Archive for ‘Other News’

Four Sun-Times unions agree to concessions

Wednesday, September 30th, 2009

CHICAGO  — As the “deadline” for concessions set by the Sun-Times only public bidder slipped past, members of four unions voted to approve the pay cuts and work rule changes …

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Star Tribune emerges from bankruptcy protection

Tuesday, September 29th, 2009

The Minneapolis Star Tribune emerged from bankruptcy protection Monday with its main lenders becoming the new owners and its debt slashed by 80 per cent. Out from Chapter 11, the …

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Sun-Times buyer can’t impose deadline on unions, judge rules

Monday, September 28th, 2009

The Chicago businessman who has offered to buy the Sun-Times Media Group can’t demand quick concessions from the company’s unions in order to close the sale, a Delaware bankruptcy judge …

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Canwest still faces on-going restructuring

Friday, September 25th, 2009

Canwest took a major step forward in paying down debts by selling its controlling stake in an Australian TV network Wednesday for $634-million, but still faces a drawn-out restructuring that …

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Newspaper readership steady

Thursday, September 24th, 2009

There may be a whole new digital world out there to tempt busy news readers, but daily print newspaper readership is holding steady, a new survey by NADbank reports.

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Canwest sells Australian network

Thursday, September 24th, 2009

In a deal that is expected to be the first of several major changes to come at Canwest in the coming weeks, the company has sold off its stake in …

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Anchor’s salary more than annual budgets of two shows

Wednesday, September 23rd, 2009

While doing some research, I came upon this fact: Katie Couric’s annual CBS salary is more than the entire annual budgets of NPR’s Morning Edition and All Things Considered combined. …

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Adbusters wins round in legal battle to sell ads

Tuesday, September 22nd, 2009

For the second time in six months, Adbusters has scored a legal victory against Canwest Global. The foundation, best known for its magazine and organizing Buy Nothing Day, took legal …

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Newspapers have not hit bottom, U.S. analysts say

Monday, September 21st, 2009

Despite some tentative optimism, people who monitor the newspaper business for a living say it has not yet hit bottom. But the free fall in newspaper advertising may be slowing …

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Newspapers look at online fees

Sunday, September 20th, 2009

With their advertising revenue drying up, newspaper publishers spent much of the spring and summer debating whether to cut off free online access to some of the material they run …

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