12-31-11The Year of the Big Deal
The Year of the Big Deal: Newspaper sales activity reaches levels not seen since the start of the recession Big transactions returned in 2011. After a couple of years in which individual, small-mark... More
By: John Janedis, Analyst, UBS Securities LLC After significant improvement in print ad growth trends from 2009 to 2010, the recovery appears to have stalled in 2011, with combined print & online... More
03-31-11Post-Bubble, Household Growth Still Expected on the Coasts, Rockies and Sunbelt
A look at growth trends by county projected for the next five yearsSunshine still rulesThe housing bubble might have burst in places like Tucson and Naples, but forecasters still expect these and othe... More
06-30-10Lender-Owned Companies Vault into Second Place
A new breed of "unintentional" owners has moved into the newspaper industry. Banks, other lenders and distressed debt hedge funds have gained ownership in major newspaper companies through recent bank... More
03-31-10Newspaper Bankruptcies: What are the implications?
Ten separate group owners of 165 daily newspapers have filed for bankruptcy protection under Chapter 11 in the past two years. As a result, it is likely that nearly $10 billion in debt will be written... More
03-31-10Circulation Trends: Boring is the new sexy
Hot growth markets used to be all the rage. But research by Dirks, Van Essen & Murray shows that newspapers serving smaller, rural and/or slow-growth communities tended to hold circulation and penetra... More
12-31-09Radio and Broadcast TV Sink Too
The newspaper industry wasn't alone in having a dismal 2009. Local broadcast television and radio stations lost about a fifth of their revenue compared with 2008 - a little better than local newspaper... More
06-30-09Integrated Newspaper Audience
Top 10 markets reach more than 80% of adults In the third week of June 2009, one out of ten adults in America watched one of the four evening network news hours, according to Neilson Media. At peak a... More
03-31-09DOA for JOAs? Newspaper closures continue trend of dying JOA publications
The closings of venerable newspapers this year in Denver, Seattle and possibly Tucson have generated more than their share of hand-wringing in the national press. "Extra! Extra! Are newspapers dying?... More
12-31-08Outlook for U.S. Newsprint Pricing
Heading Lower, But When? David Allan is the owner of Allan Consulting, which publishes the Newsprint Tracker© forecasts and commentaries. For seven years, his firm has provided market guidance for co... More
12-31-08Number of dailies sold in last three recessions and just prior to the recession
The number of dailies sold in the year leading up to the recessions of 1992 and 2001 followed the same pattern seen in 2007-2008. In 1990 46 dailies exchanged hands, followed by 29 in 1991 and just 2... More
09-30-08Radio and Television Deal Volume Slows
Transaction volumes fall by 40% and 60% The newspaper industry isn't alone: Radio and television deal volume is down significantly in 2008 as well. Based on announcements through the end of August,... More
09-30-081978 vs 2008: Who were the biggest players?
Only seven of the top 25 Fortune 500 companies in 1978 are still on that list today. A number of energy and financial companies merged and moved up on the list. Other companies that remained in the sa... More
06-30-08Buy and Hold Mindset Still True
Trends in Length of Ownership Reflect Areas of Intense Deal Activity By the standards of most industries, newspaper owners tend to have a lot of longevity. Even after record-setting deal activity th... More
03-31-08Betty Weldon - Legendary Missouri Publisher and Horse Breeder
Betty Weldon finished college at Mount Holyoke early so she could return to her family's newspaper in Jefferson City, Missouri as the mostly male newsroom staffers left for World War II. She later fo... More
12-31-07A Look Back
25 Years Ago In 1982, 32 daily newspapers were sold -- about half the number sold in each year of the prior decade. Morris Communications surprised the industry with its $200 million purchase of the... More
03-31-07Small Group Owners Show Best Circulation Results in 10-Year Study
Plenty has been written about why newspapers are losing paid circulation: lack of immediacy, poor content and design, changing readership habits of the young, and on and on. Many pundits like to put... More
12-31-06Suburban Publishing Groups Keep Getting Bigger
The 'burbs got a lot of attention in 2006. Three companies assembled or added to suburban publishing clusters through acquisition to create some of the largest groups of their kind in the country. T... More
12-31-06Publishing Companies Ink Online Employment Ad Partnerships
