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Thursday 14 February 2008 Online ad growth slows, but still significant in AustraliaBy Leah McBride Mensching, Thursday 14 February 2008 at 22:22 :: Advertising Growth in Australia's online advertising market continued to slow in 2007, but display advertising surged, The Australian reported Thursday. Advertisers spent AU$1.4 billion online last year, and $31 million more in the fourth quarter compared with the third quarter, according to Internet Advertising Bureau figures. comScore names top global Web propertiesBy Leah McBride Mensching, Thursday 14 February 2008 at 22:08 :: Online/Digital Publishing comScore has released its list of top 20 global Web properties, ranked based on total unique visitors, as of December 2007, and only one newspaper has made the list. The New York Times came in 19th, with 9 percent reach worldwide, and 69,435,000 unique users, comeScore World Metrix data revealed. NY Times will cut 100 newsroom jobsBy Leah McBride Mensching, Thursday 14 February 2008 at 21:52 :: Labor & Employment The New York Times “will bow to growing financial strain” and cut 100 newsroom jobs this year, The Times reported Thursday. The positions will be cut by leaving vacant jobs unfilled, offering buyouts, and through layoffs, if necessary, the paper's executive editor, Bill Keller, told the paper. Belo reports US262.81 million loss in 2007By Leah McBride Mensching, Thursday 14 February 2008 at 21:35 :: Newspaper Data Belo Corp. reported a net loss of US$262.81 million, or $2.57 per diluted share, for 2007, Providence Business News reported Thursday. This is compared to earnings in 2006 of $130.53 million, or $1.26 per share. Hau: Newspapers' and the AP's relationship is changingBy Leah McBride Mensching, Thursday 14 February 2008 at 21:18 :: General The relationship between the Associated Press and member newspapers is changing and being tested like never before. Although AP copy makes up about 40 percent of daily news content in many papers, growing online news is hurting the newspaper industry. “Do newspapers still need The Associated Press? And does The Associated Press still need newspapers?” Louis Hau wrote for Forbes Thursday. U.S. magazines boom online in 2007By Erina Lin, Thursday 14 February 2008 at 20:54 :: Online/Digital Publishing According to the data collected by Nielsen Online and compiled by the Magazine Publishers of America, the top 320 magazine Web sites in the United States had an average of 67.5 million unique visitors per month during the fourth quarter last year, an 8.1 percent growth from the same period in 2006. This increase is even faster than the Internet overall, where the total U.S. online population rose 2.4 percent in 2007. Yahoo explains its Microsoft refusal to stockholdersBy Erina Lin, Thursday 14 February 2008 at 20:51 :: Media Ownership Yahoo Wednesday sent a letter to its shareholders, outlining the reasons why its board believes Microsoft’s offer is not in the best interest of Yahoo stockholders and undervalues the company, PaidContent reported Thursday. The letter came as the company is having talks with News Corp. as an alternative deal. 2000: U.S. newspapers’ tipping pointBy Erina Lin, Thursday 14 February 2008 at 20:45 :: Newspaper Data The year of 2000 was the tipping point for U.S. newspapers - the year growth slowed, and even started to recess, according to the Newspaper Association of America and Kubas. Using figures in 1995 as the index base 100, U.S. GDP, retail sales, and newspaper ad revenue almost grew at the same pace, and reached about 135 in 2000. After 2000, the newspaper advertising revenue index started to lag behind against these of GDP and retail sales. |
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