US newspaper misspells own name on front page!

American newspaper Valley News has set a new media standard for spelling mistakes, somehow managing to misspell its own name on its front page masthead. The New Hampshire tabloid called itself the 'Valley Newss' on July 21 in a remarkable blunder. The next day the newspaper, which covers the Upper Valley area straddling New Hampshire and Vermont, published an 'Editor's Note' acknowledging the error.

"Readers may have noticed that the Valley News misspelled its own name on yesterday's front page," the Telegraph quoted 'Editor's Note,' as stating. "Given that we routinely call on other institutions to hold themselves accountable for the mistakes, let us say for the record: We sure feel silly," the note added. Online blog Regret the Error - which monitors media spelling mistakes - has already named the Valley Newss as the favourite to take out its Typo of the Year award.

NY Times Wins Ruling In Anthrax Libel Case.

A U.S. appeals court is upholding the dismissal of a libel lawsuit by former Army scientist Steven Hatfill against the New York Times Co. over columns he said implicated him in the 2001 anthrax attacks. A judge says Hatfill failed to show that the newspaper acted with malice.

Mmm....You know how I feel bout the NYT and their highjinks!

Source: Where else....NYT

Chicago Tribune, LA Times Leaders Resign.

Tribune says Los Angeles Times publisher David Hiller and Chicago Tribune editor-in-chief Ann Marie Lipinski are resigning, seven months after real-estate billionaire Sam Zell completed his buyout of the company. Lipinski says her position "is not the fit it once was."

Source: Bloomberg

Wall St Journal to Raise Cover Price to $2!!

Starting on July 28, the Wall Street Journal will raise its cover price from $1.50 to $2.00, putting it on a par with the Financial Times. Distributors are said to be unhappy about the way the Journal has handled the increase, offering them only 5 cents per copy of additional revenue.

Source: Portfolio

Few Print Readers Use Local Newspaper Sites.

Web sites are touted as the "great online hope" of print publications. However, according to a survey by the Readership Institute at NorthWestern University, newspaper sites have limited penetration. Some 62% of respondents have never visited their local daily paper's site.

Source: Seeking Alpha

FREE NEWS IS KILLING NEWSPAPERS!

The newspaper industry is in a bad spot. Actually, run a correction on that statement — newspapers are in a "time to panic" spot. The business model is collapsing, ad dollars are disappearing, newsprint prices are at a 12-year high and the Internet is just giving news away for free. On July 2, the Los Angeles Times announced it was cutting more than one-sixth of its newsroom staff; the Tampa Tribune said it would cut 20%.

Source: Time

NY Times Launches Social Site TimesPeople.

The New York Times is adding a feature to its Web site that takes a few cues from social sites like Facebook and Digg. Users of the new TimesPeople can build friends lists and see a "news feed" of which stories their friends are recommending and commenting on.

Yahoo Adds 94 Newspapers to Consortium

Yahoo says 94 newspapers are joining its online advertising consortium, bringing the total to nearly 800. The venture sells online ads on newspaper Web sites. New members include the Chicago Sun-Times, the Milwaukee Journal Sentinel and the Honolulu Star-Bulletin.

New York Post Site to Run Wedding Videos.

A new wedding section on the Web site of Rupert Murdoch's New York Post will allow readers to upload their own wedding photos and videos. "We want to feature your wedding photo and love story in the city's most exciting new wedding pages," says the Post's Web site.

JUST GO: Washington Post paying OFF employees into retirement!

More than 100 Washington Post reporters, editors, photographers and artists will take early retirement packages offered by the parent company as a way to cut costs, reducing the newsroom staff by at least 10%. There is no plan "right now" to eliminate sections of the paper.

NY Times Opens Online 'TimesMachine' Archives.

The New York Times is opening its archives online with its new TimesMachine, a collection of full-page image scans of the newspaper from 1851 to 1922. Currently, all users can see a TimesMachine sampler of pages, but only home delivery subscribers will have unlimited access.

USA Today Founder: Newspapers are not dying!

Times are "a little tough" for U.S. daily newspapers, admits Al Neuharth, founder of Gannett's USA Today. "But most still have profit margins well above most other businesses." Under new owner Rupert Murdoch, the Wall Street Journal is "the most improved newspaper in the country."

BET's CEO blasts Washington Post!

DC-based Black Entertainment Television Chairman Debra Lee fires back at the Washington Post for its critical piece of a few days ago. "We are proving every day that BET can thrive as a business while offering the full range of images - yes, including some that our critics would prefer to never see. We regret that the Post seemed to have made so little effort to acknowledge how we are changing, improving and serving the needs and aspirations of our viewers - aspirations that are more often than not ignored by other networks." In a letter-to-the-editor in Saturday's Post.

News Corp. withdraws bid to buy NY newspaper Newsday!

News Corp., the media conglomerate controlled by Rupert Murdoch, has withdrawn its bid to purchase the Long Island paper Newsday, a News Corp. spokeswoman said Saturday.

Globe, La Presse dominate National Newspaper Awards.

The Globe and Mail and La Presse led Canada's 59th National Newspaper Awards Friday night, with many prizes handed to stories concerning Canada's involvement in Afghanistan. Congrats to Globemedia!

Chicago Sun Times investors are eyeing the sale of the company!

A number of investors are expressing interest in buying at least part of Sun-Times Media, the publisher of the Chicago Sun-Times, says CEO Cyrus Freidheim Jr. Sun-Times announced earlier this year it had begun exploring "strategic options," including a sale of some or all of its assets.

LA Times to Launch HollywoodBacklot.com .

Tribune's LATimes.com is preparing to launch a behind-the-scenes film Web site called HollywoodBacklot.com. The advertising-supported site will feature sharable photos from the sets of movies and television shows. LATimes.com is set to bring in $25 million in ad revenue this year.

MADNESS: Fiji is DEPORTING Newscorp Editor saying he's a threat to national security!!

Fiji's military government is ordering the publisher of Rupert Murdoch's Fiji Times newspaper, Evan Hannah, to be deported, saying he is a threat to national security. The move is the latest crackdown on the media in Fiji since military commander Frank Bainimarama seized power in 2006.

U.S. Newspaper Circulation Still Dropping.

U.S. newspaper circulation is continuing its steep downward slide, according to new figures released by the Audit Bureau of Circulations. The New York Times lost 150,000 copies on Sunday in the last reporting period.

Even more newsroom jobs to vanish at the New York Times!

The New York Times is informing the newsroom that it will probably resort to layoffs to reduce head count, as the deadline for voluntary buyouts looms. "This is the first time the newsroom as a whole has confronted [this] blunt reality," says a memo from assistant managing editor Bill Schmidt. What happened to the snitching gains from the hooker story?