Dish Network Still Has a Problem
Dish Network needed this week's deal that will allow it to continue broadcasting local television channels in some of Gannett's markets, but it's just one less problem that the company has to tackle.
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What to Watch This Week: Malls, Tech, Homes and Papers
With 2012's first earnings season well under way, let's go over some of the items that will help shape the week that lies ahead: Here's why you should be watching one major mall owner, two tech giants, three homebuilders and a couple of old media behemoths.
Gannett Earnings: Shares Plummet on Lower Newspaper Revenue
Gannett's third-quarter profit beat the Street, but disappointing revenue plunged shares 8.8%. The company's revenue remained flat, missing analyst forecasts, as its newspaper operations declined 5%.
USA Today Plans 130 Layoffs in Push Toward Mobile News
The nation's second-largest newspaper is planning to lay off 130 business and newsroom employees as part of an overhaul to de-emphasize the print edition and works to reach more readers and advertisers on mobile devices.
Newspaper Circulation: WSJ Bucks the Downward Trend
Only one of the 25 largest U.S. newspapers increased its circulation in the last six months: The Wall Street Journal. USA Today, The New York Times, The Washington Post and The Los Angeles Times were all down significantly. The
USA Today: 'Furloughed' Means Stay Home
Employees at Gannett's flagship newspaper must be insanely dedicated: Why else would its publisher feel the need to explain to them exactly what it means to be forced to take a week off. But that's just what Dave Hunke decided his already-depressed workforce needed to hear.
Apple's iPad Gives Wings to Media Stocks
Correctly or naively, print publishers all seem to think the iPad, Apple's new touchscreen tablet computer, is going to save their hides -- and Wall Street seems to agree, at least cautiously, as several print media companies saw their stocks rise today.
