COMING UP
- Next Membership and RA meeting is 6:30 p.m. on May 20 at the CWA 7200 Hall, 3521 E. Lake St., Minneapolis
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MORE NEWS OF THE INDUSTRY
Star Tribune's owner forced to write off much of its investment
Neal St. Anthony - The Minneapolis Star Tribune - 07 May 2008
The owner of the Star Tribune has informed investors that it has written down the value of its $100 million investment in the newspaper by 75 percent to reflect deteriorating conditions since the purchase in March 2007.
MediaNews customer service operations move to the Philippines
Bay Area workers seeking to form Guild unit
Sacramento Business Journal - 06 May 2008
Newspaper chain MediaNews Group Inc. is outsourcing customer service operations for some of its California dailies -- including the San Jose Mercury News, one of the company's largest papers -- to the Philippines. Meanwhile, newsroom employees at the Oakland Tribune, Contra Costa Times and other newspapers in MediaNews Group's "Bay Area News Group-East Bay" unit are trying to form a union.
Tribune evaluating offers for Newsday
Mark Harrington - Newsday - 06 May 2008
As talks continued yesterday for the sale of Newsday, owner Tribune Co. assessed three similarly structured offers to determine which best fit its own strategic plan and need for debt-bound cash, a source close to the negotiations said.
How bad is it for the Strib?
City Pages - 06 May 2008
Reporters examining the Star Tribune's finances can be compared to a group of blind men reporting on an elephant. No one source, not even the paper's higher-ups themselves, seems to have all the answers.
Lunzer expected to win Newspaper Guild presidency
Joe Strupp - Editor & Publisher - 06 May 2008
Challenger Bernie Lunzer will win The Newspaper Guild presidential election, according to voting data obtained by E&P that indicates he has a lead of more than 900 votes with only some 600 potential ballots left to be counted.
Santa Barbara News-Press, Indy settle lawsuit
Nick Welsh - Santa Barbara Independent - 06 May 2008
Owners of the Santa Barbara News-Press and Santa Barbara Independent agreed to put away their legal swords this week, finally concluding a settlement to the News-Press’s complaint that the Independent had infringed upon its federal copyright protections.
McClatchy stock down on huge volume
Mark Fitzgerald - Editor & Publisher - 06 May 2008
Stock in The McClatchy Co. dropped more than 7% on trading volume Monday that was more than seven times higher than normal.
Challenger Lunzer leading Newspaper Guild presidential election
Joe Strupp - Editor & Publisher - 05 May 2008
Early returns in the first contested Newspaper Guild presidential election since 1995 indicate a possible change at the top with challenger Bernie Lunzer ahead of incumbent Linda Foley.
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