Companies

The Tampa Tribune will cut about 70 jobs and make other changes to reduce costs amid advertising and circulation declines that have shaken the newspaper industry. Most layoffs will be in circulation, customer service and classified advertising telephone sales, said Denise Palmer, president and publisher of the newspaper owned by Media General, based in Richmond, Va. Fewer than 10 positions will be...

CHICAGO — Subscribers, shareholders and advertisers may be leaving newspapers in droves but real estate moguls, of all people, are sinking part of their fortunes into the business. For better or worse, that gives outside magnates a growing role in newspapers at a time of dramatic change for an industry long dominated by traditional media ownership. The new players aren't all about real estate but...

CHICAGO, April 11 (Reuters) - Kaplan Inc., an educational and career services provider owned by the Washington Post Co. (WPO.N: Quote, Profile, Research), on Wednesday said it acquired an online high school for undisclosed terms. Kaplan said it bought Sagemont Virtual, which has been doing business as the University of Miami Online High School, and Virtual Sage, a developer of online high school...

NEW YORK: Her day usually starts around 5:30 a.m. in her Montclair, N.J., home, when she consults her Treo to check news from Europe and Asia while many neighbors are still sleeping. After a few quick calls to foreign news bureaus, she heads off to catch the train. It's unlikely that any of her fellow passengers on NJ Transit's Midtown Direct to New York give her more than a passing glance as they...

Agence France-Presse and Google Inc have settled a copyright lawsuit, clearing the way for Google to post snippets of the French news agency’s news and photos online, the two companies said on Friday. The two companies, in a joint statement, said the accord allows the Internet giant to post AFP content on Google News and other services. Terms of the pact have not been disclosed. Agence France...

Chicago real estate magnate Sam Zell won the bidding for newspaper publisher and broadcaster Tribune Co. Tribune, owner of leading US newspapers including the Los Angeles Times, Ch icago Tribune, Newsday and the Baltimore Sun, had been pushing Zell to raise his bid, which had been close to $34 a share, Reuters reported. Zell is supporting the transaction with a $315 million investment. Tribune...

NEW YORK: Eight former staffers of the Santa Barbara News-Press, who claim they were illegally fired in the latest dispute at the embattled paper, have launched a new Web site of their own, where they plan to cover local stories until they get their jobs back. Dubbed "Santa Barbara Newsroom," the ad-free site, at www.santabarbaranewsroom.com, launched Monday with stories about local issues such as...

Web news search site Topix, owned by three top US newspaper publishers Monday began recruiting users to report local news that traditional outlets do not sufficiently cover. Topix’s platform addresses the pent-up demand for local news in towns and cities across the country where traditional news media alone cannot cover enough of the hyper-local events and issues that matter most to neighbours. As...

The trickle of foreign money into India’s print media sector is fast turning into a flood. India’s economic growth story is attracting foreign money into its print media sector. Earlier this week, the India Today Group, with interests in magazine publishing and television channels, entered into a joint venture agreement with Associated Newspapers that publishes the Daily Mail in the UK to launch a...

SYDNEY, March 30 (Reuters) - Shares in Australian media companies rose sharply on Friday ahead of the introduction of new media ownership laws which are expected to trigger a fresh wave of takeovers among radio, television and newspaper businesses. The Australian government said late on Thursday the laws would come into force on April 4, ending uncertainty about the timing of the changes which...