News

16 February 2007

US journalists avoid jail after source admits leaking info

Two US reporters have avoided going to jail after their source revealed himself in a criminal plea agreement. The two San Francisco Chronicle reporters, Lance Williams and Mark Fainaru-Wada, faced up to 18 months in prison for refusing to name the source who provided them with secret grand jury testimony about alleged steroid use by professional athletes. San Francisco Chronicle reporters Lance...

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16 February 2007

Most Americans believe blogs will change course of journalism

A majority of Americans believe bloggers are important to the future of American journalism and three out of every four feel citizen journalism will play a vital role. A new WE Media/Zogby Interactive poll has relevealed that most respondents (53 per cent) also said the rise of free Internet-based media posed the greatest opportunity to the future of professional journalism and three in four (76...

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16 February 2007

In the Philippines, sedition charges against three journalists

The Committee to Protect Journalists calls on the government of Philippines President Gloria Macapagal Arroyo to drop sedition charges against critical The Daily Tribune publisher and two columnists. In its February 14 case against publisher Ninez Cacho-Olivares and columnists Ramon Señeres and Herman Tiu-Laurel, the government said their writing could “lead or stir up the people against lawful...

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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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