The World Association of Newspapers (WAN) has confirmed the new dates for its World Newspaper Congress, World Editors Forum and Info Services Expo, the global meetings of the world’s press, which will now be held in Hyderabad, from November 30 to December 2, 2009. WAN announced last month that the events, originally scheduled for March, would be postponed until later in the year due to the impact...
French film magazine Cahiers du Cinéma, which helped launch the 1950s New Wave, has been sold by Le Monde to international arts publishing house Phaidon Press. Founded in 1951 by André Bazin, Jacques Doniol-Valcroze and Joseph-Marie Lo Duca and edited by Eric Rohmer, Cahiers du Cinéma was a crucible for writers-turned-New Wave directors like François Truffaut and Jean-Luc Godard, and a vocal...
The Beirut-based newspaper the Daily Star, the region's oldest English language daily, has stopped publishing after a Lebanese court declared it was bankrupt, Jamil Mroue, the paper’s owner told ZAWYA DOW JONES on Wednesday. Zawya reported that the Star was in a legal dispute with Standard Chartered Plc over a $1.7 million debt. The unfortunate details: [ Link] Mroue said he is offering a 40 per...
The Evening Standard on Wednesday said Russian tycoon Alexander Lebedev has bought a controlling 75.1 per cent stake in the venerable but money-losing paper for a "nominal sum" widely reported to be $1.40. After weeks of rumours, Standard owner Daily Mail & General Trust PLC confirmed that a company formed by Lebedev and his 28-year-old son, Evgeny, would acquire 75.1 per cent of London's...
Google plans to halt its Print Ads programme on February 28 because the initiative to help newspapers make more money in online advertising sales is not working. The programme, first announced in late 2006, was designed to help newspapers find more ways to make money from Internet ad sales at a time when their print ad sales were falling. "We weren't providing a meaningful revenue impact to our...
The economic downturn has forced the postponement of the World Association of Newspapers (WAN) annual congress and forum, the largest annual international gathering of newspaper executives and editors, MediaGuardian.co.uk has reported. This year's annual conference for WAN and its related organisation, the World Editors Forum (WEF), was scheduled to take place March 22-25 in Hyderabad. WAN/WEF...
Union workers at the Denver Post have voted to enter into formal discussions with the newspaper's owner to reopen contract talks in a bid to trim expenses at the ailing newspaper, the Associated Press (AP) has reported. Denver Post owner William Dean Singleton wants $2 million in wage and benefits givebacks from its union workers. That’s roughly 20-25 fulltime positions at the daily newspaper. The...
The Union government has announced 100 per cent foreign direct investment (FDI) in the facsimile editions of foreign newspapers, provided the investment is held directly by the owners of original publication. According to the new FDI norms for facsimile editions issued by the commerce ministry on Wednesday, the policy for FDI in publication of facsimile edition of foreign newspapers include...
USA Today publisher Gannett Co has imposed one-week unpaid furloughs for most of its US employees, saying the move could help minimize the need for further layoffs amid a severe advertising downturn, the Associated Press (AP) reported on Wednesday. USA Today also declared a one-year freeze on wages effective February 1. Although Gannett is regarded by many analysts as one of the most financially...
A Russian oligarch and former KGB agent is expected to strike a deal to buy a controlling stake in the London Evening Standard, the Guardian has reported. Alexander Lebedev is to buy 76 per cent of the newspaper with the Associated Newspapers group retaining 24 per cent. In May last year Forbes ranked Lebedev the world's 358th richest billionaire, with a fortune of 3.1 billion US dollars. His...
