Charlotte Observer

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McClatchy’s stock continues to take a pummeling

McClatchy_logoMcClatchy reported a first quarter net operating loss of $11.3 million and more deep declines in print advertising today as its stock continues to takes a pummeling.

McClatchy shares have been trading between $1.50 and $1.60 the last several days. That is about half where they were at the start of 2015, and they have lost roughly three-quarters since this time a year ago.

Wall Street values the company at a market capitalization of $135 million,  That’s less than $5 million per paper in a collection of 29 titles in 28 cities including the Miami Herald, Kansas City Star and Charlotte Observer.

Continuing the trend of recent earning reports, print advertising was the problem spot, down 15.7 percent year-to-year with national advertising especially bad, off 25 percent. Read more

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Cartoonist brings the Charlotte Observer its first win in 26 years

Siers’ self-drawn Twitter picture.

Kevin Siers daydreamed and drew through school, doodling as he listened. Then, in the fifth grade, he and his teacher had a talk.

“And he just took me aside and said, look, I want you to make me some comic books,” Siers said in a phone interview with Poynter.

So Siers created a superhero knockoff. The winner of the 2014 Pulitzer Prize for editorial cartooning didn’t launch into the local newspaper from there, though. Siers went to work in the ore mines after high school in Biwabik, Minn. But while there, Mark Washburn wrote on Monday for the Observer, he submitted a cartoon to The Biwabik Times. From the Observer:

“So I said, I guess I could do this,” Siers said.

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Charlotte Observer reporter arrested while covering protest

Charlotte Observer | Associated Press | The Guardian

Charlotte Observer religion reporter Tim Funk was arrested Monday while covering a protest in Raleigh, the state capital, Mark Washburn reports: “Funk, who was wearing Charlotte Observer identification, was handcuffed and taken along with the arrested protesters to the Wake County magistrate’s office to be arraigned on misdemeanor charges of trespassing and failure to disperse,” Washburn writes.

In a phone call with Poynter, Observer Managing Editor Cheryl Carpenter said Funk was attempting to locate a clergymember when he was arrested. The paper has asked him not to comment publicly, she said, adding that “We intend to defend him vigorously.”

The protests are part of an ongoing series of demonstrations called “Moral Mondays.” North Carolina NAACP President William J. Read more

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Charlotte Observer typo attributes painful, vulgar injury to NBA player

An unfortunate typo introduced late in the editing process led to the Charlotte Observer reporting that NBA player Baron Davis has a “herniated dick.” Yes, chuckle away.

Here’s the offending passage from today’s paper:

Mike Persinger, the paper’s executive sports editor, explained the origin of the error in a blog post today. He said the writer first described the injury as a “herniated disc.” That made it past the first editor, but a second editor realized that isn’t the way the paper spells this injury. So the editor attempted to change it to “herniated disk.” Needless to say, things didn’t work out that way.

There was no third editor in the process to catch the typo. From Persinger’s blog post:

Because part of that second editor’s job is to send stories to the typesetter, the typo was moved along without another set of eyes to catch the error, and that led to what you saw in today’s paper.

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