Date

Sun - 20.04.2014


July 2008

Al-jazirah is the first Saudi newspaper to release its sales and subscription figures to the public, reporting circulation at 131,000 copies each day, AME Info reported Wednesday.

“The announcement of our distribution and subscription figures is a brave decision that we dared to take in order to help readers and advertisers discover the reality about Al-jazirah level of readership and circulation among other newspapers,” said Shaikh Mutlaq Al Mutlaq, chairman of the newspaper's board.

Shaikh Mutlaq also said he hopes the newspaper's move to make its figures public will lead the country's Culture and Information ministry “to establish an independent authority for verifying the range of spreading of Saudi newspapers, which would be represented in the Audit Bureau of Circulation,” AME Info reported.

Author

Leah McBride Mensching

Date

2008-07-10 07:55

Publishers in Boston could lose thousands of dollars a year if the city's mayor's proposal to limit news boxes on city property and charge newspapers fees for the news boxes is realised, the Boston Herald reported Wednesday.

Mayor Thomas M. Menino is proposing that each publisher may have no more than 300 news boxes on city property, as well as charge a yearly US$300 application fee and an additional $25 for each news box.

Boston publishers currently pay a one-time $150 fee, and no additional charge for the news boxes. Currently, the Boston Herald has 176 news boxes, the Boston Globe has 294 and the Weekly Dig has 274, the Herald reported. This means a publisher with 300 newspaper vending machines would go from paying nothing, to paying no less than $7,800 a year.

The proposal also would not allow a publisher to place two boxes containing the same publication within 150 feet (nearly 46 meters) of one another, and would also not allow more than five boxes in one location.

Menino's spokeswoman, Dot Joyce told the Herald that the city as well as the newspaper are facing tough economic times. “To be fair and to make sure it's equitable to everybody, the taxpayer and the business owners, we feel a cost that's in line with other cities of similar size is appropriate,” Joyce said.

Author

Leah McBride Mensching

Date

2008-07-10 07:21

Online video and social media ad revenue gains are slowing, while search is still on top, according to Magna Global, paidContent reported Tuesday.

Meanwhile, digital media growth through 2009 will continue to expand, Magna reports, with the group's director of Industry Analysis pointing out in his Emerging Media Forecast that “traditional media never died.”

Brian Weiser also stated in the forecast that although traditional media continues to thrive, he expects social media to grow 37.4 percent to US$1.474 billion, a stark difference between growth from 2006 to 2007, when the sector grew 141.7 percent.

Also, despite its status as having the fastest growth in all emerging media, online video, which is seeing a 45 percent growth to $805 million in 2009, is beginning to see a slowing of growth, Weiser predicts. Online video grew 67.4 percent in 2007, and in 2008 it is expected to grow 54.2 percent.

Search, however, will continue its climb, with its growth slowing slightly, at 24 percent to $13.8 billion, compared with 2008's expected 26.5 percent gain from last year, paidContent reported.

Author

Leah McBride Mensching

Date

2008-07-10 07:03

Business Wire, one of the key distributors of press releases and other announcements in the United States, launched LatinoWire on Wednesday, Editor & Publisher reported.

The new service was launched in a joint venture with ImpreMedia, the largest publisher of Spanish-language newspapers in the country, according to Business Wire.

LatinoWire, which will lean on its access to the ImpreMedia Digital platform, will be available in over 1,200 Hispanic print and multimedia outlets nationwide.

The Spanish-language content and English multimedia assets provided by Business Wire will be carried on impre.com, where readers can also access a digital network of ImpreMedia's publications, E&P reported.

Impre.com has about two million unique visitors per month, and 7.2 million monthly page views.

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Author

Erina Lin

Date

2008-07-10 06:37

The San Francisco-based Social Media Club announced Wednesday that 42 industry leaders will form an interim board of directors, MarketWatch reported.

The new media and advocacy organisation aims to promote “media literacy; support of industry standards efforts such as Creative Commons licensing, Microformats, Data Portability and OpenID; discussion and promotion of ethical behaviour; and sharing our knowledge among our members and the industry community at large,” said Chris Heuer, founder of the SMC and partner at the Conversation Group.

The interim board will aim to chart several important “organisational and strategic deliverables, including development of membership goals, acceleration of local chapter development, increase in adoption of industry standards and implementation of a new legal structure to enhance future growth,” according to the Business Wire report, posted by MarketWatch.

