Gannett to buy Belo for $1.5 billion cash, to assume debt also

June 13, 2013

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(Reuters) – Media company Gannett Co Inc said on Thursday that it agreed to pay $1.5 billion in cash to buy Belo Corp and assume $715 million in debt, giving television company Belo an enterprise value of $2.2 billion. The deal, which represents a 28.1 percent premium on Belo’s Wednesday closing price, would make Gannett […]

Posted in: News-Trend

PwC: the U.S. consumer ebook market will be bigger than the print book market by 2017

June 7, 2013

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by Laura Hazard Owen SUMMARY: Analyst firm PwC thinks that the U.S. trade ebook market will surpass the size of the print book market by 2017.

Posted in: Books & Ebooks

What digital media will look like in 2017 – highlights from PwC’s report

June 7, 2013

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by Jeff John Roberts SUMMARY:A leading consulting firm just put out its annual report on the entertainment and media industry. Here’s some highlights, including ones that show why it’s a good time to be in the content business.

Herald brings in metered payment for digital content

June 7, 2013

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Fairfax Media is to introduce subscriptions for the digital versions of The Sydney Morning Herald and The Age next month, 18 years after the launch of the newspapers’ websites. From July 2, visitors to the websites smh.com.au and theage.com.au and their mobile versions will have free access to the first 30 articles they click each […]

New Zealand will be going behind a paywall

June 7, 2013

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Online Fairfax publications in New Zealand will be going behind a paywall, but when or how is still up for investigation, the news organisation’s head says. Acting managing director Andrew Boyle saidpaywalls here were only a matter of time. ‘‘We’ve seen enough offshore in other publishing operations and we will learn a great deal from what happens […]

Posted in: HYPERLOCAL, News-Trend

Fairfax to launch Australian website paywall next month

June 7, 2013

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Fairfax Media says it is hoping to replicate the success of its international digital subscription service when it launches a metered paywall in Australia next month. From July 2, visitors to The Age and Sydney Morning Herald websites will have free access to 30 articles each month. A metered subscription program will apply beyond that. […]

Posted in: HYPERLOCAL, News-Trend

Unsatisfied with Existing Paywall Options, Girls Chase Releases Its Own

June 7, 2013

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San Diego, CA (PRWEB) May 21, 2013 After exploring all the major options on the market last fall, the team at Girls Chase made a hard decision: the company would build its own paywall. And the results are just in: the paywall’s a flying success. “We’ve had hundreds of visitors sign up for subscriptions in […]

Posted in: HYPERLOCAL, News-Trend