NEWS OF STEPHENS MEDIA GROUP
Next for MediaNews: Rolling up ailing dailies
Alan D. Mutter - Reflections of a Newsosaur - 26 Jan 2010
Ailing newspapers in Detroit, Minneapolis-St. Paul and San Francisco eventually could shrink or shut down after MediaNews Group emerges from bankruptcy. The prospect of future seismic shifts in the newspaper industry from Salt Lake City to York, PA, were signaled last week when Affiliated Media, the parent of MediaNews, filed for bankruptcy to eliminate all but $165 million of its $930 million in debt.
Singleton's next chapter: Can he steer MediaNews to a digital future?
Martin Langeveld - Nieman Journalism Lab - 19 Jan 2010
In August 2006, as part of a deal that netted MediaNews Group the Contra Costa Times, San Jose Mercury News, and the St. Paul Pioneer Press, the Hearst Corporation agreed to make a $300 million equity investment in MediaNews. At that point, the peak of MediaNews' company's expansion and with revenue and cash flow at an all-time high, the holdings of the principal stockholders -- the Singleton and Scudder families -- net of debt, were arguably worth more than $500 million each.
Journalism start-ups must think mobile first
Leonard Witt - Sustainable Journalism - 07 Jan 2010
Geek Squad founder Robert Stephens says anyone contemplating a journalism start-up should think of getting a mobile presence first and then think of a computer application that plays off the app, not the other way around.
San Antonio paper to cut workforce 15 percent
Michelle Roberts - The Associated Press - 26 Feb 2009
The San Antonio Express-News announced Wednesday it will cut its staff by 15 percent and leave dozens of jobs unfilled as the newspaper battles the slump that has pummeled it and other dailies across the country.
At least 7 groups look into purchasing Union-Tribune
Thomas Kupper - The San Diego Union-Tribune - 09 Oct 2008
The proposed sale of The San Diego Union-Tribune has attracted interest from a number of newspaper companies as well as investors from outside the industry.
MediaNews among potential buyers in San Diego
Union Tribune details latest shopping
Thomas Kupper - SignOnSanDiego.com - 09 Oct 2008
The proposed sale of The San Diego Union-Tribune has attracted interest from a number of newspaper companies as well as investors from outside the industry. In recent weeks, representatives of Los Angeles Times owner Tribune Co. and San Jose Mercury News (and BANG-EB) parent MediaNews were among those who visited the paper's Mission Valley offices for presentations on the business.
More industry news
|