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Monday 25 February 2008 India's print industry wants duties, taxes hurting newspapers to goBy Leah McBride Mensching, Monday 25 February 2008 at 22:56 :: Taxes The print industry in India is preparing a list of demands for the Finance Minister, to be delivered before the Union Budget 2008-09 is presented. The list will demand the removal of the Fringe Benefit Tax (FBT), and lower taxes on the buying and selling of newsprint, among others, exchange4media reported Monday. Edmonds: Newspaper Next means newspapers need to be 'indispensable'By Leah McBride Mensching, Monday 25 February 2008 at 22:43 :: Training & Education The American Press Institute's latest project, Newspaper Next 2.0, means newspaper companies “will have to venture farther afield and become the indispensable guide to everything that anyone in their local community needs to know to live there,” The Poynter Institute's media analyst Rick Edmonds stated Monday. The report, a sequel to the original 2006 Newspaper Next report, was published online last week, and states that despite the problems plaguing the news industry, from circulation declines to online revenues that can't make up for them, newspapers can survive, and even see “dizzying growth rates” j – but not without dramatic changes in the way they think, the strategies they adopt and the innovation processes they use.” MCM: Freesheets having no impact on paid sales in IrelandBy Leah McBride Mensching, Monday 25 February 2008 at 21:59 :: Circulaton & Distribution Sales of traditional paid newspapers in Ireland are not being impacted by freesheets, Paul McCabe, head of media buying agency MCM told the Sunday Business Post. McCabe's opinion is based on the Audit Bureau of Circulations data for July to December 2007, which showed only marginal changes for newspapers in the country. eMarketer: Convergence between TV, Internet on the wayBy Leah McBride Mensching, Monday 25 February 2008 at 21:48 :: World Digital Media Trends As television audiences become increasingly fragmented, traditional TV players are reaching out to online audiences, eMarketer reported Monday. “It hasn’t happened yet, but full-blown convergence between television and the Internet is on the way,” the company's latest report states. Deutsche Bank cuts NYT’s rating from 'Hold' to 'Sell'By Erina Lin, Monday 25 February 2008 at 21:35 :: Newspaper Data Deutsche Bank cut its rating on shares of The New York Times Co. Monday, as the industry continues to battle soft U.S. advertising trends, the Associated Press reported. Deutsche Bank's Paul Ginocchio cut his rating on the company from "Hold" to "Sell," and lowered his price target to US$15 from $17. Challenges in the new media era: First, newspapers; Now, TV?By Erina Lin, Monday 25 February 2008 at 21:31 :: World Digital Media Trends Could television be the next industry run over by the Internet? An article on Wall Street Journal pointed out the possibility - Online video has been a hit. In December alone, Americans watched more than 300 million videos on YouTube, and spent 34 percent more time watching it compared to the same period in 2006. Although it has not been entirely at the expense of television viewing, the growth still comes as a shock to network executives. What’s more, Google's new plans to squeeze money out of online video advertising could also cause broadcasters a lot of pain. WAN to host first Newspaper Next event outside North AmericaBy Leah McBride Mensching, Monday 25 February 2008 at 20:00 :: Training & Education Following the American Press Institute's release of its report Newspaper Next 2.0: Making the Leap Beyond 'Newspaper Companies,' the World Association of Newspapers will host the first-ever Newspaper Next event outside North America at the end of its UK Study Tour 2008. Newspaper Next's Managing Director, Steve Gray from the American Press Institute, will present a day-long strategy session during the study tour's seminar in London at news agency Reuters. |
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