Date

Fri - 24.11.2017


August 2007

The Sun plans to get into the local advertising market when it launches its revamped Web site next month.

The move, in which the Sun will take on local newspapers, is part of an extensive customisable service on its Web site.

The MyStreet feature will help the Sun's parent company, News International, compete directly against Trinity Mirror and Daily Mail & General Trust, in addition to other local paper publishers who are battling in the local ad market.

MyStreet builds on the classified service Sun Local, which collaborates with the web classifieds firm Oodle since May last year.

According to MediaGuardian, the service will ask users to sign up for free, and lead them to a personalised homepage for their local area, where maps, a virtual pub discussion area, a mailing list for residents and a dating service are all available.

MyStreet will generate revenue through a property section, ads for local services, and display advertising from local businesses. The site is part of a wider News Group Digital strategy aimed to reach the estimated 4.4 million Sun readers who do not use Sun Online.

The company estimates that only 10 percent of Sun newspaper readers, or 800,000 people, use its Web site. About 2.8 million Sun readers do not even use the Internet, according to data compiled for NGD by Internet research firm TGI Net.

Author

Erina Lin

Date

2007-08-31 06:54

While most newspaper stocks peaked over three years ago and continue to sink, advertising is migrating to the Internet and circulation is weakening across the board, the only people who seem to want to get into the newspaper business these days are ... billionaires?

In his Turnaround Letter, published in Forbes, George Putnam points out that Rupert Murdoch, Sam Zell, Ron Burkle, Eli Broad and David Geffen are all billionaires, all very successful businessmen and have all recently tried to buy newspaper companies.

But why?

Except for Murdoch, all the men became wealthy through other industries (Broad and Zell in real estate, Burkle in supermarkets and Geffen in music), so what do they know about the newspaper industry, and what do they see in newspapers?

“Powerful franchises, for one thing,” Putnam writes. “For example, The New York Times and The Wall Street Journal must be among the best-known brands on the planet. Even if the declines in readership for the papers cannot be stemmed, the brands can be transferred to other media such as the Internet.”

Putnam also points to good valuations. For example, while New York Times stock trades at one times sales, while Google trades at nearly 12 times. Newspaper stocks also pay healthy dividends, he states.

“And there is a certain ego factor involved in owning a newspaper,” he writes. “Sam Zell, in particular, has a well-earned reputation for buying assets that no one else wanted and turning a large profit on them, earning him the nickname 'grave dancer.'”

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Author

Leah McBride Mensching

Date

2007-08-31 06:53

As regional publishers invested heavily online but could not stop declines in circulation and print ad revenue last year, the UK's local newspaper industry lost about 225 million pounds in 2006, the Financial Times reported Thursday.

So far, the newspaper industry views 2006 as a low point, as most regional publishing groups have reported improvements this year and a slowing trend in ad revenue decline, according to a survey by the Newspaper Society of its members published Thursday.

The survey also found the number of Web sites owned by the 85 regional or local newspaper groups in Britain grew by a third to 1,102, while new magazines and other niche publications rose by 21 percent, to 755, the Financial Times reported.

However, the increase in revenue newspapers raked in from other sources were not enough to make up for losses of traditional advertising sales, causing the industry's revenues to fall from about 4.09 billion pounds to 3.87 billion, a five percent drop, between 2005 and 2006.

Analysts agree online income won't come close to saving regional newspaper publishers.

Tags

Author

Leah McBride Mensching

Date

2007-08-31 06:51

As new media projects mean higher investments, Swiss media group Tamedia AG saw first half net profit drop to 51.2 million Swiss francs (31.2 million euro) from 52.3 million.

Analysts had made the previous forecast of net profits for the group reaching between 49.4 and 54.8 million Swiss francs, or an average of 51.12 million.

Tamedia has said it expects the economic environment to improve, as EBIT in the period rose by 2.5 percent to 64.4 million sfr, with the margin dropping from 17.8 percent last year to 17.3 percent now, Finanz Nachrichten has reported.

Tamedia also saw sales rise across all division, by 5.5 percent, from 353.7 million sfr last year to 373 sfr million this year.

The media group has invested in its free daily newspaper 20 Minuten and launched four regional editions of flagship paper Tagesanzeiger.

Tags

Author

Leah McBride Mensching

Date

2007-08-31 06:50

According to a new study by Marketing Daily, eight out of 10 Americans know what “blog” means, and nearly half have visited the blogosphere – some even on a daily basis.

