News

27 July 2007

Newspaper executives believe demand for content fas never been higher

CHARLOTTE, N.C. (AP) -- It started with the help wanted ads. Now real estate ads are tailing off. But as the shift in advertising from the printed page to the Internet continues, newspaper executives believe there's hope for their product. "There has never been a greater appetite for news," said Reid Ashe, executive vice president and chief operating officer for Media General Inc. "People are...

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27 July 2007

Nepal: Forty-nine journalists sacked by government-owned media group

(FNJ/IFEX) - Forty-nine journalists working for the past 11 years for Gorkhapatra Corporation, a government-owned media group, were sacked by management without any genuine evaluation of their work on 26 July 2007. Federation of Nepalese Journalists (FNJ) President Bishnu Nisthuri said that management dismissed the journalists on the basis of its political interests. The management of the...

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27 July 2007

Surprise: AP Ending Its "asap" Service in October

NEW YORK: The Associated Press will be ending its highly-touted "asap" service in October, E&P has learned. Staffers were notified this morning about its October 31 demise as a stand alone. It's not known if any layoffs will come. About 200 newspapers subscribed to the service. It was launched in 2005 as a response to the growth of blogs and so-called youth tabs, and had 24 staff members. It...

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27 July 2007

Microsoft acquires Internet ad exchange

Microsoft is “hellbent and determined” to become a “powerhouse” in the advertising business, according to CEO Steve Ballmer. As if to underline the point, Microsoft has just signed a deal to acquire an internet ad exchange. While financial information is yet to be disclosed, it has been reported that Microsoft has purchased adECN, a Californian internet advertising exchange platform. AdECN’s...

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27 July 2007

Court pulls up TV journalist

New Delhi: The Supreme Court on Thursday pulled up Vijay Shekhar, journalist of a television channel for conducting the “cash for warrant” sting operation, in which an Ahmedabad magistrate issued warrants against the then President, the then Chief Justice of India and two others. Mr. Shekhar paid Rs. 40,000 to three Ahmedabad-based advocates, who, on the basis of a fictitious complaint, obtained...

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26 July 2007

Editor of independent Zimbabwe news site shot in South Africa

The editor of an independent Zimbabwean news Web site is in critical, but stable condition after being shot and seriously wounded near his home in Johannesburg, South Africa. Witnesses at the scene say ZimOnline editor Abel Mutsakani was shot by three gunmen as he parked his car near his home late Monday. A ZimOnline deputy editor, Abel Chapatarongo, has told VOA that Mutsakani had surgery to...

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26 July 2007

Can the Washington Post survive?

(Fortune Magazine) -- Barry Svrluga, a 36-year-old baseball writer for The Washington Post, was on his way to the barber when an e-mail pinged his BlackBerry telling him that the Washington Nationals had sent two struggling pitchers to the minor leagues. Svrluga detoured to Starbucks, wrote a 572-word commentary on his laptop and posted it to his blog, Nationals Journal at washingtonpost.com...

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26 July 2007

Who still reads magazines? Just about everybody

NEW YORK (AdAge.com) -- In an era when new forms of media and technology seem to sprout up almost weekly, you would think that much of it would be embraced by younger consumers. And you would also think the younger digerati would begin to shun some of the more traditional media venues. Turns out that's not entirely so. As new forms of media consumption, including web surfing, downloading and time...

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26 July 2007

US: Political ads stage a comeback in newspapers

Political consultant Cathy Allen isn't yet certain which issues will define the 2008 elections. But she's already decided that the campaigns she manages will make heavy use of an old-fashioned advertising vehicle: newspapers. "Newspapers are back," says Ms. Allen, a Democratic political consultant in Seattle who manages mostly local and statewide campaigns in the Northwest. Of the quarter-million...

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26 July 2007

Check-up time for AOL

NEW YORK (CNNMoney.com) -- A year ago, Time Warner finally relented to market pressure and decided to stop charging broadband customers for its AOL service access fees. Faced with a steadily declining AOL subscriber base, Time Warner made the decision to focus more on the rapidly growing online advertising market and make much of AOL's services free. Since then, the AOL unit has reported three...

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