WSJ reports: “In a strategy shift, CNN, known primarily for national and international news, announced a deal that will allow it to offer more local news on its Web site and, it hopes, land a bigger slice of the fast-growing market for local online ads. The deal, with Internet Broadcasting, a privately held Minneapolis-based company
In April 2007, Yahoo! entered in an alliance with McClatchy for online advertising. Yahoo! already has an agreement with a consortium of 12 newspapers and the current deal represents more than 264 newspapers across 44 states. McClatchy has discarded its plans of setting up a similar online ad partnership with Gannett and Tribune and decided
AT the heels of his $13 Billion acquisition of Tribune, Sam Zell put his big foot in the mouth by saying: “If all of the newspapers in America did not allow Google to steal their content, how profitable would Google be?” Zell said during the question period after his speech. “Not very.” The statement shows
For those of you following my Newspaper industry coverage, here’s an interesting set of statistics:
Alan Murray writes in the Wall Street Journal: “Last weekend’s “Billionaires Bid for Tribune” headlines were enough to warm the hearts of us Dickensian scribes who still seek to make a living from impressions on wood pulp. Savvy Chicagoan Sam Zell sold much of his U.S. real-estate empire at the top of the market; could
Tribune Company accepted a bid from Sam Zell after the Chicago real-estate tycoon met the company’s demand for a higher offer to match one from Los Angeles billionaires Ronald W. Burkle and Eli Broad, The New York Times reported, citing a person close to the talks. Precise terms of the deal were expected to be
Tribune Company is a media and entertainment company engaged in publishing, interactive media and broadcasting. The Company is the only media organization with newspapers, television stations and websites in the nation’s top three markets and reaches out to approximately 80 percent of U.S. households. Tribune publishes 11 popular daily newspapers including Los Angeles Times, Chicago
I wrote several pieces on the newspaper industry: Newspapers, Roll Up, Newspapers, Wake Up, and the Pro-Am Debate. Gannett (GCI) publishes 90 daily newspapers, nearly 1,000 non-daily publications and 23 television stations in the US. In the UK, Gannett publishes 17 daily newspapers and around 300 non-daily publications. Gannett’s popular newspaper USA TODAY with a