Jubilation would be premature. The fragmented, multimedia world in which quality newspapers must fight for attention is too new and confusing for that. But the initial evidence contradicts every doom-laden forecast by rivals. The Independent on Sunday's June relaunch has been rewarded with a 17 per cent year-on-year sales rise and a month-on-month increase of 17.45 per cent. Following the move to...
NEW YORK: Just a day after United Press International revealed it would lay off its lone White House correspondent with no plans to replace him, comes word that UPI's long-running United Nations bureau will close after 62 years of covering the worldwide organization. In that move, the news organization is losing its most senior reporter, William M. Reilly, who joined UPI in 1961 and covered beats...
NEW YORK — A news site that has allowed its users to write and submit their own articles is shutting down, citing unspecified "business issues." Backfence Inc. had "hyperlocal" sites serving 13 communities in the Washington, D.C., San Francisco and Chicago areas. Residents were allowed to write on any topic, including event announcements and neighborhood traffic congestion, without the meddling of...
NEW YORK: United Press International is cutting 11 positions from its Washington, D.C., bureau, including its lone White House correspondent, Richard Tomkins. The move marks the first time in its history that UPI will have no one on that beat. "I have been expecting it for some time," said Tomkins, a seven-year UPI veteran who has covered the White House since 2003. "The company is not doing well...
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...
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...
Staff at Les Echos, France's top financial daily, have gone on strike for the third time in three weeks to protest against the possible sale of their title to luxury group Louis Vuitton Moet Hennessy by UK owner Pearson. The latest strike comes as Bernard Arnault, the LVMH chief executive and chairman, said today he would guarantee Les Echos's editorial independence if he bought it. Journalists at...
Senior executives at the Wall Street Journal have given cautious backing to a deal between parent company Dow Jones and Rupert Murdoch’s News Corporation over preserving editorial independence, according to reports. But in a statement that paves the way for a potential $5bn (£2.5bn) takeover of Dow Jones by News Corp, the executives issued a veiled warning to Mr Murdoch not to meddle with the...
LOS ANGELES (Reuters) - The Los Angeles Times, reeling from months of staff cuts and management shake-ups, said on Thursday that one of its two managing editors, Douglas Frantz, would leave the newspaper next month. Frantz, a former foreign correspondent named managing editor in 2005, will depart from the nation's fourth-largest daily on July 6, though he did not offer a specific explanation for...
If Rupert Murdoch succeeds in buying Dow Jones & Co., he would be able to hire and fire top editors of The Wall Street Journal under the editorial independence agreement reached with the company, The New York Times reported Thursday. “That is a far cry from the demands made by the Bancroft family, owners of a controlling interest in Dow Jones, and it remains to be seen how the Bancrofts — most of...
