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Monday 20 August 2007 Schibsted acquires WebTraffic, online profits up 43%By Erina Lin, Monday 20 August 2007 at 21:43 :: Media Ownership Schibsted, the biggest media group in Norway, has bought the online marketing and traffic firm WebTraffic. The financial terms were not disclosed. WebTraffic, based in Sweden, works with webmasters by providing them with guaranteed traffic to their websites. UK regional papers appoint new editorsBy Erina Lin, Monday 20 August 2007 at 21:40 :: Management Two UK regional papers, the Norwich Evening News and the Swindon Advertiser, have appointed new editors. Norwich Evening News, an Archant-owned newspaper, appointed James Foster as the new editor. Foster’s move follows the departure of David Bourn, who quit the post in May. Experts question Tribune buy-outBy Leah McBride Mensching, Monday 20 August 2007 at 21:33 :: Media Ownership As Tribune Co. shareholders prepare to gather in Chicago Tuesday to vote on the $8.2 billion plan that would take the company private, speculators question whether the deal will even go through. Since April, when Tribune accepted real-estate tycoon Sam Zell's offer to go private, the company's debt has continued to mount, making the $34 per share deal tough to go through, according to industry analysts. Bodyguards beat reporter, first lady sues newspaper editorBy Leah McBride Mensching, Monday 20 August 2007 at 21:31 :: Press Freedom & Laws The Prime Minister of Mauritania's bodyguards physically attacked radio journalist Mohamed Mahmoud Ould Moghdad two days before newspaper editor Sidi Mohamed Ould Ebbe was charged with “libeling the First Lady” over the weekend. Reporters Without Borders condemned both actions in Mauritania in a statement released Monday, following Saturday's charges against Ebbe and Thursday's beating of Moghdad. Thai government illegally blocking Web sitesBy Leah McBride Mensching, Monday 20 August 2007 at 21:29 :: Press Freedom & Laws Government officials in Thailand are illegally blocking Web sites and using threats and intimidation tactics against webmasters, legal experts and webmasters have announced. The country's controversial Cyber Crime Act, pushed through by the military-appointed government July 19, allows the government to block a Web site only through a court order, said Paiboon Amornpinyokiart, a legal expert. NextRadioTV not interested in La TribuneBy Leah McBride Mensching, Monday 20 August 2007 at 21:27 :: Media Ownership Broadcaster NextRadioTV is one of several to be offered a chance to buy French financial newspaper La Tribune from LVMH Moët Hennessy Louis Vuitton, but is not interested according to the company's CEO. Alain Weill said the newspaper got in touch with his company, “to ask if we wanted to look at the prospectus, which we did.” Dow Jones could pay more to refinanceBy Leah McBride Mensching, Monday 20 August 2007 at 21:26 :: Newspaper Data A worsening credit market is likely to force Dow Jones & Co. to pay more to refinance debt, the company's chief executive, Richard Zannino announced Friday. The company has a “three-year term debt facility to roll over, and with spreads widening we'll likely pay more to refinance it,” Zannino is quoted as saying in an e-mail interview with Reuters. He was responding to questions about the state of deteriorating credit conditions that began in the U.S. subprime mortgage market, Reuters reported. |
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