The SMC has almost 200 paying members and more than 500 open members, with corporate members including Business Wire and SHIFT Communications, SMC President and Co-Founder Kristie Wells told Business Wire.

The board will also look to further research, as well as strengthen relationships with organisations in related fields, such as the Society for New Communications Research, Business Wire reported.

Author

Leah McBride Mensching

Date

2008-07-10 06:34

Google Inc. is hitting a wall when it comes to selling advertising on YouTube, as corporate advertisers aren't keen to give the video-sharing site the ad revenue boost Google had hoped for, The Wall Street Journal reported Wednesday.

Although YouTube's users view videos more than a billion times almost each day, the site's global ad revenue is expected to be at about US$200 million for 2008, the newspaper reported, citing “two people familiar with the matter.”

Google bought YouTube in 2006 for more than $1.7 billion, when the site's revenue was at just $15 million, and had hoped the site would grow ad revenue, attracting traditional television advertisers, along with others. However, ad revenue growth has not been as quick as the online giant had hoped, and Google is looking to sell more video and display advertising on YouTube, as well as getting into TV, newspaper and radio advertising markets. “Its target: the 90 percent of global ad dollars that don't currently flow to the Internet,” The Wall Street Journal reported.

Moreover, nervous about alienating its massive audience, YouTube has even shied away from the briefest of pre-rolls, paidContent reported. Last year it launched overlay ads, which had not been widely implemented.

According to the The Wall Street Journal, YouTube now will adopt pre- and post-rolls.

Author

Erina Lin

Date

2008-07-10 06:15

News Corp. is looking to venture into Japan's 600.3 billion yen (US$5.6 billion) online ad market in September, hoping to act as a middle man by acquiring ad space, finding the marketers to fill it and distributing the ads, the Evening Standard reported Tuesday.

A Japanese report said the firm has already established an online operation in its Japanese business and might try to acquire online Japanese ad agencies.

Rupert Murdoch's News Corp. is trying to increase its international online ad revenue to $500 million per year over five years, the according to Evening Standard article, posted by ThisIsMoney.co.uk.

Author

Alisa Zykova

Date

2008-07-10 04:04

The Investment Bank Ozone Capital Advisors Pvt LTD is working with Indian media companies in an interesting advertising/investment scheme, the Wall Street Journal's liveMint.com reported Tuesday.

The bank's media unit, dubbed the Morpheus Media Fund (MMF), is to combine advertising space across Indian media houses, in turn reserving the space for promising start-up companies that don't have the money to buy ad space on their own.

The media companies that reserve ad space then become limited partners in MMF. They benefit with the success of the start-ups that advertise with them, liveMint reported.

The fund is seen as innovative way to approach media advertising since start-up companies aren't always able to buy advertising. In turn, the media firms become limited partners of the MMF, acquiring some of its units.

As in any deal, there are a number of problems, such as bias issues regarding mention of the start-ups or “lack of disclosure” about the financial relationship between the media firms and the start-ups. However, Mint reported that the deal possibly wouldn't alter the credibility of the media firms.

liveMint reported that the MMF hopes to raise around US$300 million in advertising space from 15 media organisations, including broadcast, radio and print. MMF expects to buy a 2 to 20 percent stake in ad space worth $2million to $20 million.

Author

Alisa Zykova

Date

2008-07-10 03:47

Following the company's June downgrade by Standard & Poor's from B minus to CCC, MediaNews Group (MNG) CEO Dean Singleton sent a memo last week reassuring staff about the company's future, The Paper Trail blog reported.

MNG's major investor Hearst continues to support the company. Singleton mentioned that MNG would soon announce a future transaction with Hearst.

Strategies like the joint Kaangoo and PS investment or the Yahoo! consortium are in progress, Singleton declared.

“MediaNews doesn't believe cost cutting is a long term strategy. However, we recognise that there is a structural change in our business, and we must align our cost structure accordingly,” Singleton stated in his memo. “Individual newspapers can only cut costs so far without impacting the perceived value to advertisers and readers.”

Singleton pointed out that the company is in agreement with its bank deal and is trying to diminish its total debt.

He criticised rating agencies like S&P for not being fast enough to revise ratings, and said that they “have now gone to an extreme and are being overly conservative with their ratings.”

Editor & Publisher reported the ratings downgrade in an article June 20.

