Newsday to charge USD 5 per week for online access
Newsday has announced that they would charge USD 5 per week for access to their website.
This would be applicable from next week.
Access to the service would be free for the customers of Cablevision Systems internet customers and people who subscribe to the newspaper.
Cablevision [...]
The New York Times is cutting around 100 jobs
Inside sources reveal that The New York Times is in the process of cutting around 100 jobs in its newsroom.
This comes to around 8% of their total journalism workforce.
The reason behind this job cut is simple… Financial woes. The revenues for newspapers and magazines are [...]
BusinessWeek to be acquired by Bloomberg
Bloomberg has won the bid to acquire BusinessWeek.
Bloomberg and BusinessWeek have not revealed the financial aspects of this acquisition deal.
They are expecting the deal to close by December this year.
Daniel L. Doctoroff, president of Bloomberg spoke about this acquisition deal: “The BusinessWeek acquisition will yield huge benefits for [...]
The Economist goes paid for online access
The Economist is the latest online magazine that is going paid.
The Economist team has alerted the readers that the content would be accessible only through a paid subscription starting October 13.
Wall Street Journal is the most popular online magazine that has paid only access to its online [...]
Sunday Times to be tested for paid access by News Corp
Market sources say that the British newspaper Sunday Times would become the test pad for the paid access service being planned by News Corp on all their news properties.
Sunday Times currently share their website with The Times daily.
News Corp would shift Sunday Times [...]
News Corp. to make all their news properties pay only access
News Corp. has announced that they are going to start charging for access to their news sites from next year.
The Rupert Murdoch owned media giant has been critical of free access to news information online since some time now.
This means, web users would have [...]
BusinessWeek might be next to be sold
BusinessWeek is a popular news media magazine.
However, it is struggling to generate enough revenues for the parent company McGraw-Hill.
McGraw-Hill has revealed that they are now exploring strategic options for BusinessWeek.
This could potentially result in the sale of this property.
BusinessWeek however is not alone. Almost every [...]
New York Times considering charging for online access
Bloomberg has reported that the US based news media giant New York Times is considering charging for online access to their news articles.
They have asked some of their print subscribers if they would be willing to pay a small fee to access the content online.
The charges could [...]
Google thought of acquiring a newspaper company!
Google chairman and chief executive officer Eric Schmidt has admitted that the company considered acquiring a newspaper company but dropped the idea at a later stage.
He said that they thought about using its charitable arm, Google.org to support news businesses.
However, the company is unlikely to take [...]
Tucson Citizen to close down print edition
Tucson Citizen is the Arizona’s oldest continuously published daily newspaper. The newspaper has now announced that they are ending their print edition.
They would continue to operate online though would lack news or sports coverage.
The web edition would just provide commentary and opinion.
The last edition would be printed today. [...]
