Keyword: mcclatchy

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  • In first statement since their release, 5 Taliban say they’ll adhere to conditions

    06/06/2014 11:22:40 PM PDT · by 2ndDivisionVet · 36 replies
    McClatchy ^ | June 6, 2014 | Mohamed Salman
    DOHA, Qatar — Five Taliban leaders freed from Guantanamo Bay under a prisoner swap deal with the United States said Friday in their first statement since arriving in Qatar that they would remain “loyal” to the conditions Qatar has set for their release. But the statement gave no information on what those conditions were or whether there are any limitations on their freedom of movement inside Qatar. U.S. officials have said they include a one-year ban on their travel from Qatar. "We want to assure all stakeholders that we are steadfast and loyal to the agreement between the Islamic Emirate...
  • RUSH - Flashback: Obama Wanted to Charge Wounded Veterans for Treatment

    05/22/2014 10:34:53 PM PDT · by Yosemitest · 77 replies
    www.RushLimbaugh.com ^ | May 22, 2014 | Rush Limbaugh
    Flashback: Obama Wanted to Charge Wounded Veterans for Treatment May 22, 2014, by Rush Limbaugh BEGIN TRANSCRIPT RUSH: Ralph in Omaha. Welcome to the program. Hello. CALLER: Thanks, Rush. It's a real honor to be speaking with you. I'm calling because I find Obama's outrage over medical care for the veterans IS MORE THAN A BIT DISINGENUOUS.I recall when he first was elected to office, that it was his thinking thatsince the military were all volunteers anyway,that they should be buying their own medical insurance.And if this was his thinking then, I don't see it being changed now. RUSH:...
  • Senate Intelligence Committee investigating leak to McClatchy, Feinstein says

    04/11/2014 4:27:36 PM PDT · by Oldeconomybuyer · 8 replies
    Sacramento Bee ^ | April 11, 2014 | By Jonathan S. Landay, McClatchy Washington Bureau
    The Senate Intelligence Committee has opened an investigation into how McClatchy obtained the classified conclusions of a report into the CIA’s use of waterboarding and other harsh interrogation tactics, the panel’s chairwoman said Friday. Sen. Dianne Feinstein, D-Calif., said she was also referring the case to the Justice Department for investigation. “If someone distributed any part of this classified report, they broke the law and should be prosecuted,” Feinstein said in a prepared statement. “The committee is investigating this unauthorized disclosure and I intend to refer the matter to the Department of Justice.”
  • McClatchy won't publish photos issued by White House

    11/27/2013 4:14:36 PM PST · by Oldeconomybuyer · 25 replies
    Sacramento Bee ^ | November 27, 2013 | By David Lightman
    McClatchy’s newspaper editors will not publish photographs issued by the White House, Anders Gyllenhaal, vice president for news/Washington editor, told his staff. In an e-mail Tuesday night, he explained his action was "part of a follow-up to concerns raised by news organizations over the administration’s increasingly stringent photo policies." McClatchy owns 30 newspapers.
  • Support for voter ID: Another poll the media has swept under the rug

    08/10/2013 10:02:45 AM PDT · by Oldpuppymax · 1 replies
    Coach is Right ^ | 8/10/13 | Kevin "Coach" Collins
    The media loves polls. Why shouldn’t they, for the most part they control their outcome and can use them to generate fake “news” items. The media used a steady stream of twisted and distorted polls to try to convince America that we were “demanding” strict gun control – even offering one that said eighty percent of Republicans favored tighter background checks. Of course they failed, but that hasn’t stopped them from using polls as weapons against conservatives. Nevertheless, one feature of a poll that will keep the media from using it is a message that the media and its Democrat...
  • McClatchy: Obama approval “plummeting” to 41%

    07/23/2013 8:07:23 AM PDT · by SeekAndFind · 40 replies
    Hotair ^ | 07/23/2013 | Ed Morrissey
    <p>The disappointing results come as the White House this week looks to turn the national conversation back to the economy. Obama will deliver the first of a series of speeches Wednesday aimed at offering his vision for boosting economic growth, even as the new poll found that just 37 percent of the respondents approved of his handling of the economy, while 56 percent disapproved.</p>
  • More Than 35 Newsroom Staff Laid Off at The Oregonian UPDATE: Layoff list tops 90 people

