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Gannett joins in -- splitting print off from TV/digital

Discussion in 'Journalism topics only' started by MileHigh, Aug 5, 2014.

  1. MileHigh

    MileHigh Moderator Staff Member

    Just broke via AP
     
  2. MileHigh

    MileHigh Moderator Staff Member

    http://www.usatoday.com/story/money/business/2014/08/05/gannett-carscom-deal/13611915/
     
  3. Steak Snabler

    Steak Snabler Well-Known Member

    Ouch.
     
  4. Riptide

    Riptide Well-Known Member

    Nobody plays the dominos game like newspapers.
     
  5. DanOregon

    DanOregon Well-Known Member

    Now they have two companies to screw up.
     
  6. Baron Scicluna

    Baron Scicluna Well-Known Member

    So which gets to call its newsrooms, "information Centers" and which will get to count how many minorities they put in their stories?
     
  7. HejiraHenry

    HejiraHenry Well-Known Member

    Taking the longish view here, I think this will eventually open the door for a return to local ownership in (many? some?) Gannett markets.

    Also, it's not crazy to think the broadcast stock could eventually rise past the $50 mark, which would let some of us begin to pull back into the black in terms of what we put in.
     
  8. Morris816

    Morris816 Member

    I think that pretty much says it all. ::)
     
  9. Steak Snabler

    Steak Snabler Well-Known Member

    Rumors of Sports on Earth's demise are apparently exaggerated ... or are they?

    https://twitter.com/DigSportsDesk/status/496633060054802432

    http://deadspin.com/sports-on-earth-is-not-shutting-down-contrary-to-one-o-1616282548

    Emma Span, formerly an editor at Sports On Earth and now at SI, tweeted this out:

    Will Leitch is apparently still on board:

    https://twitter.com/williamfleitch/status/496679504296030208

    I occasionally read (and enjoy) Sports On Earth, though it's not like I can't live without it. Still, sucks when anyone in this business loses his or her job.
     
  10. Alma

    Alma Well-Known Member

    If you lay off 95 percent, it's been pretty well gutted.

    That's the Internet. If cable ever goes to an ala carte system, I feel confident Grantland is gone and a whole glut of ESPN writers will be, too. Grantland has minimal advertising.

    People think it's a solely a print advertising issue, but it's not really that. It's a money thing. The shareholders who want it can't ever get enough of it, and the people in charge of the companies don't know how to say no or even why it's important to say no.
     
  11. steveu

    steveu Well-Known Member

    This is where I miss that Gannett blog. :(
     
  12. DanOregon

    DanOregon Well-Known Member

    Gannett is great at "winning" the rollout - then the big new hire(s) they make find something better and they bail, throwing all organizational changes made under them into chaos.
     
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