"The high awareness is surprising given that blogging is an emerging media outlet. The segmentation on awareness and usage, and on people having their own blogs, is driven by age, with obviously younger people more active in blogging," said Tom Mularz, senior vice president at Synovate eNation, which conducted the online survey of 1,000 U.S. adults.

Based on Technorati's data, there are 99.9 million blogs out there. Since there are too many choices, it is not surprising that 54.4 percent of blog readers surf a variety of blogs rather than stay loyal to a few, an eNation study reports. Moreover, the blogosphere is similar to the real world: Men are more commitment-phobic than women – About 60 percent of males surf a variety of blogs, while 50 percent of females do so.

In spite of the trend that any emerging media poses a threat to traditional media, 87 percent of the people who read blogs said it does not decrease their time with other media now that they are reading blogs. Of the 13.3 percent who have ditched old media habits, newspapers, television and magazines have taken the biggest hits.

Author

Erina Lin

Date

2007-08-31 06:49

The Sunday Times announced it is closing its bureau in Northern Ireland, leaving the editor there looking for other job options.

Liam Clarke has worked at the Times for about 20 years, witnessing some of the biggest, most dangerous stories the paper covered during the Troubles in Northern Ireland. “His departure marks and end to one of the most turbulent news reporting careers on the paper, during which he frequently covered terrorism, extortion and crime,” writes the Guardian's Ben Dowell.

The post in Northern Ireland has been made redundant “due to the changing news agenda,” Clarke, who had been on staff at the Time for more than 16 years, told the Guardian. The end of the Troubles and peace in Northern Ireland, as well as tightening budgets due to buying new printing presses, have led to the bureau's closure.

“The redundancy settlement which is now being finalised should give me an opportunity to take stock without too much pressure to commit to anything full time or permanent straight away,” Clarke wrote in an e-mail, obtained by the Guardian, announcing his departure to colleagues. “People have suggested a few projects to me as the news of my departure filtered out. I plan to check all of these out in the coming weeks and, meantime, I am open to any other paying propositions.”

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Author

Leah McBride Mensching

Date

2007-08-31 06:47

The Kalamazoo (Mich.) Gazette has purchased The South County Commercial-Express, a weekly newspaper in Vicksburg, Mich., which serves Kalamazoo County's four southernmost townships.

The Commercial-Express, which is a combination of the former Vicksburg Commercial and the Schoolcraft Express, will operate with its current name remaining.

Tom Haroldson, a Gazette staff writer and the editor of the weekly Portage Gazette, was appointed as editor.

The financial terms of the acquisition were not disclosed.

The Commercial-Express has been published since 1879 in various forms. It will be delivered by carrier every Monday, rather than by mail on Thursday.

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Author

Erina Lin

Date

2007-08-31 06:45

Rupert Murdoch's News Corp. and Dow Jones & Co. have cleared an antitrust waiting period early, which satisfies one of the conditions to closing the $5.6 billion buy-out deal.

The Premerger Notification Office of the Federal Trade Commission granted early termination of the waiting period, which is part of the Hart-Scott-Rodino Antitrust Improvements Act, on Tuesday. Ending the waiting period means News Corp. is one step closer to owning Dow Jones.

The deal is expected to close in the fourth quarter this year, but must clear other regulatory hurdles first, which must be approved by Dow Jones stockholders, Editor & Publisher reported.

Dow Jones agreed to News Corp.'s takeover bid Aug. 1.

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Author

Leah McBride Mensching

Date

2007-08-30 06:09

Although three-fourths of its audience accesses the site from outside the United Kingdom, the Mail Online's commercial focus will remain on the UK, the editorial director has said.

Martin Clarke told Journalism.co.uk that even though traffic from the United States is high, “all our efforts are focused on the UK traffic.”

UK traffic is what the Mail Online's advertisers are most interested in, he said.

“No British newspaper website – and we all have masses of traffic from abroad particularly the States – has really figured out how you effectively monetise it,” he is quoted as saying by Journalism.co.uk. “ take the view that if you produce a good site for UK users, then the international traffic will come automatically.”

But while the Mail Online keeps its focus on the UK, other papers there look to cash in on the growing American presence on their sites. The Guardian is looking to add additional reporters to its U.S. staff and target U.S. advertisers, Business Week reported.

The Mail last week reported receiving 9.2 million visitors, that's 78 percent of total unique users, and 58 percent of its page impressions in July from people accessing the site outside the UK, according to an ABCe audit. The same audit also found the Mail Online's nearly 12 million unique users is only second to the Guardian as the most accessed newspaper Web site in the UK.

