Half of the local and regional newspapers in the United Kingdom will close by 2013, an expert witness told a House of Commons Committee.
Claire Enders, of Enders Analysis, predicted a 52 per cent drop in advertising revenue for UK newspapers between 2007 and 2012, according to a report in the Guardian.
Continue Reading Half of UK newspapers doomed: analyst
The feud between cable companies and conventional broadcasters masks the fact that both industries are headed for trouble, writes Kelly Toughill. The battle is over $300 million in carriage fees, but the war is about who will pay for “all the old-fashioned stuff”: broadcasters, cable and internet companies, taxpayers or consumers.
Continue Reading Carriage fees are just the beginning
National Post publisher Gordon Fisher announced the end of Monday publication just as the Financial Post concluded a five-part series touting the future of newspapers.
Continue Reading National Post kills Monday publication
Media outlets may be slashing jobs, reducing pages and shrinking expectations, but not all the news is bad at Canadian media companies, says Kelly Toughill. A glance through year-end reports finds some surprising reasons for optimism.
Continue Reading Good news in bad times
CTVglobemedia cut jobs at The Globe and Mail, shut down morning news shows and threatened to abandon whole stations after earning an operating profit of 9.7 per cent in 2008.
Continue Reading CTV: operating profits and job losses
Tough times for newspapers are not just bad for journalists, they are bad for society. Former Toronto Star publisher John Honderich suggests five models for rescuing public interest journalism in an era of revolutionary change.
Continue Reading Five solutions for Canadian journalism
A summit of U.S. newspaper publishers produced grim news last week, with one expert saying that the industry is in the fourth stage of a five-stage process toward dissolution. Corporate CEOs and publishers gathered in Chicago for a one-day, closed-door meeting convened by the American Press Institute Nov. 13. Editor and Publisher has the full story.
Continue Reading Publishers’ summit: newspapers officially in crisis
Readers around the world flocked to their local newsstands Wednesday for their copy, or rather copies, of history – their local newspapers blasting the news that Barack Obama is the next President of the United States. Philip M. Stone reports in followthemedia.com
Continue Reading Newspapers surge on election editions
The latest report from the Audit Bureau of Circulation shows U.S. newspaper circulation declined 4.6 per cent in the six months ending in September, 2008. The report covers 507 daily newspapers. Declines were worst in large cities, but even quality titles such as the New York Times were not immune to the trend.
Continue Reading Newspaper circulation decline speeds up in U.S.
Hope for struggling newspaper companies and discouraged journalists came from an unlikely quarter this week.
Lauren Rich Fine was the most powerful media-stock analyst on Wall Street for more than a decade. She built her career telling newspapers how to maximize profits to boost share price, then retired a year ago. Thursday she delivered an unusual message:
Make less money. Get off the stock exchange.