Mississippi Business Journal editor and publisher retires
Ed Darling, the publisher and editor of the Mississippi Business Journal, has announced his retirement, according to an Associated Press story. The AP story states, “Darling’s announcement Wednesday closes a career of 45 years in the newspaper business, including 35 as publisher of community newspapers in the three states. He said he will now pursue […]
Dolan Media reports second-quarter results
Dolan Media Co., which owns a number of business newspapers, reported a large increase in second-quarter profits and revenues due to a business that helps law firms process mortgage defaults. The Minneapolis-based company reported operating income for the second quarter was $16.3 million, or 24.3 percent of revenues, an increase of 99.1 percent from $8.2 […]
Dolan Media reports strong first-quarter results
Dolan Media Co., which owns a number of business newspapers, reported a large increase in first-quarter profits and revenues due to a business that helps law firms process mortgage defaults. A story on the Minneapolis/St. Paul Business Journal site states, “Minneapolis-based Dolan reported first-quarter 2009 revenue of $63.9 million, up 54 percent from $41.5 million […]
Dolan Media reports 10 percent increase in profits
Dolan Media, the parent company of a number of business newspapers, reported fourth-quarter profits that rose 10 percent due to help from the economic turmoil, which drives its foreclosure information business. Danielle Ulman, a reporter for the Daily Record in Baltimore, one of the papers it owns, writes, “Dolan said despite the government’s ‘well-intentioned’ actions, […]
Dolan Media creates poison pill plan
Dolan Media Co., which owns a number of business newspapers across the country, announced Thursday that it had created a shareholder rights plan designed to prevent hostile takeovers. In a statement, the company said, “It is designed to protect the company and its stockholders from potentially coercive takeover practices or takeover bids and to prevent an acquirer […]
Dolan Media reports third-quarter profit, cost containment measures
Dolan Media Co., the parent of business newspapers across the country, reported Thursday a third-quarter profit after posting a loss in the same quarter a year ago, and a 25 percent increase in revenue. The Minneapolis-based company said that its net income for the quarter was $2.45 million, compared to a loss of $7.5 million […]
Doctor prescribes how to fix what ails the biz news desk
Daily newspaper business news desks — struggling because their standalone sections and stock pahes have been cut — should focus less on covering the public companies in their area and more on the smaller companies that make their communities unique. They should also begin publishing all breaking news online and turn all of their staff writers […]
Dolan Media reports first-quarter profit
Dolan Media, the Minneapolis-based company that owns business newspapers, reported a first-quarter profit of $4 million after posting a loss in the same quarter a year ago, according to a story by Ben Mook, an assistant business editor at the Daily Record, one of its newspapers. Mook wrote, “Minneapolis-based Dolan, parent company of The Daily […]
Dolan Media CEO: No regrets about going public
Jim Dolan, the CEO of Dolan Media Co., which owns business newspapers, said Monday that he has no regrets about taking his Minneapolis-based company public despite the fact the stock is now trading nearly 45 percent below its high. “It doesn’t really bother me,” says Dolan. “I run the company the best way I can. It […]
Dolan Media reports fourth-quarter profit
Dolan Media Co., which owns a number of weekly business newspapers, reported a fourth-quarter profit after posting a loss in the same quarter in 2006, according to a Thomson Financial story. The story stated that Dolan Media “swung to fourth-quarter net income of $3.1 million, or 12 cents a share, from a net loss of […]
