Date

Sat - 18.11.2017


internet

Joint paywall platform Piano Media announced today that it has acquired €2 million in growth capital from 3TS Capital Partners Technology in Central and Eastern Europe Fund, according to a press release. Piano will use the investment to expand its global development and marketing efforts, the release said.

Launched in Slovakia in May 2011 and later expanded to Slovenia in January 2012, Piano Media is an online subscription-based payment service that groups major media outlets into a national paywall, as we previously reported. Currently, 20 publishers with 60 news websites participate in the Piano Media system, according to the release.

Piano Chief Executive and Founder Tomáš Bella said in the press release, “Our €300,000 seed funding, raised in 2011, enabled us to launch in two countries and prove Piano’s model works. This deal represents the next step in Piano’s growth; helping speed our expansion, recruit top talent, ramp up our marketing, broaden our sales channels and keep improving our software.”

Author

Gianna Walton

Date

2012-04-17 16:15

Slovakian start-up Piano Media reported a 37% revenue increase per 100,000 users and over €26,000 in revenue during its first month of operation in Slovenia, according to a press release.

Piano Media, an online common-payment subscription system, started as a successful national paywall in Slovakia and has since expanded to Slovenia, as previously reported. Nine Slovenian publishers are currently part of the Piano paywall system, including the national daily newspaper Dnevnik.

Piano Media spokesperson David Brauchli said in an email that while Slovenia only has 1.2 million internet users, compared to Slovakia’s 2.3 million, Piano’s revenue per 100,000 users in Slovenia was around €400 higher than in Slovakia.

As previously reported, subscriptions in Slovenia cost €1.99 per week, €4.89 per month, or €48.90 per year. 30% of profits go to Piano Media, 30% are given to the news sites where the user visits, and 40% are given to the site where the subscription is originally purchased.

“Piano's revenue is additional to what publishers are already earning from their sites, which were free before, so this immediate increase in revenue is already helping the beleaguered industry,” Brauchli said.

Author

Gianna Walton

Date

2012-03-16 17:13

The Independent News & Media chief executive, Gavin O'Reilly, on Tuesday warned that advertising revenues will remain flat this year, as the publisher announced plans for a major expansion of its Irish internet business.

INM reported increased operating profits for the year ending December 2010, during which it sold its loss-making UK papers the Independent and Independent on Sunday to Alexander Lebedev.

Continue reading on Media Guardian

Author

Anton Jolkovski

Date

2011-03-23 09:02

French newspaper Libération has joined other websites in replicating the contents of the Wikileaks site, according to an announcement posted today:

"We chose to prevent Wikileaks from asphyxiation at a time when governments and businesses are seeking to block its operation without a court order. Like thousands of other sites, Libération.fr decided to participate in the support movement that is taking place on the Net by replicating the contents of Wikileaks. The so called 'mirror' can be hosted by anybody with space on servers. That's what we have done to prevent disappearing from the Internet information selected by Wikileaks partner newspapers. So we have opened this address: wikileaks.liberation.fr."

Image: BoingBoing.net

According to the site, Wikileaks is currently mirrored on 1,559 websites.

However, it is "impossible to authoritatively catalog" all of Wikileaks' mirror sites, simply because there are too many, and the situation is "too fluid," BoingBoing writer Xeni Jardin explained last week.

Author

Leah McBride Mensching

Date

2010-12-10 20:51

Newspapers in Britain depend on advertising too much, which has been a large factor in closures and layoffs in recent years, according to a new book, commissioned by the Oxford-based Reuters Institute for the Study of Journalism, MediaGuardian reported.

At the same time, the Internet may not be as responsible for lower profitability - online usage and profitability can and do work hand-in-hand in may places, the work claims.

For example, in Germany and across Scandinavia, where Internet usage is high, newspapers are doing well, and generally 50 percent of revenues come from advertising. However, in Britain and the United States, where advertisings makes up a larger slice of revenues, profitability is lower. This could be largely due to a cyclical advertising recession in recent years, according to the study.

Author

Leah McBride Mensching

Date

2010-11-23 17:49

Social networking sites such as Facebook fragment the Web, and "have begun to chip away at its principles," said Tim Berners-Lee, inventor of the World Wide Web, the Guardian reported today. Although the networks are some of the Web's "most successful inhabitants," erode its basic principles by creating a "closed silo of content," he said.