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Author

Alisa Zykova

Date

2008-07-10 03:28

News International is set to make large-scale cuts after its two sales divisions merged into one. A trade source said up to 100 jobs could be axed, Media Guardian reported.

This re-organisation will have Times Media Group's ad sales teams merge with their colleagues at News Group Newspapers.

The new ad sales structure will be effective from September, and could cause 100 out of 450 positions go, according to MediaWeek.

News International refused to comment on the cuts.

However, James Murdoch, the chairman and chief executive of News Corporation Europe and Asia, who started heading News International since December, once stated that "some redundancies" will occur.

Two senior ad sales executives, Mike Gordon, the deputy managing director of News Group Newspapers, as well as Mark Chippendale, the News Group media director, have already left the company prior to the news of possible job cuts, Media Guardian reported.

Tags

Author

Erina Lin

Date

2008-07-09 04:28

In light of the falling market value of U.S. newspaper publishers and the decrease in investors interest, ranks of newspaper stock analysts seem to have diminished in number, Reuters reported.

In 2006, over two-dozen analysts were available, whereas today it is barely half of that. Firms like Prudential, Citigroup, Morgan Stanley and UBS trimmed the number of employed analysts, as large research departments become more expensive to upkeep and financial market revenue plunged.

"The fewer analysts you have, the less information that's distributed, the less appearance there is in the minds of institutional investors and so it diminishes the industry as a whole," John Morton, a newspaper analyst who operates his own research firm, said.

If the ranks are not refilled, then “decades of intelligence and critical thinking” may be lost, according to Reuters.

“Analysts help investors go beyond the general perception and provide deeper reports on factors affecting individual companies,” Reuters reported.

Tags

Author

Alisa Zykova

Date

2008-07-09 02:07

A U.S. judge has ordered Google to reveal the video-viewing habits of YouTube users to Viacom, a decision condemned by the online company and privacy advocates, Agence France-Presse reported.

Louis Stanton, U.S. District Court Judge, backed Viacom's request for data on which YouTube users watch which videos on the site, in order to support its case in a copyright lawsuit against Google.

Viacom sues Google, which acquired YouTube in 2006, acts as a willing accomplice to online users who upload clips of Viacom's copyrighted television programs on the video-sharing website, according to the AFP article posted on Google.

"We are disappointed the court granted Viacom's overreaching demand for viewing history," Google senior litigation counsel Catherine Lacavera said to AFP in an email Thursday.

Brushing aside privacy concerns on Tuesday, Stanton said that Viacom would need more than pseudonyms and IP numbers to identify individual YouTube users.

Meanwhile, Kurt Opsahl, Electronic Frontier Foundation attorney, said the court's ruling is a significant reversal to privacy rights, AFP reported.

"The court's erroneous ruling is a set-back to privacy rights and will allow Viacom to see what you are watching on YouTube. We urge Viacom to back off this overbroad request and Google to take all steps necessary to challenge this order and protect the rights of its users," Opsahl added.

Author

Erina Lin

Date

2008-07-09 02:03

Even in a mobile-advanced country such as Japan, where everyone has a speedy multimedia handsets, many marketers are still not ready to use mobile campaigns, eMarketer reported.

According to a study conducted by the Nikkei Advertising Research Institute (NARI) in June 2008, nearly 62 percent of responding marketers in Japan said they were not interested in using mobile ads.

The study also found that picture, banner ads and mobile e-mail ads are three formats respondents had most interests in.

According to the research firm eMarketer, the NARI survey 2008 echoed findings from the 2007 survey. Among all the companies surveyed last year that advertised on mobile, about 75 percent said they sent picture ads, six out of 10 sent text ads, and four out of 10 sent mobile e-mail ads this year.

The main reason for marketers to focus on simple ad formats is that most mobile marketers are using the platform for direct response, eMarketer reported. Integrated campaigns involving mobile are still in the infancy.

"This is not a result of reluctance on the part of brands and their agencies to inject more brand-oriented messaging into mobile advertising. It is a direct result of the simple fact that mobile media in Japan seem more effective for sales promotion and direct response right now," according to John du Pre Gauntt, senior analyst at eMarketer.

Author

Erina Lin

Date

2008-07-09 00:02

Telstra and Apple will together make the iPhone 3G available to Telstra's Australian customers on July 11, Digital Media Asia reported.

