Over the weekend, the Louisville Courier-Journal published a story detailing how members of the Louisville Metro Council spent $110,000 on food over the last four years. The story raises a number of questions about the use of discretionary funds, but the staff at Insider Louisville says the story is misguided. We have a question –… Continue reading Insider Louisville Takes Issue With C-J’s Focus
CNN Money has listed the worst-performing Fortune 500 stocks for the last decade. The top spots went to Fannie Mae, Freddie Mac, investment banks and other companies that are blamed for leading into the recession. At the end of the list, though, at number 18, is media giant Gannett, a victim of the recession. The… Continue reading Gannett, Fifth Third Among Worst-Performing Stocks
Earlier this month it was reported that when paid online subscribers are counted, the Wall Street Journal is more widely circulated than the USA Today. The data came from the Audit Bureau of Circulations, which recently unveiled its latest survey of newspaper circulation numbers in a a searchable database. The ABC uses new criteria to… Continue reading Newspaper Audit Shows Lower Circulation
The parent company of the Louisville Courier-Journal has reported a drop in revenue over the first quarter of this year. Publishing giant Gannett reported a 23% decline in income, due largely to a poor advertising market. The company also cites one-time expenses related to consolidations and downsizing as reasons for the decline. Gannett also owns… Continue reading Gannett Reports Drop in Revenue
The Courier-Journal has a story this morning on Louisville Public Media. It covers the current pledge drive, the ongoing expansion of the newsroom and the effect of the current efforts by some elected officials to strip public broadcasting of federal funding. In response to Republican attacks on public broadcasting in Washington, Louisville Public Media’s spring… Continue reading The C-J on Public Broadcasting, Federal Funding and LPM
The announcement comes amid employee furloughs and it follows a mixed earnings report from parent company Gannett.
Through cost cuts and an increase in advertising in its TV division, Gannett managed a 30% increase in net income in the last quarter of 2010. The company’s publishing division, however, saw losses, as circulation and advertising revenue dropped.
A “celebration of life” will be held at a later date for former Courier-Journal publisher George Gill, who died Saturday at the age of 75. His wife, Kay, says Gill had been in poor health in recent years. Gill began working at the paper in 1960 as a copy editor. He was noted for helping… Continue reading Former CJ Publisher George Gill Dies At 75
SoA 3/4/10: Guilty Pleasures: The Music You’re Embarrassed to Love Listen to the Show
The Louisville Metro Council Public Safety Committee has tabled an anti-litter ordinance that has been called unconstitutional by the Courier-Journal.