    06/24/2013 2:41:28 PM PDT · by jimbo123 · 27 replies
    Willmette Week ^ | 6/22/13 | AARON MESH
    Newsroom layoffs at The Oregonian have topped 35 reporters, editors and photographers today as the paper reduces home-delivery days and cuts staff. Among the more prominent names WW has confirmed The Oregonian has laid off are editorial columnist David Sarasohn, environmental reporter Scott Learn, and Multnomah County reporter Dana Tims. Many staffers have begun posting their own layoff announcements on the web. Sports reporter John Hunt wrote this morning on Twitter that he is flying home after being laid off with a phone call in Omaha, Neb., where he was covering the Oregon State Beavers baseball team in the College...
  • Leaking Non-Classified Docs at Ag & Educ. Equivalent to Treason/Espionage, Official Govt Policy Says

    06/22/2013 2:52:51 PM PDT · by 2ndDivisionVet · 27 replies
    Breitbart's The Conversation ^ | June 21, 2013 | Ace of Spades
    In response to Mitch McConnell Decries Obama Regime's Culture Of Intimidation and Stifling Of Speech (Video): Labeling James Rosen a co-conspirator in espionage (working with a foreign power) wasn't some lapse by the Obama Administration. It's actually White House policy. Incredible story from McClatchy. Even before a former U.S. intelligence contractor exposed the secret collection of Americans’ phone records, the Obama administration was pressing a government-wide crackdown on security threats that requires federal employees to keep closer tabs on their co-workers and exhorts managers to punish those who fail to report their suspicions. President Barack Obama’s unprecedented initiative, known as...
  • McClatchy: IRS targeting of conservatives may go beyond tax-exempt applications

    05/31/2013 8:39:18 AM PDT · by SeekAndFind · 69 replies
    Hotair ^ | 05/31/2013 | Ed Morrissey
    Could the situation at the IRS get any worse? McClatchy joins CBS News in postulating that the scandal may well expand to more than just applications for tax-exempt status. Both news agencies are starting to take complaints about predatory and punitive audits and other actions and put them into a very ugly pattern — and ask some very difficult questions of the Obama administration: While the developing scandal over the targeting of conservatives by the tax agency has largely focused to date on its scrutiny of groups with words such as “tea party” or “patriot” in their names, these examples...
  • Early Uncertainty on Libya Account [Intelligence Changed "Before Rice Went Public"]

    10/19/2012 9:39:39 AM PDT · by Steelfish · 1 replies
    Wall St. J ^ | October 18, 2012 | ADAM ENTOUS AND SIOBHAN GORMAN
    <p>WASHINGTON—The night before Susan Rice went public with the administration's assessment that the Sept. 11 U.S. consulate attack in Libya grew out of a spontaneous demonstration against an anti-Muslim video, intelligence analysts were receiving new information that contradicted the account she gave.</p>
  • U.S. description of Benghazi attacks, at first cautious, changed after 3 days.

    10/19/2012 9:41:28 AM PDT · by WashingtonSource · 4 replies
    McClatchy Newspapers ^ | October 19, 2012 | Hannah Allam and Jonathan S. Landay
    WASHINGTON — In the first 48 hours after the deadly Sept. 11 attacks on U.S. diplomatic outposts in Libya, senior Obama administration officials strongly alluded to a terrorist assault and repeatedly declined to link it to an anti-Muslim video that drew protests elsewhere in the region, transcripts of briefings show. The administration’s initial accounts, however, changed dramatically in the following days, according to a review of briefing transcripts and administration statements, with a new narrative emerging Sept. 16 when U.S. ambassador to the United Nations Susan Rice asserted in a series of TV appearances that the best information available indicated...
  • McClatchy: Obama admin changed story on Benghazi to blame video 3 days after attack

    10/19/2012 10:32:59 AM PDT · by Red Steel · 37 replies
    Hot Air ^ | 8:41 am on October 19, 2012 | Ed Morrissey
    Barack Obama insisted in the presidential debate on Tuesday night that he had called the Benghazi attack an “act of terror” in his Rose Garden address the next day.  Fact-checkers called shenanigans on that claim, but McClatchy notes that Obama did call it an “act of terror” the next day at campaign stops in Colorado and Nevada on September 13th.  On the same day, the State Department refused to link the Benghazi attack to the YouTube video that media outlets like the New York Times and AFP had.  Hillary Clinton called it a terrorist attack that evening. However, the next day,...
  • Former Owner of Pittsburgh Pirates Comes Out

