Not much good news for newspapers

There's no shortage of news about newspapers and the companies that own them, but not much of it is good news.

There's no shortage of news regarding newspapers and the companies that own them, but not much of it is good news. Newspaper circulation fell 3.6% over the six months ending March 2008, although USA Today and the Wall Street Journal reported 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 glare:

New York Daily News owner Mort Zuckerman reportedly matched Rupert Murdoch's offer for Newsday.

The New York Times skips the White House Correspondents Association Dinner while comedian Craig Ferguson takes note of it.

The Capital Times of Madison, WI, goes Web-only.

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