Launches and Strategies

AOL Inc will buy Arianna Huffington's influential website for $315 million, looking to the high-profile liberal pundit to rescue it from the dustbin of Internet history. The move, announced Monday, comes at a hefty premium. AOL is estimated to be paying 32 times earnings before interest, taxes, depreciation and amortization for The Huffington Post, said Benchmark Co analyst Clayton Moran. Similar...

Rupert Murdoch on Wednesday pushed the send button on The Daily, a news application designed for the iPad that he hopes will position his News Corporation front and center in the digital newsstand of the future, the New York Times has reported. The Daily is published as an app for iPads. Subscribers pay by the week or the year. The Daily will be a first of its kind for tablet computers: a general...

News Corp will launch its long-awaited digital newspaper created for Apple Inc's iPad on February 2, two weeks after the two companies were widely expected to introduce the new product, Reuters has reported. News Corp Chairman Rupert Murdoch and Apple Vice President of Internet Services Eddy Cue will introduce the Daily, a digital newspaper for tablet devices, at the Solomon Guggenheim Museum in...

Viewers of Euronews, a 24-hour television news channel, may soon see images of people they can’t avoid on other TV news programmes, even though they have been practically invisible on Euronews: the journalists, the New York Times has reported. Euronews, which is owned by 21 European public broadcasters, has avoided showing reporters and anchors because of the network’s unusual, polyglot approach...

The People’s Daily newspaper, published by the Communist Party of China, may lead a wave of state-run media going public as the government aims to reinvigorate official news organisations in the next five years, according to Bloomberg News. People’s Daily Online Co Ltd., which operates the website People.com.cn, plans to sell 40 million shares at a price range of 15 yuan to 20 yuan a share in an...

The Washington Post uses Facecbook to the hilt, according to prominent Internet communications firm Bivings Group that tracked how newspapers use the social networking site to best connect with audience. Ranking No. 1 and 2, respectively were The Washington Post and The Chicago Tribune. The Post was cited not just for its very high fan-to-circulation ratio, design features and use of Twitter app...

The Axel Springer Academy, established by Germany's eponymous publishing group, said Wednesday it would create a magazine designed to be viewed exclusively on the Apple iPad, according to Agence France-Presse (AFP). "Kraftwerk D" is to cost 2.39 euros (3.20 dollars), would be assembled by 18 students and would mark "a world premiere for a school of journalism," a statement said. The first issue...

The Guardian has launched a new gateway to its journalism and visualisations. The announcement on its website said, "Data journalism has become an increasingly big part of our work here at the Guardian - from Wikileaks to government spending, it's our job to make the key data accessible and easy to understand." The site http://www.guardian.cok.uk/data/ includes: The key data of the day - broken...

Thomson Reuters Corp has launched a news service for US publishers and broadcasters in a bid to win business from the Associated Press and CNN, the news agency has announced. The new service, Reuters America, provides text stories, photos and video by Reuters journalists for newspapers, television stations and online publishers. Newspaper publisher and broadcaster Tribune Co is its first customer...

Broadcaster Al Jazeera said Tuesday its English language service has got a downlink license to broadcast in India. Cable and satellite companies in India will be able to add Al-Jazeera English to their channel line-ups after the Ministry of Information and Broadcasting granted the licence, the Qatar-based broadcaster said in a statement. "This is an exciting breakthrough that has been in the works...