    09/24/2012 4:01:43 PM PDT · by TurboZamboni · 36 replies
    abc news ^ | 9-24-12 | abby ellin
    By Abby Ellin Sep 22, 2012 9:19pm Former Owner of Pittsburgh Pirates Comes Out Email 10 Smaller Font Text Larger Text | Print (Image credit: Rich Pilling/MLB Photos via Getty Images) Kevin McClatchy, the former owner of the Pittsburgh Pirates, has an announcement: He’s gay. After years of soul searching and hiding his sexuality, McClatchy, now 49, came out to the New York Times. In the interview, McClatchy, who was the public face of the Pirates for 11 years, said that he felt obligated to go public. “I’ve spent 30 years — or whatever the number is specifically — not...
  • Former Pirates owner tells Times he's gay

    09/23/2012 12:04:44 PM PDT · by Uncle Slayton · 54 replies
    AP ^ | 9/22/12
    NEW YORK (AP) -- Kevin McClatchy, the former owner of the Pittsburgh Pirates and now the board chairman at the McClatchy Company newspaper chain, said in an interview with The New York Times that he is gay.
  • A New Inning, Late in the Game

    09/22/2012 10:58:30 AM PDT · by ConservativeStatement · 8 replies
    New York Times ^ | September 22, 2012 | FRANK BRUNI
    THE way Kevin McClatchy figured it, he had to choose. He could indulge his dream of presiding over a big-time professional sports team, or he could be open about his sexuality. The two paths didn’t dovetail. He went with sports, and in February 1996, at the age of 33, became the youngest owner in major league baseball when he led a group of investors who bought the Pittsburgh Pirates.
  • McClatchy invests in company to guard news content

    01/05/2012 10:36:18 AM PST · by SmithL · 8 replies
    Sacramento Bee ^ | 1/5/12 | Dale Kasler
    The McClatchy Co. of Sacramento said today it's one of 29 initial investors in a company designed to license and make profit from online news content.McClatchy, which publishes The Bee, joined with other news companies in launching NewsRight, a fledgling business led by former ABC News President David Westin . . .
  • Rage at Wall Street rises as its cash rains on candidates

    10/18/2011 5:36:37 AM PDT · by WOBBLY BOB · 20 replies
    pioneer press/McCrappy Newspapers ^ | 10-18-11 | David Goldstein
    Anti-Wall Street protests are growing in number across the country and around the globe, but their political impact remains unclear and will likely depend upon their staying power. At a minimum, the protests have become a channel for public anger over rising economic inequality and Washington's ineffectiveness. "They are a pretty good thermometer for the level of discontent in the country," said John Green, director of the Ray C. Bliss Institute of Applied Politics at the University of Akron. "But the connection between Republicans and Wall Street and the banks will surely be an election issue next year." Romney used...
  • Latest McClatchy/Marist poll: 39% Approval Rating for Obama, Lowest of Presidency

    09/20/2011 9:38:36 AM PDT · by DestroyLiberalism · 43 replies
    McClatchy-Marist ^ | September 20, 2011 | Marist
    President Barack Obama faces a litany of bad news. The president’s job approval rating, his favorability, and his rating on the economy have hit all-time lows. To compound matters, three in four Americans still believe the nation is in a recession and the proportion who thinks the country is moving in the wrong direction is at its highest point in more than a decade. President Barack Obama According to this McClatchy-Marist Poll, the president’s approval rating is at 39% among registered voters nationally, an all-time low for Mr. Obama. For the first time a majority — 52% — disapproves of...
  • Is higher joblessness rate the 'new normal'?

    06/12/2011 3:07:51 PM PDT · by WOBBLY BOB · 34 replies
    McClatchy ^ | 6-11-11 | kvein hall
    WASHINGTON - A "new normal" is emerging for the U.S. jobs market, and a growing number of economists warn that it's likely to mean that unemployment will remain persistently high, at 7 percent or more, for years to come. The 9.1 percent unemployment rate reported in May remains high by post-World War II standards long after the economy resumed growth following the worst recession in 70 years. It's prompting economists to rethink basic assumptions about the U.S. labor market.
  • Failed Miami Herald Editor Rewarded With McClatchy Promotion

    10/31/2010 6:50:44 PM PDT · by PJ-Comix · 5 replies
    NewsBusters ^ | October 31, 2010 | P.J. Gladnick
    Call it the Peter Principle 2.0. Instead of just promoting someone to the level of his incompetence, McClatchy Newspapers has actually promoted failed Miami Herald executive editor, Anders Gyllenhaal, beyond his level of his incompetence. Is your humble correspondent being a bit too harsh in his assessment of Anders Gyllenhaal's capabilities? Allow me to enter into the record the judgement in September of the people who actually worked for him at the Herald: Last week, several Miami Herald editors and reporters wrote a letter to the paper's management asking it to stop focusing on delivering quick news and return to...
  • Sacramento Bee will cut 29 more jobs (Dinosaur Media DeathWatch™)

