Thursday, March 27, 2008

Journal Register Co. Stock Price
Sinks Below Cost of a Daily Newspaper

Journal Register Co. stock price sinks below cost of a daily newspaper

It's now cheaper to buy a share of Journal Register Co. than its daily newspaper in Lorain, Ohio, The Morning Journal.


Is Yahoo the right fit for newspapers?

Wall Street calls Microsoft's generously priced but unwelcome bid for Yahoo Inc. a "bear hug" -- but will it be newspapers who get squeezed? Some of the newspaper industry's new-media gurus think so. No matter who wins, they say, the fight will distract Yahoo at a crucial time in the rollout of its next-generation online ad tools for the 600-plus papers in the newspaper consortium.

Hollinger Inc. to relinquish control of Sun-Times Media Group in litigation settlement

Conrad Black's former holding company will relinquish control of the parent company of the Chicago Sun-Times under a settlement announced late Tuesday by Sun-Times Media Group (STMG).


Fitch to Tribune: Sell, Zell, sell

Tribune Co. Chairman Sam Zell's new senior management team and cost-cutting measures are unlikely to outrace deteriorating revenue, making the sale of assets like the Chicago Cubs -- and perhaps The Los Angeles Times and Newsday -- all the more critical, Fitch Ratings Service said in a report issued Tuesday.


Lawyer says fired Santa Barbara newspaper workers should be reinstated

A federal labor lawyer argued Monday that eight workers fired from the Santa Barbara News-Press should be put back on the job immediately because they are likely to prevail in their case claiming they were improperly fired for union activity.

[ChainLINKS]

> Sam, the viagra man
> Newspaper for Sale?
> Newspapers Aren't Dying
> Register Star offers buyouts to employees
> CNET lays off 120, 10 percent of U.S. workforce
> Zev on planning and the Los Angeles Times
> These are not the salad days of American newspapers

[Ed Padgett]

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