Dammit Gannett

Saturday, November 10, 2018

Gannett Digital Sees Revenue Increase. That's the Good News

Posted By on Sat, Nov 10, 2018 at 3:35 PM

G. CRESCOLI, UNSPLASH
  • G. Crescoli, Unsplash
Gannett Co. shared its Q3 earnings Thursday and the report contains some good news for The Commercial Appeal's parent company. Digital revenue is up by $3.3 million over last year. Unfortunately, digital gains couldn't keep pace with the $5.5 million in revenue lost from declining circulation. Publishing revenue is down $43.9 million with advertising and marketing taking a $26.5 million hit.

MarketWatch had a more detailed look at the numbers.

Revenue was $711.7 million, missing the FactSet consensus of $724 million and down from $744.3 million a year ago. Publishing revenue fell to $616.4 million, down from $660.3 million in the year-earlier quarter. Advertising and marketing revenue fell to $403.4 million, down from $429.9 a year ago. Print advertising revenue fell 16.7% to $204 million from $244.8 million a year ago, but digital advertising and marketing revenue rose 3.2% to $105.8 million from $102.5 million a year ago. Revenue from circulation fell to $258.9 million, also down from $264.4 million a year ago. 
The disappointing economic news arrives shortly after Gannett's latest letdown to loyal print subscribers. Deadlines weren't extended to allow even allow for even rudimentary coverage of the midterm elections. The news shouldn't have been surprising given the way out-of-state editing impedes timely sports coverage. It's also what you'd expect from a company now self-identifying as "an online news organization that continues to publish a daily, morning newspaper."

Industry analyst Ken Doctor's response to the election news practically anticipates Gannett's Q3 report. Writing for NiemanLabs, Doctor wrote, "that road to a mostly/fully digital future gets narrower month by month."

"Digital subscriptions — which sell at much lower prices than print ones, though with lower marginal costs — are gaining ground much too slowly. Given the combination of higher prices, a lesser product, and even increasingly erratic home delivery, print subscribers may provide less of a lifeline to the digital future than Gannett and other publishers now assume in their whiteboard calculations."


There's some evidence Gannett may be looking to cut employee costs again. A recent memo offered early retirement to employees 55 or older who'd been with Gannett for at least 15-years. 

"The Commercial Appeal is offering an Early Retirement Opportunity Program ("EROP") to eligible Guild-represented employees in the newsroom," the memo said. "Time is of the essence. We, therefore, ask that that you sign and return this document to me within 48 hours. The severance deal is based on 30-35 weeks' pay with a transition bonus of up to $5,520 determined by years of service."

But how about that digital? Up 3.2 percent! 

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Friday, November 2, 2018

No Next Day Election Results For Gannett Newspapers

Posted By on Fri, Nov 2, 2018 at 10:54 AM

If there was ever a news item worthy of the "Dammit Gannett" tab, it's this. Via The Nashville Scene:
"Editors at the [Gannett] chain’s papers around the country were informed two weeks ago that deadlines for the print edition could not be extended in order to cover elections. As a result, Wednesday’s editions of The Tennessean, Commercial Appeal and Knoxville News-Sentinel will not have final results for some of the most closely contested statewide races in years."
JUSTIN FOX BURKS
  • Justin Fox Burks

“We do not believe print is a vehicle for breaking news," Tennessean vice president   and editor Michael Anastasi was quoted as saying.

Anastasi's not wrong, of course. Broadcast and online media do have advantages when it comes to live and breaking news. How that absolves daily print editions from obligations to print subscribers and expectations of  mere currency remains a mystery.

Folks who pay for paper say it with me now: Dammit!

UPDATE: NiemanLab weighs in:

"Conceptually, the push to separate print — “not a vehicle for breaking news,” that Gannett memo notes — from digital makes a certain sense, of course. And not adding any extra pages of newsprint for election results does save money. (“As you plan for print, please remember that we have tight controls on newsprint costs,” says the memo. “Any pages added need to be ‘made up’ by the end of the year preferably in November.”)

At the same time, it is those incredibly loyal print readers — the ones who have stood by newspaper companies through cut after cut in staff and in the product — who will now see that loyalty tested, again. Gannett, like a number of other newspaper companies, has more than a third of its print subscribers ages 70 or above in many markets. Most read in print; digital is a second and lesser option. (E-edition readers, who essentially get the print paper in digital form, will also be impacted by this decision.) Those subscribers, at Gannett and elsewhere, have seen their subscription rates hiked again and again, raised to the very limits of econometric modeling."
Ken Doctor's column notes that, in an effort to push more readers online Gannett is dropping its paywalls for 48 hours, enabling anyone with internet access to read Gannett's election coverage. It's a good read that takes a hard look at recent economic and subscriber history.

