Gannett, NY Times Face Antitrust Scrutiny - Source
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The U.S. Justice Department is  scrutinizing proposals by Gannett Co. Inc. and New York Times  Co. to own or invest in rival local newspapers over antitrust  concerns, a source said Monday.
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The Wall Street Journal, whose parent Dow Jones & Co. is the target of a $5 billion takeover offer by News Corp., is set to shake up its newsroom by reassigning and replacing several top editors, the New York Times reported in its online edition.
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Gannett Co. Inc. , the largest  U.S. newspaper publisher, on Wednesday reported an 8.3 percent  drop in its quarterly profit due to a weak advertising  environment and higher newsprint costs.
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Editor and Publisher - CHICAGO Newspaper Guild officers at The Indianapolis Star say they aren't resisting the implementation of Gannett Co.'s "Information Center"-style newsroom -- just management's vague proposals that so far include having copy editors write advertorials.
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Gannett Co. (NYSE:GCI) , the largest newspaper publisher in the country and owner of USA Today, reported increased profits from the second quarter on Wednesday on the sale of several newspapers. Excluding the gain, earnings fell on weaker advertising.
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Securities regulators are reviewing whether investment banks' trades in shares of companies linked to M&A deals they were advising were based on coincidence or inside information, according to The Wall Street Journal on Monday.
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General Electric Co.  and  Pearson Plc  may challenge News Corp.&#39;s (NWSa.N) $5  billion bid for Dow Jones & Co. , with a plan that could  let Dow Jones&#39;s controlling family to keep an interest in the  company, the Financial Times and Wall Street Journal reported  on their Web sites on Sunday.
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The US Justice Department said yesterday it is investigating The New York Times Co.'s plan to buy a 49 percent stake in the free commuter daily Metro Boston, a deal the Boston Herald has challenged as a threat to competition.
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DATELINE -- Gannett Co., the largest newspaper publisher in the United States, said Friday its fiscal fourth-quarter profit dropped 31 percent on a decline in broadcasting revenue and weak newspaper ad sales.
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China's anti-monopoly law is likely to be passed next week, after over a decade of wrangling, but may require national security checks for foreign firms that want to buy Chinese rivals, domestic media said on Saturday.
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Newspaper publisher Gannett Co Inc.  GCI.N will need to see advertising demand pick up for its  fourth-quarter earnings to meet average Wall Street estimates,  its Chief Financial Officer said on Wednesday.
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The New York Times Co.  board of directors met with leading shareholders in late February, a spokeswoman of the paper confirmed on Monday, amid a fight to cut the Sulzberger family's long-standing control of the company.
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After watching eBay siphon off their classified advertising revenue, newspapers are turning to an outsourced auction firm, CityXpress, to fight back. By Daniel Terdiman
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U.S. regulators are looking into  whether Wall Street firms are providing insider information on  upcoming offerings, either on purpose or inadvertently, the  Wall Street Journal reported on Thursday.
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The New York Times Co. said on Wednesday that the U.S. Securities and Exchange Commission is examining circulation reporting throughout the newspaper industry following a string of circulation scandals at other major publishers.
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The Wall Street Journal, whose parent Dow Jones & Co. is the target of a $5 billion takeover offer by News Corp., is set to shake up its newsroom by reassigning and replacing several top editors, the New York Times reported on its Web site.
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Both Gannet and Dow Jones & Company are trying to to capture more of the high-end consumer advertising market.