Companies

Chicago real estate magnate and Tribune Co. owner Sam Zell said Tuesday he had no plans to sell the Los Angeles Times to any of the moguls who previously expressed an interest in buying the newspaper. "I said it to Eli Broad. I said it to Ron Burkle. I said it to David Geffen, and I'm saying it to you," Zell said during a talk at a conference on corporate growth. He then quipped: "Now, if you have...

The BBC is poised to cut at least 12 per cent of its workforce, with the brunt of more than 2,000 redundancies falling on factual programming, senior staff have been told. The final tally of job losses, which will have to be approved by the BBC Trust, could approach 2,800, according to one person familiar with the situation. Mark Thompson, the corporation’s director-general, is seeking cuts...

WASHINGTON (AP) -- Luring new readers means connecting with them on the Internet through blogs, live online chats and interactive databases, industry leaders told newspapers editors Thursday. Amid a steady decline in newspaper advertising and circulation, building communities of readers through the online experience is essential, said Jim Brady, vice president and executive editor of...

RUPERT MURDOCH is set to face a challenge to his family's control of News Corp at its annual shareholder meeting this month, after one of the world's most powerful shareholder advisers recommended fund managers back a move to change the company's share structure. Institutional Shareholder Services (ISS), which advises 2000 institutional investors globally with about a quarter of the world's...

Aizawl, Oct 4 (PTI) Mizos have to cope without newspapers for some days as an acute shortage of newsprint is hitting print media houses in Mizoram. Vanglaini, the most circulated vernacular daily in the state, could not be published today as there were no newsprint, said its editor K Sapdanga, who is also the president of the Mizoram Journalists Association. Another popular daily, The Aizawl Post...

LOS ANGELES: ABC News is assigning seven reporters to new overseas posts in what the network division said is its largest expansion of foreign bureaus in two decades. The reporters will be based in New Delhi and Mumbai in India; Seoul, South Korea; Jakarta, Indonesia; Rio de Janeiro, Brazil; Nairobi, Kenya, and Dubai in the United Arab Emirates, ABC News President David Westin announced on...

NEW YORK -- After two decades of cutbacks in international bureaus, ABC News is bucking the trend by creating one-person operations that will dramatically boost its coverage in Africa, India and elsewhere. The small offices, staffed by a reporter-producer with the latest in hand-held digital technology, cost a fraction of what it takes to run a full-time bureau. But the work they file will be...

Google's decision to spend $3.1 billion to buy little-known DoubleClick will affect the future of American media and the way advertisers tell stories about you and me. Eventually, if Google has its way, what we see on the Web, hear on the radio or read in print will largely be based on decisions Google computers make about how different we are and why. Already Google can likely say quite...

TOKYO (AFP) — Three of Japan's leading newspapers said Monday they would cooperate in their online productions and distribution, joining hands to maintain clout in an industry under threat from the Internet. The tie-up involves The Yomiuri Shimbun, which is considered the world's top-selling newspaper, along with its liberal arch-rival The Asahi Shimbun and the Nikkei business daily. The three...

LONDON, Oct. 1 — The Financial Times, preparing for a fierce battle with The Wall Street Journal over business readers and online advertising revenue, will give casual readers free access to its Web site this month, according to executives at The Financial Times. The Web site of the London-based business newspaper, which currently charges for much of its content online, as of mid-October will...