"What those numbers tell us is that that road to a mostly/fully digital future gets narrower month by month. Digital subscriptions — which sell at much lower prices than print ones, though with lower marginal costs — are gaining ground much too slowly. Given the combination of higher prices, a lesser product, and even increasingly erratic home delivery, print subscribers may provide less of a lifeline to the digital future than Gannett and other publishers now assume in their whiteboard calculations."
Read it all here.

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Friday, August 10, 2018

"Memphis Most" Promotion Showcases Parking Lot Under Interstate

Posted By on Fri, Aug 10, 2018 at 2:16 PM

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You know what? I'm not going to complain. It could have been worse. It could have been.  Given the Gannett-owned Commercial Appeal's batting average on stuff like this lately, we should all be thankful that the background photograph for this self-promoting ad was taken in Memphis. You can even see a little skyline in the upper left.
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But mostly, it's just a shot of Bass Pro's southern parking lot.
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Under the interstate.
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This isn't a recent issue. The ad's from July. But, like they say, if you haven't read it, it's still a parking lot under the interstate.

That's so Memphis. To somebody. 

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Friday, July 13, 2018

Commercial Appeal Sees Blurry Future for Ivan Rabb: Dammit!

Posted By on Fri, Jul 13, 2018 at 10:51 AM

The Gannett owned Commercial Appeal has asked readers an important question: "Where will Ivan Rabb fit in?"
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Judging by the portrait of Dillon Brooks, Rabb will be the blurry power forward in the top-right background. Dammit. 
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Thursday, June 14, 2018

Commercial Appeal Mistakes Memphis Band Lucero for Mexican Entertainer — DAMMIT

Posted By on Thu, Jun 14, 2018 at 12:39 PM

Whoa! It's totally like we're seeing double.
  • Whoa! It's totally like we're seeing double.
Everybody makes mistakes, even your pesky Fly on the Wall. But the particular mistake I'm highlighting here makes me think it's time to abandon any faint shreds of almost certainly false hope we may have harbored that whatever's wrong at the Gannett-owned Commercial Appeal will work itself out.

When the bot and/or out-of-towner editing Memphis' daily paper can't distinguish between Lucero the Mexican entertainer and Lucero the enormously popular Memphis band, there's a problem. When said bot and/or out-of-towner turns to a general image search instead of scanning the local paper's own archives, it's really bad.

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The error was made announcing the lineup for the Mempho Music Festival

Wednesday, June 6, 2018

Commercial Appeal Names Harding Academy Volleyball "Volleyball of the Year"

Posted By on Wed, Jun 6, 2018 at 8:25 PM

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In the photograph to the right you can see an unnamed woman* holding onto a very special volleyball named Lauren Deaton. For those who don't already know her, Lauren is a Harding Academy volleyball. Go Lions! She was very recently named "Volleyball of the Year"  by The Commercial Appeal, Memphis' once proud, now Gannett-owned daily newspaper.

Lauren's father Wilson, the sports equipment whose life was famously celebrated in the Tom Hanks movie Cast Away, had nothing to say about his daughter's achievement. He just sat there in silence, his crimson smudge of a face an infuriating enigma.  It was almost like he was saying, "Why wouldn't she be Volleyball of the Year?" So I got defensive and said, "What's your point?" But he just kept his silence while somehow also asking, clear as day, "Are you saying my daughter Lauren's not good enough to be Volleyball of the 
Wilson Deaton
  • Wilson Deaton
Year?" And I said "no" and we went on like that for some time before Wilson finally thanked me and bounced down the sidewalk. I watched him roll to his Mini Cooper where Lauren had been patiently waiting, also not saying a thing.

As the pair drove off I couldn't help but think I'd get better interviews if the CA would give awards to people instead of stupid balls. Maybe that's racist of me. I just don't know anymore.
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*Congratulations to the actual Lauren. Awesome job! We're sorry the CA makes it sound like you're gear. 

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Tuesday, June 5, 2018

The CA Takes a P — Dammit Gannett!

Posted By on Tue, Jun 5, 2018 at 11:00 AM

Look, Gannett, it's not that I've got so much going on in my life that I don't have time for your nonsense. It's just that there's so much more interesting nonsense to think about. Like, "Can anybody else see that face in the leaves outside my writing window or have I finally gone starkers?"
I've started calling him Leaf Garrett
  • I've started calling him Leaf Garrett
But I can't think about that now. Now I have to think about this. 
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Is it a "P" that's missing or an apostrophe? Maybe the reader worries for "parents in decline." Maybe she worries for "aren'ts" in decline. That doesn't make any sense unless kids today are moving away from contractions. I suppose I could scan the syndicated advice column to discover the truth of the matter but if I'm honest with myself I probably wasn't gonna read this filler content anyway. 

