MORE NEWS OF THE INDUSTRY
Tribune Publishing results skid in Q1 -- off 11%
Editor & Publisher - 09 May 2008
The Tribune Co. reported that Q1 earnings from continuing operations soared to $1.82 billion compared with $11 million from the same period a year ago. The favorable upswing was due to the change of the company's tax status at the beginning of the year to a subchapter S corporation.
Union claims New York Times' layoffs methodology is 'flawed'
Romenesko - 07 May 2008
The Guild says it "has been carefully analyzing the [New York Times] layoffs to make sure that management has followed the contract's job security provisions. At this point, it appears to the Guild that the company has not done so. In fact, the Guild has already filed a grievance regarding the methodology used by The Times to decide who would be laid-off."
Layoffs and buyouts announced at three more dailies
Joe Strupp - Editor & Publisher - 07 May 2008
Layoffs and buyouts have hit three more daily papers, with announcements of cutbacks in Colorado, Kentucky, and South Carolina.
Herald-Leader Seeks Buyout from 4 Percent of Staff
Erik A. Carlson - Business Lexington - 07 May 2008
The Lexington Herald-Leader is looking to trim its staff of 385 full-time employees by 4 percent through a voluntary buyout program.
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.
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Despite layoffs, San Jose Guild rallies for quality and unity

More than 100 members of the San Jose Newspaper Guild's Mercury News unit rallied in front of the newspaper Friday to show their support for laid-off workers -- and their resolve to defend editorial quality against shortsighted corporate cost cuts. Guild members wore black to dramatize their sadness over the layoffs, but also unveiled a bright banner (above) they made in support of an organizing drive at the affiliated Bay Area News Group-East Bay. Full text of San Jose Guild President Sylvia Ulloa's speech.
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