Showing posts with label media business. Show all posts
Showing posts with label media business. Show all posts

Thursday, August 6, 2009

Oh the Woes of Bloggers

I found this humorous post on one of my favorite sites, gawker.com, about a Wall Street Journal story reporting on new blogger woes. Apparently, the unemployed are invading blogger home turfs: coffee shops with free wi-fi access. As Gawker eloquently puts it:
...places that used to be exclusively blogger wi-fi campgrounds have been infiltrated by the unemployed who are too poor to afford wi-fi in their apartments, so they have to go to coffee shops for internet access to look for jobs...
Luckily, I get to blog from my office. Internet access included.

(image via gawker.com)

Thursday, April 23, 2009

How Well Do the Media Cover NonProfit Issues?


NP Communicator, a blog published by Community Media Workshop (CMW), is conducting research on the future of local news in Chicago. The chart on the right is from a survey of selected keywords in Chicago Tribune and Sun-Times news articles over the years. (Click on the chart to enlarge it and see the keywords)

Tuesday, March 31, 2009

Sun-Times Files for Chapter 11


This morning, CNN.com reports that the company that owns the Chicago Sun-Times and 58 other newspapers filed today for Chapter 11 bankruptcy.

The Sun-Times joins other publications currently in bankruptcy, including the Chicago Tribune, while many others are on the brink.

“The significant downturn in the print advertising environment that has affected newspapers across the country has continued to severely impact us,” said Jeremy Halbreich, chairman and interim chief executive of the Sun-Times Media Group. “Unfortunately, this deteriorating economic climate, coupled with a significant, pending IRS tax liability dating back to previous management, has led us to today’s difficult action.”

Halbreich said the company would explore the potential sale of assets or new investment in the company to help it remain viable.


Wednesday, March 18, 2009

Cuts at Crain's

Crain's Chicago Business is looking at a company-wide 10% pay cut and three staff layoffs, reports Tribune’s Phil Rosenthal .

In happier news, Crain's columnist Greg Hinz joined Twitter yesterday - you can also read his newish blog.