The Portland, Ore., alt-weekly was the latest to announce company-wide salary reductions yesterday. Effective March 16, staff pay will be reduced by 8 percent, while owners Mark Zusman and Richard Meeker will reduce their own pay by 25 percent. The move was made to keep the paper profitable for the balance of 2009. At the same meeting, Meeker, who is WW's publisher, announced that this week's paper was the largest since November and that ad sales for the spring appear ahead of budget.
Publisher Richard Meeker reports that 3,902 people made 8,419 donations totaling $806,581.81 to WW's 2008 Give!Guide, an annual program that supports local nonprofits and encourages the philanthropic impulse among readers 35 and under. When combined with the $4,000 in prizes from WW and $16,000 in prize money from a local research and consulting firm, the total raised this year for 55 Portland-area nonprofits was $826,581.81. Meeker says that's a 60 percent increase over last year and almost 40 times what the Give!Guide raised when it debuted four years ago.
For the past five years, as part of its annual Give!Guide, which this year features 55 worthy Portland nonprofits, the paper has honored young nonprofit leaders with the Skidmore Prize. At a ceremony last week, the four recipients (Katy Kolker, Amy Harwood, Rodolfo Serna and Polly Bangs) each got a plaque and a check for $4,000 from WW publisher Richard Meeker and Multnomah County Commissioner Ted Wheeler. Read more about the honorees and their work here.
In his yearly report to readers, Willamette Week publisher Richard Meeker says the Portland, Ore., newsweekly's financial situation has been "lousy." Advertising is down since July and the paper is more than ten percent below budget for the year. But the news isn't all bad. Meeker says WW's "total audience has remained steady" and its sister paper, the Santa Fe Reporter, is having a good year. Nevertheless, WW has laid off several staffers and transferred one staff writer to Santa Fe. Editor Mark Zusman tells AAN News that the paper laid off three classified sales representatives, one designer, and staff writer (and "Queer Window" columnist) Byron Beck, while Corey Pein moves to the Reporter. Although the paper will "be lucky to eke out a small profit this year," Meeker says he and Zusman are "eager to tackle the challenges we all now face, and more committed than ever to continuing -- and improving -- the quality of reporting and thinking we do." More on Beck's departure from the Portland Mercury and Just Out magazine.
"You made so many donations to our annual Give!Guide that we're just now finishing the tallies and making final deliveries of incentives," writes publisher Richard Meeker. The 2007 installment of the paper's annual fund-raising endeavor produced more than $518,000 for 49 nonprofits in the Portland area, more than doubling 2006's total of $228,000.
In his annual report to readers, Richard Meeker says that despite "the gloom-and-doom reports" on newspapers across the country, Willamette Week's story in 2007 "is anything but a tale from the crypt." He notes that "this will be the paper's best year ever in display sales," with sales up 7.6 percent over 2006. And although classifieds continue to decline, with sales down about $115,000, total revenue at the paper is expected to be up 4 or 5 percent from last year, with pre-tax profit expected to be about 5 percent. "If [the paper was] owned by a media conglomerate, co-owner Mark Zusman and I would have been relieved of our responsibilities long ago for unsatisfactory financial performance," Meeker writes. "While we certainly could be a little more efficient, we feel it would seriously harm the culture of our operation to try to match national averages calling for profits two to three times greater than ours."
The path between journalism and politics is well worn, and now two pols with alt-press connections have taken over City Halls. R.T. Rybak, erstwhile publisher of the defunct Twin Cities Reader, was elected mayor of Minneapolis, and Charles Meeker, brother of Willamette Week publisher Richard Meeker and a former Independent Weekly shareholder, seized the reins in Raleigh, N.C. Not since former Pacific Sun reporter Barbara Boxer was elected to the U.S. Senate have AANies made such political hay.
Husband-and-wife team Bingo and Sally Barnes are the new owner/operators of Boise Weekly. The sale by City of Roses Newspaper Company was official on August 1 and formally inked on August 2. Present and former owners all agree the paper needs the kind of local stewardship the Barnes say they’ll provide.
• Read the Idaho Statesman's story on the sale.
Less than 18 months after acquiring Boise Weekly and shepherding the paper through a significant redesign, City of Roses Newspaper Co. announced early this week that the nine-year-old publication is once again on the trading block.
