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The Biz Blog

Home > Leadership & Management > The Biz Blog
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Rick Edmonds
Poynter Media Business Analyst Rick Edmonds tracks the latest industry developments.
Posted by Rick Edmonds 5:33 PM Oct 9, 2008
Grisly Details of Newspaper Advertising Now Emerging
Obviously, the credit crisis and accompanying recession cannot be good for already-battered newspaper advertising. Now some of the details of the trouble ahead seem to be emerging.

The Newspaper Association of America quietly released an estimate six weeks ago that total industry ad revenues would fall 11.5 percent this year and 5.5 percent in 2009. Online ad revenue, once a growth dynamo, will slow to 1.8 percent this year according to NAA, rallying to 9 percent growth next year.


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Posted by Rick Edmonds 11:41 AM Oct 7, 2008
Freewheeling Comments, Traditional Owners Create Paradox of Topix
Chris Tolles identifies himself as your basic "Silicon Valley rock-thrower."  He is also CEO of Topix, a heavily trafficked site with some news aggregation and a whole lot of freewheeling user commentary (100,000-plus posts a day).
 
Tolles said that he is uncomfortable with "hateful" speech, and like most anyone hosting comment chains, he and his staff spend a chunk of each day taking down the most offensive.  Otherwise, though, he is tolerant of posts that are directed at individuals, factually unreliable or even tinged with racism.  He is from the school that free speech and participation are good and that taste and truth will emerge in the end.
Chris Tolles identifies himself as your basic "Silicon Valley rock-thrower."  He is also CEO of Topix, a heavily trafficked site with some news aggregation and a whole lot of freewheeling user commentary (100,000-plus posts a day).
 
Tolles said that he is uncomfortable with "hateful" speech, and like most anyone hosting comment chains, he and his staff spend a chunk of each day taking down the most offensive.  Otherwise, though, he is tolerant of posts that are directed at individuals, factually unreliable or even tinged with racism.  He is from the school that free speech and participation are good and that taste and truth will emerge in the end.


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Posted by Rick Edmonds 12:04 PM Oct 2, 2008
The Case for Stepping Back From the Ledge
The financial crisis and accompanying credit crunch make a bad business situation for the newspaper industry worse in a variety of ways. But don't look for a wave of papers ceasing publication or flipping to online only. Here is why.
 
When you start missing debt payments, as The Star Tribune of Minneapolis did this week for a second time, creditors have several options. First is to renegotiate the terms of the "problem loan," perhaps extending the repayment period and building in penalty fees to recoup the missed payments. The bankers can toss in some directives to management if they choose.


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