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Newspaper Ad Profits Down Despite Increase in Online Ads

Editorial staff cuts loom, classifieds hardest hit

(Newser) - A 21% third-quarter increase in newspapers' online advertising revenues was not enough to offset a print ad spending decline that brought total ad spending down 7.4% to $10.9B. As major newspaper companies grapple with contracting print revenues and declining profits, Gannett's USA Today has announced 8.8% cuts...

Oprah Tops List of TV's Biggest Earners—Again

She collected cool $260m; second-place Seinfeld nabbed $60m

(Newser) - Talk show diva Oprah Winfrey continues her reign as the Queen of  Media, topping Forbes' list of 2007's 20 highest earning TV stars with a whopping $260 million. Jerry Seinfeld came in a distant second with $60 million—mostly from residuals. They were followed by Simon Cowell ($45 million), David...

CBS Has No Plans to Boot Couric Off News

Show regains hard edge, if not viewers, with makeover

(Newser) - In signing Katie Couric to anchor "CBS Evening News" last year, the network probably didn’t expect ratings to hit historic lows. But CBS is sticking with the underperforming star, according to a network executive, who said it was “the second inning at the latest” in the long...

All the Space That's Fit to Sell
All the Space That's Fit to Sell
Aug 29, 2007 3:42 PM CDT

All the Space That's Fit to Sell

Newspapers, fighting to stay alive, turn to their landmark buildings in efforts to raise cash

(Newser) - Newspapers, in an effort to bring in cash and stave off extinction, are selling iconic properties in downtown districts, the Journal reports. The latest example is the Philadelphia Inquirer, whose new owner hopes to net $70 million for its Beaux-Arts tower; the Boston Herald and Minneapolis Star Tribune are also...

Couric Will Report From Iraq, Syria
Couric Will Report From Iraq, Syria
Aug 29, 2007 8:24 AM CDT

Couric Will Report From Iraq, Syria

Anchor plans 10-day trip through Mideast before surge report

(Newser) - Katie Couric leaves today for a 10-day trip to Iraq and Syria, where she will cover the war and the turbulent Middle East as the Pentagon's September 15 deadline for a report on Iraq looms. Couric will spend six days in Iraq, twice anchoring "CBS Evening News" live from...

Scribe Says Bye to Cool Tabloid
Scribe Says Bye to Cool Tabloid
Aug 25, 2007 5:13 PM CDT

Scribe Says Bye to Cool Tabloid

Fell in love with 'parallel universe' of funny stories

(Newser) - Gone is the tabloid that claimed "February Sues for More Days" and "Hide-and-Seek Player Found After 34 Years," but what becomes of its writers? At least one is still missing his calling as an inventor of comedy-news. In Salon, Stan Sinberg recalls how he conceived tall tales...

Google Lets News Figures Fire Back
Google Lets News Figures Fire Back
Aug 8, 2007 9:54 PM CDT

Google Lets News Figures Fire Back

How service will protect against pranksters is unknown

(Newser) - People who want to talk back to the press received a major invitation from Google News yesterday when it announced a plan to post user comments alongside links to news articles, ars technica reports. But only people and groups specifically mentioned in the articles will be allowed into Google’s...

Times Will Eliminate Pay Access to TimesSelect

Op-ed columnists to burst out from behind firewall

(Newser) - The New York Times will shut down TimesSelect, the pay section of its website that keeps columnists such as Maureen Dowd and Frank Rich beyond the reach of the great unwashed. The fate of the $7.95-a-month subscription service sparked hot debate among publisher Arthur Sulzberger Jr. and other Times ...

And He's Not Going to Take It Anymore

'Mad Money' madman Cramer snaps, beseeches Bernanke to cut rates

(Newser) - In YouTube's most watched video today, CNBC's Jim Cramer blasts Fed chairman Ben Bernanke for signaling that he won't cut interest rates, calling the present stay-the-course market situation "Armageddon." As his dumbfounded interlocutor looks on, the "Mad Money" host pounds the table and thunders that the "...

Why the Whims of Matt Drudge Move the Media

And why the 'idiot with a modem' now lives in a $1M condo

(Newser) - Every day journalists in newsrooms across the country hope, pray and scheme to enhance the chances that one man will notice their breaking news. That man, Matt Drudge, controls Internet traffic so vast that a mention drives hundreds of thousands of readers to a single story. The same MSM types...

