Journalism & Newspapers

McClatchy quarterly results and forecast show more stormy weather … – Poynter (blog)

Saturday, July 22, 2017

As expected, McClatchy today reported some encouraging gains in several of its digital businesses but a big second quarter loss – $37.4 million on revenues of $225 million. The report also included an ominous forecast with implications for the rest of the industry – deep print advertising losses are not expected to ease in the second half of this year. For McClatchy in the quarter, print advertising was off 15.6…

Chicago Fights To Remain 2 Newspaper Town As Labor Groups Buy ‘Sun-Times’ – NPR

Saturday, July 22, 2017

AUDIE CORNISH, HOST: Chicago is still a two-newspaper town. That distinction was in doubt until a group of investors bought the struggling Chicago Sun-Times last week. The move kept the parent company of the Chicago Tribune from taking over the Sun-Times. The new owners include local labor unions, which raises questions about whether the Sun-Times will begin to lean further left. Here’s NPR’s David Schaper. DAVID SCHAPER, BYLINE: With so…

McClatchy quarterly results and forecast show more stormy weather ahead for newspaper organizations – Poynter (blog)

Friday, July 21, 2017

As expected, McClatchy today reported some encouraging gains in several of its digital businesses but a big second quarter loss – $37.4 million on revenues of $225 million. The report also included an ominous forecast with implications for the rest of the industry – deep print advertising losses are not expected to ease in the second half of this year. For McClatchy in the quarter, print advertising was off 15.6…

Newspaper publisher McClatchy Co. reports Q2 loss, but growth in digital business – MarketWatch

Friday, July 21, 2017

Newspaper publisher McClatchy Co. MNI, -3.34% reported second-quarter earnings before the market opened on Friday and said digital-only subscribers grew nearly 14% from the previous year’s first quarter. The company reported a net loss of $37.4 million, or $4.91 per share for the second quarter, compared with…

Ex Trump associates helped fugitive Kazakhs in visa scheme – McClatchy Washington Bureau

Friday, July 21, 2017

Two former associates of Donald Trump helped a family of wealthy Kazakh fugitives make extensive investments in the United States, some aimed at helping family members obtain legal residency here, a McClatchy investigation shows. Felix Sater, an ex-con and one-time senior adviser in the Trump Organization, helped the Trump family scout deals in Russia. He led an effort that began in 2012 to assist the stepchildren of Viktor Khrapunov, who…

McClatchy reports second-quarter loss; digital advertising continues growth – Sacramento Bee

Friday, July 21, 2017

Amid continued growth of digital advertising revenue, McClatchy today reported a net loss of $37.4 million in this year’s second quarter. Sacramento-based McClatchy, publisher of The Sacramento Bee and 29 other newspapers, said a significant portion of the quarterly loss included an after-tax noncash impairment of $28.8 million on the carrying value of the company’s interest in CareerBuilder LLC and other equity investments. McClatchy’s stake in CareerBuilder also had a…

Culture secretary keeps Rupert Murdoch waiting over Sky deal – The Guardian

Thursday, July 20, 2017

Rupert Murdoch’s bid to take over Sky has been dealt a blow after the culture secretary said she needed more time to deliberate before calling in the competition regulator after being inundated with tens of thousands of submissions opposing the £11.7bn deal. Karen Bradley said she had hoped to be able to make a final decision on whether to ask the Competition and Markets Authority (CMA) to investigate the deal…

The Power of Diverse Voices: The Poynter Minority Writers Workshop – Poynter (blog)

Thursday, July 20, 2017

Opinion writing plays a vital role in explanatory, features and watchdog journalism, and is important in a thriving democracy. This four-day seminar, funded by the Association of Opinion Journalists, will foster the diversity of voices necessary in the profession and train the next generation of opinion writers from a wide spectrum of backgrounds. The seminar will focus on fact-based opinion writing — and using social media to spark a conversation…

Journalism is a public service. Why don’t we fund it like one? – Columbia Journalism Review

Thursday, July 20, 2017

Via Pixabay LOCAL NEWS IS IN DIRE STRAITS. In a quest for profit, publishers have gutted newsrooms and hollowed out coverage of local communities. As the industry struggles to build the business model of the future, it’s missing an opportunity to embrace a funding mechanism that can enshrine journalism as a public service: the special service district. The United States currently hosts more than 30,000 special service districts, which fund…

Republican teams with Democrat to save ‘Dreamers’ – McClatchy Washington Bureau

Thursday, July 20, 2017

South Carolina Republican Sen. Lindsey Graham and Illinois Democratic Sen. Dick Durbin plan to re-introduce a version of the long-stalled DREAM Act, hoping to provide a lifeline to young immigrants who are likely to lose their special protected status because of a court challenge from Texas and nine other states. “We’re working on it,” Graham said Monday. “We’ll see.” Graham said they’re still working out the details, but those familiar…

