David Carr of the New York Times observes that major U.S. media companies are bundling up their newspapers into separate divisions and leaving them to their fate.
Buzzfeed has been one of the great successes in online journalism, and now it’s about to take a US$50 million step forward courtesy of a venture capital firm.
Craig Silverman wrote an interesting blog post in which he lauds some major Canadian media players for getting off the fence and picking a strategic direction.
Despite continuing weakness in revenue from its print operations, Torstar Corp. managed to boost its second-quarter profit.
Saw this on Twitter today: Global News is offering buyouts to employees #cdnmedia #journalism #television — Tamara Baluja (@tamara_baluja) April 16, 2014 The #broadcast and #online graphics team at Global News will be consolidated. The memo I have doesn't say what this means for firing/hiring — Tamara Baluja (@tamara_baluja) April 16, 2014 Global News memo […]
Shrinking news revenues and shrinking newsroom headcounts continue to cast a shadow over the U.S. news industry.
Figures compiled by the Canadian Media Guild show losses of about 10,000 jobs across Canada (and job categories) in the past five years, reports Jan Wong, a professor of journalism at St. Thomas University in Fredericton, N.B., in J-Source.
From the Toronto Star: Journalist Jan Wong breached a confidentiality agreement with The Globe and Mail and must pay back an undisclosed severance payment, an arbitrator has ruled.
A continuing collapse in print revenues, coupled with anemic growth in digital revenues, combined to result in a $112-million quarterly loss for the Postmedia Network, the Globe and Mail reported.
News1130.com in Vancouver reports that up to 62 people from various departments of the Pacific Newspaper Group have accepted buyouts from the company, a division of Postmedia Network. The papers affected are the Vancouver Sun and its sister paper the Province. One notable name departing is investigative reporter David Bains, who made his name by […]