LA Mayor's Reporter Lover Suspended

'Conflicted' newscaster covered his divorce

(Newser) - A Telemundo reporter who covered the Los Angeles political beat while having an affair with Mayor Antonio Villaraigosa has been suspended for two months without pay. Mirthala Salinas' involvement with the then-married mayor was an open secret at the station when she broadcast the breakup of his 20-year marriage. Media...

News Anchor Shreds Script, Hailed as Hero

MSNBC journalist's refusal to read Hilton story wins cyber fan

(Newser) - Bloggers, who normally revel in afflicting TV news anchors, have made one a star. MSNBC newsreader Mika Brzezinski won legions of fans in the blogosphere when she refused, despite prodding from her co-hosts, to read a news item about Paris Hilton Wednesday morning, and then shredded the script. “I...

Panel to Shield Journal Editors
Panel to Shield Journal Editors
Jun 29, 2007 5:38 AM CDT

Panel to Shield Journal Editors

In latest deal, hybrid board would hire and fire key staffers

(Newser) - A watchdog committee, not would-be owner Rupert Murdoch, would hire and fire editors under a tentative pact to protect the editorial independence of the Wall Street Journal,  a source familiar with details of the deal tells MarketWatch. Members of the panel would be chosen by Murdoch's News Corp., Dow...

Mogul's Interest In Journal Is No Passing Fancy

Groundwork for Murdoch's Dow Jones bid dates back decades

(Newser) - Rupert Murdoch's bid for Dow Jones may have seemed to come out of nowhere, but the Australian media mogul has had his eye on the Wall Street Journal for years. In three decades in the States, Murdoch has made his mark in news, entertainment, and, of course, politics. The Times ...

Another Player Joins Competition for Dow Jones

Pearson searches for partner to help launch bid

(Newser) - Another would-be Dow Jones suitor emerged this afternoon: Pearson, which publishes the Financial Times. In a media-company-news hall of mirrors, the Wall Street Journal reports that Pearson is searching for partners in its "longshot" bid and has approached Hearst and GE; the FT reports that its parent company has...

Rather's 'Tart' Comment makes CBS Chief Sour

Former anchor called sexiist for remarks on Katie Couric.

(Newser) - CBS chief Leslie Moonves returned fire on Dan Rather today, calling his criticism of Katie Couric "sexist."  In a telephone interview with MSNBC Monday, Rather had accused his unsuccessful successor of taking the nightly news and "dumbing it down, tarting it up." Rather cited Couric...

Times Honcho on the Mend After Truck Accident

Abramson faces rehab from serious injuries

(Newser) - The New York Times managing editor for news headed home yesterday after three weeks in the hospital recovering from injuries suffered when she was hit by a truck. Jill Abramson, who has a broken femur and fractured hip, tells the New York Observer that she still must undergo “an...

Page Six Fallout May Hurt Murdoch
Page Six Fallout May Hurt Murdoch
May 21, 2007 12:45 PM CDT

Page Six Fallout May Hurt Murdoch

The Wall Street Journal doesn't have a gossip column, and that's no accident

(Newser) - Shenanigans at the New York Post may mean trouble for Rupert Murdoch's Dow Jones bid, David Carr writes in today's Times. The tales of sex, lies, and bribery spicing up Page Six are normal fare for the gossip standby, but the fact that they're about the Post itself may not...

Woodward, Tenet Form Perfect Storm of Ego

Whine over who wronged whom

(Newser) - Once upon a time, former CIA director George Tenet and superstar political reporter Bob Woodward were friendly, but now they're locked in an ego battle too degrading to produce any winners. The New Yorker this month gives each space to snipe at the other and explores what the whinefest means...

Katie's Ratings Flatline
Katie's Ratings Flatline
May 14, 2007 8:19 AM CDT

Katie's Ratings Flatline

Some doubt if viewers are ready for a woman anchor.

(Newser) - Katie Couric, as always, is upbeat, but her ratings are undeniably dismal: “CBS Evening News” numbers have dropped lower than they've been since the Nielsens began measuring audiences with “people meters” 20 years ago, the New York Times  reports. The 8-month-old show is an even-more-distant third than its...

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