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Newspapers Continue To Implode

Posted on Thursday, May 21st

Just yesterday, I wrote that newspaper advertising in the US still commands $35 million in ad spend. But the number is declining at a fast pace. My Future of Journalism piece recently discussed some of the alternative models that are emerging. Meanwhile, The New York Times Company (NYSE:NYT) seems to be one of the worst

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Newspapers Struggling: GCI, NYT, MNI

Posted on Monday, Dec 1st

Poor economic conditions are plaguing all industries and companies alike. In late October several newspaper stocks announced their Q3 results, and, as in Q2 of this year, all of them turned in a disappointing performance. Given that during Q3 viewership was up on account of the US presidential campaigns and the Beijing Olympics, the results were positively

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Deal Radar 2008: eHarmony Replacing Yenta

Posted on Sunday, Jan 27th

eHarmony is an online dating/matchmaking site that uses its patented Compatibility Matching System™ to match singles. In November 2004, eHarmony raised $110 million in a Series B round of financing from Sequoia Capital, Technology Crossover Ventures and Tuputele Ventures. It had earlier raised $3 million in Series A from Sarofim Fayez and Co.

Deal Radar 2008: Takkle Tackling Socially

Posted on Wednesday, Jan 23rd

Takkle is a social network for high school sports, where students, athletes, coaches, and fans share their passion. Takkle has a strategic alliance with Sports Illustrated. Takkle allows students to create their profiles and upload their stats, photos and videos for college recruiters. In November 2007 Takkle raised $7 million in venture funding led by

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Deal Radar 2008: LinkedIn Should Roll-Up Jobs

Posted on Tuesday, Jan 8th

LinkedIn is a professional business networking site founded by Reid Hoffman in 2003. It allows members to showcase their profiles and caters to the age 25-65 professionals demographic. It generates revenues via subscriptions and advertising. Recruiters use the site to tap talent, and is LinkedIn’s primary revenue generating segment. In 2003, LinkedIn secured $4.7 million

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Deal Radar 2008: Trulia Can Consolidate Real Estate

Posted on Friday, Jan 4th

It is raining cats and dogs. Electricity was out this morning and we just got it back. I am very behind in everything, including my writing. But here we go … Yesterday, we discussed the Kayak-Sidestep roll-up deal, and its implications on Google. Trulia is a real estate vertical search engine that could be a

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Web 3.0 & NYT (Part 1)

Posted on Monday, Oct 8th

Introduction The New York Times Company is a leading media company that publishes popular newspapers The New York Times, The International Herald Tribune, The Boston Globe and 15 other daily newspapers. NYT owns approximately 30 websites, including NYTimes.com, Boston.com and About.com. The Company’s revenues for 2006 were $3.3 billion. The Company has sold off its

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Web 3.0 & McClatchy (Part 5)

Posted on Friday, Oct 5th

Conclusion McClatchy is in the business of publishing newspapers, which is in turmoil due to the falling advertising and circulation revenues, and McClatchy is a victim of that trend. Falling real estate, auto, jobs and personal advertisements have resulted in the sharp fall in vertical classified revenues. McClatchy is trying to recover. The key reasons

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