Companies

30 July 2009

Website allows magazine readers to select their own content

A start-up in Colorado lets readers pick which articles they want in their magazine and then print it themselves, says a New York Times report. The company, Printcasting, has a website www.printcasting.com on which anyone can put together a magazine featuring their own blog posts or articles and items from blogs and newspapers that have registered with the site. Advertisers can place ads in the...

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21 July 2009
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Boston Globe employees union gives in, accepts paycuts to save struggling newspaper

Boston Globe employees union gives in, accepts paycuts to save struggling newspaper

The Boston Globe’s largest union overwhelmingly approved a package of $10 million in wage and benefit cuts Monday night, ending more than three months of tense bargaining and brinksmanship, the newspaper reported The Boston Newspaper Guild, which represents nearly 700 editorial, advertising and business office workers, became the last of the Globe's major unions to ratify sizeable financial and...

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16 July 2009

Sikh journalist who flung shoe at Chidambaram sacked by Dainik Jagran

Jarnail Singh, the Sikh journalist who created a stir by flinging a shoe at Union home minister P Chidambaram, was on Thursday sacked by his employers. Singh, who was a defence correspondent with Hindi daily Dainik Jagran for nearly a decade, said his services with the newspaper were terminated following a show-cause notice issued about 4 months ago. “I have been victimised for raising a genuine...

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16 July 2009

Venezuelan newspapers threatened by lack of dollars to import paper

Dozens of regional daily newspapers in Venezuela are at risk of having to halt their presses due to government delays in providing foreign currency needed to import paper, a Canadian Press report has said. The National Union of Press Workers said in a statement Wednesday that more than 50 dailies across the country "are on the brink of ceasing operations due to the lack of paper." Some details: [...

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3 July 2009

US newspaper giant Gannett Co to eliminate about 1,400 jobs by July 9

Gannett Co, the largest US newspaper owner, will slash about 1,400 publishing jobs by July 9 as it copes with declining advertising and circulation, Bloomberg News has reported. Some details: [ Link] “We must take these steps because the advertising environment remains challenged,” Bob Dickey, president of Gannett’s US Community Publishing unit, said today in a memo to employees. The division has...

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3 July 2009

Google drops news comment feature

Google has eliminated an experimental feature that allowed people quoted in articles in Google News to post comments on those articles, the New York Times has reported. [ Link] People in the news media were intrigued by the idea of giving article subjects the power to comment, and the idea drew considerable coverage. But the feature never got a lot of use — the company declined to provide numbers...

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3 July 2009

IN&M sells stake in Indian media group

The group, which owns the Independent newspaper, has sold a 7.3 per cent stake in the media company, which will leave it with a 13.5 stake in the firm, says a MediaWeek report. It sold the stock on the Bombay and National Stock Exchanges. Excerpts: [ Link] The sale comes as IN&M bids to reach agreement with bondholders over a €200m bond, which, following an extension agreed last week, is due for...

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4 June 2009

RIA Novosti, Interfax unveil joint media project

Russian news agencies RIA Novosti and Interfax have launched a joint project set to cover important national news in around 600 regional media. The details: [ Link] “This project is revolutionary as two rival agencies—the independent Interfax agency and the federal state RIA Novosti agency—are carrying out a joint media project for the first time,” RIA Novosti Editor-in-Chief Svetlana Mironyuk...

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26 May 2009

Official magazine devoted to US newspaper industry to exist only online now on

Presstime, the monthly magazine of the Newspaper Association of America ( http://www.naa.org/), will soon cease to be in print. Presstime, its staff already much reduced, will continue on the association’s website, the New York Times has reported. The NYT report said: [ Link] “No one wanted to close down Presstime,” John F. Sturm, president and chief executive of the association, said in an e-mail...

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26 February 2009
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Hearst Corp threatens to close down loss-making SF Chronicle, lay off journalists

Hearst Corp threatens to close down loss-making SF Chronicle, lay off journalists

San Francisco may become the largest US city to lose its main daily newspaper after Hearst Corp threatened to sell or close the San Francisco Chronicle unless it can push through more job cuts, Bllomberg News has reported. The publisher, already trying to sell the Seattle Post- Intelligencer, said Tuesday that it would seek voluntary buyouts for a “significant” number of its 1,500 employees after...

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