Media News, Jan. 19, 2010

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Reader's DigestReader’s Digest Wins Approval of Reorganization Plan
The publisher of the world’s largest-circulation magazine has won bankruptcy court approval of a reorganization plan that will cut its debt by 75 percent. The company is to emerge from bankruptcy on Jan. 31. Reader’s Digest filed for Chapter 11 reorganization in August, citing a decline in spending by consumers and advertisers and high debt.

MediaNews Holding Company to Seek Bankruptcy Protection
The holding company of MediaNews Group Inc., the publisher of dozens of newspapers including the Denver Post and San Jose Mercury News, said Friday that it plans to seek bankruptcy protection, the latest in a string of troubled newspaper companies to seek refuge from creditors amid unsustainable debt loads.

New Owner: Editor & Publisher ‘More Vital Than Ever’
Newspaper magazine finds new home among boating publications.
The fate of 126-year-old Editor & Publisher is no longer drifting in uncertain waters. The shuttered newspaper magazine was acquired Thursday evening by Duncan McIntosh Co. Inc., the Irvine, California-based publisher of Boating World, Sea Magazine and The Log newspaper. The new owner tells Jason Fell about his plans.

Special interests write ‘news’
If you run a news business, staying fairly clean used to be fairly easy. No Longer, says Ed Wasserman.

Publishers Offer TV-Like Metrics, But Will Buyers Bite?
The media agency community is starting to get long-awaited audience measurement data that seek to put magazines on an equal footing with TV and the Internet.

Broadside – Journalism at its best in Haiti

Medical correspondents face delicate balance in Haiti
Network reporters are also acting as field doctors in the stricken country. Some of the most dramatic television images beamed from Haiti’s quake-ravaged communities have shown harried doctors frantically tending the wounded with rudimentary tools. Medical journalists find themselves helping out.

Apple TabletApple Tablet and the New York Times to Save Journalism?
It’s making waves in the publishing industry – a tie-up between NYT and Apple.

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