Problems with production at Mutare Board and Paper Mills have caused the Zimpapers to reduce print runs for its newspapers, the publishing group's chief executive announced Tuesday.

Justin Mutasa apologised to readers and advertisers in a statement, and said the group's Harare Branch uses 100 tons of newsprint each week, while its Bulawayo Branch uses 30 tons, All Africa reported Wednesday.

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The Sun-Times Media Group Inc. will suffer a US$8 million financial blow in the fourth quarter for job cuts at its flagship Chicago Sun-Times and other newspapers.

The one-time, pre-tax charge largely comes from severance expenses for those employees, as the publishing group, formerly controlled by Conrad Black, takes measures to reduce annual operating costs by $50 million before June, Editor & Publisher reported Wednesday.

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Yahoo has been losing ground due to its rival Google as well as newcomers like Facebook, which take up more of online users’ time, a major factor eroding the company's financial results.

Yahoo yesterday reported its profit declined again. Jerry Yang, the co-founder and chief executive, acknowledged that the company needed a big shift in strategy. He also warned that there will be "headwinds" this year, The Washington Post reported Wednesday.

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A study by Northwestern University found that teenagers find online news troubling and a reminder of the world's dangers, contrasted by time spent on YouTube, social networking and music downloading sites, which they viewed as a treat.

For the study, "If It Catches My Eye: An Exploration of Online News Experiences of Teenagers," researchers interviewed 65 teens in the Chicago area in 2007. Findings suggests news organisations should cultivate teen audiences by understanding what they are interested in and diminishing their angst, according to a Editor & Publisher report.

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Pearson confirmed Wednesday it will sell its 50 percent stake in Financial Times Deutschland to its joint venture partner Gruner + Jahr, a subsidiary of German media group Bertelsmann.

The transaction is expected to close in the first quarter of this year, and will leave Gruner + Jahr in full control of the German business paper, Media Guardian reported.

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The Australian federal police commissioner's call for a media blackout during all terrorist operations, including ones gone awry, is going too far and has been “howled down,” the Herald Sun has reported Wednesday.

Commissioner Mick Keelty announced in a speech to the Sydney Institute Tuesday that no public comment should be made about investigations of terrorism until they are finalised in court. The Federal Opposition, civil liberties and media groups say Keelty's proposition actually undermines his own efforts to combat terrorism.

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Jagran Prakashan grew its revenues by 29 percent to Rs2 billion (€35 million) in the third quarter of 2007, compared to the same period the year prior.

The Indian publisher, partly owned by Independent News & Media, also grew margins in both circulation and advertising revenue, bringing in a 47 percent increase over 2006, a net profit of Rs259.3 million, the Irish Independent reported Wednesday.

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Wachovia Equities Research anticipates U.S. newspaper advertising revenue will fall 8.2 percent in 2008, not 6.1 percent, as the firm had previously forecast.

The harder fall suggests a “newspaper ad recession,” Editor & Publisher reported Tuesday.

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