AAN News
Times-Shamrock Managers Take Pay Cutnew
The families that own and operate the Scranton-based company have taken a 10 percent haircut, and other managers in the chain will see their salaries decline by 3 to 5 percent. Co-publisher and CEO Scott Lynett tells AP that the deteriorating economy forced the company to make cuts, which also include employee buyouts at four of its papers in Pennsylvania. Times-Shamrock owns five AAN papers: Baltimore City Paper, Detroit's Metro Times, Orlando Weekly, San Antonio Current and Cleveland's Scene.
The Associated Press via Editor & Publisher |
03-05-2009 11:05 am |
Industry News
Publisher Sioux Watson Discusses the Independent Weeklynew
Watson talks with WUNC-FM's Frank Stasio about her long tenure at the North Carolina alt-weekly and the current state of the business. "We were in existence for about 16 years before we made a profit," she says of the Indy, which was launched in 1983. Now, though, Watson says that the paper is financially healthy, all things considered. "When you can compare notes with [other alt-weeklies], we're doing pretty well," she says. She attributes the Indy's resilience in part to the local economy's relative health and also to the leanness of the organization. With only about 30 staffers, she says the paper "can kind of turn on a dime when we see we need to tighten our belt."
WUNC-FM |
03-05-2009 9:04 am |
Industry News
Creative Loafing Cuts Executive Compensationnew
Starting in April, the six-paper chain will cut executive compensation by five to 15 percent, Washington City Paper's Erik Wemple reports. On a conference call today, COO Kirk MacDonald said that he and CEO Ben Eason will take the 15 percent cut and that others -- including publishers, sales executives, and top editors -- will get more moderate slices. Wemple is glad he didn't have to implement another round of layoffs. "This approach makes way more sense," he writes. "No depressing discussions with the staff today!" MORE: The Chicago Reader and Creative Loafing (Tampa) weigh in.
Washington City Paper |
03-04-2009 12:43 pm |
Industry News
Despite Downturn, Local News Sites Are Doing OKnew
David Westphal checks in with eight local news websites across the country to see how they're doing financially. "So far they're hanging tough. Business hasn't fallen much, if at all, and most are instituting expansion plans," he writes. "If they're a barometer, community news sites have some resiliency to them."
Online Journalism Review |
03-02-2009 10:00 am |
Industry News
City Pages Will Run Daily Webcast from Local Radio Legendnew
Last week, City Pages announced that it was bringing longtime local radio host TD Mischke on to host a webcast streaming live on its website for two hours every weekday. Along with the daily web broadcast, Mischke -- who brought his own advertisers into the deal -- will screen original videos on citypages.com and publish a weekly column in the paper. MinnPost's David Brauer says the deal "show[s] how old and new media can be woven together."
City Pages |
02-24-2009 1:16 pm |
Industry News
Survey: Fewer Than Half Of Marketers Use Online Metricsnew
Marketing Daily |
02-23-2009 8:57 am |
Industry News
More on Former Metro Pulse Owner's Offer to Buy Creative Loafingnew
Earlier this month, Knoxville, Tenn.-based real estate developer Brian Conley told Atlanta magazine he'd offered $13.3 million for the six-paper chain. Conley said the offer was based on cash flow estimates submitted last fall by CL in the company's bankruptcy proceedings, but CEO Ben Eason tells Metro Pulse that there was no such estimate submitted by his company. "Frankly, none of us has any idea what he's referring to," Eason says. "It sounds like he does not have a good enough handle of our plan to be making some of the comments he's been making."
Metro Pulse |
02-20-2009 12:39 pm |
Industry News
Metro Pulse Parent Company Implements Pay Cutsnew
E.W. Scripps Co. exempt employees will see a 5 percent pay cut and the salaries of nonexempt employees will decline by 3 percent. The cuts also include a suspension of the company's 401(k) match and a freeze of the Scripps pension plan. The pay freezes are expected to last for at least a year.
The Knoxville News-Sentinel |
02-20-2009 8:28 am |
Industry News
Port Folio Weekly's Print Edition to be Suspendednew
As part of ongoing cost-cutting by its parent company, the 26-year-old alt-weekly will publish its last print edition next week. Its website will remain, and the paper may resume publishing when the economy improves, according to Maurice Jones, president and publisher of the Virginian-Pilot, which owns Port Folio. The Pilot is also laying off 30 employees, including some at Port Folio.
The Virginian-Pilot |
02-19-2009 9:11 am |
Industry News
Small Local Businesses Not Keeping Up With Online Presencenew
Though 63 percent of consumers and small business owners turn to the internet first for information about local companies and 82 percent use search engines to do so, only 44 percent of small businesses have a website and half spend less than 10 percent of their marketing budget online, according to new research from Webvisible and Nielsen.
The Center for Media Research |
02-13-2009 8:25 am |
Industry News
AAN CAN Contest: Win a Weeklong Caribbean Trip for Two
Attention sales reps! The top AAN CAN seller between Feb. 9 and April 30 will win his or her choice of a trip to an all-inclusive Caribbean resort or a Caribbean cruise. The winner must meet the individual goal of at least $7,500 of new AAN CAN advertising sold during the contest period. Check out this PDF for more details and contest rules. Each week AAN is also paying $100 to the top salesperson in dollar
volume placing paid AAN CAN advertising that week. In addition, the AAN CAN media kit was recently updated with current information on regional and national rates, participating papers, and circulations. You can download it here.
AAN |
02-11-2009 2:03 pm |
Association News
Survey: Marketers Cutting Costs, Reducing Budgetsnew
Marketing Daily |
02-11-2009 8:45 am |
Industry News
Village Voice Media Execs Talk Web Strategy
VVM's digital publishing strategy has been in the news quite a bit lately, whether it was the company's partnership with a social-networking site or its use of Digg to help drive traffic to its stories. Chief operating officer Scott Tobias and web and digital operations director Bill Jensen spoke with AAN News this week about where the paper is going with web publishing. They tell us that digital is a growth area for VVM, both in terms of pageviews and revenue, and they talk about new projects like geo-targeted ads and a national food website.
(FULL STORY)
AAN News |
02-10-2009 4:28 pm |
Industry News
Online Marketing's Bright Spot: In-Text Adsnew
Fortune |
02-09-2009 12:00 pm |
Industry News
Memphis Flyer Cuts Salariesnew
Editor Bruce VanWyngarden reports that employees at Flyer parent company Contemporary Media, Inc. are taking four or eight percent pay cuts, and that the company is suspending its 401(k) matching program. "The cuts are intended to be temporary and will be reevaluated at the end of the second quarter," VanWyngarden writes.
The Memphis Flyer |
02-06-2009 9:58 am |
Industry News
