AAN News
Dan Savage to Host AltWeekly Awards Luncheon
The Stranger's editorial director and
syndicated sex columnist has been tapped
to reprise his role as host of the AltWeekly Awards Luncheon at this year's AAN
Convention.
(FULL STORY)
AAN |
04-01-2009 1:44 pm |
Association News
Arkansas Times Institutes Temporary Pay Cuts for Some Staffnew
Publisher Alan Leveritt said yesterday that about a third of the 41 people who work at the Times and the company's other publications will see temporary pay reductions of 4-7 percent starting next month. Lower paid employees were exempt from the cuts. The paper says it also recently laid off a receptionist and converted a full-time job on El Latino, its Spanish language weekly, to part-time.
Arkansas Times |
04-01-2009 8:25 am |
Industry News
Ben Eason Retains Control of Creative Loafingnew
Judge Caryl E. Delano has ruled in the CL CEO's favor, denying major creditor Atalaya's motions to take control of the company, Wayne Garcia of Creative Loafing (Tampa) reports from the courthouse. Though Eason will retain control, the judge is suggesting mediation for the two sides to come up with a mutually compatible reorganization plan instead of using the one put forth by Eason earlier in the bankruptcy proceedings.
Creative Loafing (Tampa) |
03-31-2009 3:04 pm |
Industry News
Online Ad Growth Slowed To 11 Percent In 2008new
Online Media Daily |
03-31-2009 12:06 pm |
Industry News
More on the Los Angeles CityBeat Closurenew
"I had a great morning today," CityBeat publisher Will Swaim told L.A. Weekly on Friday. "I came to work and hurled in the 'executive bathroom,' brushed my teeth and made the announcement." Swaim and senior editor Matt Fleischer both say there hadn't been any chatter about the paper closing in the last few weeks, and there wasn't any discussion of making CityBeat biweekly or online-only. MORE: The Los Angeles Times says the paper's closure "will -- at least temporarily -- silence more critical voices on arts and entertainment in Los Angeles."
L.A. Weekly | Los Angeles Times |
03-30-2009 8:43 am |
Industry News
Austin Chronicle 'Continues to Thrive' by Staying Localnew
The alt-weekly has revenue of approximately $8.5 million a year, has not laid off anyone and has no plans to do so, New York Times columnist David Carr reports. He says that part of why the paper has been successful is because of its ties to the community. "The Chronicle is knit into civic and cultural life in Austin to a degree that may make other newspapers nervous," Carr writes.
The New York Times |
03-23-2009 10:51 am |
Industry News
Ruling Expected Soon in Creative Loafing Bankruptcy Casenew
After hearing more testimony yesterday on whether CEO Ben Eason should retain control the six-paper chain or if it should be turned over to its biggest creditor Atayla Capital Management, Judge Caryl Delano Delano said she will ask both sides to submit written closing arguments, which she will mull over for several days before making a ruling. MORE: Read dispatches from former CL employees Ken Edelstein and Alex Pickett.
Creative Loafing (Tampa) |
03-18-2009 8:45 am |
Industry News
Forecast: Digital Ad Spend Only Bright Spot for Local Medianew
BIA Advisory Services and the Kelsey Group predict that U.S. local ad revenues will continue to decline through 2013. The only segment that is expected to grow in the next four years is local interactive, which includes mobile, local search, online verticals and classifieds, voice search and email marketing. BIA and Kelsey are forecasting revenue growth in that sector from $14 billion in 2008 to $32.1 billion in 2013.
The Center for Media Research |
03-17-2009 12:32 pm |
Industry News
Missoula Independent Publisher Launches Outdoor Magazine
In May, Matt Gibson plans to launch and edit Montana Headwall, a quarterly lifestyle magazine focusing on the state's outdoor recreation scene. Initial plans call for a distribution of 10,000 copies. Most copies will be free of charge but the magazine will cost $4.95 at certain locations like supermarkets and bookstores.
(FULL STORY)
Missoula Independent Press Release |
03-17-2009 9:46 am |
Press Releases
PEJ: Alt-Weeklies 'Hardly Immune' to News Industry Strugglesnew
In its annual State of the News Media report, the Project for Excellence in Journalism says that alt-weeklies had a tough year in 2008, citing the Creative Loafing bankruptcy, among other things. The report says that alts in large markets "showed signs of stress" because "advertisers are finding alternatives to the alternatives," but notes that many alts in smaller markets seem to be weathering the economic storm.
The Project for Excellence in Journalism |
03-16-2009 10:42 am |
Industry News
Nielsen: Ad Market Dropped 2.6 Percent in '08new
The overall ad market was off despite the summer Olympics and record amounts spent on political advertising, Nielsen reports. Local newspapers saw a 10.2 percent drop, and display internet ads were off by 6.4 percent.
Media Daily News |
03-16-2009 9:25 am |
Industry News
Creative Loafing CEO Testifies in Bankruptcy Proceedingsnew
Ben Eason testified yesterday during a hearing to determine whether he will be able to maintain ownership of the six-newspaper chain or if it will be handed over to CL's largest creditor. According to Wayne Garcia, much of Eason's testimony related to the digital transformation of CL and the struggles of the print publishing industry. On Tuesday, CL's chief financial officer and its valuation expert are scheduled to testify. The judge will then rule on who gets control of the company, Garcia reports.
Creative Loafing (Tampa) |
03-13-2009 1:27 pm |
Industry News
Willamette Week Introduces Cost-Cutting Measuresnew
The Portland, Ore., alt-weekly was the latest to announce company-wide salary reductions yesterday. Effective March 16, staff pay will be reduced by 8 percent, while owners Mark Zusman and Richard Meeker will reduce their own pay by 25 percent. The move was made to keep the paper profitable for the balance of 2009. At the same meeting, Meeker, who is WW's publisher, announced that this week's paper was the largest since November and that ad sales for the spring appear ahead of budget.
Willamette Week |
03-13-2009 8:54 am |
Industry News
Creative Loafing Back in Bankruptcy Court Todaynew
Atalaya Capital Management said in court this morning that if it assumed control of the six-paper chain, it would continue to operate the newspapers "as a going concern" and put more money into the company rather than sell it off, Wayne Garcia reports. Atalaya, CL's biggest creditor, is seeking to wrest ownership of the company from CEO Ben Eason because it has "lost confidence" in his management. MORE: Later in the day's hearing, an expert on valuation testified that CL's value as a company had dropped more than $7 million in the three months after it declared bankruptcy. CL will make its case in court on Thursday.
Creative Loafing (Tampa) |
03-11-2009 1:27 pm |
Industry News
Craigslist Claims Fewer Adult Ads Due To New Listing Requirementsnew
Online Media Daily |
03-11-2009 10:03 am |
Industry News