Author

Leah McBride Mensching

Date

2007-08-30 06:07

Local newspapers and Yellow Pages publishers are making deals with online and mobile companies, for the chance to up-sell their local listings in the digital market.

In the latest deal, R.H. Donnelley dealt with Yahoo Local to offer its directory customers exposure on the Yahoo Local and Yahoo Map sites.

Fourteen Western and Midwestern states are involved in the deal, in which Donnelley publishes the print Yellow Pages for Qwest under the Dex brand name.

Dex's advertisers who opt for the digital upgrade will be included in Yahoo Local's featured listings, securing sponsored placement in the first or second page of search results. Enhanced listings, which include additional information such as detailed business descriptions or photos, are also available.

Yahoo has also been striking deals with newspaper companies to share content, which gives local business exposure on Yahoo Local listings, Yahoo Maps and Event listings, according to Media Post.

Many newspapers have already joined Yahoo's newspaper consortium, including Belo Corp., Calkins Media, Cox Newspapers Inc., Hearst Newspapers, Journal Register Company, Lee Enterprises, McClatchy, Media General, MediaNews Group, Morris Communications, Paddock Publications, Philadelphia Media Holdings and the E.W. Scripps Company.

Author

Erina Lin

Date

2007-08-30 06:05

French media giant Lagardère announced Wednesday it has bought the interactive media agency Nextedia for 50 million euro in cash.

Lagardère will pay additional earn-out payments in 2011 and 2013 for up to a maximum of 50 million euro, “contingent upon the attainment of specified profit targets,” according to a Lagardère statement.

Nextedia aims to help advertisers expand their presence on the Internet by consulting in online marketing, developing eMarketing tools such as Web sites or display advertising, consulting in search engines optimization, buying digital advertising space, designing and managing databases and building traffic through linking strategies and viral brand marketing campaigns.

“Aside from the strategic and business case for this deal, the key challenge in this acquisition is to exploit fully the cultural mix between traditional and digital media,” Didier Quillot, chairman of the Lagardère Active Management Board, said in a statement.

The media agency's gross profit last year was 9.7 million euro.

The deal follows Lagardère's recent acquisition of U.S. based Jumpstart.

Tags

Author

Leah McBride Mensching

Date

2007-08-30 06:02

Lagardère Active said it has acquired the French online advertising company ID Regie in order to reinforce the position of its Lagardère Publicite unit in the Internet market. Financial terms were not disclosed.

The group said ID Regie sells advertising space for more than 30 Web sites, including Price Minister, Alapage, LDLC and Top Achat. In 2006, ID Regie doubled its gross operating profit to $1.1 million euro.

Lagardère Active, established in 2006, unites magazine publishing activities and audiovisual and digital divisions for its parent company Lagardère, ABC Money reported.

Tags

Author

Erina Lin

Date

2007-08-30 06:01

The Mumbai based tabloid Mid-Day is looking to venture outside print and radio and into television broadcasting in an effort to further strengthen is Web presence.

Mid-Day, which has branched out into other cities, such as Bangalore and Delhi, also owns the private FM radio brand, Radio One.

The move should not be considered as a shift away from one media outlet and into another, said Shishir Joshi, editorial director at Mid-Day. He said no media outlet can be ruled out, as “Mid-Day is willing to get into any new space which is exciting,” he told agencyfaqs in an interview.

Joshi only ruled out the possibility of a news channel, although a further consolidation or a new venture into broadcast are possibilities.

“For Mid-Day, anything that is exciting is a viable business option. It can be digital or even television,” he is quoted as saying.

Tags

Author

Erina Lin

Date

2007-08-30 05:59

Associated Newspapers has secured a deal to lift circulation of its national morning freesheet Metro by 250,000 copies. The move is designed to beat rival News International.

The deal will increase Metro's circulation in London by 205,000 copies to more than 750,000 and another 45,000 will be spread among eight editions in other cities throughout the United Kingdom.

In London, the morning freesheets will be also distributed to 250 new stations in and around the city and the southeast commuter belt.

Associated Newspapers said the deal will grow Metro's daily circulation to 1.36 million copies across 16 UK cities.

The deal will kick off in mid-September and be over by Oct. 1, which will bring pressure on the News International-owned afternoon freesheet the London Paper, and Metro's Associated sister paper London Lite.

"Metro has established a fantastic relationship with young, working ABC1 commuters but many of our target audience have not been able to pick up a copy of the newspaper so we are extending the supply," Metro's managing director, Steve Auckland is quoted as saying by the Guardian.

