She might run the biggest magazine company in the world in a time of falling advertising revenue and dwindling sales, but Time Inc's (NYSE:TWX) CEO and Chairman Anne Moore doesn't sound too concerned. She tells The Times of a two-year strategy to get her company, owner of consumer UK magazine [...]
GigaOM |
October 10th, 2008 |
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Earlier this morning, Rich Greenfield, the scary smart media analyst at Pali Capital, slashed his price target on News Corp to $20 from $27, citing big concerns over slowing advertising revenues for newspaper and television stations. And since this is a global problem, there is little room for News Corp [...]
Don't believe the hype: printed newspapers aren't doomed, you just need to spend more money on them. That seemed to be the analysis of Dominic Carter, trading director at News International, and the man responsible for boosting the profits of the The Sun, News of the World, Times and Sunday [...]
We're thrilled to announce that we will feature Robert Thomson, editor-in-chief of Dow Jones and managing editor of The Wall Street Journal, in the keynote Q&A; at our Future of Business Media conference on Oct. 28. Meanwhile, Norman Pearlstine, chief content officer for Bloomberg, is scheduled for a Spotlight Q&A; [...]
EMI is planning a pre-holiday launch of a new music portal that will include the ability to buy downloads, according to the FT. We've confirmed that but a source familiar with the project says it is not an attempt to displace digital retailers like iTunes or Amazon or as some [...]
Sign of the times: Narrowstep, the online video service provider which was acquired by Onstream Media earlier in the summer for an estimated $11.8 million in an all stock transaction, will see the deal value change. From the initial 11.1 million shares that Narrowstep was supposed to get, it has [...]
-- Penton Media: Former president and CEO of Thomson Financial will now take on the role of CEO at Penton Media as well as join its board of directors. Before serving in various management roles, including COO, at Thomson Financial, Rowlands ran the North American operation of FT Information. She [...]
-- Newsweek: The Washington Post Co. mag has named Pamela Raley, a former online ad sales exec at Hearst, Disney and Revolution Health, to the new post of chief revenue officer. Raley will be responsible for overseeing all ad revenue and the magazine's ad sales teams, but her main focus [...]
By now, anyone who's been paying attention knows that Tina Brown's online project with Barry Diller's backing is called The Daily Beast after the paper in Evelyn Waugh's Scoop. Brown's high-profile move to the web from glossy print is scheduled to go live Monday at 7 a.m. eastern, in the [...]
Yahoo (NSDQ: YHOO) and Google (NSDQ: GOOG) will suspend working together in order to give the Department of Justice more time to determine whether or not their ad search pact runs afoul of anti-trust laws AllThingsD reports, citing sources close to the situation. Yahoo spokesman Adam Grossberg confirmed that report [...]
PaidContent.org |
September 29th, 2008 |
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The Washington Post Company (NYSE: WPO) isn't just an for-profit education company, as it's still making moves to bolster the media side. Today it announced the acquisition of Foreign Policy magazine, along with its website Foreignpolicy.com. The bi-monthly glossy, which was originally founded in 1970, will become part of the [...]
Even if the Department of Justice says Google's (NSDQ: GOOG) search ad pact with Yahoo (NSDQ: YHOO) clears its antitrust hurdles, Sen. Herb Kohl (D-Wisconsin), chair of the antitrust subcommittee, says that it will still require close monitoring to ensure it doesn't threaten the online ad industry, Reuters reported. By [...]
Portfolio |
October 2nd, 2008 |
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With his inevitable self-deprecation, Paul Newman once said that the downside of his successes with his Newman's Own line of foods was that "my salad dressing is out-grossing my films." In reality, his box-office draw showed an enviable growth curve, from Silver Chalice, the first of his 65 movies (which [...]
-- Venrock-eMusic CEO: Outgoing eMusic CEO David Pakman is joining the venerated VC firm Venrock as a Partner in New York City, where he will be part of the recently enhanced Digital Media team led by David Siminoff in Palo Alto. He announced his departure from the online music service [...]
This is a rough time if for any company that's debt dependent, and few industries are in more desperate need of restructuring there than ailing newspapers. Just last week, McClatchy (NYSE: MNI) gave itself some breathing room, restructuring its debt at the cost of higher interest rates. Today the Minneapolis [...]
Starz Entertainment, owned by Liberty Entertainment, which recently closed down its consumer online movie service Vongo, is now adding its bunch of movies to Netflix's (NSDQ: NFLX) growing online movie service. This will add about 2,500 movies, TV shows and music concerts to Netflix's library of about 12,000 videos available [...]
BuzzMachine |
September 30th, 2008 |
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The old building block of journalism - the article - is proving to be inadequate in the current onslaught of news. I'll argue here that the new building block is the topic. The story was all we had before - it's what would fit onto a newspaper page or into [...]
PaidContent.org |
September 30th, 2008 |
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The recent turmoil in the financial markets would not appear to have any particular silver lining for the media industry. While local newspapers might be experiencing an uptick in local bank ads touting their safety and CD rates, there is not much else about which to feel good. Consolidation of [...]
PaidContent.org |
September 30th, 2008 |
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It's been a rough few years for the newspaper business. With the migration of readers and advertisers from print to online, and then the past year's economic downturn and market meltdown this month, it's hard to figure out where the fixes are going to come from. William Dean Singleton, CEO [...]
BuzzMachine |
September 29th, 2008 |
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As threatened, in my Guardian column this week, I try to catalogue the yes-but contrariness I hear about the internet's opportunities-and my responses: It never fails. I'll be talking with a group about the amazing opportunities of the internet age and inevitably someone will pipe up and say, "Yes, but [...]
PaidContent.org |
September 29th, 2008 |
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Barring some 11th hour miracle, it looks like the New York Sun is finished. The NYC daily, launched in 2001, printed its last edition today, as nobody stepped in to throw it a lifeline. Just last week, the company said that while it had raised some money, it still needed [...]
