Digital First Media names executives
By Sharon Hill
The Denver Post, a MediaNews Group newspaper, has just reported new executives for Digital First Media. Back in September we reported the launch of the new Digital First Media that jointly manages Journal Register Company and MediaNews Group, with John Paton at the helm as CEO.
The new leaders are: Continue reading
Lodovic leaves MediaNews Group, Singleton steps down
MediaNews Group announced, and the Denver Business Journal reported, the resignation of president Joseph “Jody” Lodovic and William Dean Singleton’s step down from CEO. Management changes occurred directly after Alden Globe Capital, an international hedge fund, was announced as a significant stakeholder in this second-largest US newspaper group. While Lodovic leaves immediately, Singleton will stay on in his current role until Lodovic’s replacement is found, and will then become the group’s executive chair. He will remain publisher of both the Denver Post and the Salt Lake Tribune, but will focus heavily on finding consolidation opportunities in the industry. Gordon Paris, a company director, will step in as interim president during the search.
Someone to fill the role of chief revenue officer, a new position, is sought as well.
MediaNews: charge for some content, separate news and local
In a memo leaked last week to the Romenesko column on PoynterOnline, MediaNews Group head Dean Singleton outlined the results from a late April executive “Interactive Strategic Summit” held by the company. The conclusions mark some bold departures from typical newspaper dogma.
The summit included 22 executives from across the company. Singleton was blunt: print and online are too closely tied together, meaning that readers don’t value the newspaper’s content, while advertisers don’t view newspapers as a sexy vehicle anymore, particularly with classifieds. And by mimicking print content online newspapers cannot “meaningfully reach the next generation of readers,” Singleton wrote.
Singleton outlined three directions for change:
1. Stop putting all newspaper content online for free. Singleton wasn’t clear whether this would mean new pay products, or simply requiring users to register. But print subscribers will gain access to the entire Web site for free.
2. Differentiate between news and local content. The main “news.com” site (a placeholder name) will focus on breaking regional news and will include community involvement (read: unpaid bloggers) and third party content. News will of course come from print, but must be presented differently, Singleton said.
3. A separate “local.com” site will include information, resources, user content, shopping guides, and marketplaces and will aim to attract a younger audience, in particular entertainment and lifestyle content. City and community sites will be aggregated (Singleton cited YourHub). MediaNews is clearly aiming at the Yelp’s and Angie’s Lists of the Web world.
In terms of rolling out the plan, Singleton proposed that MediaNews Group “initially focus on five or six niche vertical content channels to support targeted advertising opportunities (many of which have reverse publishing opportunities).” New tiered circulation pricing strategies should also be considered, he said. And four new taskforces will be formed: news, local, premium and technology) to drive these ideas to market.
We’re glad to hear senior newspaper execs knocking their heads together to come up with new ideas and approaches. We’re not sure about putting the print edition at the center of some of the proposed future initiatives, but as Singleton concludes, “we’ll keep you posted.”
Detroit newspapers may cut home delivery midweek
The move to online continues. Over the weekend, The New York Times and The Wall Street Journal both reported that The Detroit Free Press and The Detroit News are planning to stop home delivery of the paper except on Sunday and either Thursday or Friday (or possibly both). The printed newspaper for the days when only newsstand sales will be available will be stripped down, with readers encouraged to go online for news updates. There will be accompanying staff cuts.
Newspapers in Detroit have been struggling more than most due to the failing auto industry there. Both papers are run by the Detroit Media Partnership. Gannett has primary control over the partnership and owns the The Free Press. MediaNews Group owns The News.
The Free Press has weekday circulation of 298,000, and its Sunday edition has 605,000, ranking sixth in the U.S. The News does not print on Sundays.
