Biz weekly owner reports higher earnings, raises guidance

Dolan Co., which owns weekly business newspapers across the country, reported Wednesday that its net income rose by more than 40 percent, and the company raised its revenue guidance for the rest of the year. Total revenues for the three months ended Sept. 30, 2010, were $78.5 million, up 25.8 percent from $62.3 million in […]

Owner of biz weeklies creates national state legislative reporting service

Dolan Co., which owns weekly business newspapers across the country, announced Tuesday that it has created a legislative reporting and data service in conjunction with Telran Inc. The new service, headquartered in Austin, Texas, is called Legislative Information Service of America. It will provide Web-based reporting on floor and committee actions, bill filings, and other […]

Dolan buys Fed News Service

The Dolan Co., which owns business newspapers across the country, said Monday that it has acquired Federal News Service, the provider of verbatim transcripts of important events in the nation’s capital. Dolan acquired the assets of Federal News Service from the trustee of the bankruptcy estate of Cheryl A. Reagan. U.S. Bankruptcy Judge Richard Taylor […]

Owner of biz newspapers reports increase in profits, revenue

Minneapolis-based Dolan Co., which owns weekly business newspapers across the country, reported a 5.2 percent increase in profits and an 18.2 percent increase in revenue in the second quarter on Thursday. Theresa McCabe of TheStreet.com reports, “For the quarter ended June 30, the company saw earnings rise 5.2% to $8.6 million, or 33 cents per […]

Dolan Media increases revenue, profits

Dolan Media Co., the Minneapolis-based owner of a number of business newspapers across the country, reported first-quarter revenue rose 20 percent and profits increased slightly. The increase in revenue was due mainly to a demand for information from its legal services division. Ben Mook of The Daily Record in Baltimore, one of its papers, writes, […]

Long Island biz paper publisher finalist for another job

The publisher of the Long Island Business News, a Dolan Media weekly, is a finalist to become the next president of the Long Island Association, the region’s largest business and civic group. James Bernstein of Newsday writes, “John Kominicki, publisher of Long Island Business News in Ronkonkoma. Sources say if the LIA board decides to […]

How the Web has changed business news

Media analyst Ken Doctor has published an excerpt from his new book, Newsonomics: Twelve New Trends That Will Shape the News You Get, on PaidContent.org about the current evolution taking place in business journalism. Here is an excerpt: “We also see lots of niches within the business niche—as we do in all niches. Business-to-business, tech, […]

Dolan CEO's pay jumps 35 percent

James Dolan, the CEO of Dolan Media, which operates business newspapers, had his compensation increase by 35 percent in 2009,  according to a story in the Minneapolis-St. Paul Business Journal. The company is also changing its name to The Dolan Co. Sam Black reports, “Also Tuesday, Dolan Media filed its proxy statement with the U.S. […]

Long Island Business News editor leaves for AOL startup

David Reich-Hale, the editor of the Long Island Business News, has left the Dolan Media publication for a job with Patch, the new AOL news venture. An item on the publication’s Web site states, “Reich-Hale will head the Long Island editorial operations for Patch.com, a hyper-local series of sites AOL bought last year and plans […]

Biz newspaper parent reports doubling of fourth-quarter profits

Minnesota-based Dolan Media, which owns a number of business newspapers, reported Tuesday that its fourth-quarter profit more than doubled as it lowered expenses as a percentage of its revenue and saw an increase in revenue from public notices. The company reported net income of $8.1 million, or 27 cents per share in the fourth quarter, […]