"The more you enter, the more you become locked in. Your social networking site becomes a central platform - a closed silo of content, and one that does not give you full control over your information in it," he wrote in an article titled "Long Live the Web: A Call for Continued Open Standards and Neutrality," for the Scientific American. "The more this kind of architecture gains widespread use, the more the Web becomes fragmented, and the less we enjoy a single, universal information space."

Photo: Telegraph.co.uk
Berners-Lee also argued that companies selling Internet connectivity are another a threat, giving the example of cable television companies that are considering limiting users to their entertainment packages.

Author

Leah McBride Mensching

Date

2010-11-22 19:05

In a move that could threaten Google, Yahoo and AOL, social networking giant Facebook is planning to launch a webmail service on Monday, Slate reported today.

"Facebook has the world's most popular photos product, the most popular events product, and soon will have a very popular local deals product as well," TechCrunch's Jason Kincaid wrote.

Image via CNet

The initiative (termed "Project Titan") is believed to have e-mail features that analyse events, photos and friends from a user's page and use the data to then analyse e-mail and short messages, The Inquirer reported. Users will have facebook.com e-mail addresses, the Financial Times informed.

"The big unknown, though, is what Facebook e-mail could supply beyond an inbox and address book. Gmail genuinely innovated with storage capacity, the ability to archive e-mail, secure communications by default, and customisation through labs features. What might Facebook accomplish, especially given its quantitative knowledge of who is most important to whom in the social realm?" pondered CNet's Stephen Shankland.

Author

Alisa Zykova

Date

2010-11-12 17:59

Russian Facebook investor Mail.ru Group saw a 30 percent climb on the London Stock Exchange last Friday, gathering US$912 milllion, Bloomberg reported. The Initial Public Offering valued Mail.ru at $5.71 billion, which was the largest in the UK since July.

The Internet firm and its current stakeholders sold 32.9 million global depositary receipts for $27.70 each, Bloomberg revealed. However, on Friday the figures experienced a boost as they reached $37 per share, AFP informed.

Mail.ru operates Russian-language e-mail, gaming sites as well social networks, such as Odnoklassniki and VKontakte. The Wall Street Journal outlined that the company appealed to investors because they saw a chance to bet on the possible development within the country's economy as well as Mail.ru's significant market shares in strategic areas.

"This is the first issue in 2010 that has been able to place at the top of the indicated price range," said Chris Weafer, chief strategist at financial group Uralsib. "While most other IPOs have struggled in tough market conditions, Mail.Ru has certainly hit a sweet spot."

Author

Alisa Zykova

Date

2010-11-08 21:45

Malaysians spend the most time on social networking sites, averaging nine hours per week, and also tend to have the most friends, with an average of 233; meanwhile, users in Japan are at the other end of the scale, with an average of 29 friends, according to a study released by TNS Digital Life yesterday.

Globally, people with access to the Internet use digital sources for their top media channel, the study found. Sixty-one percent of online users use the Internet each day, compared to 54 percent for TV, 36 percent for radio and 32 percent for newspapers, the study found.

Image: TNS Digital Life
The study covers nearly 90 percent of the world's only population through 50,000 interviews with consumers in 46 countries, according to a press release.

Surprisingly, Chinese social networking users, who use social networks heavily, had few friends, with an average of 68, PCMag reported. Following Malaysia, people in Russia and Turkey use social networking sites heavily, at 8.1 hours per week and 7.7 hours per week, respectively.

Author

Leah McBride Mensching

Date

2010-10-12 00:18

The official date that open registration begins for Russian-language domain names ending with the Cyrillic extension ".рф" has been set for November 11 at noon by the Coordination Center for Top Level Domains .RU (CCTLD), RadioMayak reported last week.

During the first year, only Russian citizens and organisations registered on the territory were allowed to sign up for domain names. Foreign companies would have to wait until autumn 2011. In addition, users will not be allowed to re-sell the rights to domain names to other entities for the duration of a year.

The price for registering a Cyrilic domain name has not been set by the CCTLD but will be determined by the 19 registration services currently operating the initiatives.

"The absence of artificial boundaries will allow the Cyrillic zone to actively evolve through natural means and the market, oriented towards the consumer, will shape the appropriate price," Registration service REG.RU's general director Aleksei Korolyuk said, Gazeta.ru wrote.

The expansion of languages to be available for domain names was revealed last year by the Internet Corporation for Assigned Names. The move was aimed towards languages that do not use the Latin alphabet.

Author

Alisa Zykova

Date

2010-10-04 14:21

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