Friday 7 September 2007

Financial Times on the rise again

The Financial Times has once again boosted its year-on-year circulation by 2.51 percent, making it the only daily quality paper with a rise in sales.

According to the latest Audit Bureau of Circulations figures, it sold 426,830 copies in August, about a 0.09 percent rise over July’s circulation.

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WSJ reorganises ad sales department

The Wall Street Journal Friday announced it will reorganise its advertising sales department to create the leading marketing and integrated sales team in business media.

Designed to help advertisers better reach the newspaper's worldwide audience of 19 million, the reorganisation is a response to “increasing requests by our advertisers for integrated solutions across all media,” L. Gordon Crovitz, executive vice president of Dow Jones & Co. and publisher of The Wall Street Journal, is quoted as saying by Prime Newswire.

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Zimbabwe newspapers get a boost from ad space rush

Privately owned newspapers in Zimbabwe got a lift from bumper editions reporting financial results that began being released in September instead of July, due to delays caused by unavailability of inflation rates from the first half of the year until June 30.

The rush to publish financial results follows a government cabinet taskforce on pricing, which forced newspapers to cut prices and advertising rates by half at the end of June. The taskforce overlooked independent newspapers in a review allowing state newspapers to hike cover prices by 20 percent and advertising rates by 50 percent at the end of August.

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Telegraph launches video news service

In a departure from video news clips only, the Telegraph has launched a new on-demand video news service that provides a seven minute bulletin of stories that can be viewed as separate clips or all together.

Telegraph News Now features the newspaper's reporters in video content, produced in partnership with ITN, that is updated throughout the day.

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Murdoch could buy Turkish media group

Rupert Murdoch's News Corp. is one of the potential buyers of the second largest media group in Turkey.

Regulators put the assets of Merkez Yayin Holding, which includes Sabah newspaper and ATV Television, up for sale this week at a price of $1.1 billion, seeking to make back losses at a failed bank.

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Paxton Media buys local Indiana paper

The Paxton Media Group has bought The LaPorte County Herald-Argus daily newspaper in LaPorte County, Ind.

This sale from the Small Newspaper Group announced Thursday is expected to be effective October 1. The deal amount has not yet been disclosed.

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