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McClatchy has left an online advertising partnership with Tribune and Gannett to join a rival group of publishers that is in the final stages of negotiating a deal with Yahoo, The Wall Street Journal reported on its Web site on Thursday.
Magazine publisher Time Inc. is shutting down Life magazine again, a brand it had resuscitated in late 2004 as a newspaper supplement.
Cramer continues his list of the top 10 potential anti-competitive deals coming before 2008.
Gannett posted higher fourth quarter profit on Friday, boosted by advertising demand at its newspapers and a rise in political ad sales at its TV stations.
Gannett, publisher of USA Today, said its fourth-quarter earnings would likely be in line with Wall Street forecasts.