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KUSI's McKinnon Still Interested in Union-Tribune Purchase, but Industry Turmoil Slows Any Deal
My sense of it is that the newspaper industry will be around, but needs to reinvent itself. Consider the precedent of the cruise ship industry. When commercial transoceanic air travel materialized, the cruise ship seemed to some to be doomed. But the industry rebounded; the ships are bigger and more ostentatious than those that ferried the robber barons a century ago. And, ironically, airplanes carry people to and from ports of embarkation.— April 30, 2009 10:50 a.m.
Rumored Copley Suitor Puts Out Racy, Alternative Publications, but Has Debt Woes
Look at the U.K. Sun's famed Page 3 Girl. A bit of tabloid splash just might be what daily newspapers need. (One of the U-T's main problems is that it is boring. It is better than Quaaludes for putting you to sleep -- but nowhere near as habit-forming.) Last year, the randy New York Post and Daily News were the only two American daily papers to gain circulation. (That trend ended this year, but then again, they both upped their cover price from a quarter to four bits.)— February 18, 2009 10:39 a.m.
U-T Continues To Overstate Its Circulation Publicly, but a Potential Buyer Won't Be Fooled
Maybe 20 years ago, Allen H. Neuharth, a founder of USA Today, predicted that metro dailies were doomed; that national or regional papers (New York Times, Washington Post, USA Today) would survive and that community papers should prosper.— August 15, 2008 5:42 p.m.
Bad News for Copley, Good for KUSI: Cox Selling Austin, Other Papers Amid Gloomier Newspaper Environment
The U-T is caught in a downward spiral. To contain costs they cut content (such as the zoned editions or weekly TV schedule) AND raise the single issue price, which makes the paper even less appealing to readers, which cuts circulation, which makes it less desirable as an advertising vehicle and reduces ads, which means less reveune, which means they need to contain costs ...— August 15, 2008 5:29 p.m.
Union-Tribune Warns Union of 40 Percent Wage Slash, Healthcare Cuts; Teamsters To Resume Campaign To Cut Paper's Circulation
Another curious facet of the UT’s self-destruction: While the Indians become fewer, the chiefs continue to multiply. The most recent reorganizational chart shows another two have crept in. Last year, two others were added. That brings the company up to 10 VPs – a 40 percent increase of fat replacing lean muscle. Reportedly, each veep makes well over that scandalous $10 an hour … and gets generous benefits on the house.— February 24, 2008 7:29 p.m.