U.K. newspaper publisher DMGT and its subsidiary, Associated Northcliffe Digital, have signed with Tomorrow Focus, a German digital content company, to sell advertising on the Internet across a European advertising network.

The network calls itself Premium Publishers Online, and connects Spain's El Mundo, France's 01net and 01men, Holland's Telegraaf Media Groep, Agora Group and Poland's Gazeta. They will offer advertisers campaigns spanning the continent to reach up to 40.2 million users in eight European countries.

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Timesonline.co.uk is the only UK national newspaper Web site reporting a significant gain in readers and increased monthly traffic, according to figures released Thursday by ABC Electronic.

The Guardian and Telegraph both posted month-on-month unique users down, while the Sun saw the number of unique users barely up versus the prior month.

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Print media such as newspapers and magazines are not being pushed aside due to the growing popularity of digital publishing, the Magazine Association of Thailand announced.

“The claim that consumers have gradually stopped reading magazines is a myth,” said Wiluck Lohtong, the association's secretary-general, who is also the CEO of Inspire Entertainment Co., at a seminar on the magazine industry's trends on Monday. He said the myth that young people do not read print media anymore is false.

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Baidu.com, the most popular Chinese search engine, said its second quarter revenue and profits more than doubled compared to the same period in 2006, although its growth rate is expected to slow down.

This Wednesday, Baidu announced its second quarter revenue achieved 401.3 million renminbi, representing a 109 percent growth, while net income grew 143 percent to 141.9 million renminbi. Both increases are obviously lower than last year, which indicates the Chinese Internet market and Baidu’s business size are near maturity.

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In a letter published in Thursday's Le Monde, journalists at the French financial daily Les Echos appealed to Bernard Arnault to quit talks to buy the newspaper because they say he does not know anything about the newspaper business.

“The newspaper business is a profession. It's not yours. We do not want you to send Les Echos into an infernal cycle of deficits. It would guarantee for certain that we lose our independence,” the letter stated.

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The number of help-wanted advertisements in U.S. newspapers in June spiraled to a 49-year low, a research group announced Thursday.

The Conference Board, a global business research and membership organisation, stated that its Help-Wanted Advertising Index, which measures job offerings in major newspapers across the United States, dropped one point in June, to reach the index number of 26. That number was 32 a year ago.

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A department editor at Azerbaijani newspaper Bizim Yol (Our Way) has been sentenced to three months in prison in a closed court hearing Thursday for taking $35,000 in bribes from a Labour and Social Protection Ministry employee.

Mushvig Huseynov was detained Tuesday by Azerbaijani National Security Ministry officials and was sentenced at Narimanov District Court by Judge Gulnara Tagizade. Huseynov is expected to make an appeal within three days, and has not admitted guilt.

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The chairman of Lambrakis Press has sold 830,000 shares in the Greek publishing company.

Christos Lambrakis reduced his stake by 1 percent, and now controls 7.364 percent of the shares, and 33.242 percent of its voting rights.

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