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CJ owner Gannett chopping 2% of its workforce

It’s unclear whether those job cuts will come across all Gannett’s newspapers, including The Courier-Journal, or whether some will take bigger hits than others. The employment reduction, announced this morning in all all-points memo from the corporate office, comes amid forecasts that the company’s ad revenue… 411 more words

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Storm clouds gather over CJ owner Gannett Co.

Newspapers are suffering an accelerating drop in print advertising, a market that already was under stress, forcing some publishers to consider significant cost cuts and dramatic changes to their print and digital products, according to… 148 more words

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CJ top editor Budde is out, effective immediately; paper to 'sharpen our focus on investigative journalism'

Neil Budde‘s abrupt resignation was announced this morning in an email to staff from Publisher Wesley Jackson, who didn’t provide an explanation for his departure. 185 more words

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Schnatter dumps another 86K Papa John's shares; and U.S. economy added 156K jobs in September, weaker than forecast

A news summary focused on 10 big employers; updated 9:24 a.m.

PAPA JOHN‘s CEO John Schnatter continued unloading shares in the pizza giant, selling another 86,000 on Wednesday and Tuesday for $6.6 million, according to a Securities and Exchange Commission filing. 152 more words

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Tronc's opposition to the CJ owner's $900M bid for the Los Angeles Times, etc., is testing 'just-say-no' defense

Named after Nancy Reagan’s anti-drug campaign, the “just say no” defense has had varying degrees of success, according to Steven Davidoff Solomon, a professor of law at the University of California, Berkeley.  260 more words

Media And Marketing

What happens to the CJ in the increasingly likely event Gannett adds the Los Angeles Times and 40-plus other titles?

By Jim Hopkins
Boulevard Publisher

To paraphrase a famous misquote, what’s good for Gannett is good for its Courier-Journal subsidiary here in Louisville. That was the gist of Gannett’s argument in favor of its $815 million offer last spring for Tribune Publishing — now called Tronc, the parent company of The Los Angeles Times, Chicago Tribune, seven other big dailies, and 160 smaller weekly and monthly niche titles and their more than 7,000 employees. 620 more words

Media And Marketing