Harvard University and the Massachusetts Institute of Technology (MIT) announced this week that each school would be investing $30 million (yep, that’s $60 million total) in creating free online education courses. As some of you may know, online education sites like Lynda.com and ArtistWorks.com are some of the hottest paid content niches out there. So… [Read more…]
June 2, 2012
Good news for paywall and subscription site execs: audience resistance to paywalls seems to be decreasing! According to a recent study of digital media professionals by DigiCareers, 42% said that they would research pricing if they hit a paywall, while 52% said they would immediately leave the site. While that’s not the most desirable number,… [Read more…]
June 2, 2012
DirecTV is saddled with rising program-licensing costs and slowing subscriber growth in the U.S., not to mention an obsolete one-way broadcast platform that lacks any broadband-delivery capability. But Sanford Bernstein senior analyst Craig Moffett says he’s turned bullish on the satellite TV service. And in a memo to media investors Thursday, he suggested the company’s… [Read more…]
June 1, 2012
La elección de Ricardo Kirschbaum fue por unanimidad de los miembros del board del Global Editors Network (GEN) y ratificada por la Asamblea General celebrada en el mediodía de hoy en Paris. En su discurso al pleno de delegados, en el magnifico Hotel de Ville de la capital francesa, el Editor de Clarín señaló que… [Read more…]
May 31, 2012
Worldwide mobile payment transactions will surpass $171.5 billion in 2012, up 62% from $106 million last year, according to a Gartner estimate. The number of mobile payment users will reach 212 million, up from 160 in 2011. Looking further out, global mobile transaction volume is projected to grow 42% annually between 2011 and 2016, leading… [Read more…]
May 31, 2012
The latest figures for the newspaper industry are in, and they show no evidence of a rebound or even stabilization in advertising revenues. According to the Newspaper Association of America, total ad revenues dropped 6.9% from $5.5 billion in the first quarter of 2011 to nearly $5.2 billion in the first quarter of 2012. This… [Read more…]
May 31, 2012
By Jessica Heslam and Christine McConville The New York Times [NYT] Co. plans to shut down the Boston Globe’s remaining suburban bureaus next month — another sign that the Big Apple company is setting the stage to sell the Hub broadsheet. An official within the Globe’s biggest union, the Boston Newspaper Guild, told the Herald… [Read more…]
May 31, 2012
News International has completed the sale of its Wapping site to the construction firm Berkeley Group for £150m. The 15-acre site – once home to the Sun, Times, Sunday Times, News of the World and News International’s printing presses – has been bought by St George, part of the Berkeley Group. The £150m will be… [Read more…]
May 30, 2012
Postmedia announced Monday it will cease publishing Sunday newspapers, including at the Calgary Hera , which will produce its final Sunday edition July 29, publisher Guy Huntingford said Monday. There were no layoffs announced at the Herald, but 20 newsroom positions were cut at the Ottawa Citizen. The Edmonton Journal and Ottawa Citizen will also… [Read more…]
May 28, 2012
Today’s news about the Media General/Berkshire Hathaway deal reveals just how dire things have become for our newspaper princes. Unable to turn its newspapers around, Media General has traded its print properties and a big chunk of its future value for $142 million in cash and enough financing to refocus its business on its television… [Read more…]
May 28, 2012
William Davis, Editor of the Bangor Daily News in Maine, USA, discusses how his 50,000-circulation daily newspaper moved from an outdated content management system (CMS) to using web-based tools that has improved its online efficiency. Mr Davis says that in the old way of doing things, the print CMS didn’t talk to the website or… [Read more…]
May 28, 2012
by Amanda Natividad The latest moves and hires in the digital media and tech industry… Huffington Post Media Group: AOL’s Janet Balis has been appointed publisher of the Huffington Post Media Group, and Moritz Loew has been named head of sales specialist and SVP. Balis, who was once EVP of media sales and marketing at… [Read more…]
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June 2, 2012
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