Friday 19 October 2007

BBC.com to launch ads next month

Advertising will appear on the BBC.com Web site beginning next month.

BBC Worldwide will soon be able to bring in revenues from its global audience following approval for the controversial plan from the BBC Trust.

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Newspapers are growing multimedia businesses

The World Editor & Marketeer conference and Expo, organised by the World Association of Newspapers, ended Friday as a celebration of newspapers' future, in print and as a growing multimedia business.

“Newspapers are a growth business, with circulation, free dailies, market share, advertising revenues and newspaper online consumption continuing to grow, as do the number of newspaper titles,” said Eamonn Byrne, business director for the WAN.

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Acquisition rescues Dow Jones Q3 revenues

As it prepares for its expected December acquisition by News Corp., Dow Jones & Co. reported revenues jumped nearly 20 percent in the third quarter to $493 million, thanks to a 50 percent acquisition of Factivia.

Without the acquisition, revenue would have increased only about 1.8 percent, as print advertising continued to decline in the quarter. Excluding a comparison to 2006's high earnings per share due to a major tax gain that year, as well as a charge for costs relating to the upcoming merger, Dow Jones also saw earnings of $23.1 million, or $0.27 per share – that's a 145 percent increase from third quarter 2006, when profit was at $9.4 million and $0.11 per share, paidContent reported Thursday.

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Malta’s first free commuter paper launched

Kif?, the first free independent commuter newspaper on the public transport system in Malta, was launched Wednesday, patronised by the Ministry of Urban Development and Roads, the Malta Transport Authority and the Public Transport Association.

The publication will be issued on the public transport system and readers can pick up a copy every Thursday morning on their commute.

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Village Voice executives arrested in Phoenix

Two Village Voice Media executives were arrested in Phoenix Thursday on charges that a story published earlier that day in The Phoenix New Times, owned by Village Voice, revealed grand jury secrets.

Jim Larkin, chief executive, and Michael Lacey, the executive editor, were arrested at their homes Thursday night because of an article they wrote revealing that the Village Voice Media company, its executives, reporters and names of the readers of its Web site had been subpoenaed by a special prosecutor, the New York Times reported Friday.

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The truth about free newspapers

Free newspapers are a major force in print, particularly in Europe, where two-thirds of the 42 million copies every workday are published.

Piet Bakker, one of the world's leading researchers on the subject, provided an overview of the free newspaper phenomenon and their impact on newspaper markets at the World Editor & Marketeer conference in Amsterdam.

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