Business
This makes no sense to me: Over the past week, the share prices for Canadian media giant CanWest have been hammered. At the moment, it’s trading at $1 a share (it’s been as low as 95 cents today); five days ago it was about $1.47., and the 52-week high was over $8 a share. I’ve [...]
Continue reading about Where’s the business press? (Updated)
One of the things I’ve been doing since early September, is following the stock price of CanWest, the Canadian media giant, partly out of interest and partly as part of the teaching in my Daily Newspaper course. Back when I started tracking, the shares were at $2.08, down from the 52-week high of $8.28. Over [...]
Continue reading about Watching media stock: this isn’t pretty
Three interesting recent posts about the future of newspaper that really deserve to be read by those trying to figure things out. The beginning of the great hybrid news battles of the early 21st century. Andrew Golis follows up a Scott Karp post with some thoughts on how aggregation is playing a role in the [...]
There are some interesting numbers near the back of “The Scoop on Daily Newspaper in Canada,” a by-and-large promotional piece for dailies put out by the Canadian Newspaper Association. The numbers are in a table about advertising revenue for a range of Canadian media for the years 2001-2006, which were not, by and large, weak [...]
Continue reading about Canadian newspaper numbers: not encouraging
The stock question in the where’s-the-business-model debate seems to be, “How are we going to pay for the investigative journalism?” and that’s bothering me a bit. Investigative journalism is important and I have a huge amount of respect for the small army of investigators who spend their days plodding through the records, compiling the data, [...]
Vin Crosbie, who has been away from the mediasphere for a while, is back. Boy, is he back. Here’s what he has to say in Transforming American Newspapers (Part 1), which popped into my feedreader yesterday: More than half of the 1,439 daily newspapers in the United States won’t exist in print, e-paper, or Web [...]
I missed this in the wake of the holiday weekend: the share price for CanWest, one of Canada’s meg-media companies and a major owner of newspapers, jumped 12 per cent. The reason? Speculation that the company is considering taking itself private. According to Reuters: Citing “people familiar with the situation,” the Globe and Mail newspaper [...]
I’ve come across a couple of incidental comments on the post I wrote last night about watching the reinvention of the metro daily. (Incidental comments work like this: Ryan Sholin excerpted a few grafs from my post, which Howard Owens commented on at Ryan’s site. Jeff Jarvis picked up on Howard’s comment and posted a [...]
The last week and a half have been some of the grimmest and most depressing that I can remember in recent newspaper history. As Colin Mulvany wrote at the top of a recent post: Black Monday seems to be striking American newspapers on a daily basis. Layoff announcement followed layoff announcement: more than a thousand [...]
I started reading the Globe & Mail story Death knell sounds for CDs because I’m keenly interested in music and because it confirms what has been more-or-less evident about music for at least a couple of years. From the story: The compact disc has less than three years left in its reign atop the music [...]
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