Newspaper Roundup: Gannett; Canwest; A Good Day For Print
This story was written by David Kaplan.
-- Gannett's Dubow slashes own salary: Adopting a policy of "spreading the pain," Gannett (NYSE: GCI) Chairman Craig Dubow has taken a voluntary $200,000 pay cut through 2009. The 17 percent reduction in Dubow's $1.2 million base salary will still leave the Gannett chair with a bonus, deferred compensation and stock awards and options, amounting to a total compensation of about $7.5 million. The move comes a week after Gannett said it would shed 3,000 jobs across its local papers.
-- Canwest scales back print delivery: Canada's National Post will cease home delivery in Manitobathe home of parent Canwestand will only offer Saturday papers through Manitoba stores and in nearby Saskatchewan. Instead, the Post will sell discounted digital subscriptions and will share content the Winnipeg Free Press.
-- A good day for print: It looks like saving a screen shot just can't compare with an actual page one. The successful conclusion of Barack Obama's history-making presidential bid had NYC dailies all sold out by early morning. Still, it looks like news sites fare pretty well too, as NYT claimed it scored a "record-high 2.7 million" for mobile page views on Tuesday. For those who still avoided print the morning after election day, Romenesko has excerpts of from newspaper front pages here.
By David Kaplan