Tag Archives: Information

Former owner of Fort Worth business weekly repurchases paper

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Richard Conner, who owned the Fort Worth Business Press from 2001 to 2007 before selling it to Ohio-based Brown Publishing, has repurchased the paper, according to a story in the Fort Worth Star-Telegram.

Sandra Baker writes, “Connor is CEO and owner of MaineToday Media Inc., owner of three daily and Sunday newspapers in Portland, Augusta and Waterville, as well as the Maine Sunday Telegram. He is also CEO and co-owner of the Wilkes-Barre Publishing Co., which owns the Wilkes-Barre Times Leader, the Dallas Post, the Pittston Dispatch, Go! Lackawanna and an alternative weekly The Weekender.

“Connor served as publisher of the Fort Worth Star-Telegram from 1986 to 1997.

“‘We’ve never really left Fort Worth, because we love the city and have always intended to maintain ties here,’ Richard Connor said in a prepared statement. ‘We have continued to own a home in Fort Worth and have never lost touch with our close friends.’

Read more here. Terms were not disclosed, but the deal also includes the nearby Collin County Business Press. Brown Publishing had made a push into acquiring business weeklies several years ago, but recently went through a Chapter 11 bankruptcy reorganization.

A biz journalist in search of love

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Tom Loewy, the columnist for the Galesburg Register-Mail in Illinois, eloquently writes Tuesday about the paper’s business editor, John Pulliam, who is leaving the paper and moving 2,000 miles away to chase love.

Loewy writes, “And along the way, the bruised and leathernecked old fullback showed some of his own jazz. This year he won a first-place award for the words he gave to a soldier’s funeral. He’d shared awards with other reporters, but never earned one with just his name on it.

“I’m sure John took a moment to savor his shiny new plaque. Then he ground out a few blogs on the weather, turned around a reaction story on the latest unemployment numbers and prepared the business section for the week.

“We all assumed he’d do that until he retired. But John had one last long run in him.

“He’s leaving this place for the best reason in the world. John’s goin’ to see about a girl. What guy — be he 22 or 82 — doesn’t understand the impulse. Most of us — entrenched in our jobs and burdened with all the things in life that own us — rarely drop what we’re doing to pursue something as ethereal as love. Not these days. Not in this economy.

“Our old fullback has the guts to try.”

Read more here. Pulliam’s final column, which is also worth reading, can be found here.

"Stock & Awe" show features biz journalist as protagonist

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Etan Vlessing of The Hollywood Reporter takes a look Friday at the new show on Business News Network — the Canadian equivalent of CNBC — called “Stock & Awe,” a comedy on a business news channel.

Vlessing writes, “The campy sitcom, more akin to SCTV than CNBC, features Doyle as a debt-laden shopaholic and business reporter suddenly forced to take control of her finances.

“The scripted content is mixed in with investment tips from financial advisers and ordinary Canadians discussing their own investment mishaps. And in among the funny business is a serious message: If you want to invest responsibly in your race against retirement, get smart about the markets.

“‘You don’t want to feel stupid,’ Doyle said of ordinary investors that want to trust their banks or financial advisors, and yet don’t know what to ask so-called ‘experts’ about their investments.

“Series director Lisa Robertson adds the homegrown comedy also aims to minimize risk among ordinary investors so they can stay in the markets for the long haul. ”

Read more here.

Canadian biz channel rolls out comedy show

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The Business News Network, the Canadian equivalent of CNBC, is introducing a comedy show called “Stock & Awe” to its nightly lineup, writes Cassandra Sklarski of the Canadian Press.

Sklarski writes, “Stock & Awe, sprinkled with real interviews with actual money managers and financial experts, promises to present a light-hearted take on what everyone needs to know to manage their money, says Jack Fleischmann, general manager of the specialty channel that is owned by CTV Inc.

“‘It’s comedic but I think it’s also informative and it’s really a chance for us to attract a whole new audience, I hope,’ he says. ‘This was a very big project for us and it was different from anything we’ve ever done before.’

“Most of BNN’s programming is live and takes place during daytime hours.

“The half-hour Stock & Awe will anchor a new nighttime schedule that will also feature episodes of the reality series Undercover Boss alongside the regular repeats of daytime shows.”

Read more here.

Maine paper names new biz editor

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Matt Wickenheiser has joined the Bangor Daily News as its new business editor, according to a story in the Maine newspaper.

Jeff Tuttle writes, “Wickenheiser’s coverage of issues affecting Maine’s business community will be featured both in print and online at bangordailynews.com.

“‘Matt Wickenheiser has established himself as one of Maine’s best journalists,’ said Mike Dowd, Bangor Daily News editor-in-chief. ‘Over his career, he has reported on issues and topics affecting businesses from Madawaska to Kittery and Bethel to Eastport. I am pleased he has joined our staff and I am confident he will provide our readers with exceptional statewide business coverage that is not only informative but useful.’

“Wickenheiser’s coverage will focus on the challenges facing Maine’s small businesses and offer insight to small-business owners on how to meet those challenges.

“‘Business news is incredibly important to a state like Maine,’ Wickenheiser said. ‘We’re a state of small-business owners, mill workers, construction workers and builders. Everyone is impacted by the economy, and everyone should be paying attention to it.’”

Read more here. Wickenhauser worked at the Portland Press Herald for the previous eight years.

TV consumer reporters now struggle to find work

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David Rainey of the Los Angeles Times writes Wednesday about TV consumer reporters who have lost their jobs and must find alternative ways to tell their stories after being in their hey-day in the 1980s and 1990s.

Rainey writes, “Alan Mendelson, the onetime business and personal finance reporter for KCAL, spent years telling viewers he could help them find ‘best buys.’ But he lost his job in 2006 and has since made his living producing infomercials (many for lawyers) and a weekend ‘Best Buys’ show that airs on KCOP Channel 13. The website for the program promises an expert with a ‘black belt in shopping’ but the bottom line is that Mendelson features only companies that paid to be on the air.

