Companies

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...

NEW DELHI, July 26: The Indian Newspaper Society (INS) has noted with consternation and alarm the decision reportedly taken by the Centre for Indian Trade Unions (Citu) in West Bengal to suspend distribution of newspapers in Kolkata on 8 August. In a Press release issued in the Capital today, INS president Mr Hormusji N. Cama stated: “This decision, we are informed, has been taken to extend...

Jane Cox MacElree, an influential member of the family that has controlled The Wall Street Journal for more than a century, forced back tears as she invoked the memory of a murdered Journal reporter. At a family gathering Monday, the 77-year-old Ms. MacElree cited Daniel Pearl's death at the hands of kidnappers in 2002 in voicing her opposition to a bid by Rupert Murdoch's News Corp. to buy Dow...

MUMBAI: While IOS will be the first measurement initiative in the out-of-home (OOH) space, RAM will compete with Indian Listenership Track (ILT) from MRUC - a quarterly service which uses the day-after-recall (DAR) method. The need for measurement of the two media becomes critical, considering that with phase II of FM Radio licensing, the number of FM stations is set to touch 266 by end-2007. And...

Dieter von Holtzbrinck, an heir to a German publishing empire, resigned from Dow Jones & Co.’s board of directors to protest the board’s decision to endorse a $5 billion offer from News Corp. “Although I’m convinced that News Corp. offer is very generous in financial terms,” he wrote in a letter to directors Thursday, “I’m very worried that Dow Jones unique journalistic values will long-term...

On May 14, more than 100 reporters, editors and executives clustered in The Wall Street Journal’s main newsroom to mark the retirement of Peter R. Kann, the longtime leader of their corporate parent, Dow Jones & Company. Mr. Kann, in rolled-up shirtsleeves, was typically self-effacing about his own contributions to the company. But the celebration of the past was muted by worry about The Journal’s...

July 19 (Bloomberg) -- Google Inc., with sales slowing after a sevenfold increase in the past three years, is seeking acquisitions worldwide. Google says it has about a dozen people weighing deals that might be financed with stock and its $11.9 billion in cash and marketable securities. The owner of the most-popular Internet search engine announced eight purchases in the second quarter, its...

The 118-year-old Wall Street Journal newspaper is the big prize in Rupert Murdoch’s attempted acquisition of the Dow Jones group. The world’s most prestigious financial publication has 2.6m print and online subscribers and the second highest circulation of any newspaper in the US. The Journal is considered the newspaper of record for the business world. Founded in 1889 by Charles Dow, Edward Jones...

NEW YORK: Although Cincinnati Post staffers were expecting today's announcement that the paper would cease publication at the end of the year, several newsroom employees admitted the final blow is not easy to take. Members of the 52-person news staff said they were not surprised at the decision by E.W. Scripps Company to fold the paper when the joint operating agreement with Gannett Co. Inc...

NEW YORK: The St. Paul (Minn.) Pioneer Press is seeking to cut some 30 positions in news, classified advertising, and production through a series of buyouts, the paper announced today. The offer comes just seven months after a previous buyout reduced staff by 29 employees, including 22 in the newsroom. In a statement released this afternoon, the paper revealed that it would seek 30 volunteers...