Mr. Auckland added that with over 5 million "urbanites" in the UK – more than half in London - there is "still room for us to grow without diluting our reader profile."

Author

Erina Lin

Date

2007-08-29 05:35

Belgian publisher Rossel is considering making an offer on French business daily La Tribune if its owner, Louis Vuitton Moet Hennessey, decides to sell it, according to a report in Les Echos.

Speculators expect LVMH to sell La Tribune when it finishes its proposed acquisition of rival newspaper Les Echos from British media group Pearson Plc.

According to the report, Rossel, which owns Belgian newspaper Le Soir and the French title La Voix du Nord, has had access to La Tribune's financial data, but has not made a formal decision to place a bid.

Les Echos journalists are opposed to the proposed takeover by Bernard Arnault, chairman and chief executive of LVMH, the world's largest luxury goods maker.

Tags

Author

Leah McBride Mensching

Date

2007-08-29 05:29

The Russian newspaper known for its investigative reporting has begun posting English translations of select articles.

Novaya Gazeta's new English site, en.novayagazeta.ru, is currently designed for six articles, which the newspaper began posting Thursday.

“We will not translate the whole paper because not every article interests foreign readers,” Novaya Gazeta's online editor, Sergei Asriyants, told The Moscow Times on Monday.

One freelance translator is responsible for translating news items into English, and because the site was just launched, there is no information as to how many people have visited the site yet, he said. The paper's Russian Web site, novayagazeta.ru, averages 73,080 unique users per week. The newspaper's print version is published three times a week and has a circulation of about 180,000. It is distributed in Russia, Israel and Kazakhstan.

As of Tuesday, the top story on the English version of the newspaper's site focused on the investigation into the murder of Novaya Gazeta reporter Anna Politkovskaya, titled “How Anya was killed.”

View a related article on Editorsweblog.org

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Author

Leah McBride Mensching

Date

2007-08-29 05:27

Portable media players with video capability are expected to outsell audio-only devices by the end of 2008, according to a study from In-Stat.

The report, estimating both unit sales and revenue throughout 2011, indicates overall demand for MP3 devices will stay strong.

Currently, only 11 percent of the survey respondents said they would buy a portable media player mainly for its video functions, even those who are purchasing a video-capable model. However, the number is expected to grow very quickly as the price goes down and video quality improves.

The study predicts the overall unit shipments of MP3 players and portable media players will exceed 275 million in 2011, compared to 182 million in 2006.

In the recent In-Stat survey, 52 percent of 2,408 respondents had an MP3 player or PMP.

Meanwhile, music-enabled cell phones are not as competitive as MP3 players, but the niche may grow as some consumers search for audio-only playback capability as part of cheap, multipurpose devices.

As for the mobile phone, a study from SNL Kagan shows that nearly 85 percent of the U.S. population will own a mobile phone by the end of 2007, and will reach 100 percent by 2013. In fact, Kagan says the number will exceed 100 percent as some consumers own multiple mobile phones for different purposes.

Total U.S. wireless revenue is expected to reach $253 billion by 2017.

Author

Erina Lin

Date

2007-08-29 05:24

Moody's Investors Service on Monday changed its outlook on the New York Times Co. from stale to negative, indicating growing pressure on the publisher's advertising from other media and a decline in the housing market.

The media company's debt is likely to be downgraded over the next 12 to 18 months, the investors service said.

The Times is currently rated "Baa1," the third-lowest investment grade ranking.

"The negative rating outlook results from increased pressure on the company's retail and classified advertising from cross media competition and the downturn in the housing market," according to a Moody's statement.

The New York Times is suffering from a recession of print advertising as more readers spend their time online, as well as economic factors such as the depressed U.S. house market, which crimps marketing budgets.

Moody's said a 31 percent increase in the company's quarterly dividend in March 2007, tax payments on recent asset sales and continued heavy capital spending throughout early next year will challenge the company on how to generate sufficient free cash flow to cut its debt.

Tags

Author

Erina Lin

Date

2007-08-29 05:22

The search for a new publisher of the Ventura County Star is under way, the newspaper and its parent company, E.W. Scripps Co., announced Monday.

Tim Gallagher became the newspaper's publisher in 2004, and will step down from the post in several weeks, continuing on as a part-time assistant to Scripps Howard Publishing President Mark Contreras.

Gallagher plans to open a media and management consulting business, according to an Associated Press report.

He told the AP his stepping down to open his own business, while staying on with Scripps, gives him a chance to do something he really wants to do, while continuing his 30-year association with a company he “dearly love(s).”

