Diggings

A blog by Toby Dayton

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Archive for February, 2011

Impending Death Of The Dailies? Most Are Walking Zombies

It’s funny how things work sometimes. During a recent conversation, I made the comment that the newspaper most at risk from the launch of Rupert Murdoch’s The Daily (Newscorp’s very well-executed daily newspaper released specifically for the iPad) was USA Today. Low and behold, a MinnPost article today is reporting that Gannett is exploring the [...]

More Newspaper Bankruptcies

From ‘Newspapers & Technology’ Dateline newsletter: 2 more publishers file for bankruptcy protection American Community Newspapers Inc.’s bankruptcy could cost Gannett Co. Inc. hundreds of thousands of dollars. Gannett’s printing group, owed $273,000, was listed as ACN’s largest unsecured creditor, according to the filing. ACN filed for bankruptcy protection April 28, citing a weak advertising [...]

Monday’s Headline Round-up: Gannett Struggles, New Jersey Star Ledger Slashes Newsroom Staff, Craigslist Gets More Credit Than They Deserve, JetBlue Jumps On Advertising Bandwagon

Once again, the number of stories to write about has outpaced my ability to keep up. So here’s a quick list of a few stories from the past week or two… 1) Even with an increase in TV advertising revenue due to the Olympics and heavy politcal advertsing, Gannett’s net income for the 3rd quarter [...]

Daily Newspaper Death Spiral Accelerating

The pace of news about the decimation of the daily newspaper industry is accelerating, and the picture is getting uglier and uglier every week. Among the recent stories, McClatchy is freezing wages, Gannett is reducing headcount by 1,000, and JCPenney and Kohl’s both announced plans to drastically cut back their newspaper circular advertising. Cox Enterprises [...]