Newspaper Industry | featured news

For the beleaguered newspaper industry, the good news may be that the bad news isn’t getting worse. Newspaper revenue fell just 2 percent last year compared with 2011, according to new data compiled by the Newspaper Association of America, the industry’s main trade group.

Is the newspaper business dead? John Garrett's hyperlocal chain in Texas suggests there's still life in the old medium.

A media industry group says U.S. newspaper circulation was almost unchanged in the six months that ended in September. Average daily circulation in the April-September period slid 0.2 percent for the 613 newspapers included in the semiannual study by the Audit Bureau of Circulations. Sunday circulation for the 528 newspapers in Tuesday's report increased 0.6 percent.

Rupert Murdoch's News Corporation is looking to bid for the Los Angeles Times, the paper has reported, adding Murdoch is also interested in buying its stablemate the Chicago Tribune from their parent company, the Tribune Company.

Washington Post Co. reported a rise in first-quarter earnings that reflected a write-down a year earlier and that masked further weakness in the company's education centers.

The increase was mainly because of the sale of the company’s regional newspapers, while operating profit declined 24.3 percent.

In a deteriorating advertising climate, the company said it would seek to eliminate roughly 50 jobs through attrition and buyouts.

The Guardian newspaper reported Wednesday that it had seen emails and documents showing that The Wall Street Journal funneled money through third parties to a company that was buying up copies of the Journal and boosting its European circulation....

A majority of Americans don't seem to recognize the value of their local newspaper. According to a survey from the Pew Research Center, most people say they wouldn't miss local news if their newspaper no longer existed.

New York Times Co. expects ad revenue to fall a steeper-than-expected 8% in the third quarter, with as much as a 3% decline in digital-ad sales.