Guardian News & Media will launch a newswire serving the Arab region in the first quarter of next year. The Arab-language news service will be provided through Saudi newspaper Al-Sharq, based in Qatar, which will translate up to 15 stories per day for use by media outlets in the Middle East region, Brand Republic has reported. Some sketchy details: [ Link] Tim Brooks, managing director of Guardian...
The Vietnam News Agency (VNA) has launched its e-newspaper VietnamPlus ( www.vietnamplus.vn) with an aim to provide better information services for local and foreign readers. VietnamPlus will provide more news to readers than any other daily e-newspaper in Viet Nam. Its coverage will range from politics and socio-economics to culture-sports and science and technology from Viet Nam and around the...
It was the the fear of newspapers' backlash that forced the Associated Press (AP) last week to retract its plans of new fees. News agency AP, which is owned by its US member newspapers, has said its board of directors has asked the management to complete a sweeping review of the news cooperative's membership policies by next April. A note to staff said some job cuts are likely. [ Link] "It is time...
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...
The Associated Press (AP) will further cut fees paid by struggling newspaper members and develop an advertising-supported service that will deliver stories and photos to advanced cell phones. The service, which will carry local news from participating newspapers as well as national and international news from AP, is being tested with several newspaper companies and is expected to launch in the...
Shareholders of Thomson Corporation and Reuters have approved plans for the Canadian firm to buy the British-based media and information group and create the world's biggest provider of financial data. The approval in separate shareholder meetings in Toronto and London clears the way for completion of the deal on April 17, the two firms said. A statement issued from Thomson's operations...
The International Federation of Journalists (IFJ) Friday called on the management at the Associated Press (AP) to reconsider the proposed sale of its French service in a deal that they say could seriously undermine its quality and objectivity. Journalists working for the AP French service, which provides news for French media, held a one day strike on Thursday, shutting down the wire in protest of...
The Principal Bench of the Company Law Board (CLB) on Monday held that the allotment of 10,208 shares of Rs 100 each of the United News of India (UNI) in favour of Media West was null and void and not binding on the UNI, says a Hindu report. CLB chairman S Balasubramanian passed the final order on a company petition filed by ABP Private Ltd; Manipal Media Network; Kasturi and Sons Ltd and the...
After a decade of watching newspapers and rival wire services shrink, The Associated Press, the 161-year-old news cooperative, is refitting itself to handle the 24-hour news cycle it helped create. “You have to adjust to the marketplace,” said Jim Kennedy, The A.P.’s vice president for strategic planning. “The new generation of consumers has completely different habits.” To feed those habits and...
News and information group Reuters said today its takeover by Canadian rival Thomson was on track and could be completed later this year. Reporting a 11% rise in pre-tax profits to £136m in the first half, Reuters said discussions with regulators over the £8.7bn Thomson deal were progressing and that customers were supportive of the tie-up. The deal with Thomson, announced in mid-May, ends 156...