    10/04/2010 5:32:41 PM PDT · by abb · 10 replies
    Sacramento Business Journal ^ | Melanie Turner | October 1, 2010
    The Sacramento Bee Friday announced it will eliminate 29 more jobs this month, in response to a continuing dip in advertising revenue. Publisher and president Cheryl Dell made the announcement at 9:30 a.m. to top managers at The Bee. Employees learned of the cuts in a memo from Dell, said Pam Dinsmore, a spokeswoman for The Bee. The cutbacks include voluntary buyouts and layoffs, though the vast majority are voluntary. Dinsmore said 22 of the 29 people had said if there’s another round of staff reductions they would be willing to be on that list. “The challenges continue to be...
  • Jack Cashill: Anatomy of a Racial Smear

    03/24/2010 10:43:46 PM PDT · by neverdem · 10 replies · 837+ views
    American Thinker ^ | March 24, 2010 | Jack Cashill
    For the last year, the media have been desperately trying to hang the "racist" tag around the Tea Party movement as a way to discredit it. This past weekend, they would seem to have finally succeeded. The McClatchy newspaper chain, whose slogan is "truth to power," launched an opening salvo on Saturday, March 20 with the inflammatory headline -- its exact words -- "Tea party protesters scream 'nigger' at black congressman." That is "protesters" in the plural who "scream" a racial epithet, "nigger," at a particular "congressman." This one headline contains one perilously uncorroborated accusation and three conscious fabrications, beginning...
  • New layoffs at Anchorage Daily News (Dinosaur Media DeathWatch™)

    01/14/2010 2:00:37 PM PST · by abb · 14 replies · 677+ views
    Alaska Dispatch ^ | January 14, 2010 | Craig Medred and Tony Hopfinger
    Anchorage Daily News managers on Tuesday announced their intention to eliminate the jobs of a handful of journalists as McClatchy Co., a California-based newspaper chain, continued its strategy of maintaining profit margins by cutting costs. Over the past two years, dozens at the newspaper have been laid off, taken buyouts or left on their own, as what was once Alaska's only statewide newspaper has retreated back to the 49th state's largest city. Insiders say Daily News circulation, down from more than 70,000 to near 50,000 papers a day, is continuing to decline, while cuts in news staff have hampered efforts...
  • Senator Jim DeMint Steps Up Again to Lead. McClatchy Newspapers Cries.

    12/29/2009 6:31:38 AM PST · by Def Conservative · 6 replies · 849+ views
    McClatchy Newspapers is the alleged “news” organization that runs terrorist propaganda out of Iraq as legitimate news. It’s Washington editor tried very hard to push local McClatchy reporters in North Carolina to write damaging stories on Blackwater. It hired anonymous Iraqis during the Iraq War to write lots of unverifiable stories about the horrors of American soldiers. Today, in another example of its bias, its national news feed runs the headline Who’s running the TSA? No one, thanks to Sen. Jim DeMint. Compare that to the Washington Post, which ran the identical story with the headline “Republican senator DeMint holds...
  • (Columbus, GA) Ledger-Enquirer to furlough nearly 1/2 its employees (Dinosaur Media DeathWatch™)

    09/03/2009 4:26:27 PM PDT · by abb · 13 replies · 817+ views
    Ledger-Enquirer ^ | September 2, 2009 | Tony Adams
    The Ledger-Enquirer will require nearly half of its employees to take a week off without pay beginning Sept. 6, said Valerie Canepa, the newspaper’s publisher, on Wednesday. The mandatory furloughs impact 88 of 174 employees — including the newsroom — and will run through Dec. 12. Exempt are advertising sales employees, most production workers and the staff of The Bayonet, a publication that focuses on Fort Benning. The furloughs come with the newspaper industry nationwide under financial pressure from the severe recession and print readers migrating to the Web for news. “We have an excellent newspaper and a building full...
  • Here's The Truth: 'Birther' Claims Are Just Plain Nuts [Consider The Source: McClatchy]

    07/30/2009 7:05:35 PM PDT · by Steelfish · 28 replies · 695+ views
    McClatchy Newspapers ^ | July 30th 2009
    Here's the truth: 'Birther' claims are just plain nuts By Steven Thomma | McClatchy Newspapers WASHINGTON — The false allegation that President Barack Obama was born in another country is more than a fact-free hit job. Marked by accusations and backstabbing, it's the story of how a small but intense movement called "birthers" rose from a handful of people prone to seeing conspiracies, aided by the Internet, magnified without evidence by eager radio and cable TV hosts, and eventually ratified by a small group of Republican politicians working to keep the story alive on the floors of Congress and the...
  • McClatchy expected to post second-quarter loss (Dinosaur Media DeathWatch™)

