A lightning round of layoffs took place at Wendy McCaw's [Santa Barbara] News-Press on Thursday morning with as many as 16 employees of the troubled paper receiving pink slips.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.
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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).
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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.
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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.
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