Companies

NEW YORK (MarketWatch) -- Time Inc., after eliminating 105 management jobs just before Christmas, is moving to cut about 100 more, including up to 10 at its flagship, Time magazine, a product of Time Warner (TWX) The New York Times reported in its Tuesday editions. Both editorial and business-side employees are being cut at several of the company's domestic magazines. About 40 business-side...

Knight Ridder on Thursday concluded two days of meetings with a trio of private equity firms interested in buying the San Jose newspaper company, which put itself up for sale at the urging of three major shareholders. Thursday's meeting ends the third week of presentations about Knight Ridder to interested parties. This week, Knight Ridder executives met with the Blackstone Group, Providence...

NEW YORK (CNNMoney.com) – Who will be the big winner from the creation of the new CW television network? Here's a hint. It might not be CW or even the other major TV networks. Media buyers said cable could wind up gaining more viewers once the CW, created from the merger of CBS (Research)-owned UPN and Time Warner (Research)-owned WB, begins broadcasting in the fall of this year. (Time Warner also...

BUFFALO, N.Y. The Buffalo News will end its 127-year run of publishing afternoon editions of the paper by the spring of next year. Publisher Stanford Lipsey announced today that subscribers will see the first changes this spring, when the newspaper's Niagara edition is moved to morning delivery. All editions of the paper will become morning delivery by the spring of 2007. The move is the latest in...

Job cuts, benefit reductions, and reduced newspaper sizes are part of a plan to improve margins by as much as $150 million a year at newspaper chain Knight Ridder Inc., according to people familiar with presentations management has been making to potential buyers. The country's second-largest newspaper chain put itself on the block late last year, under pressure from its biggest shareholders. Now...

LONDON (Reuters) - Rupert Murdoch on Sunday said News Corp. needed to do more to take advantage of strong growth in global broadband and Internet use and defended the media conglomerate's controversial anti-takeover provision. In an interview on the BBC's Radio 5 program, Murdoch said the company was positioning itself for major opportunities within media and entertainment as broadband use grew...

London --- Faced with slowing sales and dipping profits, foreign media houses are increasingly eyeing India, one of the most attractive markets globally, thanks to a robust economy and easing of stiff investment rules. India's thriving media industry, which was shut for foreign firms until not long ago, today counts Britain's Pearson, publisher of the Financial Times, Independent News and Media...

HT Media Ltd on Monday said it will invest Rs 385 million to fund its various expansion plans, including the launch of a business newspaper, the Press Trust of India has reported. New Delhi-based HT Media, which publishes the Hindustan Times English daily, said the money would be used for initial investments in the launch of a business newspaper, expansion for a Hindi newspaper in Madhya Pradesh...

LONDON: Faced with slowing sales and dipping profits, foreign media houses are increasingly eyeing India, one of the most attractive markets globally, thanks to a robust economy and easing of stiff investment rules. India's thriving media industry, which was shut for foreign firms until not long ago, today counts Britain's Pearson, publisher of the Financial Times, Independent News and Media...

McClatchy Co. executives wrapped up talks Friday over a possible bid for Knight Ridder Inc. of San Jose, the nation's second-largest newspaper chain, according to a newspaper report. Sacramento-based McClatchy, publisher of The Bee and 28 other daily and nondaily newspapers, spent Thursday and Friday meeting with Knight Ridder executives in the first in a series of presentations from would-be...