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Soft economy speeds newspaper decline, job cuts
NEW YORK - The newspaper industry's downward spiral is accelerating as the weak U.S. economy depresses already-tumbling advertising revenue and forces more rounds of job cuts and other trims.
Nations:U.S. Activities:2008 U.S. Recession Source:(AP)
2008-08-31
Newspapers, reeling from slumping ads, slash jobs
NEW YORK - Even for an industry awash in bad news, the newspaper business went through one of its most severe retrenchments in recent memory last week.
Nations:U.S. Source:(AP)
2008-06-29
McClatchy to cut work force 10 percent
NEW YORK (Reuters) - Newspaper publisher McClatchy Co said on Monday it will cut its work force about 10 percent as part of a restructuring plan amid a difficult advertising environment.
Source:(Reuters)
2008-06-16
Google CEO: 'Moral imperative' to help newspapers
SAN FRANCISCO - Google Inc. Chief Executive Eric Schmidt said Wednesday that the Internet search leader hopes its recently acquired advertising service DoubleClick will aid newspapers as they struggle to corral more online revenue.
2008-06-11
Zuckerman submits $580 mln Newsday bid: source
New York Daily News owner Mortimer Zuckerman has submitted a $580 million bid for Tribune Co's Newsday daily newspaper on Long Island, New York, matching a bid by News Corp (NWSa.N) Chief Executive Rupert Murdoch, according to a source familiar with the matter.
Nations:U.S. People:Rupert Murdoch
2008-04-26
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