesterday, Creative Loafing (Tampa) reports. Judge Caryl E. Delano ruled that CL's reorganization plan should proceed, and that it was too early into the case to say the plan won't work. On a second part of Atalaya's takeover motion, the judge scheduled the final evidentiary hearing for Jan. 21, and a Jan. 26 hearing has been set to review CL's proposed reorganization plan.
Creative Loafing (Tampa)  |  12-19-2008  3:52 pm  |  Industry News

Huffington Post Poaches Concert Previews from Other Sitesnew

HuffPo's Chicago site "straight stole our entire Bon Iver Critic's Choice," reports the Reader's Whet Moser. "They didn't ask permission." He notes that the "read the whole story here" link at the bottom of HuffPo's page is pointless: "(T)hat is the whole article, dumbass." This aggregation-gone-wild led Moser to check the other concert previews on the Chicago site, and he reports that "there's a whole list of concert previews from us, Time Out Chicago, Centerstage, and the Onion's Decider," reprinted in full. MORE: Gambit Weekly's Kevin Allman, the San Francisco Bay Guardian's Steven T. Jones, and Gawker's Ryan Tate weigh in.
Chicago Reader  |  12-19-2008  12:03 pm  |  Industry News

Creative Loafing Files Reorganization Plannew

Creative Loafing (Tampa) political editor Wayne Garcia says the plan, filed Monday in the company's Chapter 11 bankruptcy proceedings, makes the case for keeping the company in the hands of CEO Ben Eason. "The Debtor believes retention of existing senior management and existing publishers, editors, directors of shared services and key online personnel are vital to successful implementation of this strategy as the markets are shifting very quickly at this time," the plan reads. CL also filed a 10-year financial forecast and an analysis of how much the company would bring if it were liquidated. Read more from Atlanta Magazine's Steve Fennessy.
Creative Loafing (Tampa) | Atlanta Magazine  |  12-17-2008  11:52 am  |  Industry News

The Stranger Publisher Talks About the Web & the Future of Newpapersnew

In a round table discussion with representatives of other Seattle news organizations, Tim Keck discusses how The Stranger fits in to the transformation of the news business. He says that 2007 was the paper's best year ever, and '08 was slightly down due to the tanking economy. While he says that The Stranger has "probably three times the number" of online readers, he notes that print circulation hasn't dropped that much either. "The media compan[ies] that can navigate different mediums [are] going to be the ones that survive," Keck says. "The thing that really moors them is no longer the medium -- a print publication -- it's going to be the community and the brand."
The Seattle Channel  |  12-15-2008  1:32 pm  |  Industry News

Study: Mobile Will be Leading Web Gateway by 2020new

Online Media Daily  |  12-15-2008  10:55 am  |  Industry News

Study: Online Ad Clutter Hurts Ad Effectivenessnew

Burst Media surveyed more than 4,000 web users in order to better understand how clutter impacts their experience and perception of advertisers. 75.5 percent of the respondents who remain on a site they perceive to be cluttered said they pay less attention to ads appearing on its pages. Nearly 30 percent of those surveyed said they leave a site immediately if they perceive it to be cluttered.
Online Media Daily  |  12-12-2008  9:16 am  |  Industry News

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