»
The Seattle Times will be eighty-sixing its stock and mutual fund tables from their slot in the paper from Tuesdays through Fridays, but will retain the A-to-Z stock listings in its Saturday edition.
According to editor in chief Mike Fancher’s column in the Sunday Seattle Times, the move was being made in response to research showing that steadily declining numbers of readers were getting their market information from print sources, writes Editor & Publisher.
Instead, the paper will carry a Money & Markets page that will include Northwest stock prices and key summary market numbers from the day before, for stocks, mutual funds and bonds.
The paper will save money by dropping the stock tables and is, like many papers across the country, focusing on axing any content that can be found elsewhere and giving readers content they can’t find anywhere else.
Fancher’s column pointed out the struggles newspapers across the nation are having with declining circulations and flat or falling ad revenue. “That’s pretty much the experience in Seattle,” he wrote, though he added that readership and circulation at The Times have been better than the situation nationally.
On the downside, he wrote, “We’re still in costly litigation concerning the future of the joint operation between The Times and The Hearst Corp., owner of the Seattle Post-Intelligencer.”
The Chicago Tribune, facing similar challenges, stopped carrying stock tables early in 2006.
All sectors of the media business will suffer from the weakened economy in 2008 and 2009, with a slump in local advertising particularly hurting newspapers and local TV, according to a new projection from Goldman Sachs.
Broadcast nets will experience…
The New York Times is shuttering its International Herald Tribune site; NYTimes.com will soon host the international news normally reserved for its sister website.
The move is not about cost savings, but rather about growth, NYTimes.com general manager Vivian Schiller…
Unilever’s Vaseline set forth on an unusual research project in a small town in Alaska. Setting up a storefront, the company began giving away free bottles of lotion and asking recipients to name the person who had recommended they come…
Meet the Press, the show hosted by Tim Russert for 17 years before his death last June, is beginning to slip in ratings.
Last month, CBS’s Face the Nation pulled ahead of Meet the Press for the first time in two…
Bloggers collectively create nearly one million blog posts each day, and half of bloggers believe blogs will be a primary source of news and entertainment in the next five years, according to Technorati’s 2008 State of the Blogosphere Report, MarketingCharts writes.…
Wal-Mart and Costco reported same-store gains in September, with sales rising 2.4% and 9% respectively. Sales at Target stores open at least a year fell 3%, writes Retailer Daily.
Below, fiscal results from the discount retail giants:
Sales of food and…
