Chicago Tribune cuts 53 jobs in newsroom reorganization to weather economic downturn

CHICAGO — The Chicago Tribune is cutting 53 jobs as part of a newsroom reorganization designed to help the newspaper weather the economic downturn.

Colorado newspaper to offer free ‘10-minute’ newspapers for targeted advertising

COLORADO SPRINGS, Colo. — The Gazette newspaper in Colorado Springs hopes to revive advertising sales with new small newspapers meant to be read in about 10 minutes.

Obama administration opposes new antitrust immunity for newspapers

WASHINGTON — The Obama administration on Tuesday rejected new immunity from antitrust laws for teetering newspapers struggling to compete with Internet providers of news, entertainment and advertising.

New York Times Co.’s 1Q loss of $74.5M, worse than expected as ad revenue plunges 27 percent

The New York Times Co. fell into a deeper financial hole during the first quarter as the newspaper publisher’s advertising revenue plunged 27 percent in an industrywide slump that is reshaping the print media. Its shares dived after the results were released Tuesday.

China’s Communist Party launches new English-language newspaper

BEIJING — A new English-language paper published by China’s Communist Party hit newsstands on Monday — part of Beijing’s efforts to raise its profile on the global stage and find an international audience for the party line.

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