And should the IMF gets its revised prediction spot on there'll be more blood on the boards of emerging markets. (Reversing fortunes to another crisis?: Reversing fortunes to another crisis? Financial Standard According to the...
In pivoting aggressively from print to local TV, Gannett Inc. and Tribune Co. are embracing a legacy media model that could be headed for the same audience fragmentation and economic dislocation as the newspaper businesses they are trying to escape.
As detailed here yesterday, the two iconic publishing brands have announced parallel, billion-plus acquisitions that will boost their local broadcast holdings at the same time they reduce their exposure to the fraying newspaper empires on which both companies were built. Going further, Tribune is seeking buyers for some or all of a publishing portfolio that includes such prominent brands as the Chicago Tribune and the Los Angeles Times.
The long-time newspaper publishers can’t be blamed for being attracted to broadcasting. Television generated a record $49.7 billion in local and national advertising sales in 2012, while newspaper advertising revenues – which have been sliding relentlessly for seven years – ended 2012 at less than half the all-time high of $49.4 billion hit in 2005.
Though the transactions planned by Gannett and Tribune clearly reflect their confidence in the continued health of broadcasting, a look at the collapse of the once-indomitable newspaper business suggests that TV, in due course, could suffer a similar fate. We’ll review the accumulating evidence in a moment. First, here is a quick review of what happened to newspapers:...
CLARENCE, N.Y. — Paul Marinaccio Sr. traces his fear of frogs to a childhood incident in Italy when a man holding bullfrogs chased him away after he'd wandered from the vineyard where his parents worked.
CBS News North Korea reportedly warns Japan it would target Tokyo first Fox News The warning reportedly is in response to Tokyo's standing orders to destroy any missile heading toward Japan, according to Korean Central News Agency.
When Lt Islam Bibi decided to join the small band of female police officers in Helmand, she expected death threats from the province's ruthless heroin traffickers and the Taliban. She didn't expect them from her own relatives as well.
MPs could be banned from claiming free dinners under plans to be announced by the Commons expenses regulator. (RT @GMPFederation: MPs expected to be told of controversial £10,000-a-year wage increase tomorrow...
From their OWN Mouth, in desperation and greed for fuel from Egypt. The Hamas Interior Minister spilled the beans on their TRUE Identity. It's been in history books, just no one bothers to go read anymore. I'm just glad that it's come out by this EGYPTIAN Palestinian Hamas Leader. Or should I say "Muslim Brotherhood", you know, the one that Barak Obama is in league with. Do you smell what I smell? The Obamanation coming soon to a Temple in Jerusalem.
Apparently, as of March 2012 there were 644,275,754 active websites (according to Business Insider) and you know the number has done nothing but rocket up since then. Someone has to go through and find the best, most interesting web content to make it easier on everyone else–but what does this have to do with technology? After all, DailyTekk IS a tech blog, right? Yes it is, and to me, great web content has everything to do with technology; as TechCrunch pointed out, the world is being eaten by technology to the point that all journalism is becoming tech journalism. Here’s another way to look at it: what good would your smartphone or tablet be if you had no good content to read, watch, interact with or play? You’re welcome.... Treasure chest of blogs to check out...
The White House on Friday released President Barack Obama and Vice President Joe Biden's tax returns. “Today, the President released his 2012 federal income tax returns,” White House press secretary Jay Carney wrote in ...
ABC News Calif. Suicide Victim's Family Wants Student Help ABC News The sheriff's office arrested three 16-year-old boys on Thursday in the 2012 attack. THIS IS A BREAKING NEWS UPDATE. Check back soon for further information.
The U.S.government may have awarded taxpayer-funded contracts to terrorists and those who support the insurgency in Afghanistan, according to an audit issued Thursday by the Special Inspector General for Afghanistan Reconstruction (SIGAR). ...
Around the same time the State Department was warning the public about the painful pinch from sequester cuts, it was also signing off on a $700,000 gardening contract at the home of a U.S. ambassador in Belgium, federal documents show.
NYU Law just announced the appointment of former Weather Underground member and convicted murderer Kathy Boudin as a scholar-in-residence. Michael Moynihan on the latest university appointment for former radicals.
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