Each title went for barely $9 million, less than half the $20 million Halifax Media paid for the Daytona Beach News-Journal alone when it acquired that paper in April 2010–at discount from the $300 million price originally set by a federal judge in 2006.
daytona beach news-journal
Palm Coast Observer Bucks Bleaker Newspaper Trends As Weekly Nears 2-Year Mark
The Palm Coast Observer’s latest audit shows a weekly print run of 25,000 and a household reach in Palm Coast exceeding 60 percent, compared with the News-Journal’s daily reach of 20 percent.
News-Journal Circulation Drops Another 4.5%, Now Below 9,000 in Flagler Households
The News-Journal’s losses–the paper now reaches just a fifth of Flagler households–are at odds with gains at the St. Augustine Record and an end to declines, for now, at the Orlando Sentinel and the Jacksonville Times-Union.
Heist in Print: How Newspapers Sold Their Soul to Business Brigands
Ethics in newspaper media, such as the once-inviolable church-state wall between newsrooms and the business department, are for the most part history as newspapers seek profits at the expense of public trust, Donald Kaul argues.
Circulation Still Declining at News-Journal, Rising at Sentinel and St. Augustine Record
The News-Journals losses over the past 12 months were not as steep as in previous years: a 1.2 percent decline on weekdays, 2.5 percent decline on Sundays, though other regional newspapers are seeing increases in circulation.
News-Journal Inexplicably Spikes Follow-Up Story on Drowning of 3-Year-Old Girl
The story, spiked Wednesday evening after being approved for the next day’s paper, cited police saying that the girl’s 5-year-old brother had told his mother he’d drowned his sister–information that other media reported Wednesday evening.
Happy Anniversary: News-Journal Owner Wants News Crew Selling Subscriptions & Ads
At the 1-year mark of his ownership, News-Journal publisher Michael Redding is offering $25 to staffers who secure a 3-month subscription, $40 to those who get 6-month deal, and $50 to those who land $100 in advertising. Newsroom staffers are “insulted.”
News-Journal Pounds 71-Year-Old Palm Coast Man’s Door Over $3.97 Bill; Gun and Cop Follow
Robert Leard of Palm Coast’s R section dropped his subscription last year. A salesman showed up and pounded on his door Saturday night. Frightened, Leard told him to “get the hell away from my door.” All over $3.97.
News-Journal Circulation Plummets 10% in First 6 Months Under New Ownership
The News-Journal circulation has fallen by more than 41,000 copies, or 39 percent since 2005 though its recent, accelerating decline is far steeper than losses the newspaper industry is experiencing across the country.
$15 Million Short, Federal Insurance Fund Takes Over News-Journal’s Pension Plan
A federal judge ruled against adequately funding News-Journal retirees’ pension plan, ordering instead that $40 million in cash and other values should go to Cox, the newspaper’s former minority owner.