Companies

7 December 2005

Wall Street Journal ad linage jumps

NEW YORK (AP) - Dow Jones & Co., publisher of the Wall Street Journal, said advertising linage at its flagship publication jumped 8.7 percent in November, as gains in classified and general ads boosted results. The Wall Street Journal, the nation's second-largest newspaper, posted a 34.3 percent gain in classified advertising, driven by an increase in real estate and other classified ads. Linage...

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7 December 2005

Lazard director resigns over potential Time Warner conflict

NEW YORK: Carl Icahn's assault on Time Warner has produced its first casualty - however unintended it may have been. Robert Clark, who had been a director of both Time Warner and Lazard, the investment bank advising Icahn, said Tuesday that being on both sides was untenable and resigned from Lazard. Ever since Lazard announced last week that it had signed on to advise Icahn, Clark's role on both...

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7 December 2005

Time Warner CEO says AOL is not for sale

LOS ANGELES -- Time Warner Inc. is in discussions about finding a partner to boost advertising revenue at its America Online unit _ but AOL is not for sale, Chief Executive Dick Parsons said Tuesday. "We are not interested in selling AOL," Parsons said at a press briefing before a speech in Los Angeles. Time Warner is negotiating with different parties about a deal that could help AOL's transition...

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7 December 2005

Los Angeles Times to close plant, cut 110 jobs

The Los Angeles Times will close its San Fernando Valley plant and consolidate production at other facilities, eliminating 110 jobs, the newspaper said. The cuts will be made from "across the newspaper's production facilities," the Times said in a statement Monday. Most will be through a voluntary separation program, the newspaper said. The Times is owned by Tribune Co., the Chicago-based media...

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7 December 2005

NYT announces Outlook 2006; Internet ad revenue up 30 per cent in Nov

The New York Times Company (NYTCO) announced Tuesday updated full-year 2005 guidance and its outlook for 2006. Later this month, the company plans to provide earnings guidance on the fourth quarter of 2005. NYTCO also announced Tuesday that in November 2005 advertising revenues for the company's business units increased 5.8 per cent and total company revenues increased 3.1 per cent compared to...

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7 December 2005

Newspaper CEOs assure analysts of cost-cutting

NEW YORK (AdAge.com) -- Top newspaper executives put on brave faces at a series of presentations today, emphasizing their journalism, growing Internet investments, increasing interaction with readers and new advertiser venues both online and off. The brass, speaking at the 33rd UBS Global Media Conference in New York, also said again and again that they were controlling or cutting what costs they...

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6 December 2005

Google earned top corporate reputation in 7 years: Survey

It takes most companies decades to build a great reputation. Google Inc. did it in seven years. The creator of the premier Internet search engine made a striking debut this year in the annual Reputation Quotient ranking, placing third among 60 of the most prominent companies in the world. Google, which took root in a Stanford University dorm room and was founded in 1998, ranked behind No. 1...

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6 December 2005

Associated Press trying to eliminate union rights

The International Federation of Journalists (IFJ) has condemned the actions of the Associated Press (AP) over its the dismissal of unionised editorial staff at its Mexico City bureau where workers have been coerced to sign agreements disowning attachment to their trade union. The IFJ Executive Committee, meeting in Sydney, Australia, from December 2-3rd 2005, expressed concern at reports from AP...

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6 December 2005

AOL deal may omit stake sale

Time Warner may not be selling a piece of America Online after all. Time Warner is still in negotiations with Microsoft and Google over a variety of potential deals involving its AOL unit. But most of the possibilities under discussion do not involve either company's buying a stake in AOL, an executive briefed on the negotiations said yesterday. Rather, they would involve cooperation on Web search...

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6 December 2005

Untitled

When magazine readers sit at home, do they look at the pages any differently than when they're at a doctor's office or a hair salon? Do they flip through advertising one way if they paid for the magazine and another way if they did not? Those are the questions ad agencies that buy ads in consumer magazines might be asking themselves now that the Audit Bureau of Circulations has created a new...

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