Friday 20 July 2007

Black will stay out of jail for now

Former newspaper baron Conrad Black will stay out of jail until his November sentencing for his obstruction of justice and fraud convictions, a Chicago judge ruled Thursday.

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Dow Jones director resigns in protest over Murdoch bid

Dow Jones Director Dieter Von Holtzbrinck has quit in protest over News Corp.'s bid to buy the company, a U.S. Securities and Exchange Commission filing has revealed.

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Dow exec: Future brighter with News Corp.

Dow Jones's chief executive, who has led the company's negotiations with News Corp. over its $5 billion buyout offer, explained in a memo to employees why the company's future could be “even brighter” if the deal is approved.

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Online video advertising growing, but still a niche

Online video advertising spending will reach $775 million this year in the United States, with an 89 percent annual growth rate. It will continue to grow with at least 39 percent annually in five years, achieving $4,300 million in 2011, according to eMarketer.

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Most readers view printed and Web versions of newspapers

Eighty-one percent of newspaper Web site readers have also read the printed newspaper in the last seven days, according to a new released study by Newspaper National Network LP and Scarborough Research.

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U.S. advertisers favour their own Web sites

U.S. advertisers consider their own Web sites to be the most effective online marketing tool, according to the “Annual Ad Spending Study” by Outsell Inc. E-mail and search marketing came in second and third.

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