Why Twitter should boot President Trump – Poynter – Poynter (blog)

Thursday, July 20, 2017

Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. Twitter will surely never ban President Trump from tweeting. Should it? Wired magazine makes the case it’s totally justified – and falls short. It writes, “The case for banning Trump from Twitter goes something like this: He consistently violates the site’s terms of…

Journalism is a public service. Why don’t we fund it like one? – Columbia Journalism Review

Thursday, July 20, 2017

Via Pixabay LOCAL NEWS IS IN DIRE STRAITS. In a quest for profit, publishers have gutted newsrooms and hollowed out coverage of local communities. As the industry struggles to build the business model of the future, it’s missing an opportunity to embrace a funding mechanism that can enshrine journalism as a public service: the special service district. The United States currently hosts more than 30,000 special service districts, which fund…

Republican teams with Democrat to save ‘Dreamers’ – McClatchy Washington Bureau

Thursday, July 20, 2017

South Carolina Republican Sen. Lindsey Graham and Illinois Democratic Sen. Dick Durbin plan to re-introduce a version of the long-stalled DREAM Act, hoping to provide a lifeline to young immigrants who are likely to lose their special protected status because of a court challenge from Texas and nine other states. “We’re working on it,” Graham said Monday. “We’ll see.” Graham said they’re still working out the details, but those familiar…

Journalism and Digital Platforms – HuffPost

Thursday, July 20, 2017

Remember, this was at the height of Iraq War craziness, in the first term of George W. Bush’s presidency. We were lampooning, needling, provoking, and criticizing not only President Bush but Bill O’Reilly, Sean Hannity, and the rest of the conservative bloviators. Al Franken was our flagship but we also featured Randi Rhodes, Janeane Garofalo, and a then-unknown radio news reader from New Hampshire named Rachel Maddow. All the shows,…

Tories refuse to deny Rupert Murdoch role in Michael Gove’s cabinet return – The Guardian

Thursday, July 20, 2017

The government has refused to deny that Rupert Murdoch asked Theresa May to reappoint Michael Gove to the cabinet or face a bad press in his newspaper titles, insisting that cabinet roles are selected on “merit and experience”. Tom Watson, the deputy Labour leader, wrote to May last month to inquire whether Murdoch had sought any influence over cabinet appointments and Gove’s future. In the government’s response, Damian Green, the…

The one race where Trump’s Putin problem might hurt the GOP – McClatchy Washington Bureau

Thursday, July 20, 2017

Deepening controversy around the Trump campaign’s Russian ties is barely registering in the early stages of competitive congressional races around the country. But if there’s one place where investigations into Moscow’s support for Donald Trump might matter, it’s in Republican Dana Rohrabacher’s California district— the increasingly competitive Orange County seat held by a man who can’t stop defending the Kremlin. From Rohrabacher’s vocal defenses of Donald Trump Jr.’s meeting with…

Tories refuse to deny Rupert Murdoch role in Michael Gove’s cabinet return – The Guardian

Wednesday, July 19, 2017

The government has refused to deny that Rupert Murdoch asked Theresa May to reappoint Michael Gove to the cabinet or face a bad press in his newspaper titles, insisting that cabinet roles are selected on “merit and experience”. Tom Watson, the deputy Labour leader, wrote to May last month to inquire whether Murdoch had sought any influence over cabinet appointments and Gove’s future. In the government’s response, Damian Green, the…

Republican teams with Democrat to save ‘Dreamers’ – McClatchy Washington Bureau

Wednesday, July 19, 2017

South Carolina Republican Sen. Lindsey Graham and Illinois Democratic Sen. Dick Durbin plan to re-introduce a version of the long-stalled DREAM Act, hoping to provide a lifeline to young immigrants who are likely to lose their special protected status because of a court challenge from Texas and nine other states. “We’re working on it,” Graham said Monday. “We’ll see.” Graham said they’re still working out the details, but those familiar…

State’s newspapers bucking trend toward chain ownership – Press Herald

Wednesday, July 19, 2017

In less than two weeks, one man will own four of Maine’s seven daily newspapers and more than a third of its weekly newspapers. Reade Brower’s announcement Monday that he will buy Sun Media Group, the company that publishes Lewiston’s Sun Journal and a host of weekly newspapers, comes as sales and ownership consolidation are increasingly common in the industry around the nation. Brower already owns MaineToday Media, which publishes…

Journalism is a public service. Why don’t we fund it like one? – Columbia Journalism Review

Wednesday, July 19, 2017

Via Pixabay LOCAL NEWS IS IN DIRE STRAITS. In a quest for profit, publishers have gutted newsrooms and hollowed out coverage of local communities. As the industry struggles to build the business model of the future, it’s missing an opportunity to embrace a funding mechanism that can enshrine journalism as a public service: the special service district. The United States currently hosts more than 30,000 special service districts, which fund…