2005-2014

15 February 2007

Newspapers can profit by spending more on newsrooms, says study

US newspapers that spend more money on their newsrooms will be able to make more money, according to a study released Wednesday, which also questioned the wisdom of the media industry's trend of cutting jobs to save costs. A woman exits the New York Times building in Manhattan in 2006. The Internet is causing something of an earthquake in the US media industry, which last year reported a nearly...

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15 February 2007

Dennis set to sell off Maxim and majority of US titles

LONDON - Dennis Publishing is to sell off Maxim around the world, including the UK, as part of a divestment strategy being studied by its US arm. The sale includes every US title apart from The Week. Dennis Publishing Inc has appointed investment bank Allen & Company to explore options "including a possible sale of the company". However, a spokesman said the US version of The Week would not be up...

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15 February 2007

Men's market plummets 14.4%

The men's magazine market has crashed, with even the once-buoyant weekly lads' magazine's suffering, according to the Audit Bureau of Circulations figures for July to December. The sector sold 14.4% fewer magazines year on year, selling a combined average of 1,978,166 copies each issue. To the six months to the end of December 2005 it was selling 2,310,423. Emap's upmarket men's magazine Arena had...

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15 February 2007

Billionaire Icahn Sells $880 Mln Time Warner Shares

Feb. 15 (Bloomberg) -- Billionaire Carl Icahn, taking advantage of a rise in share price he helped cause, sold Time Warner Inc. stock worth about $880 million in the fourth quarter. Funds owned by Icahn reduced their holdings in the New York-based company to 25 million shares from about 69 million during the period, according to filings with the U.S. Securities and Exchange Commission. SAC Capital...

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15 February 2007

Aussie journalist refuses to apologise for book on Japan princess

Australian journalist Ben Hills has refused to apologise after finding himself at the centre of an international diplomatic row with Japan over a book he wrote about Crown Princess Masako, according to news reports. On Monday, diplomats from the Japanese Embassy in Canberra delivered a letter to Hills and his publisher Random House Australia, protesting "defamatory" references in his latest book...

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15 February 2007

Old v new may cost billions

IBM has warned of a looming crisis with old and new media on a collision course over how and where content such as TV, news and user-created will be carried, and says billions of dollars in revenue are at risk. The report, to be released later today in New York, warns that the conflict between traditional and new media is seeing the emergence of a media divide that could erase hundreds of billions...

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15 February 2007

Settlement makes urban journalism programs 'race blind'

Race will not be used as a criterion for enrollment in more than two dozen urban journalism programs nationwide under settlement of a lawsuit filed for a white high school student from Virginia who was rejected. Dow Jones Newspaper Fund, which sponsors the programs, and other principals agreed to the settlement in return for the legal challenge being withdrawn by the Center for Individual Rights...

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14 February 2007

Andhra police in dark over motive in murder of TV journalist

HYDERABAD — The Andhra police have stepped up their efforts to resolve the mystery of the grisly murder of Lakshmi Sujata, a news reader at a local Television channel in a Vijaywada lodge. They have arrested three people including the brother-in-law of the victim. A police team from Vijaywada also arrested two persons from Hyderabad, the police sources said. In Vijaywada, where Sujata Lakshmi...

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14 February 2007

Jordan: Minister sues journalist, editor for defamation, insult and publishing false news

(AAI/IFEX) - On 27 January 2007, the Jordanian minister of foreign affairs, Abul Elah Alkhateeb, brought a lawsuit against "Al Hilal" weekly newspaper for defamation and insult after it published news that contained criticism of the minister's performance. The lawsuit was brought by the minister against journalist Ahmed Salama and editor-in-chief Naser Kamsh of "Al Hilal" newspaper, whom he...

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14 February 2007

Rwanda: Editor beaten unconscious amid growing government hostility towards independent press

(RSF/IFEX) - Reporters Without Borders has voiced concern about a physical attack on Jean-Bosco Gasasira, the managing editor of the independent fortnightly "Umuvugizi", who was beaten unconscious on 9 February 2007 in Kigali. It followed months of verbal hostility from the Rwandan government towards the more outspoken, privately-owned media. "When we condemned the threats being made against...

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