Gallagher, 51, began his career with Scripps as a 19-year-old intern at The Albuquerque Tribune. He worked in several positions in Albuquerque and at Scripps's El Paso Herald-Post, then served as editor of the Tribune for eight years. After becoming editor of the Star in 2000, he gave up that position to become publisher in 2004.

Tags

Author

Leah McBride Mensching

Date

2007-08-29 05:19

Advertisers from all over Africa are now eligible to enter their work as part of the Advertising Performance Excellence (APEX) awards.

The decision to extend entry outside South Africa, to the rest of the continent, was made by the custodians of the awards, the Association for Communication and Advertising (ACA). Entries for APEX 2008 will be accepted until Nov. 16.

“We are very excited about this development as this increases the variety and hopefully depth of entrants and marks a new era for the awards which we believe have been growing since inception in 1995,” ACA CEO Zandile Nzalo is quoted as saying by BizCommunity Africa.

APEX awards are marketing awards that examine all aspects of marketing campaigns, aiming to find which campaigns are most effective, and what makes them effective.

Nzalo told BizCommunity Africa that the “future of the advertising industry is hinged on proving” which concepts from the continent “ultimately aid the profitability of our clients.”

Tags

Author

Leah McBride Mensching

Date

2007-08-29 05:18

A group of 10 led by an ethnic Chechen organised crime boss that includes serving government officers will be charged in connection with the killing of Russian journalist Anna Politkovskaya, Russian authorities announced Monday.

Yuri Chaika, the prosecutor general, told a press conference that there is evidence the group also took part in killing U.S. journalist Paul Klebnikov.

“Unfortunately, this group included retired and acting interior ministry and (Federal Security Service) officers,” Chaika is quoted as saying by the Guardian.

Politkovskaya, 48, a reporter for Noveya Gazeta, was murdered execution-style as she stepped out of the elevator in her Moscow apartment building on Oct. 7, 2006. Klebnikov, 41, edited the Russian edition of Forbes magazine. He was shot dead in July 2004 near his Moscow office.

“Ten people have been arrested in connection with this case and literally, in the very near future, they will be charged with carrying out this grave crime,” Chaika is quoted as saying by the Guardian.

Author

Leah McBride Mensching

Date

2007-08-28 06:56

After agreeing to add News Digital Media to its content network, Google Inc. will run text-based advertising on the Web sites of The Daily Telegraph, The Australian and The Herald Sun, among others.

The deal could earn millions in pay-per-click revenue that would be shared between Google and NDM, The Australian reported Monday. Revenue from paid search ads Google generates on news Web sites operated by NDM, owned by News Limited, will also be shared.

The deal will see Google replace Yahoo! as the search results provider on NDM Web sites.

NDM spokeswoman Kate McQuestin would not reveal a target revenue, but said over time, generated revenue would be “significant,” according to The Australian.

Users will also be able to search NDM's own content and archives, said Richard Kimber, Google's South East Asia regional managing director.

“It's an example of the types of services we can offer to other types of business, not just publishers,” Kimber is quoted as saying by The Australian.

The agreement follows May's announcement that Google would run ads on Fairfax Digital Web sites. That deal did not include search.

Author

Leah McBride Mensching

Date

2007-08-28 06:52

ClickFacts has launched its new set of tools to help ad networks monitor participating publishers.

The Advertising Networks Verification Suite can continuously check if publishers run prohibited content, are involved in click fraud, forcefully install spyware on visitors' computers or other “rogue” activities. And, if necessary, the suite can even remove them from the network.

“As advertisers feel more comfortable with what they are buying, they will increase their online spending. By weeding out the questionable content and rogue publishers, advertisers' ROI will inevitably increase,” Michael Caruso, CEO of ClickFacts, is quoted as saying by Media Post.

ClickFacts, a private firm established two years ago in San Francisco, is an auditing software provider for Internet advertising.

Author

Erina Lin

Date

2007-08-28 06:50

Overall, newspaper sales in Ireland remained constant during the first half of the year, according to the latest report from the Audit Bureau of Circulations.

For daily titles, the Irish Times was stable, with sales at 118,150. The Irish Independent fell slightly, to 160,818.

For Sunday titles, The Sunday Times dropped an average of 2,500 sales, to 105,614, while the Sunday Tribune dropped 2.8 percent, to 70,192 copies, of which only 64,216 were bought at the full price. The Sunday Independent held steady at 287,942. Of those, 268,803 were bought at the full rate.

The Sunday Business Post saw a 1.2 percent rise, to 56,522.

Author

Leah McBride Mensching

Date

2007-08-28 06:49


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