The president of the largest real estate brokerage company and franchisor says that the Coldwell Banker and Century 21 branding budgets for newspapers will shrink by as much as two-thirds next year from 2006, Inman Real Estate News reports. Realogy intends to slash its newspaper advertising budget to 70 percent of its home-sale ad spend by 2010, down from 84 percent this year, as it shifts more ad dollars online. Borrell Associates has found that online real estate advertising grew from a $1.2 billion in 2004 to a $1.7 billion in 2005, and will grow to a $3.1 billion by 2010.
Eric Johnson says he'll be leaving next month. "I feel sad to have to leave this newspaper," he says. "For the past six years, I've been proud to work with a team that tries every week to create something that can make a difference in people's lives. ... I'll miss almost everything about it, but it's time to go."
That's what the suburban Northwest Herald is saying about Reader media critic Michael Miner's recent column criticizing a Herald TV ad. Editor & Publisher has the entire letter exchange between Chris Krug, group editor of the Herald's parent company; Reader editor Alison True; and Miner. E&P also has comments on the column from Andy Schotz, chairman of the Society of Professional Journalists' Ethics Committee and a source in Miner's story.
Kim Dorn, Sara Dick, and Liz Eckstein tell Nest in a Q&A that the idea for City Paper's annual craft fair, which celebrates its fourth anniversary this year, originated in the heart of the classifieds section. "Through our free ads, we create a community marketplace where people can sell goods and services directly to each other. ... We had been tossing around the idea of hosting a big citywide yard sale," they say. "In the spring of 2004, the indie craft movement was just getting its legs and we decided it made more sense to do an arts-focused event. ... [Publisher Amy Austin] is a huge supporter of the arts and theatre and pretty much gave us free reign."
"On Aug. 30, 1977, when the staff of the Chico News & Review published their first issue, they didn't have much time to reflect on the impossibility of the endeavor," the News & Review staff writes. "Had they stopped to think about it and been reasonable people, they might have given up on the spot. The odds were against them." As part of the paper's special anniversary package, the News & Review also reveals the true identity of film reviewer "Juan-Carlos Selznick," who has been writing for 29 of the paper's 30 years -- he's actually local English professor Pete Hogue.
The Law Enforcement Intelligence Unit has cut off the Orange County Sheriff's Department because of Sheriff Michael S. Carona's association with various businessmen, including a Las Vegas strip club owner with reputed mob ties now serving time for racketeering, the Los Angeles Times reports. The sheriff's mob ties were first reported last year in two OC Weekly stories by R. Scott Moxley.
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