Most of the time, trash is really trash.

It's not easy to admit you're wrong. I don't typically keep up with "new technology." In fact I've often been accused of living in the past. So when I found out about Twitter -- a year after it went mainstream -- I made a snap judgment regarding its purpose and intended use (and therefore its relative value or detriment to society).I was wrong. As I said unequivocally at the time "Twitter will be remembered as the peak of the social networking bubble." My reasoning which I still cling to in part was that Americans communicate far in excess of what is useful. ...

Are these companies dead -- or just dead-ish?

According to a recent report published by the Audit Bureau of Circulations, weekday newspaper circulation fell 11% and Sunday circulation 8% over the year. The San Francisco Chronicle was the worst hit newspaper, with circulation falling 26%, followed by USA Today’s 17% drop. Many analysts believe...

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Amid the secular and cyclical slowdown in print advertising The New York Times Company (NYT) recently reported third-quarter 2009 results that topped the Zacks Consensus Estimate. The New York Times quarterly earnings of 16 cents a share surpassed the Zacks Consensus Estimate of 2 cents, and the prior-year quarter earnings of 5 cents. The better-than-expected results [...]

(NYT) NY Times Beats Earnings Consensus

The New York Times Co. (NYT) announced another round of cuts in its headcount amid the secular and cyclical slowdown in print advertising. The company plans to trim newsroom staff by 8% or nearly 100 jobs by the end of the year through buyouts or layoffs. Previously in 2008, the company had eliminated 100 newsroom jobs. [...]

(NYT) Job Cuts at New York Times

Gannett Co. Inc. (GCI), the largest newspaper publisher in the U.S., recently reported third-quarter 2009 results. Despite a faltering economy and decline in print advertising revenue, the company’s earnings topped expectations, buoyed by effective cost-cutting measures, lower newsprint expense, reduction in headcount and pay cuts. Operating expenses dropped 14.4% to $1,179.6 million. Gannett’s quarterly earnings of [...]

(GCI) Gannett Company Beats Consensus Estimates

The New Price Wars, Dow Jones Update and The Newspaper Effect, Sue Decker Profile... Biker Chick? (YHOO) (DJ) (WMG) (AAPL) (MNI) (BBI) (NFLX) (MOVI) (NWS)

Daily Financial News Video Blog: CEO of AT&T's Sterling Commerce Dead, Samuek Starr, Global Chip Sales Increase, Semiconductor Industry Association, Philadelphia Inquirer Layoffs, Massachusetts Hedge Fund Investigation, Investors Being Ripped Off? (SBT) (MNI)