All plans will require customers to sign a 24 month contract, and will include free Wi-Fi access in Telstra hotspots.

The iPhone 3G will be available with plans starting at AU$30 per month. The 8GB model will cost $279, and the 16GB phone will be $399, Digital Media Asia reported.

Th iPhone 3G is twice as fast as the first generation iPhone, and also has a built-in GPS.

Author

Leah McBride Mensching

Date

2008-07-08 23:28

About 10 percent of the Milwaukee Journal Sentinel's 1,300 full-time workers will be laid off by the newspaper's publisher, Journal Sentinel Inc., the Associated Press reported Wednesday.

The 130 job cuts are due to a downturn in ad sales, and will be made by the end of the year.

Journal Sentinel's shares were at a 52-week low of US$4.39 Wednesday, but have been as high as $13.53 in the same time period, the AP reported in an article posted by the Minneapolis Star Tribune.

Employees will be given the option of leaving voluntarily, and will receive health care benefits and severance pay, the AP reported.

“Our advertising customers — especially car dealers, real estate agents, hiring officials, retailers and financial institutions — have been battered by a perfect storm of deteriorating credit conditions, slowing home sales, contracting company size and higher gas prices,” said Elizabeth Brenner, president and chief operating officer of publishing at Journal Communications, according to the AP.

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Author

Leah McBride Mensching

Date

2008-07-08 23:27

Free weekly Tiempo Uruguayo (TU) in Uruguay recently closed down, according to Newspaper Innovation.

TU, launched in December 2005, last year had switched to a biweekly schedule and planned to go daily later.

However, due to weakening advertising revenues, the owners decided to shut down the title after two-year losses.

According to Newspaper Innovation, five employees of the paper will be cut.

The 20-page afternoon paper was distributed in universities, bus terminals, shopping centers, ports and airports across the country, Newspaper Innovation reported.

Tags

Author

Erina Lin

Date

2008-07-08 05:54

Mobile gaming revenues would reach $6.3 billion worldwide in 2011, up from $4.5 billion in 2008, according to the June 2008 data released by Gartner.

Gartner also said that these revenues were promising in regions with low PC and game console penetration, as well as among both low- and high-income users, eMarketer reported.

Asia-Pacific will still be the largest market for mobile games, with revenues up from $2.3 billion in 2008 and over $3.4 billion by 2011. In North American, the market is expected to reach $1.2 billion in 2011, up from $845 million in 2008, eMarketer reported.

Gartner's new global projection for 2011 is about half lower than what it announced last year, mostly due to ongoing economic concerns.

Estimates by other companies are similar. Understanding & Solutions predicts mobile games would bring in $6 billion revenues in 2011, up from $3.6 billion in 2007, and Juniper Research projects mobile gaming revenues would reach $16 billion in 2012, eMarketer reported.

Author

Erina Lin

Date

2008-07-08 03:45

Lehman Brothers Monday downgraded shares of News Corp. to "Equal Weight" from "Overweight", according to the Associated Press.

In a note to investors, analyst Anthony DiClemente reduced his price target from $26 per share to $15 per share. He pointed out two main causes for concern: threats from digital content distribution as well as the company's exposure to the newspaper business.

According to DiClemente, the surge of digital distribution of film and TV content challenges the company's 20th Century Fox movie and TV segment - a threat just like what the music industry faced earlier in the decade, the AP reported.

Meanwhile, News Corp.'s heavy exposure to newspapers is a liability. DiClemente estimates it accounts for 20 percent of 2009 revenues, mostly caused by shrinking circulation and plummeting ad revenue in the industry.

Moreover, investors still have concerns that the company may use its strong balance sheet to make stock-dilutive acquisitions, according to DiClemente in the note.

Shares of News Corp. on Friday rose 12 cents to close at $14.76, according to the AP.

Tags

Author

Erina Lin

Date

2008-07-08 03:21

Rupert Murdoch's News Corporation will not sell community newspapers it obtained as part of its Dow Jones & Co. buyout in December last year, the Associated Press reported.

The Ottaway group newspapers, which News Corp. has previously slated for sale, include Oregon's Medford Mail Tribune and the Times Herald-Record in New York. Several of the newspapers posted stories online Tuesday stating the sale out not take place after all.