    07/20/2009 8:55:49 AM PDT · by abb · 17 replies · 646+ views
    Chicago Tribune ^ | July 20, 2009 | Staff
    Newspaper publisher McClatchy Co. is scheduled to report its second-quarter results before the stock market opens Tuesday. The following is a summary of key developments and analyst opinion related to the period. OVERVIEW: Hardly anything has gone right during the past few years for the owner of The Miami Herald and 29 other daily newspapers. The hard-luck theme is unlikely to change in the Sacramento-based company's second-quarter earnings report. With the newspaper advertising market in ruins, another loss seems certain. As the losses mount, the chances of a bankruptcy filing rises. That's because McClatchy is saddled with $2 billion in...
  • Is this the American Way? (The Left Goes After Frank Ricci)

    07/13/2009 10:43:33 AM PDT · by mojito · 26 replies · 1,281+ views
    Power Line ^ | 7/132009 | Paul Mirengoff
    People for the American Way, the left-wing smear machine, is (In the words of McClatchy press service) quietly targeting Frank Ricci, the Connecticut firefighter whose successful lawsuit for racial discrimination has proven to be so inconvenient for Judge Sotomayor. Specifically, People for the American Way, along with other such drive-by hit artists, is urging reporters to scrutinize Ricci's allegedly "troubled and litigious work history." So far, the lefty blogosphere, at least, has taken up the call. Ricci is on the list of witnesses Republican Senators will call at Sotomayor's confirmation hearing. But does this make his "litigious work history" an...
  • Sanford Emails

    06/24/2009 3:16:10 PM PDT · by ArtyFO · 155 replies · 5,396+ views
    Beaufort Gazette ^ | 6-24-09 | Beaufort Gazette
    Below are excerpts of e-mails, obtained by The State newspaper in December, between Gov. Mark Sanford and Maria, a woman in Buenos Aires, Argentina. The State has removed the woman’s full name and other personal details, including her address, e-mail address and children’s name. Sanford’s office Wednesday did not dispute the authenticity of the emails. McClatchy special correspondent Angeles Mase visited the 14-story apartment building in Buenos Aires Wednesday where the woman lives, according to the emails, which included her address. The woman at the address answered to the name in the emails and, at first, agreed to speak to...
  • Response To Cheney’s Speech Ignored Some Inconvenient, Full Truths

    05/22/2009 12:24:47 PM PDT · by Starman417 · 10 replies · 1,013+ views
    Flopping Aces ^ | 05-22-09 | Scott Malensek
    Propaganda is described in many ways, but one of those has got to be the kneejerk reliance and subsequent marketing of half quotes as whole truths. A half quote is a half truth, and this poor excuse for honest, factually accurate information is no doubt why newspapers are failing, and why their writers are fleeing to the Obama Administration for PR employment as spinmeisters. Take for example this article: WASHINGTON — Former Vice President Dick Cheney's defense Thursday of the Bush administration's policies for interrogating suspected terrorists contained omissions, exaggerations and misstatements. In his address to the American Enterprise Institute,...
  • McClatchy Report on Cheney Speech Sounds Like DNC Talking Points Memo

    05/22/2009 5:32:54 AM PDT · by PJ-Comix · 15 replies · 595+ views
    NewsBusters ^ | May 22, 2009 | P.J. Gladnick
    Would anybody at the ailing McClatchy Newspapers care to point out to us even the slightest hint of neutrality in the reporting of two correspondents for that chain, Jonathan S. Landay and Warren P. Strobel, on former Vice President Dick Cheney's speech yesterday about terrorism? You sort of get the idea where these two are coming from just by reading the title of their report: "Cheney's speech contained omissions, misstatements." And in case you still haven't figured out their biases, Landay and Strobel hammer it home again in the first paragraph: WASHINGTON — Former Vice President Dick Cheney's defense Thursday...
  • McClatchy Reports First Quarter Results (Losing money with BOTH hands - Dinosaur Media DeathWatch™)

