Indian newspaper publisher Jagran Prakashan Pvt Ltd on Thursday said it is in talks with smaller rival Mid-Day Multimedia Ltd for a "strategic alliance", as it seeks to expand its presence in the world's second-largest print media market, according to a zeenews.com report. Jagran Prakashan--publisher of India's most-read Hindi-language newspaper, Dainik Jagran—has signed a-non disclosure agreement...
Blackstone Group LP, the largest private-equity firm, is investing in a Hindi-language newspaper to benefit from a surge in readership in India as print advertisement sales in the US fall to a 26-year low, says a Bloomberg News report. Blackstone Group plans to invest 2.25 billion rupees ($50 million) in Jagran Media Network Pvt., according to a joint statement on April 7. A unit of Jagran Media...
News channel NewsX, which was sold out last year by INX Media following a financial crunch during the global economic meltdown, is set to be re-launched under a new brand within the next few months, the Press Trust of India (PTI) has reported. “We will re-launch our channel in the second quarter of next fiscal, after the summer break... The channel will sport a new name, logo and on-air look,”...
The New York Times Company still intends to sell the Boston Globe, but the newspaper's finances have improved enough that the company does not need to sell it, the New York Times daily reported after top executives met Globe employees first time Wednesday since the company threatened to close the paper. Arthur Sulzberger Jr, the company chairman, and Janet L Robinson, the president and chief...
Internet giant Google is planning to roll out a payment platform for newspapers that would allow them to charge for content online. The Google plan, which was revealed by the Nieman Journalism Lab, was elaborated in a document that company sent to the Newspaper Association of America (NAA) in response to a request for paid-content proposals that the association sent to several technology companies...
The publisher of La Presse, Canada's second largest French-language newspaper, threatened on Thursday to permanently stop the presses unless its 700 employees agree to deep salary cuts before December, according to Agence France-Presse (AFP). "We have three months ahead of us, enough time to discuss and sign a negotiated agreement allowing us to cut labor costs," Guy Creview, publisher of the...
The Guardian Media Group is reported to be considering options for the future of its Sunday newspaper, the Observer, as part of a strategic company review. The company – parent of Guardian News & Media, which publishes the Observer, Guardian and guardian.co.uk – is said not to have ruled out closing the Sunday title. Some details from the Guardian itself: [ Link] GMG has reportedly floated the...
The Associated Press (AP) will create a news registry that will tag and track all AP content online to assure compliance with terms of use. The system will register key identifying information about each piece of content that AP distributes as well as the terms of use of that content, and employ a built-in beacon to notify AP about how the content is used. "What we are building here is a way for...
More than 1,000 publishers including the New York Times, the Washington Post, and the Dallas Morning News have signed on to participate in the Fair Syndication Consortium, a model built to help publishers receive compensation for their content, Editor & Publisher has reported. AdBrite, an online marketplace to buy and sell advertising, has agreed to work with the consortium to help partners...
The Russian government has drafted legislation that would make it easier for news agencies to contest plagiarism of their reports, drawing cheers from big outlets like Interfax and RIA-Novosti, but critics say the bill is too vague to be effective, according to a Moscow Times report. The law, drafted by the Communications and Press Ministry, would extend copyright protection to news reports, with...
