Tuesday 25 March 2008

DBR Media folds

Florida-based syndicate DBR Media closed operations last week after eight years, Editor & Publisher reported Tuesday.

DBR had more than 400, mostly weekly, newspaper clients who could no longer pay for the syndicate, DBR Vice President of Editorial Operations Diane Eckert told E&P.

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English media own biggest print space in India's advertisement pie

English-language media, which accounts for only 15 percent of the total Indian newspaper market and has at least seven times less readership than Hindi-language media, claims the biggest share of total print ad space, according to a study conducted by local brokerage firm Motilal Oswal.

According to the study, this can be attributed to much higher ad rates in the English media, which usually came from the perception that the purchasing power of the niche readership of English newspapers is much higher than that of Hindi readers.

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Irish Times takes controlling stake in Gazette Group

The Irish Times has increased its stake in the Gazette Group from 43.8 percent to more than 50 percent, to become the controlling stakeholder, the Sunday Business Post reported Sunday.

The Gazette Group, which publishes eight newspapers in the area surrounding Dublin, and the Irish Times are awaiting final clearance on the deal from Ireland's Competition Authority. The actual stake is in Relevance Publishing, a holding company behind Gazette's newspaper group.

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India to be second largest in mobile subscribers in April

India has passed the 250 million mark and reached 258.53 million mobile subscribers in February, and in the first half of April 2008, the country will outpace the United States and become the second largest wireless network after China, the Times of India reported Tuesday.

According to telecom regulator Trai, 8.49 million telephone connections were added during February. Meanwhile, landline connections went down from 8.74 million connections in the previous month.

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Swiss free newspaper readership up

Free daily newspapers are continuing to win over new readers at the cost of the traditional press in Switzerland, according to the latest market share figures, SwissInfo reported Tuesday.

From September 2006 to September 2007, 20 Minuten, the German-language free sheet, had 1.24 million readers and was the most read newspaper in Switzerland, according to circulation figures from media research institute WEMF.

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QuadrantOne signs on 26 more newspapers

New online ad network QuadrantOne has signed on 26 more papers from The Newspaper Consortium, BizReport reported Tuesday.

Launched by newspaper publishers the New York Times Company, Hearst, Gannett Company Inc. and Tribune Co. QuadrantOne has only been around for a few weeks, but has quickly gained ground in the market.

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