News

9 July 2007

Ceremony in Moscow marks anniversary of US journalist's killing

MOSCOW: Three years after the American journalist Paul Klebnikov was shot in a contract murder in Moscow, his family and the American ambassador to Russia gathered at an Orthodox church Monday to mark the anniversary, in a ceremony that also drew attention to the fact that the murder is still unsolved. At the afternoon service at Moscow's Cathedral of Christ the Savior, the same church where...

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9 July 2007

NRSC, Rashtradoot settle old court dispute

NEW DELHI: The entire newspaper business has received a fillip with the National Readership Study Council (NRSC) agreeing for the first time ever to set up an independent Grievance Redressal Mechanism, as part of the effort to settle a court case filed by Rashtradoot, a major Rajasthan newspaper chain. The president of Indian Newspaper Society (INS), Hormusji N Cama, has written on 4 July to all...

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9 July 2007

Indian advertisers’ TV spends gets third-best return in Asia

GURGAON: Advertisers looking for more bang for their buck can take heart that efficacy of television spends in India ranks among the top three across all Asian markets, trailing only behind Taiwan and Malaysia. For every $1,000 spent in India on national television, an advertiser delivers a purchasing power parity of 6.82%, against 9.54% in Taiwan and 6.82% in Malaysia. And for every $1,000 spent...

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9 July 2007

Dow Jones to meet with other bidders: WSJ

PHILADELPHIA (Reuters) - Dow Jones & Co. (DJ.N: Quote, Profile , Research), which has been in talks on a takeover by News Corp. (NWSa.N: Quote, Profile , Research), will meet with supermarket magnate Ron Burkle as Dow Jones explores its options, according to a report in the online edition of the Wall Street Journal. Dow Jones is making a last push to try to find other potential buyers, in part, to...

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8 July 2007

New York more than vanity buy

There is a long tradition of rich guys overpaying for trophy media properties. But when Wall Street wizard Bruce Wasserstein nabbed New York magazine at the end of 2003, he seemed to be setting a new standard for vanity acquisitions. The Lazard banker, who owned a number of trade publications, not only paid $55 million for a title earning only $1 million a year but also bested Mort Zuckerman in...

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8 July 2007

Reporter hailed for killing Hilton story

A lighter and paper shredder helped make Mika Brzezinski the symbol of television journalism's guilt trip about Paris Hilton. Brzezinski used both to destroy a script calling for her to read about Hilton's release from jail on MSNBC's "Morning Joe" program recently. Part serious, part an act, it has become an Internet sensation. More than 2 million people have watched a clip of the incident...

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8 July 2007

Iran government warns against media 'coup'

Iran's government has warned of a "creeping coup in the press," newspapers reported Sunday, raising concerns about a tougher line in future with media critical of President Mahmoud Ahmadinejad. "There are many signs showing there is a creeping coup in the press," Culture Minister Mohammad Hossein Saffar Harandi said in comments published in several reformist newspapers. "When we talk about a...

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8 July 2007

Algerian journalist convicted of spying for Israel

Algeria's Criminal Court Saturday convicted Bin Sakhnoun Sa'id, a journalist, of collecting information and documents with the intention of transferring them to Israel's foreign intelligence service (Mossad), Algerian dailies Al-Khabar and Al-Fajr reported. The information included sensitive defense and economic information regarding the situation in the Al-Qabail region, legal sources revealed...

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7 July 2007

Newspapers in Bulgaria face dwindling circulation

Newspapers in Bulgaria are struggling to avoid their own obit as circulation keeps on shrinking under the pressure of rivals from other outlets, official data shows. Circulation numbers for last year stood at 325.7 million copies in total against 442.5 million in 2000, according to figures from the National Statistics Institute. The gloomy trend does not seem to discourage publishers as the number...

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7 July 2007

IRNA expresses outrage at keeping reporter, three diplomats in Israeli jails

IRNA news agency on Saturday expressed outrage at detention of reporter and three Iranian diplomats, accompanying him, for 25 years in Israeli jails and called for the international organizations to help secure their freedom. Releasing a statement to mark the 25th anniversary of kidnapping the four Iranian nationals by Israeli forces and taking them to Israel, IRNA said it is a disgrace on part of...

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