Monday, April 28, 2008

Monday Recap: Still hunting for the elusive eureka

Posts you might have missed last week, while top management was looking kind of pale:
  • Happy Birthday! Falcon Blog drew thousands of readers to The Indianapolis Star as web cameras caught chicks hatching.
  • What's on TV: I wondered whether the broadcasting division is consolidating graphics-production jobs.
  • Eureka (not): Two years after its launch, the DIG research and development center isn't exactly going gangbusters.

5 comments:

  1. I just came across this on the Gannett website - SEC filings. Looks like the Digital Chief bought stock last week in Gannett (over $125,000!!!). Maybe he sees something we don't?

    Purchase Date: 04/23/08
    Name: SARIDAKIS CHRISTOPHER
    Title: Chief Digital Officer & Senior Vice President
    Transaction: Buy 5,000 shares at $25.55

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  2. The DIG is a mess. Clearly, Michael Maness is not an innovator. He is a good administrative assistant to Tara Connell and Gracia Martore. Did you listen to his audiocast the other week? Scary that this guy is "in charge" of innovation! How innovative can you be when you report into the head of PR and the head of Numbers?

    ReplyDelete
  3. $125,000 is a lot of Kool-Aid.

    ReplyDelete
  4. Is it possible the stock was given to him and not purchased by him?

    ReplyDelete
  5. No this is stock that he purchased. It says it on the filing. According to my calculations, he has already made $20k in less than a week. Add that to the hundreds of millions this kid has and a the rich get richer.
    What I think is cool about this guy is that he is the only executive that is buying Gannett stock. A true risk taker!!!

    ReplyDelete

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