In an effort to stem the outflow of classified advertising to the Internet, protect their franchises and position for an inevitable future of coexistence with the web, most publishing companies across... More
10-01-05Number of Independent Dailies Steadily Declines
In the last three months, five independently owned daily newspapers announced they were selling to a newspaper group. Last year nine independents sold to groups. This consolidation of ownership of da... More
10-01-05100 Years of Newspaper Ownership - Part 4
1981 Chicago Tribune bought Chicago Cubs from Wrigley Family. 1981 Ted Turner predicted demise of newspapers in ten years. 1981 Nackey Scripps Loeb assumed control of Manchester (NH) Union-Leader up... More
07-01-05100 Years of Newspaper Ownership - Part 3
1956-1980 1956 The Chicago Tribune acquired the afternoon Chicago American from the Hearst Publishing Corporation for $11 million. 1957 Long litigation against the Kansas City Star under anti-trust... More
06-30-05New Media Back in Vogue at Public Newspaper Companies
Newspaper companies are looking once again at electronic media and technology companies that complement the printed page. But unlike five years ago, when Internet companies seemed to be valued as a m... More
05-04-05100 Years of Newspaper Ownership - Part 2
1931-1955 1932 Victor, Bernard and Joseph Ridder sold their 51% interest in the Long Island (NY) Press to S.I. Newhouse. 1933 New Orleans became a two-ownership newspaper city when L.K. Nicholson?s... More
03-31-05Legacy of Carmage Walls
There was little remarkable about Macon, Georgia's two daily newspapers in 1940. The newspapers had new owners, and a new publisher was on the scene. Otherwise, the people who worked at the Telegraph... More
01-06-05100 Years of Newspaper Ownership - Part 1
1905 Colonel Ira Clifton Copley, at the age of 41, bought his first newspaper, the Aurora (IL) Beacon, partly to help his political career. He began serving his twelve years in Congress that same year... More
01-01-05Owners Building More and Bigger Clusters with Daily Newspapers
While many companies still look for good acquisition opportunities outside of their current footprints, the desire to assemble groups of publications in geographic areas continues to drive a significa... More
10-01-04Are Telephone Books a Good Fit for Newspapers?
Some newspaper companies have enjoyed strong revenue growth publishing independent telephone directories. But others have experienced disappointment. Publishing telephone directories has been little... More
07-01-04DV&M Market Index: Does High Household Penetration Equal High Value?
...Not Necessarily Given the choice, any publisher would take higher household penetration over lower penetration, but does higher household penetration directly result in higher newspaper value? Thi... More
07-01-04Are the "Best Places to Live" Also the Best Newspaper Markets?
Not Necessarily. Competing Publications Are a Big Factor Is your city or town one of the "best places to live" in the U.S.? Regardless of whether or not your hometown made it into the top grouping o... More
04-01-04Hispanic Newspaper Market
Newspaper Owners Speak Spanish Can there be any room left on this bandwagon? It seems as if every day another Hispanic newspaper is launched. Indeed, there are now more than 1,500 Spanish-language n... More
01-01-04Some Still Like It in the Afternoon
P.M. Dailies Hold Values, Continue to be Strong Despite Changing Times When Dean Singleton's MediaNews Group in May acquired substantially all of the economic interest in the York, Pennsylvania joint... More
01-01-04Free, Free, Free, Dailies!
In a year with a relatively modest amount of newspaper merger-and-acquisition activity, new free-distribution papers have sprouted up all over the country. The combined new daily free distribution in... More
10-01-03Old Market or Young Market -- Which Do You Prefer?
Dirks, Van Essen & Murray looked at the median age in all counties in the U.S. where a daily newspaper is published. We identified the 10 oldest and the 10 youngest of those counties, based on median... More
03-31-03DV&M Market Index: Top Growth Markets
The DV&M Market Index uses a weighted blend of historical and projected growth rates in households, population, effective buying income, and retail sales to rank daily newspaper markets. The top 12 ar... More
03-31-03Cycles: Ready for a Jump-Start?
The newspaper industry has been in a funk for two years, with soft advertising volume that mirrors the soft national economy. The story has been much the same for newspaper merger-and-acqui-sition act... More
01-01-03Household Penetration - What Makes the Difference?
Why is it that household penetration of daily newspapers varies more than 25 percentage points between the states of Colorado and Georgia? Why do the states in the top quartile of household penetratio... More