archives

O to Offer Part-Timers Buyouts--Update--Fred Says Never Mind!

Submitted by LynnS on Fri, 05/02/2008 - 9:02am.

The O is chopping at its staff even further. This time it's offering its part-timers buyouts, and not just in the newsroom--building-wide. Details are still being worked out, I'm told. Stay tuned.

Update and bump: Word this morning is that publisher Fred Stickel has had "a change of heart" and has canceled the plan.

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Trib Going Weekly

Submitted by LynnS on Fri, 05/02/2008 - 9:07am.

Promoted verbatim from comments by an Anonymous Source:

The Tribune is moving to a once-a-week Thursday print edition and a daily web paper. It announced the change with a self-congratulatory article this morning; once you wade through the back-patting you find this:

In moving to a once a week print newspaper and online daily, we will employ fewer people in some departments.

We fully expect that there will be those who will criticize our strategy. Through the years, we have routinely been scorned by some, including bloggers who are prone to vitriolic negativity. Other comments may come from competitors such as Willamette Week – which makes a practice of throwing stones at us and others, but rarely praise.

Last October, our company launched a strategic plan that called for doubling readership of our 18 print newspapers over the next three to five years. At the same time, we called for rapid Web growth and investments and a media balance that equally utilized Web and print distribution.

In an era of advancing sustainability and increased Web innovation, we are pleased to announce the advent of an even earlier next round of innovative journalism with a continued commitment to grow and invest in the readership of print journalism.

Lynn again: Have I said anything mean about the Trib? YOU guys have. I don't think I have. I sincerely hope they make it, and have since they went live.

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Fisher follies, KATU and McOmie

Submitted by Zamboni on Fri, 05/02/2008 - 2:56pm.

So, as KATU is blowing out Grant McOmie, the home office was trying to plunder - er, enhance compensation for executives - until major stockholders blew a gasket.

From Portland Business Journal:

Quote:
Fisher Communications Inc.'s shareholders Wednesday approved a scaled-back plan to issue new stock to reward executives after an original plan drew strong opposition from two of the Seattle-based media company's largest investors.

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Weekend Open Thread, Life After Radio Edition 5/2/08-5/4/08

Submitted by LynnS on Fri, 05/02/2008 - 4:01pm.

Had a visitor the other day here at OMI Central:



Yes, that's Rebecca Webb. She came over for some tech support and pulled up on her adorable Vespa with a backpack of goodies for lunch (and Cablenut promptly took off around the block on the scooter). Those of you worried about this business, There Is Life After Radio (and TV, and Print).

Wassup?

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