Although many New Zealanders do not have a broadband connection, those that do are spending much more time online than watching television, a new Cisco survey has found, The New Zealand Herald reported Thursday.

People with high-speed Internet access spend an average of 22 hours a week surfing the Internet, compared with 14 hours watching TV, the Cisco Connected Consumers survey shows.

More

McClatchy Co announced it has bought US$300 million in aggregate principal amount of debt securities, which will help the U.S. newspaper publisher reduce its debt by $17.5 million, Editor & Publisher reported Thursday.

Pat Talamantes, McClatchy CFO, called the oversubscription a “win-win transaction for the company and its bond holders.”

More

Free afternoon daily mX, published by News Corp., is appearing to have mixed readership results over the past couple of years, Newspaper Innovation reported Thursday.

In Sydney, readership fell from 91,000 to 88,000 from April 2006 to March 2007. In Melbourne, mX readership plummeted more, from 147,000 to 131,000.

More

Digital media penetration in the United States will continue rising into 2011 from its 2000 levels, according to research firm MAGNA Global.

In 2000, almost all digital media reached less than 10 percent in the country, except for the mobile phone (about 40 percent) and digital cable/satellite and TelcoTV (about 20 percent).

More