The Yahoo consortium could give newspapers a boost into positive revenue territory a year earlier than originally expected, Deutsche Bank analyst Paul Ginocchio and his team, David Clark and Matt Chesler, estimate.

Since seven newspaper companies announced an alliance with Yahoo in November 2006, another 17 companies and about 400 newspapers have joined, all of which could see online revenues grow year-on-year by 20 points in the second half of 2008, from 20 percent to 40 percent, the analysts reported, according to Editor & Publisher.

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The Guardian's union chapel voted almost unanimously Thursday to initiate a formal dispute procedure with management over pay and conditions, the Guardian reported.

About 180 of the Guardian's union chapel voted for the motion, no one voted against it and there were a few abstentions. The vote authorised the National Union of Journalists' Chapel to prepare for a strike ballot, as well as organise a meeting between NUJ national officials and Guardian management and hold a meeting with Acas, an employment dispute prevention organisation.

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The Daily Mail and General Trust Plc Thursday announced it is seeing rising advertising revenues so far this year, and it expects end-of-the-year results to meet financial forecasts.

DMGT, which publishes the London Evening Standard, Daily Mail and the Northcliffe regional newspaper group, made public in a trading update Thursday that its total advertising revenues in the six months through the end of August rose 8 percent from the same period last year.

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The debate over whether an EU regulatory body for European telecom markets should be created is heating up.

In a joint letter to the EU commission, economic ministry representatives from Germany, France, England, Spain and Sweden, as well as a state ministry representative of Luxembourg, announced their opposition to such a European super authority, stating there is no need for “institutional reform,” according to Heise Online.

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The global video game market is expected to grow from $33 billion in 2006 to $47 billion in 2009, according to DFC Intelligence.

The newest generation of video game consoles is the driver to this growth. Based on sales so far, DFC said it had raised its forecast for the Nintendo Wii and the Sony PlayStation 3 and lowered the forecast for Microsoft's Xbox 360.

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Nielsen//NetRatings is advancing in its full audit by the Media Rating Council, which is currently reviewing the patented Nielsen//NetRatings desktop meter and data transmittal processes, the media and market research group announced Wednesday.

“Nielsen//NetRatings has always been committed to measurement quality and transparency, and we welcome the opportunity to have our methodology and patented technologies validated by a respected third party like the MRC,” Manish Bhatia, president of global services and U.S. sales for Nielsen Online stated in a press release.

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