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And just how did A.H. Belo Corp. -- the "new" parent company of The Dallas Morning News -- celebrate it first full day as a spun-off stand-alone media empire? By watching its stock free fall more than 12 percent, or two whole dollars. Ooof. Reports Editor & Publisher, the stocked ended trading Friday at $16.40 and began the day at $16.35 a share -- "and within an hour had fallen below $15." Closing price today: $14.40. --Robert Wilonsky
Keep the Dallas Observer Free... Since we started the Dallas Observer, it has been defined as the free, independent voice of Dallas, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering Dallas with no paywalls.
