Date

Tue - 21.11.2017


profitability

On Saturday morning, senior journalists at The Sun, Britain's biggest-selling daily, were arrested over allegations of corrupt payments to police officers and other public officials. The journalists were released on bail without being charged, but the arrests have caused a furor in the British media, and a serious conflict at The Sun, described by Guardian media commentator Roy Greenslade as a "civil war".

Time will tell how the crisis will affect News Corp in general and The Sun in particular, but Robert Andrews at paidContent has published an article suggesting that, as yet, the ethics scandal at News Corp has not impacted on The Sun's bottom line.

Andrews writes that although The Sun's circulation has declined by 15% over the past year, "last year's sales pattern merely followed that which has flowed for the last decade..."

Author

Hannah Vinter

Date

2012-02-14 15:06

AOL can be proud of The Huffington Post. The ever-expanding blogging and news aggregation platform opened up in France last month, and is soon set to launch in Spain and Italy as well.

But not all of AOL's media properties are such model children. In 2007 AOL founder Tim Armstrong co-founded the hyperlocal news network Patch, but the $145 million AOL has put into the company after purchasing it in 2009 has not yet been recuperated. In fact, according to Reuters, RBC Capital Markets analyst Ross Sandler estimates that Patch has made a total loss of $150 million. Business Insider estimated Patch's losses last December somewhere around $100 million.

Media analyist Ken Doctor, quoted by Reuters, assess the situation: "Patch is underperforming. It is halfway from where it needs to be in terms of revenue and user experience".

Author

Hannah Vinter

Date

2012-02-10 16:41

Newspapers are proving so resilient that the term "dying newspaper industry" will be retired in the next year or two.

Newspapers are still profitable, even in the midst of the most punishing ad drought in memory. Readership is at record levels, despite price hikes imposed by publishers. And web interlopers haven't laid a glove on the industry's status as society's dominant news-gatherer.

Continue reading on moneyville

Author

Anton Jolkovski

Date

2011-02-14 17:04

The Daily Mail & General Trust chief executive, Martin Morgan, has said he is sceptical about the commercial viability of Jeremy Hunt's plans for local TV services.

Morgan said that DMGT, which owns the Daily Mail and Mail on Sunday as well as more than 100 regional titles, remained unconvinced that businesses involved in Hunt's plans could make profits.

Continue reading on guardian.co.uk

Author

Anton Jolkovski

Date

2011-02-09 17:13

The first annual World Newspaper Future & Change Study is a global research study about newspaper publishers' business strategies moving forward for the next five years, with the key objective to inspire newspaper executives to invest and innovate their business units and business practices, the latest SFN's report, Charting the Course for Newspapers, reported.

The purpose of the study is to pinpoint the business and strategic challenges of the world's newspapers, and then to identify the publishers' strategies moving forward to turn the challenges into opportunities.

When asked to list potential areas to produce greater efficiencies and cost savings, by far, profitability was the survey's No. 1 response, rating almost two whole points higher than the next highest category on a 10-point scale.

This suggests good, old-fashioned revenue making as the way media companies can remain successful businesses. Profitability was followed by streamlining workflow and processes for cost savings, and investing in technologies to improve productivity as the next most important ways to achieve greater efficiencies and cost savings in the next year.

Author

Erina Lin

Date

2010-01-26 23:31

Until now, Twitter may not have been considered a profitable company, but that is all to change. The popular micro-blogging enterprise will be able to notify the public of a small but present profit for 2009 thanks to US$15 million and $10 million deals with Google and Microsoft, respectively, PC World reported yesterday.

Twitter's deals with the two companies dictate that users' "tweets" be available on Google's search engine as well as the Microsoft-run Bing. It is not sure whether Twitter would depend on the two giants or whether it would be able to develop businesses to boost income (e.g. advertising or premium services), Reuters reported Monday.

According to Reuters, Twitter was aiming for only $400,000 in revenues during the third quarter of 2009 and for $4 million during the fourth. The information had been obtained by a hacker and was later published on the TechCrunch blog, the news wire reported.

Twitter recently obtained $100 million in funding, granting the company an overall value of approximately $1 billion. Analysts question the possibility of acquisition by Internet corporations such as Google, Yahoo or Time Warner's AOL, Reuters said.

Author

Alisa Zykova

Date

2009-12-23 21:06

Associated Press President and Chief Executive Officer Tom Curley remarked at a Foreign Correspondents' Club in Hong Kong that he welcomed a war between Microsoft and Google for dominance of the online search market, Agence France-Presse reported Tuesday.

The AP boss said the battle - sparked by Microsoft's June union with Yahoo! -- represents "a turning point in the traditional media's efforts to adapt to the Internet," according to Editor & Publisher, which also published the story.

The AP and Google had been debating compensation for months when the non-profit news cooperative grudgingly struck a modest accord with the online information aggregator, Forbes reported in April.

In a version of the story appearing through both Yahoo!, and Google, Curley suggested he would prefer Microsoft to come out the victor because it had proven keener than Google in improving the profitability of online news.

Author

Leah McBride Mensching

Date

2009-10-06 19:32

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