    04/23/2009 6:16:07 AM PDT · by abb · 11 replies · 414+ views
    Yahoo Biz ^ | April 23, 2009 | Staff
    April 23 /PRNewswire-FirstCall/ -- The McClatchy Company (NYSE: MNI - News) today reported a net loss from continuing operations in the first quarter of 2009 of $37.7 million, or 45 cents per share. Adjusted for certain items, (1) the loss from continuing operations was $22.9 million, or 28 cents. Net loss from continuing operations in the first quarter of 2008 was $993,000, or one cent per share. Adjusted for certain items, (1) earnings from continuing operations were $2.8 million, or three cents in the first quarter of 2008. Revenues from continuing operations in the first quarter of 2009 were $365.6...
  • McClatchy Headline: 'Liberal TV Host Rachel Maddow Works for Civility'

    04/21/2009 5:41:21 PM PDT · by PJ-Comix · 20 replies · 715+ views
    NewsBusters ^ | April 21, 2009 | P.J. Gladnick
    Talk about a divorced from reality headline! Check out this McClatchy Newspapers headline: "Liberal TV Host Rachel Maddow Works for Civility." The article itself, dateline Los Angeles by Rick Bentley, follows the lead of its fawning headline: MSNBC boasts Maddow has become the network's first program to beat CNN talker Larry King in more than a dozen years. Maddow had been hosting her own show for just over four months when she sat down to talk at the Universal Hilton. This wasn't a chat about politics. It's all about her. Stand by now for the money quote and please put...
  • Kansas City Star starts charging subscribers extra for its television section

    03/14/2009 5:44:37 AM PDT · by PJ-Comix · 8 replies · 770+ views
    McClatchy Watch ^ | March 13, 2009 | McClatchy Watch
    Talk about finding new and creative ways to insult subscribers... The Kansas City Star plans to charge subscribers an extra 25 cents a week if they want to continue getting the paper's TV supplement, according to an announcement published in the KC Star this week.How bad are things at the Kansas City Star these days? So bad that the newspaper is now going to charge customers 25 cents extra each week if they want its flimsy, 12-page StarTV section that has been included in its Sunday paper for years.Home delivery customers will no longer receive the section after April 5...
  • McClatchy to cut 1,600 jobs (Hey "Objective Reporters", don't forget to wear your hairnets)

    03/09/2009 4:24:11 AM PDT · by tobyhill · 15 replies · 671+ views
    reuters ^ | 3/9/2009 | reuters
    U.S. newspaper publisher McClatchy said on Monday it would cut 1,600 jobs, or about 15 percent of its workforce, in an attempt to deal with the faltering economy and a decline in advertising revenue.
  • McClatchy to Cut 1,600 More Jobs as Part of Restructuring

    03/09/2009 11:34:48 AM PDT · by NormsRevenge · 5 replies · 330+ views
    Wall Street Journal Online ^ | 3/9/09 | Kerry E. Grace
    McClatchy Co. will cut 1,600 jobs, or 15% of its work force, and cut salaries, including for its chief executive, as the company looks to save money and navigate through what it called "an increasingly poor national economic environment. Last month, the ailing newspaper publisher had announced plans to cut costs by up to another $110 million, but it didn't provide any details. The latest job cuts come on top of a plan announced in September to cut 10% of its work force to save $100 million annually. As with other newspaper companies, McClatchy is suffering as readers and advertisers...
  • (Ft.Worth) Star-Telegram to reduce work force, enact wage cuts (Dinosaur Media DeathWatch™)

    03/05/2009 9:34:41 AM PST · by abb · 32 replies · 680+ views
    Ft. Worth Star Telegram ^ | March 5, 2009 | Staff
    Star-Telegram Publisher Gary Wortel announced today that because of "unprecedented revenue declines due to the economic recession," the paper would be reducing its work force by about 12 percent and enact a wage cut. In a memo to employees, Wortel said the reductions would occur in virtually all areas of the paper's operations. In addition to involuntary layoffs, he said a voluntary buyout plan is being offered to many of the more than 1,000 workers. The Star-Telegram reduced its work force by about 18 percent last year through voluntary buyouts, layoffs, attrition and outsourcing. The paper also reduced expenses by...
  • McClatchy: Our stake in the Seattle Times is now worthless (Dinosaur Media DeathWatch™)

    03/04/2009 2:37:54 PM PST · by abb · 38 replies · 811+ views
    Seattle Post-Times ^ | March 4, 2008 | Chuck Taylor
    Newspaper giant McClatchy, which owns 49.5 percent of the voting stock in the Seattle Times Co., is now valuing that position as worthless. In the latest 10K filing with the Securities and Exchange Commission, McClatchy says the Seattle Times Co. in 2008 "recorded a comprehensive loss related to its retirement plan liabilities." As a result, says McClatchy, "the Company’s investment in STC at December 28, 2008 is zero, and no future income or losses from STC will be recorded until the Company’s carrying value is restored through future earnings by STC. Accordingly, no significant income or losses are expected to...
  • McClatchy reports 4Q loss on newspapers' decline