News Corp. bought the Wall Street Journal publisher for US$5 billion, and before the deal closed, the company stated it would consider selling the regional newspaper group, which operates eight daily newspapers and 15 weeklies, according to the AP. The newspapers are spread across seven states.

Newspaper company valuations have dropped since the takeover, but News Corp. did not give a reason for deciding to not sell. A News Corp. spokesperson referred the AP to Dow Jones, which declined to comment, the AP reported.

Tags

Author

Leah McBride Mensching

Date

2008-07-08 01:39

De Pers will partner with the TNT Post for distribution in the 100 largest postal Business Points across the Netherlands, Newspaper Innovation reported Wednesday.

The free daily and the TNT Post said they are also looking for other ways to partner.

Business Points are used by mail box owners to receive their mail, and they are allowed to also take up to 10 copies of De Pers, according to Newspaper Innovation.

The new partnership's distribution method is a step by De Pers to top the competing four national free dailies in the Netherlands, which distribute more than 1.8 million copies a day combined, Newspaper Innovation reported.

Author

Leah McBride Mensching

Date

2008-07-08 01:14

The Swedish government intends to eradicate the press advertising tax amidst claims that it is “unfair” and “ideologically wrong”, reported the European Journalism Centre last Monday.

"Advertising is part of a company's marketing, which is a central and healthy part of a market economy - nothing that should be subject to penal taxes," said Culture Minister Lena Adelsohn Liljeroth.

The Swedish Newspaper Publisher's Association claimed that it was inequitable that press advertising is taxed while other media like the Internet, TV and radio are not, according to the European Journalism Centre.

Tags

Author

Alisa Zykova

Date

2008-07-04 03:29

Over one year after being launched, French online-only news site Rue89 increased its capital by acquiring new investors, such as Verdoso Media and Hi-Media.

This venture may allow Rue89 to evolve and to proceed with its status as an independent news agency, according to the company's press release.

Rue89 was created by former leftist publication Libération staff, offering a combination of professional and amateur content, with an emphasis on images, video and reader participation. The site was created as a result of the economic slump of the French daily press and the increasing gap between journalists and readers.

Rue89 currently has over 600,000 pageviews per month, which may give it the status as one of the most frequented sites in France.

The investment deal was finalised last Tuesday, raising €1.1 million euros for the independent media company. Rue89 said that the money would be used to build the site and to give it a position in the media landscape, as it still remains a “work in progress.”

The investors include:

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Author

Alisa Zykova

Date

2008-07-04 03:25

Text-messaging is the most important feature U.S. mobile users are looking for while buying a new handset, according to a new study conducted by Amplitude Research on behalf of Access Systems Americas, Media Post reported Thursday.

About three quarters of mobile phone subscribers surveyed said text-messaging is the most critical among other 18 mobile features. Mobile camera was ranked on the second with 67 percent, followed by e-mail (63 percent) and online access (61 percent).

Mobile video and music were chosen by about one-third of the respondents, according to Media Post.

According to the survey, nearly 40 percent said they have added new applications to their phones, while 21 percent have even got six or more applications. About 40 percent track stocks, get alerts about traffic, weather and news on their mobile, 30 percent do mobile banking, and 16 percent make credit card or mortgage payments via mobile, Media Post reported.

Author

Erina Lin

Date

2008-07-04 03:17

The Los Angeles Times Wednesday announced its plan to cut 250 jobs across the company, including 150 editorial positions, or 17 percent of newsroom jobs. According to the newspaper's Web site, the move is "a new effort to bring expenses into line with declining revenue. In a further cost-cutting step, the paper will reduce the number of pages it publishes each week by 15 percent," Editor and Publisher reported.

"You all know the paradox we find ourselves in. Thanks to the Internet, we have more readers for our great journalism than at any time in our history. But also thanks to the Internet, our advertisers have more choices, and we have less money," according to Times Editor Russ Stanton in a memo to the staff.

"The cuts reflect conditions across the newspaper industry, which is confronting sharply deteriorating print advertising revenues," Stanton added in the memo. "Although online ad revenues are rising, they have not made up for the losses. Amid the current nationwide economic slowdown, the prospects are for continued revenue shrinkage through the end of this year."

David Hiller, Times Publisher, told L.A. Times the goal of the cuts, which was to "get to where we need to be for the long term. We want to get ahead of the economy that's been rolling down on us and get to a size that will be sustainable."

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Author

Erina Lin

Date

2008-07-04 02:49


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