“Mendelson, 58, told me he took a certain pride in being a survivor and striking out as an independent operator, after years on local TV. But he acknowledged he wouldn’t have plotted his career this way.

“‘I didn’t want to do this. I was very happy in the news business,’ he said. ‘I loved my job. I had a following. It broke my heart to leave. But I had to eat and I was too young to retire. I had to do something.’

“Mendelson sees himself as a pawn in a much larger chess match. Back in the early 1980s, so many TV professionals were doing business reporting that they formed the Economic News Broadcasters Assn.

“Mendelson served as president in 1981, when the group had 237 members. But the organization died before the end of the decade, as stations laid off business and consumer reporters and other beat journalists in droves. ‘The concept of specialist reporters just died,’ he said.”

Read more here.

Biz journalist Siklos to join Time Warner

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Former Fortune editor at large Richard Siklos is joining Time Warner as a vice president in corporate affairs handling external and internal communications and advising on media strategy, reports Tom Lowry of Variety.

Lowry writes, “Siklos will report to Gary Ginsberg, a former top aide to Rupert Murdoch who joined Time Warner in the spring to head corporate affairs. He reports directly to CEO Jeff Bewkes.

“Siklos brings to the new job more than 15 years’ experience chronicling the media and entertainment landscape. Most recently, he penned a column on Hollywood for the New York Observer while working on a book about Michael Jackson for Crown Publishing.

“Previously, Siklos served as an editor-at-large for Fortune (a Time Inc. publication), media writer for the New York Times and media editor for BusinessWeek. He also did stints at Inside magazine, London’s Daily Telegraph, Canada’s Globe and Mail and as an adjunct professor at NYU.

“The Toronto native is also author of ‘Shades of Black: Conrad Black — His Rise and Fall.’”

Read more here.

Pittsburgh paper to add law coverage to business section

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The Pittsburgh Post-Gazette said Wednesday that it will launch a new print and online weekly legal news section in partnership with The Legal Intelligencer, the nation’s oldest daily legal newspaper.

An Associated Press story states, “The section, which debuts Monday, will feature bylined news and analysis from both papers, and run in the Post-Gazette’s business section. Coverage will focus on state and regional legal news of interest to business readers. Ads for the print and online versions will be sold by both organizations.

“Three out of four legal professionals in Allegheny County read the Post-Gazette in print or online each week and the section should be of interest to them, said the paper’s president, Christopher Chamberlain.

“The Post-Gazette is owned by privately held Block Communications Inc., which owns newspapers and television stations in Pennsylvania, Ohio, Idaho, Illinois and Kentucky.”

Read more here.

New auto reporter at NPR

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Sonari Glinton has been named the new auto and transportation reporter at National Public Radio, according to a memo posted on the FishbowlDC site.

The memo from Uri Berliner, deputy supervising senior editor of NPR’s national desk, states:

The National Desk is happy to announce that Sonari Glinton is joining the business reporting staff during Frank Langfitt’s Foreign Desk posting in Nairobi, Kenya. Sonari will report on the auto industry and transportation from Detroit. He’ll be covering an important beat from a city and region where we will benefit from his knowledge and talents.

Sonari recently completed a very successful reporting stint at WBUR in Boston where he turned out a strong range of work – breaking news, enterprise, features and Web-only essays. He examined the financial overhaul bill, investigated a spike in suicides among Massachusetts inmates and profiled the state’s independent candidate for governor. He has proven his creativity and ability to manage tight deadlines during three years of production work at “All Things Considered.” He is also an alumnus of Chicago Public Radio, where he worked as a producer and general assignment reporter.

Sonari is especially well suited to this particular assignment…He grew up in an auto industry family. During summers in college he worked on the assembly line at a Chicago plant making the Ford Taurus and Mercury Sable. He also worked in finance in Chicago and has family ties in Detroit. He knows the Midwest and the culture of the auto industry. We’re glad to have him on the business reporting team.

NYU professor: Here's what's wrong with "Marketplace"

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New York University professor Jay Rosen writes about what he dislikes about “Marketplace,” the National Public Radio business show every morning.

Rosen writes, “The problem with this report is that it cannot decide if it wants to be the audible Wall Street Journal or Adam Smith for Dummies, a business person’s show, or a show for people who only know about business from the consumer or lay person’s side. Deciding on this is too hard a problem for the mush minds at Marketplace, so it tries to be both. It wants to impress us with some taken-for-granted knowledge and also treat us like morons who don’t know their interest rates from their Nielsen ratings.

“That is what I hate. I would rather 1.) listen in on a sophisticated conversation that is sometimes over my head, or 2.) have a show that is specifically made for me as a consumer and occasional victim of big business. What I do not want is a program that splits the difference. But that is what Marketplace is. It is controlled by a weak and condescending idea: You’re don’t know crap about business… oh and by the way Japan’s Nikkei index climbed .7 percent to 9,582.22.

“Mostly, however, Marketplace wants to be brief. Brief is the program’s real ideology. And that is a weak, condescending idea. You’re busy, Marketplace tells us. A person on the move! You don’t have time to actually understand this stuff. But you feel you need to know about it… and you are soooooo right. We bring you people who do understand these subjects. They can acquaint you with them painlessly (briefly) so that when someone in your circle mentions the discount window at the Fed, you can say to yourself: I’ve actually heard of that. (Hey, is it really a window, or is that like… a metaphor?)

“This is what Marketplace Morning Report is about: arming us not with ‘knowledge of,’ but ‘acquaintance with.’ (The distinction originates with Robert Park.)”

Read more here.