Friday 4 April 2008

Express staffers stage first in series of strikes

Express Newspaper journalists began their first in a series of three 24-hour strikes protesting the 3 percent pay offer made by the company, BBC News reported Friday.

UK-based Express Newspapers' offer of 3 percent was “well below the 4.3 percent awarded to the company's printers as part of a three-year deal,” the newspaper's union stated.

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Local TV news still top U.S. news source, but declining

Local TV news, the U.S. dominant news medium in the early 1990s, has continued to remain on the top, according to the 2006 Biennial News Consumption Survey by Pew.

In the early 1990s, when there weren't as many sources as today, nearly 80 percent of Americans regularly got their news from local TV, while about 60 percent consumed news from newspapers and nightly network news, while about 45 percent got their news from radio.

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Independent CEO buys 1 million shares

Independent News & Media Plc. Chief Executive Anthony O’Reilly has raised his stake in the company to about 27.10 percent of the company, by buying 1 million shares at 2.12 euros, Thomson Financial reported Thursday.

He now holds 225.19 million shares.

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MySpace announces online music venture

MySpace Thursday announced its launch of an online music service, as part of a joint venture with three of the largest recording companies.

This service allows users to listen to music and watch videos for free and purchase music downloads from the site directly, according to the Associated Press.

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Murdoch: Technology drives vast changes in media

Media tycoon Rupert Murdoch warned that “technology will continue to destroy all of the old ways and old assumptions, especially in the media”, during his speech in Georgetown University.

“We have one certainty – we can never be sure where the industry will end up. It is true that technology is changing accepted ways of doing business. It’s making us work harder for our customers,” Murdoch added in his address about the changing face of media.

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UK weeklies may close

The future of two weekly newspapers in southeast England is uncertain after the Kent Messenger Group exposed plans to close the titles, HoldtheFrontPage reported Friday.

A 30-day consultation process between staff of the free Bromley Extra and Bexley Extra and management is under way, in order to determine the possible future of the titles.

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