2/25/2005 - Daily Print Media Business News:
International Print Media News:
2/25/05 - CanWest CEO prefers to buy, not sell in Australia:
TORONTO, - Canada's CanWest Global Communications Corp. (CGSnv.TO) is more likely to buy than sell Australian media assets, but would be obliged to look at a strong offer for its Ten Network stake, chief executive Leonard Asper said on Thursday.
reuters
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh85548_2005-02-24_21-02-33_n24722910_newsml
2/25/05 - Bans over fake magazine ad sales:
A "DELIBERATELY dishonest" couple who tricked businesses into buying advertisements in bogus magazines were banned today from the publishing and advertising industries. Michael Geoffrey Oliver and wife Samantha Jansie Oliver published the National Police Bulletin and the Statewide Fire Fighters through their company Australasian Publications and Advertising Pty Ltd from 1999 to 2002.
the australian
http://www.theaustralian.news.com.au/common/story_page/0,5744,12367895%255E1702,00.html
2/25/05 - Chinese in Greece acquire their own own local newspaper in Mandarin:
Nan Wu Shinbao — or South Europe Times — comes out every two weeks in Athens Nan Wu Shinbao, the first Chinese newspaper in Greece, has a circulation of 2,000, costs 2 euros and even includes a guide to filling out ‘Lotto’ forms.
kathimerini
http://www.ekathimerini.com/4dcgi/news/ell__KathiLev&xml/&aspKath/ell.asp?fdate=25/02/2005
2/25/05 - Germany shuts down Islamist newspaper:
BERLIN - Germany closed down on Friday a Turkish-language Islamist daily newspaper that has denied the Holocaust. Interior Minister Otto Schily put a banning order on the Yeni Akit publishing house, which brings out the European edition of Anadoluda Vakit. The title means "the times in Anatolia". Prosecutors have been collecting evidence against the newspaper for months.
expatica
http://www.expatica.com/source/site_article.asp?subchannel_id=26&story_id=17372&name=Germany+shuts+down+Islamist+newspaper+
2/25/05 - Sambhaav to hit city stands in tabloid avataar on March 12:
Deciding to discontinue publishing of its morning newspaper Sambhaav, the Sambhaav Group of Newspapers, has decided to relaunch the broadsheet newspaper as a tabloid. Named Sambhaav Metro, the new tabloid, will hit the stands in Ahmedabad on March 12.
business standard
http://www.business-standard.com/iceworld/storypage.php?chklogin=&autono=181677&leftnm=lmnu9&leftindx=9&lselect=4
2/25/05 - Post Publishing's profits soar by 93%:
Post Publishing Plc, the publisher of the Bangkok Post and Post Today dailies, reported 2004 net profits of 194.18 million baht, up 93% from the previous year. Earnings per share for 2004 were 0.39 baht, compared with 0.20 baht the previous year.
bangkok post
http://www.bangkokpost.com/Business/25Feb2005_biz63.php
National Print Media News:
2/25/05 -Life & Style Weekly Named 2004 Magazine Launch of the Year:
ENGLEWOOD CLIFFS, N.J. -- Life & Style Weekly, the weekly style authority, has been named the 2004 "Magazine Launch of the Year" according to Samir Husni's Guide to New Magazines, 20th Anniversary Edition 2005.
business wire
http://biz.yahoo.com/bw/050225/255106_1.html
2/25/05 - Washington Post profit up on education, TV units:
NEW YORK, - Washington Post Co. (WPO.N) on Friday said quarterly profit jumped 21 percent on big revenue gains at its Kaplan education unit and increased advertising at its television stations.
reuters
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh99475_2005-02-25_13-58-58_n25416678_newsml
2/25/05 - NYTimes sees March closing for Metro Boston deal:
NEW YORK, - The New York Times Co. (NYT.N) said in a regulatory filing on Thursday it expects to complete its agreement to buy a stake in free commuter daily Metro Boston next month -- a deal that has drawn antitrust protests from the rival Boston Herald.
reuters
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh86795_2005-02-24_21-50-31_n24191_newsml
2/25/05 - Los Angeles Times Completes Color Expansion Project, Increases Color Ad Capacity by 33 Percent:
LOS ANGELES, -- With the completion of a $46 million color press expansion project, the Los Angeles Times now offers advertisers more color advertising positions than any newspaper in Southern California.
