Lee Enterprises forces furloughs, Twitter’s ad spend drops drastically, NFL Sunday Ticket may offer a cheaper option.
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Meredith Corporation will cut 180 jobs, including 130 from its local media group which owns 17 TV stations and 50 from its magazine group.
In its first quarter earnings report, Tribune Publishing revealed 30.7% growth in digital subscribers, along with revenue declines and a net loss of $44M.
In its third quarter earnings report, Meredith Corp reports a 6% reduction in revenue due to portfolio changes and COVID-19 impacts.
Business news site Quartz is laying off 80 employees and emphasizing its membership model as part of a larger restructuring.
Magazine publisher Condé Nast and digital news outlet BuzzFeed announced additional layoffs, furloughs and cost cutting measures due to the pandemic.
In its first full quarter earnings report since the merger, Gannett Co., Inc. reports a net loss of $80.2 million and strong revenue &
The Seattle Times received a $9.9 million forgivable loan as part of the Payroll Protection Program under the CARES Act.
Tribune Publishing is the latest newspaper to implement furloughs, NPR heads into steep cuts & YouTube creators are seeing sharp declines in AdSense rates.
Two of McClatchy’s biggest creditors make a bid to buy the company, which is in Chapter 11 bankruptcy.
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