The Newspaper Association of America, which represents U.S. newspaper publishers, has called off its annual Mid-Year Media Review, a presentation for financial analysts, due to low attendance numbers, Reuters reported Wednesday.

The conference usually takes place in June, but as investors become less interested in the newspaper sector, many publicly traded newspaper owners are opting for the Deutsche Bank Media & Telecommunications Conference in New York, June 9 and 10.

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One of the Netherlands' wealthiest people and owner of the free daily De Pers, Marcel Boekhoorn, bought a five percent stake in Telegraaf Media Group (TMG), Newspaper Innovation reported Wednesday.

TMG publishes De Telegraaf, local newspapers, free daily Spits and free local weekly papers. The group also publishes magazines and has a large stake in Sky Radio in the Netherlands.

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The online gaming market in Asia Pacific region is expected to bring in US$21.1 billion in 2013, according to a new report by In-Stat, "Online Gaming in Asia: Strong Potential for Growth".

According to the study, increased household Internet penetration and new content for online games are two of the key drivers.

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Hollinger Inc. will no longer have control of the Sun-Times Media Group (STMG), after a Canadian court approved a deal allowing the two to go their separate ways, Editor & Publisher reported Tuesday.

Ontario Superior Court Judge Colin Campbell on Monday passed the settlement agreement that states all the litigation and disputes between STMG, Hollinger Inc. and Hollinger's largest secured creditor, Toronto firm Davidson Kempner Capital Management LLC are resolved.

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