One of which was a paper I read religiously, and daily. One of which was a publication of occasional reading for me, usually in the realm of a reference point for projects and research papers coming up in school. Sadly, both papers are threatened.The latter first...Friday will be the final printing for the Christian Science Monitor. AFP reports the CSM, like other print publications, had been losing money. The publication will go 100% web-only in the coming days.
AFP:
*****************************Like other US dailies, the Monitor had been losing readership and print advertising revenue to online media for years and circulation was hovering around 50,000 by the time the decision was made to shut down the presses.
Editor John Yemma said the award-winning newspaper will still print a weekly edition for subscribers and a printable three-page daily news digest by email but the main focus will be on its website, CSMonitor.com.
He said visitors to the website, which currently attracts more than two million unique visitors a month, should not expect an immediate and dramatic change overnight but a steady improvement over time.
The Chicago Sun-Times was always a staple in my home growing up on the South Side of Chicago. When my father told me: "Son, always read the newspaper everyday..." I never knew how his words then would resonate now into a career I was once proud of, of one I miss dearly, and now fear for.That paper, which I, in fact, did read everyday--whether it was on the CTA bus in the morning going to high school or the commuter train headed for work--is now threatened. The Sun-Times Media Group announced this morning it was filing for bankruptcy.
Sun-Times:
The company has one significant creditor -- the Internal Revenue Service. The IRS has said Sun-Times Media Group owes up to $608 million in back taxes and penalties from past business practices by its former controlling owner, Conrad Black, now imprisoned for theft from corporate coffers.
Unlike other newspaper owners that have filed for bankruptcy amid steep dropoffs in advertising, including Chicago-based Tribune Co., Sun-Times Media Group has no bank debt. But its IRS debt thwarted efforts to raise new capital.
[Chairman Jeremy] Halbreich said Sun-Times will continue talks with the IRS while implementing a "strong and impressive" business plan. It also will pursue a deal with buyers and has hired Rothschild Inc., which was involved in the bankruptcy of United Airlines' owner, to field offers.
Several potential buyers have approached Halbreich since he took over Feb. 10 as chairman and interim chief executive, he said. "We're very confident that there's going to be some interest here," he said. "We intend to start that process immediately."
***********************************
Just please...accept NO offers from McClatchy, Media-General, Scripps, Hearst, or any other money-losing media outlet.
E.C. :)
Thirteen Winston-Salem Journal staffers are no longer Winston-Salem Journal staffers this morning as the Media-General-owned publication cut more positions yesterday from the employee rolls.
Acting FCC chairman Michael Copps says the agency should reconsider restrictions on combined ownership of broadcast stations and newspapers as daily publications struggle with a plunge in revenue, according to


FOX-8 cameraman Stewart Pittman, a.k.a. "Lenslinger," covered yesterday's job fair at GTCC, and
Employees at Gannett are being ordered to take more unpaid time off to offset the company's steep decline in advertising revenues. This may mean more unpaid furloughs for employees at the Gannett-owned CBS-2 (WFMY).
Research shows that local Triad-area consumers are reading newspapers on a somewhat regular basis, this from the media research company Scarborough Research, via the
News from the Northern Piedmont and fresh from rumor-ville...apparently the Media General-owned Danville Register & Bee is in serious trouble.
It was mentioned recently that newspapers may be looking toward nonprofit status in an effort to survive. Now a bill just introduced in the US House aims to allow just that.
Things seem to be getting tough for Arbitron. The radio ratings firm
Jerry Del Colliano's
I'll give it to the Washington Times...where other papers are slicing and dicing, the Times is doing something unique with radio.
The
The bleeding continues among local media as the Freedom Communications-owned Burlington Times-News announced this past weekend that it is requiring its employees to take unpaid time off.
Only a week after the first shoe dropped at the McClatchy-owned News & Observer of Raleigh, the other shoe drops in Charlotte.
Syndicated conservative talker Lars Larson, heard weekday evenings on local talker 600/1200 WSJS, was dropped by Westwood One only days ago. Almost immediately, the Portland, Ore.-based Larson was picked up by Compass Media and will be official by month's end. (see coverage from
FOX-8 reporter Angela Rodriguez was among winners at a charity event this past Saturday, titled Dancing with the Triad Stars, benefiting the Carolinas Chapter of Operation Smile, which was held at the Sedgefield Country Club.



Every once in a while, one has to take a step back...and take it on the face. The last hour was one of those occasions.
From the
From the 
In a case study of how the Seattle Post-Intelligencer died, P-I columnist Bill Virgin
It's hard to fathom, but it is happening, and it is very real. Two major papers have shut down in a matter of weeks. And it has provided fodder for dinner conversation at the Robinson's.
In its two short months, Triad Media Watch has very quickly become a regular "must read" among those who follow local journalism in the Piedmont Triad. And I'm happy to oblige.
146 years...that's a lot of years, a lot of memories. Somehow, I don't think the online version will be the same. There is no feeling other than actually opening a newspaper on a daily basis.
Massive job cuts are planned at the Triangle's News & Observer. McClatchy plans an estimated 11 percent cut in its local workforce, including 27 newsroom positions at the N&O. Furloughs, and salary cuts are also planned (
Just in...tomorrow's the final run for the 146-year-old Seattle Post-Intelligencer. After tomorrow, the pub goes Web-Only.
In an
Just in to TMW, and a bit of sad news out of DC...media conglomerate Media General will shutter its DC bureau at the end of the month, putting six journalists at the National Press Building out of work.
There's speculation late this afternoon that former News & Record reporter Amy Dominello may be one of the ones affected by today's MG announcement. TMW is attempting to get confirmation.
The Independent Tribune, serving Concord and Kannapolis, is scaling back its pub from a daily to thrice-weekly (this from 
I'm not a big sports junkie, but headlines like this raise a major eyebrow.
