Saturday, October 11, 2008
Saturday | Oct. 11 | Got news, or a question?
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14 comments:
Jim says: "Proceed with caution; this is a free-for-all comment zone. I try to correct or clarify incorrect information. But I can't catch everything. Please keep your posts focused on Gannett and media-related subjects. Note that I occasionally review comments in advance, to reject inappropriate ones. And I ignore hostile posters, and recommend you do, too."
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It's Saturday morning. Why are you reading about Gannett?!
ReplyDeleteI have no life> It is the only thing I do for fun>
ReplyDeleteCan't help it. It's like when you sneak a quick glance at that car crash as you drive by.
ReplyDeleteI'm sad:(
ReplyDeleteMe, I'm just going over my finances and wondering when we will see another round of layoffs. Earlier blog entries predicted some time in October or November. Anyone got any info on this?
ReplyDeleteAnd this from Hawaii...............
ReplyDeleteFrom www.ilind.net
With Gannett stock plunging briefly below $12 per share Friday, and
a Goldman Sachs analyst predicting continued “record declines” in ad spending over the next year, the Honolulu Advertiser has announced another round of buyouts coupled with wage and benefit cutbacks, as well as structural changes that could result in further layoffs of union members.
According to the Hawaii Newspaper Guild:
The company proposed that bargaining unit employees accept dozens of changes in the editorial, production and circulation departments that could result in layoffs of additional union and non-union employees. The proposals include the expanded use of part-time workers, outsourcing of some current bargaining unit work, and a 40-hour work week.
Company spokesperson John Jaske said the company next week will announce details of a new round of voluntary layoffs. Some employees will be offered up to 52 weeks of pay and up to a year of health coverage if they voluntarily leave the company, he said.
In typical times, Gannett’s chain of local newspapers is considered more immune from the national economy. But according to AP, Mark Wienkes of Goldman Sachs is predicting “local ad spending will see a steeper drop than national ads and advises investors to stay away for now from ad-related stocks.”
Total paid distribution of the Courier News dropped from a 29,271 average over the last 12 months to 28,646 in the most recentnumber of copies, according to a statement published Oct. 4.
ReplyDeleteI have no life> It is the only thing I do for fun>
ReplyDelete10/11/2008 12:19 PM
_______________________
Maybe you could take some writing lesson and learn how to use punctuation.
To the COWARD, at 5:20(what happen to your Gannettblogsuck"s blog), who does not give his name. My punctuation, was good enough to write the story, that destroyed, Mike Tyson career, or forced, Oprah, to close her book club for two years.
ReplyDelete4:24pm: so that's a loss of 625 readers. whats your point? just wait until they finish restructuring the Courier News as they move into their new building. the rest will finish their merge into the Home News Tribune. and still the same lackluster, useless managers will be in place to continue to screw up whats left of that rag.
ReplyDeleteAnd for all those interested in pushing mobile content - this item today from Techdirt:
ReplyDeleteVerizon Wireless Massively Raises Rates For Text Messaging Services
from the margins?--you-have-no-margins? dept
It's no surprise that some things may be getting more expensive these days, especially as companies start dealing with the fallout from the financial crisis -- but it appears that some are going a bit overboard. There's a bit of an uproar among some, as Verizon Wireless is slapping a surprising 3-cents-per-text-message fee on top of every mobile terminated text message. That basically affects any company that provides some sort of SMS notification system or content service, massively increasing prices. As some have noted, most of those services bought text messages in bulk, where it cost around 1 cent per message. That means the cost of sending text messages just quadrupled. If you're already worried about the economy and working on tight margins, that could certainly put some companies out of business entirely.
Did anyone get there stock dividends check for the last quarter ? Its funny that the statement included with the check doesn't tell you much,like the amount was for the number of shares you owned at the time of payout. Well I got mine now I have coffe money for the week
ReplyDelete7:51 AM
ReplyDeleteAre you saying this latest one was different?
I don't know? thats why I am asking.I got mine yesterday
ReplyDelete