After hearing more testimony yesterday on whether CEO Ben Eason should retain control the six-paper chain or if it should be turned over to its biggest creditor Atayla Capital Management, Judge Caryl Delano Delano said she will ask both sides to submit written closing arguments, which she will mull over for several days before making a ruling. MORE: Read dispatches from former CL employees Ken Edelstein and Alex Pickett.
The upcoming film based on Beverly Cleary's classic children's book series will be set in Portland, but it is being shot in Vancouver, British Columbia. So how do the set designers hope to replicate Portland in Canada? With Willamette Week news boxes, of course. "The set design department contacted WW publisher Richard Meeker last week, requesting permission to create replicas of WW's blue boxes to use in their streetscapes," the alt-weekly reports. The film may also feature Ramona's dad looking for work via WW's classifieds.
BIA Advisory Services and the Kelsey Group predict that U.S. local ad revenues will continue to decline through 2013. The only segment that is expected to grow in the next four years is local interactive, which includes mobile, local search, online verticals and classifieds, voice search and email marketing. BIA and Kelsey are forecasting revenue growth in that sector from $14 billion in 2008 to $32.1 billion in 2013.
In May, Matt Gibson plans to launch and edit Montana Headwall, a quarterly lifestyle magazine focusing on the state's outdoor recreation scene. Initial plans call for a distribution of 10,000 copies. Most copies will be free of charge but the magazine will cost $4.95 at certain locations like supermarkets and bookstores.
In its annual State of the News Media report, the Project for Excellence in Journalism says that alt-weeklies had a tough year in 2008, citing the Creative Loafing bankruptcy, among other things. The report says that alts in large markets "showed signs of stress" because "advertisers are finding alternatives to the alternatives," but notes that many alts in smaller markets seem to be weathering the economic storm.
The overall ad market was off despite the summer Olympics and record amounts spent on political advertising, Nielsen reports. Local newspapers saw a 10.2 percent drop, and display internet ads were off by 6.4 percent.
Ben Eason testified yesterday during a hearing to determine whether he will be able to maintain ownership of the six-newspaper chain or if it will be handed over to CL's largest creditor. According to Wayne Garcia, much of Eason's testimony related to the digital transformation of CL and the struggles of the print publishing industry. On Tuesday, CL's chief financial officer and its valuation expert are scheduled to testify. The judge will then rule on who gets control of the company, Garcia reports.
A Marine Corps veteran who has been struggling with mental-health issues has credited a story published in this week's Phoenix in Boston, Portland, and Providence with saving his life. Just hours after the story, "Soldiers Committing Suicide," hit the streets in Maine, the former Marine called the Portland office, thanking the paper for running the story and sharing his own ordeal of being out of meds he takes for his PTSD. Portland Phoenix managing editor Jeff Inglis recommended the vet contact a local counseling service, and the vet called again later saying he'd made the appointment. "You guys saved the life of a veteran," he said on a voicemail message. MORE: Read Inglis' account of the day here.
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