Monday 18 February 2008

Montenegrin government to privatise state-run daily

The Montenegrin government will offer only 51 percent of its shares in Pobjeda, the oldest state-run daily in Montenegro, in a bid to take the newspaper private.

Offering only 51 percent will allow the government to retain power over decisions about content, design and production, The Montenegro Times reported Monday.

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Business Standard launches Hindi business title

The Business Standard has launched a Hindi business daily, which hit newsstands Friday.

The new paper, named after the Business Standard, will be published in New Delhi and Mumbai, and more editions are expected to be announced in the next few months, agencyfaqs! reported Monday.

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Gannett moving in on student newspaper territory?

The Rocky Mountain Collegian of Colorado State University is in jeopardy of being taken over by Gannett Co., Inc., a move the university paper and its staff fears would quash its status as an independent student newspaper, The New York Times reported Monday.

J. David McSwane, the paper's editor, learned early in January that the university's president was meeting with representatives from the city's daily, The Fort Collins Coloradoan, owned by Gannett, to discuss a possible “partnership” between the local paper and the student paper.

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TMG buys Nobiles Media and 2 joint ventures

Telegraaf Media Groep N.V. has bought communications firm Nobiles Media BV and 100 percent of both of its joint ventures, Smart Events B.V. and Info Pinnacle B.V., Thomson Financial reported Monday.

Financial terms of the deal, effective Saturday, were not disclosed. Nobiles Media had previously held a 50 percent in Info Pinnacle and Smart Events.

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Newspaper jobs cuts continue to plague U.S. media market

Media employment levels were "slammed by the slumping newspaper industry,” falling to a 15-year low of 886,900 in December in the United States, AdAge.com reported Monday.

“Since media employment peaked in dot-com-infused 2000, media companies have eliminated one in six jobs (167,600),” according to AdAge.

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Yahoo relaunches video services with new features

Yahoo Videos has been relaunched with new features, including a larger media player, in order to increase users’ engagement with the site, Media Post reported.

In addition to the new wide-screen player, the site now aggregates video from all of Yahoo’s other sections. It also provides upgraded tools for playing, sharing and organising videos. For example, users can upload bigger files up to 150 megabytes, which can accommodate longer and higher-quality videos.

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Kunming Daily publishes government directory

The Kunming Daily, in China's southwestern province of Yunnan, published local government officials' contact information, with government permission.

The information appeared Saturday in a four-page special section, and included telephone numbers, positions and responsibilities of local government officials, as well as leading officials of the municipal Communist Party committee, Xinhua reported Monday.

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