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Thursday 21 June 2007

MSNBC lists editors and reporters who made political donations

MSNBC released a list today of 144 journalists who donated to political campaigns or causes in the United States from 2004 to early 2007, according to public records of the Federal Election Commission. Those working for newspapers made up the largest number, even though some newspapers have ethics clauses prohibiting or discouraging these types of donations.

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Internet is no longer an add-on, but a primary medium

In a presentation at the Mid-Year Media Review in New York this week, a statement by Reide Ashe, Media General's chief operating officer, sums up what everyone seems to be saying, “The Internet is no longer an add-on. For many applications such as breaking news or, increasingly, classified advertising, it's now our primary medium.”

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Czech newspaper and magazine distributors make profits

The largest newspaper and magazine distributors in the Czech Republic announced today that they made profits in 2006.

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LVMH seeks to buy Pearson's Les Echos

The world's largest luxury goods maker, LVMH Moet Hennessy Louis Vuitton SA, entered into exclusive negotiation talks with Pearson Plc to by the French financial newspaper Les Echos.

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Dow Jones board takes control of negotiations with News Corp.

The board of Dow Jones & Company, which publishes The Wall Street Journal, is taking over negotiations with Rupert Murdoch's News Corporation over the media conglomerate's unsought $5 billion bid to buy the company.

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New York Times raises print prices to replace lost ad revenue

The New York Times Company will increase newsstand and home-delivery prices in July in an attempt to replace lost revenue, as advertisers continue to focus more on the Internet and less on print.

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Gannett, Lee Enterprises, McClatchy see print ad revenue drop for mid-year review

Gannett, the United State's largest newspaper group, saw a 7 percent decline in overall revenue in May, compared to last year, while Lee Enterprises saw a 1.7 percent revenue decline and McClatchy's revenue fell 10.4 percent.

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North Carolina town ordered to pay newspaper's legal fees

A Dare County judge ordered the town of Kitty Hawk, North Carolina to pay The Outer Banks Sentinel $75,000 to cover legal fees the newspaper racked up as it fought to access government records.

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