Companies

LONDON - The Financial Times is set to ditch its iconic "No FT, no comment" strapline and is expected to replace it with DDB London's "We live in Financial Times". The new work is expected to break in the spring and will promote the newspaper and FT.com to a globally minded audience of senior-level decision-makers. DDB London scooped the £5m creative account in September, after a three-way pitch...

The News Corporation, owner of The New York Post, has broadened its metropolitan-area presence with the acquisition of two newspaper groups that have 28 weekly papers primarily serving Queens and Brooklyn. With the move, News Corporation is increasing its reach to the boroughs outside Manhattan and the minority populations that have been strongholds of its main competitor, The Daily News. While...

After four years and four months as CEO of Time Warner, Richard D. Parsons is running out of options to solve his most vexing problem: share-price paralysis. He has settled federal accounting investigations, cut debt, bought back stock, turned AOL into a free service, and Sept. 12 announced the sale of 18 of its magazines. None of these moves has pushed shares above $19. Now he's readying to play...

THE BUOYANT growth of the Indian newspaper industry in the past decade is a major theme — a sort of `India is where the action is' theme — of international media discussion. The latest report of the World Association of Newspapers on world press trends, which puts daily newspaper circulation in India at 78.7 million (18 million behind China, the Number One in this respect), and the National...

NEW YORK (Reuters) - Investors could be forgiven for wondering if they had stepped into the wrong conference on Tuesday -- old media executives talked up digital strategies even as Internet media leader Yahoo warned of an unforeseen advertising shortfall. It appeared that old and new media companies had swapped roles for a day. While many blue chips slipped on Tuesday, a handful of media stocks...

BANGALORE: Terming the Government's proposed legislative initiatives against the media ``undemocratic, " Indian Newspaper Society's outgoing president Jacob Mathew on Monday said a threat to the freedom of the media was a serious threat to the country's economic viability. Addressing the 67th Annual General Meeting of the society here, he said the new initiatives were a threat to the media's...

Tribune Co., already under pressure from its largest shareholder, the Chandler family, is facing a growing challenge on another front: a push by some rich and powerful citizens in Los Angeles for a sale of the Los Angeles Times to local interests. The clamor over the nation's fourth-largest newspaper comes ahead of a Tribune board meeting Thursday, at which Chief Executive Officer Dennis...

Bangalore, Sept. 18 (PTI): The Indian Newspaper Society's outgoing President Jacob Mathew today expressed concern over the government's media policy in view of some provisions of the draft Broadcast Services Regulation Bill, 2006, including the proposed restrictions on cross-media holdings. The draft bill envisages the creation of a Broadcast Regulatory Authority empowered to administer a content...

NEW YORK -- Time Inc. will prune its huge magazine portfolio, by seeking buyers for 18 of its smaller titles, leaving it to concentrate on larger properties like Time, People, and Sports Illustrated. Titles to be sold include Popular Science, Outdoor Life, Field & Stream, and Yachting, said someone familiar with the matter . News of the planned sales was reported earlier Tuesday by Advertising Age...

Australian newspaper publisher John Fairfax Holdings has joined News Corporation in refusing to support planned changes to the country's media ownership laws. Fairfax, the second largest newspaper publisher in Australia behind News Corp, has opposed the government reforms, which analysts believe would lead to a spate of takeovers. "The government's media package as it currently stands has become...