Media - Print

As the valuations of US newspaper publishers plunge and investor interest wanes, the ranks of stock analysts who rate their performance are thinning, says a Reuters report. Some details: "The fewer analysts you have ... the less information that's distributed, the less appearance there is in the minds of institutional investors," said longtime newspaper analyst John Morton, who runs his own...

South Korean newspaper readership is falling, the Korea Press Foundation (KPF) said Monday. Only three to four people in every ten surveyed said they were newspaper subscribers, the media watchdog said, according to Deutsche Presse-Agentur (DPA). Details: KPF said it conducted the survey in one-to-one interviews with 5,000 adults between May 3 and June 9. KPF added that in 1996, seven in ten...

Wage board Saturday recommended an interim relief of 30 per cent of basic salary for journalist and non-journalist newspaper employees with effect from January 8, 2008. Briefing reporters after a meeting of the board under the chairmanship of Justice Narayan Kurup, board members said the decision was taken through voting after a detailed discussion. While representative of employees and...

The (Baltimore) Sun will cut about 100 jobs, including 55-60 in the newsroom, through buyouts, layoffs and the closing of open positions, says an Associated Press (AP) report. The latest in a series of cuts to the venerable newspaper were announced Wednesday in a memo from publisher Tim Ryan to the newspaper staff. "These actions are necessary for us to remain competitive and win in the future...

The Boston Herald announced plans on Tuesday to lay off 130-160 workers under a plan to outsource printing operations following a drop in circulation, says a Reuters report. Press workers, mailers, engravers and paper handlers would be affected by the cuts, the Herald said in a story on the cuts posted on its website, www.bostonherald.com. According to Reuters: A Chicopee, Massachusetts, plant...

Global entertainment and media revenue is forecast rising by an average of 6.6 percent a year to $2.2 trillion by 2012, boosted by advertising-supported digital and mobile media and an explosion in the adoption of broadband. According to the PricewaterhouseCoopers (PwC) annual forecast released on Wednesday, advertising tied to the burgeoning interest in watching videos on the Internet and on...

Among people who research products and services after seeing them advertised in newspapers, two-thirds (67 per cent) use the Internet to find more information. Of that group, nearly 70 per cent of consumers actually make a purchase following their additional research. A study commissioned by Google, conducted by Clark, Martire & Bartolomeo shows that consumers trust ads appearing in newspapers

Newspapers are well-placed to succeed in the modern media environment, and forecasters who predict the industry’s decline are making "a profound mistake,"the President of the World Association of Newspapers said today, making the case for a vibrant future for the newspaper industry. “Virtually every brokerage report from the investment banks appears to support a new conventional wisdom that...

The 61st World Newspaper Congress and 15th World Editors Forum opened in Sweden June 2 with recognition of Sweden’s superb media example for the rest of the world—top-ranked digital developments combined with a deep love of print. “In the exploitation of the new opportunities created by the Internet, the Swedish, like their Nordic neighbours, have also proved leaders, whether through their digital...

(Reuters): When Conde Nast launched its premium lifestyle magazine Vogue in India last year, it carried a whopping 168 pages of advertisements of a total 400 pages. Now, the publisher is preparing to launch its luxury men’s magazine GQ and expects a similar rush of advertisers in Asia’s third-largest economy, where rising incomes and growing literacy are boosting readership and revenues of...