Daily Mail and General Trust media group is doubling the number of job cuts as advertising revenue for the first quarter of this year fell by 24% across its national newspaper division and 37% across its regional titles. Read more…
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Challenged about his claims, Lula responded: “I only record what I see in the press. I am not acquainted with a single black banker.”
The remarks by Lula, a former trade union leader who had an impoverished upbringing in the poor north-east of Brazil, enlivened Brown’s five-day trip to North and South America. This is designed to pave the way for a global agreement on how to tackle the global downturn at next week’s G20 summit in London, to be chaired by Brown. Read more…
Staff at the New York Times are facing an across-the-board pay cut of 5% as the paper struggles to adapt to a slump in advertising which has driven many US publications into a financial crisis.
The paper’s parent corporation, the New York Times Company, is imposing the temporary cut next month on staff at the NYT, the Boston Globe and at the group’s corporate headquarters. In return, employees will get an extra 10 days’ holiday this year. Read more…
Most Facebook users are over 25, according to new research from Inside Facebook, which adds the following intriguing stats: Read more…
A new Wikipedea-style project will rely on users to upload translations of blogs and newspaper articles
English translations of Arabic newspapers could soon be online. Read more…
There has been a significant jump in the popularity of social media websites over the past few years. With it has come a shift in the way that people search for information and how they share and consult opinions on the internet when making purchasing decisions. Read more…
In the meantime, we went back to see how this played out last time around - that is, whether the 2007 compensation for the chief executives of pure-play publicly traded digital-media companies moved in line with those companies’ stock-market performances for the year. It may surprise you (or not) that the answer, in many cases, is that it didn’t. Mel Karmazin, the chief executive of Sirius (NSDQ: SIRI), got a 23% jump in pay in 2007, pocketing more than $7m. Read more…
Minnie, Ena - and a few cans of Coca-Cola ... Coronation Street viewers will not have to endure scenes like this in the near future thanks to today
Product placement is banned on UK TV programmes but the government has been compelled to review this rule in the light of the European parliament’s 2007 directive on audiovisual media services, which gave the green light to limited product placement on TV and to the introduction of rules on ads in children’s programmes. Read more…
Commercial radio could die out within 15 to 20 years as advertising revenues dwindle, the MediaGuardian Changing Media Summit heard today. Read more…
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