    02/05/2009 12:32:12 PM PST · by NormsRevenge · 2 replies · 222+ views
    AP on Yahoo ^ | 2/5/09 | Anick Jesdanun - ap
    NEW YORK (AP) -- Newspaper publisher McClatchy Co. reported a $21.7 million loss for the fourth quarter on Thursday, reflecting the declining value of its newspapers, and said it plans deep cost cuts this year. McClatchy, which publishes The Miami Herald, The Sacramento (Calif.) Bee and other newspapers, wouldn't say how much, if any, of the $100 million to $110 million in cuts would come from layoffs. The company said plans were still being completed. The company, which already has imposed a companywide wage freeze through September, said it also would freeze pension plans and suspend matches to its 401(k)...
  • McClatchy Reports Q4 Results(-25¢/sh - Dinosaur Media DeathWatch™)

    02/05/2009 6:26:06 AM PST · by abb · 26 replies · 576+ views
    Yahoo Biz ^ | February 5, 2009 | Staff
    he McClatchy Company (NYSE: MNI - News) today reported a net loss from continuing operations in the fourth quarter of 2008 of $20.4 million, or 25 cents per share, including a pre-tax non-cash impairment charge of $59.6 million related to newspaper mastheads. Adjusted earnings from continuing operations(1) were $21.8 million, or 26 cents per share, in the fourth quarter of 2008 after excluding several unusual items discussed below. Total net loss including discontinued operations was $21.7 million, or 26 cents per share in the 2008 fourth quarter. snip For the fourth quarter of 2007, the company reported an after-tax loss...
  • McClatchy suspends quarterly dividend indefinitely (Dinosaur Media DeathWatch™)

    01/27/2009 5:05:02 PM PST · by abb · 15 replies · 524+ views
    Associated Press ^ | January 27, 2009 | Staff
    McClatchy to pay 1Q dividend but suspend quarterly dividend after that to conserve cash SACRAMENTO, Calif. (AP) -- McClatchy Co., the nation's third-largest newspaper publisher, said Tuesday it is suspending its quarterly dividend after paying out its dividend for the first quarter of 2009 so it can save up cash to repay its debts. The publisher of papers such as The Miami Herald and The Sacramento Bee said it declared a quarterly cash dividend of 9 cents payable on April 1 to shareholders of record on March 11. But the company said in a news release that after that, the...
  • McClatchy Political Reporter Writes Fawning Obama Fashion Story

    01/06/2009 5:02:54 PM PST · by PJ-Comix · 10 replies · 457+ views
    NewsBusters ^ | January 6, 2009 | P.J. Gladnick
    The late Mr. Blackwell could have gotten a job as a political reporter for McClatchy newspapers. Should you doubt this assessment, then check out this McClatchy newspapers report about Barack Obama written by Halimah Abdullah which was described by McClatchy Watch as sounding like a cross between GQ and Teen magazine. A video showing Obama "Yes We Can" power ties was even included at the top of the story. You won't find a trace of political analysis in the story by this political reporter but it is chock full of fashion: WASHINGTON — President-elect Barack Obama radiates a certain stylistic...
  • Twilight of the Clods: McClatchy VP Goes Berserk

    12/26/2008 5:18:16 AM PST · by PJ-Comix · 12 replies · 1,562+ views
    NewsBusters ^ | December 26, 2008 | P.J. Gladnick
    The McClatchy publishing company is more and more beginning to resemble an isolated bunker in the final stages of Götterdämmerung as ugly reality, such as their 99% stock price plunge, closes in on both fronts. Inside the bunker a leader is screaming madly, conjuring up phantom armies to ward off the unpleasant facts facing his company. However, in this case their ranting leader in the bunker isn't McClatchy CEO Gary Pruitt who is probably already quietly contemplating his permanent exile with his surfboard off the coast of Satellite Beach but Howard Weaver (photo), the outgoing VP of News at that...
  • McClatchy Employees Cheer Iraqi Shoe Tosser as Stock Plunges 99%

