Media Watch News
Big Papers Continue to Lose Circulation
The New York Times lost more than 150,000 copies on Sunday. Circulation on that day fell a whopping 9.2% to 1,476,400. The paper's daily circulation declined 3.8% to 1,077,256.
CBS News, Katie Couric May Part
After two years of record-low ratings, both CBS News executives and people close to Katie Couric say that the "CBS Evening News" anchor is likely to leave the network well before her contract expires in 2011.
Weather Channel Has Lost Its Way
“The Weather Channel had great promise, and that’s all gone now because they’ve made every mistake in the book on what they’ve done and how they’ve done it and it’s very sad,” the channel's founder said.
More Americans Turning to Web for News
Nearly 70 percent of Americans believe traditional journalism is out of touch, and nearly half are turning to the Internet to get their news, according to a new survey.
Might Google Buy the New York Times?
In the last five years, the New York Times has declined in value by an astonishing 70 percent. There is no indication that things will get better any time soon.
Goldman Sachs Predicts Grim Year For Newspapers
Newspapers will take it on the chin in 2008, according to analysts with Goldman Sachs, who warned Wednesday of a potential double-whammy.
Group Plans to Provide Investigative Journalism
As struggling newspapers across the country cut back on investigative reporting, a new kind of journalism venture is hoping to fill the gap.
SF Chronicle in Trouble
The Chronicle has announced a 25 percent reduction in newsroom staff, affecting all levels of editorial employees. Publisher Frank Vega said the measure was part of ''continuing belt-tightening'' to stem financial losses at the paper, which like other newspapers across the country is grappling with plunging print readership and the loss of advertising dollars to the Web.
Arthur Sulzberger, Owner of the NY Times Stuns Readers
"I really don't know whether we'll be printing the Times in five years, and you know what? I don't care either," Sulzberger said. Sulzberger is focusing on how to best manage the transition from print to Internet. "The Internet is a wonderful place to be, and we're leading there," he points out.
World's Oldest Newspaper Goes Digital
For centuries, readers thumbed through the crackling pages of Sweden's Post-och Inrikes Tidningar newspaper. No longer. The world's oldest paper still in circulation has dropped its paper edition and now exists only in cyberspace.
Liberal Talker Al Franken Signing Off
Liberal Air America Radio was rescued from bankruptcy yesterday, but still faces the impending loss of Al Franken, its most popular talker.
Drudge Shuts Down Senate Website
Oh the Glory and Power of the Internet! Traffic to a blog posted by Republicans on the Environment and Public Works Committee was so heavy Friday, thanks to a link posted on DrudgeReport.com, that the Senate site got bogged down.
Main Stream Media in Steep Decline
SuppressedNews publisher Hugh McInnish writes on the decline of the MSM. Even the New York Times is taking a hit. The Internet is the culprit--or is it the hero?
by Hugh McInnish
Internet Hitting Big Newspapers Hard
Big cities like L.A., Miami, and Boston are feeling the effects of the Internet and the trimming of other-paid circulation. The Los Angeles Times reported that daily circulation fell 8% to 775,766. Sunday dropped 6% to 1,172,005.
Hard Times at NBC
NBC Universal plans to cut US$750 million in operating expenses by the end of 2007 by eliminating employees, cutting back on scripted shows, and slashing its news budget, according to a report Thursday in the Wall Street Journal.
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