pr newswire
http://biz.yahoo.com/prnews/050224/lath105_1.html
2/25/05 - New York Magazine to List New York Area's Best Lawyers(R) in Special Advertising Section:
NEW YORK, -- The New York area's best lawyers, as determined by a peer review survey conducted by The Best Lawyers in America(R) will be showcased in a special advertising section to run at least 70 pages in New York Magazine on stands July 25, 2005.
pr newswire
http://biz.yahoo.com/prnews/050224/dcth025_1.html
2/25/05 - CFO Magazine Launches Human Capital Special Issue:
BOSTON--CFO, the magazine for finance executives, today launched its first special issue dedicated to the topics of human capital management and employee benefits. CFO Human Capital discusses the crisis that many companies face due to the exploding cost of providing health-care and retirement benefits -- health-care costs alone soared to over $330 billion last year.
business wire
http://biz.yahoo.com/bw/050224/245474_1.html
2/25/05 - U.S. newspapers posted more help-wanted ads in Jan:
NEW YORK, - The number of help-wanted ads in U.S. newspapers rose in January, a private research group said on Thursday with the largest increases in the Mountain and West South Central regions.
reuters
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh77740_2005-02-24_15-00-18_nat001416_newsml
2/25/05 - Washington Post 4Q profit up 21 percent:
... The company said print advertising revenue at its flagship Washington Post newspaper grew 9 percent to $170.2 million from $155.9 million for the quarter ...
businessweek
http://www.businessweek.com/ap/financialnews/D88FIT580.htm
2/25/05 - washingtonpost.com, Nielsen/NetRatings and Scarborough Study Shows Rapid Growth in Online News Consumption:
ARLINGTON, Va., -- A national segmentation study conducted by washingtonpost.com in partnership with Nielsen/NetRatings and Scarborough has found that a rapidly growing number of Americans are increasing their use of online sources for news and information at the expense of other media.
pr newswire
http://biz.yahoo.com/prnews/050224/dcth049_1.html
2/25/05 - The US Postal Service sent out 350,000 copies of a custom 32-page bi-monthly magazine titled Deliver...:
The US Postal Service sent out 350,000 copies of a custom 32-page bi-monthly magazine titled Deliver to a targeted circulation of CEOs, corporate marketers and their creative agencies. The new title focuses on the power of direct mail and the editorial targets corporate marketers at companies such as Procter & Gamble, Coca-Cola, Home Depot, and WPP Group’s Ogilvy & Mather.
circulation management
http://www.circman.com/Circulation_Management.445+M56c4086f0c2.0.html?&tx_ttnews%5btt_news%5d=145
2/25/05 - Newspaper publishers are down, but not out, says Gregory Church.:
Circulation is falling, readers are aging and new-media rivals are stealing their ad revenues. It's no wonder shares of leading newspaper publishers are near 52-week lows. But it's too early to write an obit for the newspaper sector, said Gregory Church of Church Capital Management. "These newspapers tend to be very monopolistic, so they have some real advantages," he said Tuesday on CNBC's "Squawk Box." "They throw off tremendous cash flow, a lot of free cash flow, and they're steady earners."
msn money
http://moneycentral.msn.com/content/CNBCTV/Articles/StockPicks/P110342.asp
2/25/05 - Raleigh Newspaper Introducing Durham Publication On Saturdays:
RALEIGH, N.C. -- The newspaper competition is heating up in the Bull City. The Durham Herald Sun has been the dominant hometown newspaper for the last 100 years. But the paper is about to get some company. Next week the News and Observer makes a bold move -- it's launching a new paper, The Durham News.
wral
http://www.wral.com/news/4231813/detail.html
2/25/05 - S.F. Law Firm Claims Dell Ads Are Deceptive:
DALLAS Dell became the nation's largest seller of personal computers through a customized ordering process that now faces a class-action lawsuit claiming the company used deceptive advertising and bait-and-switch tactics. The lawsuit, filed in San Francisco by the firm Lerach Coughlin Stoia Geller Rudman & Robbins, names Dell and its finance partner CIT Bank, claiming they are "systematically deceiving customers who buy Dell products." ...With $50 billion in revenue, Dell spends $300 million annually on TV, print and Internet advertising, according to the law firm. DDB Chicago is Dell's lead agency, with other shops working on pieces of the account.
adweek
http://www.adweek.com/aw/regional/west/article_display.jsp?vnu_content_id=1000817408
2/25/05 - Sports Illustrated Introduces Spanish-language Edition:
Time Inc. will launch Sports Illustrated Latino in April, with the first of three controlled issues this year.
portada-online
http://portada-online.com/productdetails.aspx?productID=1232&cid=1
2/25/05 - Russia, China, U.S. Get New Magazines:
The magazine business can expect several launches in Russia, China and the United States in the next few months.