Friday, May 25, 2018

Dammit Gannett and other Media Follies — Long Weekend Roundup!!!

Posted By on Fri, May 25, 2018 at 3:52 PM

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I planned to write a whole column goofing on WMC’s time machine. See, the well-intentioned tweet above notes that the City of Memphis was created 199 years ago (in 1819) and goes on to note that WMC has been “in love ever since” even though the 70-year-old media company was founded in 1948. Maybe you can be in love with Memphis retroactively, and find some kind of familial agape love to get you through the years of slave trading and civil strife. But who has time to dwell on that while Memphis still still has a dying daily newspaper to kick around? Especially when that newspaper has a time machine of its own. And instead of going back in time and not completely screwing itself up, the Gannett-owned sadness chose instead to bring back Houston High’s 2015 soccer team to win the state championship.
"Stop, you're BREAKING THE TIMELINE!!!"
  • "Stop, you're BREAKING THE TIMELINE!!!"


This weird and probably misplaced act of heroism seems to have adversely affected the timeline, devolving Gannett’s copyediting staff to the point they can’t spell the name of their own damn newspaper. 
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And, perhaps most alarmingly of all, the CA has begun to insert random photos of Burt Reynolds into its content. And not the good ones, either.
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Friday, April 27, 2018

Dammit Gannett: Fabulous Prizes Edition

Posted By on Fri, Apr 27, 2018 at 9:27 AM

Picking on the Commercial Appeal used to be its own reward, back in the day when they were the big corporate Goliath and we were the little dude with a slingshot. As the paper has continued to decline, it's become a weekly, though not entirely joyless, chore. Still, it's good to feel appreciated. So thanks, Jim Palmer, for this cartoon inspired by Fly on the Wall's regular "Dammit Gannett" feature.
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Jim's a first generation Memphis Flyer vet who contributed illustrations for columns by Lydel Sims. He's the creator of Memphis' own Li'l E and your Pesky Fly's very favorite cartoon about the journalist's life. 
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Wednesday, February 7, 2018

"No Room for Dispair" : The CA Prints Big Typos in Big Type

Posted By on Wed, Feb 7, 2018 at 9:07 AM

The Commercial Appeal got it wrong on a number of accounts. Fact is, there's plenty of room for despair, no matter how you spell it. Even if you're not a subscriber and didn't see it in person, you've probably already seen Tuesday's most egregious error making the rounds on social media. I was too depressed to post about it yesterday. I'm out of jokes and tired of typing sentences like, "Since becoming a Gannett property, shrinking staff, and shipping design and editing work to hubs outside Memphis there has been a noticeable decline in the quality of our daily newspaper."

So write your own punchlines. 
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Wednesday, January 31, 2018

The Poop on Pees: A Commercial Appeal Headline Gone Wild

Posted By on Wed, Jan 31, 2018 at 2:31 PM

Some names present special challenges for headline writers who have to pack a lot of information into only a very few words. Clarity can be especially difficult if the headline writer needs to identify a person whose name is also a verb. The sports section in today's Commercial Appeal provides us with a classic example of how  inconsiderate word placement can transform the meaning of a sentence.
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How hard would it have been to simply reverse the names? — "Titans Vrabel scores twice with Pees, LaFleur?"

Way too hard for Gannett. Dammit.

Wednesday, January 17, 2018

Commercial Appeal Illustrates Local Earthquake Story with Non-Local Disaster Photographs

Posted By on Wed, Jan 17, 2018 at 12:19 PM

Dear mom and dad,

I'm sorry I didn't check in safe on Facebook after the earthquake in Memphis and West Tennessee. But jeepers, I didn't even know there was an earthquake in Memphis and West Tennessee. Still, I can understand how you might be concerned after seeing pictures of collapsed buildings like this one published by the USA Today-owned version of The Commercial Appeal. It looks bad. 
Pretty bad, huh?
  • Pretty bad, huh?
But that picture's a video still somebody found on the web —  this video published in 2016 to be specific — and not a current picture from Memphis or West Tennessee.

Or maybe you saw this picture. It's super-scary, right? 
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It also wasn't taken in Memphis. Or Dyersburg. It's from...
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Anyway mom and dad, I don't want to be dismissive. It's possible that this quake (which I didn't feel) caused some damage somewhere. But near as I can tell no multi-story buildings from New Zealand collapsed in Memphis today.

Anyway, I love you and I'm sorry, and I promise to check in in the future. Stay warm!

Chris

PS: I think I'm creating a new tab for my Fly on the Wall blog called Dammit Gannett. I used to just file all this stuff under media but I think with this one the CA's parent company has earned its own special place in the cabinet.   

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