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- Scripps Networks Profits Rise 14 Percent, As Shopping Sites Struggle
- A day after Scripps Networks Interactive (NYSE: SNI) confirmed its $975 million deal to acquire 65 percent stake in the Travel Channel from Cox Communications, the cable network said profits rose 14 percent to $65.3 million as total revenue remained flat as the recession dragged on. The Cincinnati-based owner...
- External links 2009-11-06
- UBM Will Cut Magazines To Expand Multimedia B2B
- United Business Media (LSE: UBM) is planning to reduce the number of print titles it publishes as part of plans that will make magazines merely a “complementary” part of an expanded multimedia B2B strategy.In an interim management statement for the year to October, the company says that, in the...
- External links 2009-11-06
- The Associated Press Offers Platform To Publishers For Building Mobile Apps
- The Associated Press said today it will start helping publishers build mobile apps for a wide variety for platforms, including Android, BlackBerry, iPhone, Nokia (NYSE: NOK), Palm (NSDQ: PALM) Pre and Windows Mobile. The white-label solution was developed by Verve Wireless, which built the AP Mobile platform. Release.The offer...
- External links 2009-11-06
- Hearst Debuts Automated Topics Site LMK.com
- Hearst is launching a new media brand this morning and it’s not a magazine, a newspaper or a TV show. LMK.com—as in “Let me know”—is a 2.3 million-page content aggregation play from Hearst Entertainment and a Hearst-incubated company by the same name. Hearst Entertainment EVP George Kliavkoff and...
- External links 2009-10-09
- Teen Fashion Site Suddenly Darling Launches With 'Wholesome' Content, Sponsorships In Mind
- Young pop stars like Miley Cyrus pictured and Vanessa Hudgens are pushing the envelope when it comes to sexy clothes, videos and even MySpace pics, leaving some parents concerned about the influence these celebs have on their daughters. And with teen sites like CosmoGirl.com promoting them—and their fashions—it may...
- External links 2009-10-09
- Condé Nast Job Ax Hits Digital; 15 Jobs Cut
- Although Condé Nast’s print side is in significant distress, the digital side is not completely safe from the company’s deep cuts either. About 15 staffers at Condé Nast Digital have been laid off, mostly in ad sales, Mediaweek reported. The cuts came a day after Condé Nast dismissed the...
- External links 2009-10-09
- As Challenges Grow, Nielsen Looks To Explain Its Digital Media Abilities
- As major media companies have been gathering to start their own cross-media measurement and companies like Omniture (NSDQ: OMTR) and Quantcast see their profiles rise, Nielsen media execs want to make sure their clients don’t think they’re getting left behind. The audience measurement company has reached out to about...
- External links 2009-10-08
- Newsweek: Condé Nast Mags Face $1 Billion Ad Decline
- As Condé Nast continues working through its McKinsey &Co.-imposed cost cuts, a Newsweek analysis of the publisher’s ad revenue situation suggests the company’s looking at particularly brutal ad declines. The publisher, which this week killed off the nearly 70-year-old Gourmet and three other mags, could see ad revenues drop...
- External links 2009-10-08
- Interead Picks QVC To Launch Its "Cool-er" e-Reader In U.S.
- Forrester Research’s prediction that consumers will buy nearly a million new e-Readers this holiday season came with a big caveat—sales will only spike if retailers can figure out how to better promote the devices, not to mention educate shoppers about them, too. That may not be a problem for...
- External links 2009-10-08
- Bankruptcy Court Clears Sun Times Sale to Tyree
- As expected, investor Jim Tyree’s $26.5 million bid for the Sun Times Media Group has gotten the approval of the bankruptcy court overseeing the Chicago newspaper chain’s chapter 11 proceedings, the Chicago Sun Times reported. The deal looked clear by mid-week, after the Chicago Newspaper Guild, which represents Sun-Times’...
- External links 2009-10-09
- Rupert Murdoch In Beijing: 'The Philistine Phase Of The Digital Age Is Almost Over'
- News Corp (NYSE: NWS) Chairman and CEO Rupert Murdoch took to the stage at the World Media Summit in Beijing Friday to quote a little Confucius and paint his version of the digital future for his Chinese hosts. Murdoch’s endeavors in China have met with mixed success and some...
- External links 2009-10-09
- Amazon Piles On Kindle Fees, Increases Book Costs Outside U.S.
- The international Kindlle is starting to look like a virtual ATM for Amazon (NSDQ: AMZN). Not only will U.S. Whispernet users have to pay $5 a week for accessing their subscriptions, as we reported yesterday, and $2 per book download, downloads of single issues run $2. The fee for...
- External links 2009-10-09
- EA Gets Into Digital Books With FLIPS Launch In U.K.
- As if there wasn’t enough digital and e-book hysteria from the international Kindle launch ... Electronic Arts is dipping its toe into digital books, albeit for the younger generation, with the launch of FLIPS, a new line of books that kids can “read” using the handheld Nintendo DS. The...
- External links 2009-10-09
- Phoenix Media Says Facebook Is Infringing On 'Profile Page' Patent
- A newspaper company—yes, a newspaper company—has a patent on the idea of a “personal profile page” and now wants some payback from Facebook. In a lawsuit filed this week, Phoenix Media subsidiary Tele-Publishing, which provides dating services products to various newspaper companies, says that Facebook is infringing on a...
- External links 2009-10-09
- USA Today Expects Largest Circ Decline In Its History; 'Number One' Daily Position In Jeopardy
- USA Today is warning that it expects its circulation to drop 17 percent, the largest fall-off in its 27-year history. Citing a staff memo from USAT Publisher David Hunke, E&P reported that the average circulation at the Gannett (NYSE: GCI) Co.-owned weekday-only daily was 1.88 million from April through...
- External links 2009-10-09
- Nada Stirratt Defects From MTV To MySpace As Chief Revenue Officer
- Nada Stirratt is leaving her post as EVP, Digital Advertising for MTV Networks (NYSE: VIA) to take on the role of chief revenue officer at MySpace, MediaMemo’s Peter Kafka reports. Her hiring comes about two months after Jeff Berman exited MySpace as sales and marketing head, after the company...
- External links 2009-10-09
- AP's Tom Curley: 'We Are Not Going To Work With Everybody'
- Two of the most vocal proponents for changing the way news and information are distributed took their message to the World Media Summit in Beijing today. We posted the full text earlier of News Corp (NYSE: NWS) Chairman Rupert Murdoch’s take on the “Philistines” of news (his own tribe...
- External links 2009-10-09
- BusinessWeek.com And Bloomberg.com Combined: Not Exactly Burning The Charts
- So whether BusinessWeek goes to Bloomberg, or the ZelnickMedia consortium (with Thomson Reuters (NSDQ: TRIN) behind it), none of them will be huge online. We have been looking at some traffic numbers for August this year from Nielsen and comScore, and both rank BusinessWeek.com outside the top 10 biz/finance...
- External links 2009-10-08
- Using The International Kindle Could Rack Up Fees
- Not only does the new international Kindle cost more than its U.S. counterpart, owners who want to take advantage of the wireless connectivity will be paying more for it. In addition to the $2 per-book fee for non-U.S. downloads, paidContent has learned from Amazon (NSDQ: AMZN) that it will...
- External links 2009-10-08
- AP CEO: Looking At Licensing A Head Start On News
- The latest batch of brainstorms on how to make more money for the Associated Press includes the possibility of licensing short-term exclusivity for some online clients. CEO Tom Curley told the Hong Kong Foreign Correspondents’ Club in a talk Tuesday that the news co-op is exploring premium products as...
- External links 2009-10-06
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