WSJ reports: “In a strategy shift, CNN, known primarily for national and international news, announced a deal that will allow it to offer more local news on its Web site and, it hopes, land a bigger slice of the fast-growing market for local online ads. The deal, with Internet Broadcasting, a privately held Minneapolis-based company
In April 2007, Yahoo! entered in an alliance with McClatchy for online advertising. Yahoo! already has an agreement with a consortium of 12 newspapers and the current deal represents more than 264 newspapers across 44 states. McClatchy has discarded its plans of setting up a similar online ad partnership with Gannett and Tribune and decided
In our earlier series, Newspapers: Industry in Turmoil, we missed to cover Scripps. The E. W. Scripps Company (Scripps) is a $2.5 billion diverse media company engaged in the publishing of newspapers, broadcast television, interactive media, licensing and syndication. The Company has 5 business segments – Scripps Networks, Broadcast Television, Newspapers, Interactive Media and United
SM: Would you give us some examples of your larger and smaller customers? RF: We work with an education related network called HotChalk, we work with a network of do-it-yourself home improvement types called HouseBlogs, we work with an entrepreneur called Robert Kadar who is starting a network called GoodHealthAdvertising, he is an expert and
WSJ reports: :: Three of the country’s biggest newspaper publishers reported sharply weaker first-quarter results Thursday, reflecting across-the-board declines in print advertising, particularly in classified ads related to the cooling housing market. Gannett Co. and New York Times Co. each posted declining earnings for the period. Tribune Co., which recently agreed to be taken private,
In my post, “McGraw-Hill: Beating the Street” I have discussed McGraw-Hill’s overall business prospects, which looks good with lower double-digit growth in 2007. However, BusinessWeek, McGraw-Hill’s crown jewel is struggling and I am going to talk about it here. BusinessWeek, is one of the most widely read business magazines, with more than 4.7 million readers
AT the heels of his $13 Billion acquisition of Tribune, Sam Zell put his big foot in the mouth by saying: “If all of the newspapers in America did not allow Google to steal their content, how profitable would Google be?” Zell said during the question period after his speech. “Not very.” The statement shows
For those of you following my Newspaper industry coverage, here’s an interesting set of statistics: