Companies

MCLEAN, Va., Nov. 7 (UPI) -- The largest newspaper chain in the United States, Gannett Co., based in McLean, Va., has said it will incorporate "citizen journalism" into its papers. The company, which publishes USA Today, the Des Moines Register, the Fort Myers (Fla.) News-Press and other papers, said it would also begin searching for stories at online discussion forums and create online calendar...

Venerable American newspapers, including the Los Angeles Times, Newsday and the Chicago Tribune, are up for sale after indications from publisher Tribune Company that it is willing to break itself up. Tribune is one of America's biggest media empires - it owns 11 newspapers, 25 television stations and the Chicago Cubs baseball team. But it has been racked by boardroom fallouts and has presided...

NEW YORK, Nov 2 (Reuters) - Employees at San Francisco Bay-Area newspapers owned by MediaNews Group Inc. should expect layoffs in the near future because of poor advertising and changes to their business, according to a publisher's memo. The papers, owned by Denver-based MediaNews Group Inc., include the Oakland Tribune, the Hayward Daily Review and the San Mateo County Times. MediaNews also owns...

If a book on the Indian media business prompts its author to rush into a revised edition within three years of its bestselling success, it means only one thing – the Indian media landscape is changing, and changing quite rapidly. THE BOOK FOR THE SEASON: When Vanita Kohli-Khandekar wrote The Indian Media Business in 2003, it went on to become a bestseller. For a number of reasons. For one, it was...

THE future of Government’s news agency might be in doubt if the cash-strapped parastatal does not get a much-needed financial injection soon to operate as a commercialised entity, the Auditor General’s office has warned. The Namibia Press Agency (Nampa) made a net loss of N$1,71 million in the financial year ending March 31 2005, some N$352 000 more than the previous financial year despite...

NEW YORK -(Dow Jones)- Dow Jones & Co. (DJ) said Friday it agreed to sell six of its community newspapers to Community Newspaper Holdings Inc. for $282.5 million in cash, subject to a working capital adjustment. Dow Jones, publisher of this newswire and The Wall Street Journal, said it expects proceeds of about $268 million, which it will use to fund its recently disclosed agreement to acquire...

LAST week The New Yorker named Rupert Murdoch as "arguably the world's most powerful media executive". After lunching with the "king maker" and interviewing his senior courtiers, reporter John Cassidy described how Murdoch secures political access and disseminates strong, but not always predictable, political views through his global media network. Murdoch tends to support the Iraq war, tax cuts...

"What kind of business are we in?" is the rather plaintive title of a panel at this year's American Magazine Conference, which began Sunday in Phoenix. And that is exactly the question that magazine executives are asking themselves these days. Publishers of even the best-known and most successful American magazines are finding both the present and the future challenging and confusing. They know...

Reuters has launched a new round of cost cutting, this time with travel and expenses in the spotlight. The chief executive, Tom Glocer, has imposed 30% cuts to travel and entertainment budgets on the global news organisation’s 15,300 staff. The news was delivered to staff in an intranet posting in which Mr Glocer said that “tough measures” were needed to achieve “greatness”. He also said that the...

Islamabad - Newspaper hawkers in Pakistan are up in arms against the newspaper owners' decision to observe one holiday instead of the usual two for the forthcoming end-of-Ramadan Eid festivities. The All Pakistan Newspapers Society on Saturday accused the hawkers, who have refused to distribute the newspaper published the day after Eid, of reneging on an agreement reached between them 10 years ago...