    12/25/2008 3:47:53 PM PST · by PJ-Comix · 42 replies · 2,715+ views
    NewsBusters ^ | December 25, 2008 | P.J. Gladnick
    Employees of McClatchy publishing in Iraq were in an unually good mood recently. The occasion was the aftermath of the Iraqi journalist who tossed his shoes at President Bush at a press conference in Baghdad as you can see in these quotes from Inside Iraq, a blog for McClatchy journalists working in that country: Some of the guys were happy and they were talking about the bravery of the journalist who threw his shoes at the American president. When I tried to explain my opinion, I was trying to tell the guys that I don't agree with the way the...
  • McClatchy CEO Gary Pruitt Performs a 'Baghdad Bob'

    12/09/2008 5:15:22 AM PST · by PJ-Comix · 8 replies · 674+ views
    NewsBusters ^ | December 9, 2008 | P.J. Gladnick
    Remember Baghdad Bob? He was the Iraqi press spokesmen who caused much amusement in the West because of his unrealistically upbeat pronouncements when Iraq was invaded by the United States and its allies in 2003. Among Baghdad Bob's funnier announcements was his declaration that no Americans were in Baghdad at the same moment when American troops were patrolling the streets of that city just a few hundred yards from where he was holding that press conference. Well, the newspaper industry has its own Baghdad Bob in the form of McClatchy CEO, Gary Pruitt, who in early 2007 gave his own...
  • McClatchy puts Miami Herald up for sale (More bad "news" for the MSM)

    12/07/2008 9:15:01 PM PST · by prismsinc · 13 replies · 860+ views
    HrealdTribune.com ^ | 12-07-08 | RICHARD PEREZ-PENA
    The McClatchy Co., burdened by debt and a steep slide in newspaper advertising, wants to sell one of its most prized properties, The Miami Herald, according to people briefed on the company's plans. McClatchy, the nation's third-largest newspaper chain, has approached potential buyers for The Herald, said these people. But they said they knew of no serious offers for the paper, reflecting the evaporation of major investors' interest in buying newspapers. The company refused to discuss the matter. Elaine Lintecum, the treasurer, said, "We do not comment on market rumors."
  • McClatchy Revenue Down 18% On Continued Ad Softness (Dinosaur Media DeathWatch™)

    11/19/2008 2:43:20 PM PST · by abb · 34 replies · 602+ views
    Editor & Publisher ^ | November 19, 2008 | Staff
    October provided no relief for The McClatchy Co., with the nation's third-largest newspaper company reporting Wednesday that consolidated revenues dropped 17.8% in the month compared to a year ago on advertising that slipped 20.4%. The month was an essential re-run of steep ad revenue fall-off the chain has been reporting month after month this year. Classified ad revenue, for instance, dropped 35.8% on continuing precipitous drops in the most important categories. Employment was down 48.6% for the month, real estate down 41.5%, and automotive down 30.5%. Retail ad revenue fell 11%, and national was off 13.9%. There was one bright...
  • Media Deathwatch: McClatchy Media Stock Near Zero

    11/14/2008 12:54:28 PM PST · by Bill Dupray · 18 replies · 667+ views
    The Patriot Room ^ | November 14, 2008 | Bill Dupray
    I love this stuff. The free market is such an unforgiving mistress. McClatchy publishes about 30 newspapers around the country, including The Miami Herald, The Charlotte Observer, The Kansas City Star, and The Sacramento Bee. And while they will blame falling circulation on the internet, they also happen to be card-carrying members of the liberal MSM. It is amazing how suicidal these left-wing media types are. More . . .
  • Hate-Filled Attacks on Obama - Vanity

    10/21/2008 2:05:15 PM PDT · by engrpat · 42 replies · 952+ views
    Vanity | 10-21-08 | Vanity
    Today I posted an article by David Lightman of McClatchy Newspapers entitled Hate-filled Attacks on Obama... and wrote the author a email asking when I could expect a article outlining the attacks of the left on Bush, McCain and Pallen? Well he wrote back and asked for proof. Can Freepers help with well documented stories? Thanks.
  • McClatchy Reports Third Quarter Results (profit, revenues down - Dinosaur Media DeathWatch™)

    10/21/2008 6:18:23 AM PDT · by abb · 14 replies · 357+ views
    PR Newswire ^ | October 21, 2008 | Staff
    The McClatchy Company today reported net income from continuing operations in the third quarter of 2008 of $4.2 million, or five cents per share. Adjusted earnings from continuing operations(1) were $10.4 million, or 13 cents per share, in the third quarter of 2008 after excluding the unusual items discussed below. The company's total net income including discontinued operations was $4.2 million or five cents per share. Earnings in the third quarter of 2008 included the impact of several unusual items including: an adjustment to the second quarter gain on the sale of a one-third interest in SP Newsprint Company; a...