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.
Despite continuing weakness in revenue from its print operations, Torstar Corp. managed to boost its second-quarter profit.
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.
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 […]
From The Globe and Mail: Canada’s newspaper industry will see advertising and circulation revenue decline by almost 20 per cent over the next four years, according to a global study that suggests the market was worth $2.1-billion in 2012.
The president and publisher of Pacific Newspaper Group within Postmedia News, which operates the Vancouver Sun and Province newspapers, sent out a bluntly worded memo to staff asking for voluntary severances ahead of what would surely be a round of layoffs. But that wasn’t the only bad news transmitted by Gordon Fisher, reported the Globe […]
Citing a poor advertising market, the Globe and Mail announced today that it is offering full and part-time staff a chance to participate in voluntary buyouts.
From a Frank Rich column in New York magazine: A few weeks ago I ran into a staff writer in his early forties I know at the Washington Post, where layoffs, cuts in coverage, and management turnover have been particularly severe. As is typical in such encounters, we compared notes on the state of the […]
This made the rounds of Twitter Tuesday night. It’s a blog post by a 28-year-old woman who got the news bug in her teens, started a full-time reporting job in 2005 — but who quit the news biz to write for a public hospital (with health benefits and a pension plan). Here was Allyson Bird’s […]