Meredith Corp. partnered with Chinese publisher SEEC Media to introduce Better Homes and Gardens. The multiyear licensing deal gives SEEC the right to publish and distribute Meredith's flagship in China, Hong Kong, Taiwan and Singapore.
dm news
http://dmnews.com/cgi-bin/artprevbot.cgi?article_id=31946
2/25/05 - Ad Changes Ahead for Controversial Drugs:
NEW YORK -- Ad executives and drug company officials say changes in advertising strategies are almost a certainty in the wake of the Vioxx and Celebrex news and new studies showing a consumer backlash.
ny newsday
http://www.nynewsday.com/business/sns-ap-pharmaceutical-ad-changes,0,6746101.story?coll=nyc-business-headlines
2/25/05 - Lee Declares Quarterly Dividend:
NEW YORK The board of directors at Lee Enterprises announced a quarterly cash dividend of $.18 per share payable on April 1 to stockholders of record as of March 1, 2005.
editor & publisher
http://www.editorandpublisher.com/eandp/departments/business/article_display.jsp?vnu_content_id=1000816789
2/25/05 - Magazine Rack: Trader Monthly
ATTEMPTING TO FIND out a bit more about Trader Monthly before delving into the February/March issue, I put on my reporter hat (a teal fedora) and sent a query to a friend in the banking business. He passed it along to one of his trader buddies, who sent back the following response: "I read it and I absolutely love it. It is a complete joke, but it makes me laugh."
media post
http://publications.mediapost.com/index.cfm?fuseaction=Articles.showArticleHomePage&art_aid=27574
2/25/05 - New mag on NY homes:
New York Home, a luxury-focused shelter and design magazine, will debut on newsstands in May and also go out to a preselected audience of design aficionados and architects. Publisher Suzanne Tron, who's the former publisher of Architecture magazine, said New York Home will come out every other month. It'll focus on upscale neighborhoods in the city and nearby suburbs.
ny daily news
http://www.nydailynews.com/business/col/story/284154p-243440c.html
2/25/05 - 1000 Plus New Mags Launched in 2004:
CAN the industry stand all this good news in one week? Fresh from a report that the Magazine Publishers of America is kicking off a three-year, $40 million ad campaign comes boffo news on the start-up front: the number of new magazines blasted through the 1,000 barrier last year — the first time since '98 when launches hit 1,065. In 2004, there were 1,006 launches, according to the soon-to-be-released "Samir Husni's Guide to New Magazines."
ny post
http://nypost.com/business/41196.htm
2/25/05 - Media ownership rules argued:
Denver Post publisher William Dean Singleton would like to purchase a local TV station and radio station, which he claims would improve local news coverage by sharing resources. Consumer advocate Chellie Pingree cautions that such cross-ownership of media sources could stifle diversity of opinion.
denver post
http://www.denverpost.com/Stories/0,1413,36~33~2731378,00.html
2/25/05 - Disney names publisher, editor for Wondertime:
Manhattan-based Disney Publishing Worldwide named David Mevorah and Lisa Stiepock to the newly-created positions of publisher and editor, respectively, of Wondertime, a parenting magazine slated to launch in early 2006. Mr. Mevorah was previously publisher of Gruner & Jahr's Child magazine, orchestrating that title's re-launch in 2001. He also served as national advertising director for Primedia's Healthy Kids, as well as its American Baby and Healthy Kids television programs.
crain's ny
http://www.crainsny.com/news.cms?id=10006
2/25/05 - For Me to launch as monthly:
Hachette Filipacchi Media named Ellen Breslau as editor of For Me, the publisher's newest lifestyle magazine aimed at women in their 20s and 30s. Ms. Breslau oversaw the magazine's inaugural issue--450,000 copies of which hit newsstands last November. Hachette Filipacchi said strong reader response to that issue prompted it to make the magazine into a monthly with a distribution of 600,000 copies. The second issue will come out in April.
crain's ny
http://newyorkbusiness.com/news.cms?newsId=10008
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