There's no shortage of news regarding newspapers and the
companies that own them, but not much of it is good news. Newspaper circulation
3.6% over the six months ending March 2008, although USA Today and the Wall Street
gains of less than 1%. The New York Times
fell 3.85% and the Los Angeles Times dropped
5.13%, according to the Audit Bureau of Circulations. Meanwhile, the Orange County Register announced
it will lay off 5% of its workforce, while the Boston Globe accepted the buyout
applications of 23 employees. Newspaper revenues at EW Scripps were down
8.3%, but earnings were up
23%, while AH Belo lost $8.7
million during the first quarter.
Also in the media
New York Daily News
owner Mort Zuckerman reportedly matched
Rupert Murdoch's offer for Newsday.
The New York Times
the White House Correspondents Association Dinner while comedian Craig Ferguson takes
note of it.
The Capital Times of Madison, WI, goes
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