Amid the secular and cyclical slowdown in print advertising, McClatchy Company (MNI, the third largest newspaper company in the U.S. and the publisher of 30 daily newspapers including the Miami Herald and Sacramento Bee, reported third-quarter 2009 results.
McClatchy is facing the same dramatic decline in advertising revenue, as the rest of the newspaper industry. Total advertising revenue fell 28.1% year-on-year to $266.1 million. However, circulation revenue stabilized, up 6.7% to $69 million due to increase in circulation prices. As a result, total revenue slipped 23.1% to $347.4 million.
To combat the downturn, management undertook cost-cutting initiatives, focused on building Internet operations and reduced debt load. McClatchy had lowered its headcounts, and cut executive pay. The company was able to lower its cash expenses by 29.4% and total operating expenses by 30.2%.
KHARTOUM, Oct. 15 (Xinhua) — The United Nations High Commission for Refugees (UNHCR) Thursday affirmed importance of cooperation with the Sudanese government to find lasting solutions to the conditions of the Internally Displaced Persons (IDPs) and refugees in the country, namely in Darfur, eastern Sudan and southern Sudan.
The UN’s probably right. Too bad the Sudanese government couldn’t care less about refugees.
Health care reform legislation will be on President Barack Obama’s desk by Christmas, Americans will be mandated to buy insurance and those who can’t afford coverage will have a public option — or maybe they won’t, Sen. Tom Harkin, D-Iowa, told reporters from around the country today.
Four of the five committees that have approved legislation “will have a public option,” as an alternative for people who can’t afford private coverage, he said during a teleconference organized by Families USA, a health consumers advocacy group based in Washington, D.C.
Band: Times New Viking Release: September 22, 2009 Label: Matador
1. “Martin Luther King Day” – 9.0
2. “I Smell Bubblegum” – 8.7
3. “City On Drugs” – 9.2
4. “Born Again Revisited” – 8.5
5. “Little World” – 8.8
6. “No Time No Hope” – 9.4
7. “Half Day In Hell” – 9.1
8. “Something Moore” – 9.3
9. “2/11 Don’t Forget” – 9.3
10. “These Days” – 9.2
11. “(No) Sympathy” – 8.9
12. “High Holidays” – 8.4
13. “Hustlers, Psycho, Son” – 8.7
14. “Move To California” – 9.2
15. “Take The Piss” – 8.3
Comments: Beneath the static there is some level of goodness on here. Unfortunately, the better part of this album suffers from “not as good as Wavves” syndrome. The better tracks are the cleaner tracks…you know, the ones that aren’t layered in fuzz up to the neck. A good balance of 40% lo-fi noise and 60% breathable pop (like No Age) would be nice rather than the 75%-25% madness going on here.
I’m a fan of both songs and both bands, but I’m a wayyy bigger fan of Big Black and their cover; it’s one of my personal favorites! Which version do you prefer?
Haha, ohh those wacky turtles, wacky like the federal government. All hyporcrites, cause the turtles get super baked, hence all the munching on pizza and the feds don’t give a shit about the top two drug killers: Tobacco and Alcohol, yet pot, which kills no one is illegal. Wacky indeed. This is funny propaganda though.
This is a trailer for the new Kevin Booth documentary. This time he focues specifcally on Marijuana (as the title clearly indicates) as opposed to his last film, American Drug War, which evaluated all or most drugs related to the drug war. I hope he include the reality of Obama’s (at least so far) abandoment of his campaign promises concerning law enforcement’s handling of drugs. Anyway, I’ll be seeing this soon.
Kids Like You & Me (KLYAM) 