• December 02.2008

Results matching “us billionaire”

25 result(s) displayed (1 - 25 of 34):

US: New York Times spoof grabs headlines around the world

Posted by Rosemary D'Amour on November 13, 2008 at 3:28 PM
The "spoof" version of Wednesday's New York Times had big headlines, the end of the Iraq war and growth for the economy - not to mention it was free - and it is now making big headlines around the world.
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The paper, dated July 4, 2009, was not meant as a humorous hoax, the organization behind the prank said, and instead wanted to push progressive politics and remind politicians to keep their campaign promises.


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US: Free daily takes unusual step by endorsing Presidential candidate

Posted by Katherine Thompson on September 29, 2008 at 12:37 PM
The US free daily, The Examiner, which is owned by billionaire right-winger Philip Anshutz, has taken his newspaper into unusual territory by endorsing presidential candidate John McCain.

Free dailies do not usually endorse candidates or wade into murky political waters as they are trying to appeal to the widest possible audience.

The free daily featured a picture of McCain and Sarah Palin on its front cover and, in emotive language, put its support behind the Republican candidate. The Washington Examiner has endorsed McCain.

Source: Newspaper Innovation
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US Metro up for sale

Posted by Barbara Nguyen on January 16, 2008 at 12:46 PM
The end has indeed come for Metro freesheets’ three American titles, Metro Boston, Metro New York, and Metro Philadelphia. Metro International S.A., the worldwide publisher of the free daily newspapers, has opened up bidding on the US titles, according to an executive briefed on the deal.


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Newspaper sites’ unpaid bloggers may be more trouble than they are worth

Posted by Evan Fell on December 10, 2007 at 12:03 PM
User-generated content is described by SFWeekly.com’s Matt Smith as “getting people to write for free.” UGC blogs, which are usually not edited, could cause more problems for newspapers than they are worth.


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Concerned shareholders put pressure on the Independent Group

Posted by Mica Swyers on June 18, 2007 at 11:48 AM
Shareholder concerns may mean changes for Independent News & Media in both South Africa and the UK.  Examination of CEO and principal shareholder Tony O’Reilly and pressure to sell the UK’s The Independent are both attempts by shareholders to improve stock performance.


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Ron Burkle provides competition for Rupert Murdoch in Dow Jones bid

Posted by Ben Thalman on June 6, 2007 at 9:52 AM

According to a union official, Ron Burkle, a Los Angeles billionaire, said that he is interested in working with the Independent Association of Publishers’ Employees (IAPE) to formulate an offer for Dow Jones & Co., directly competing with Rupert Murdoch’s News Corp. 


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US: Zell sees a future for "relevant" newspapers

Posted by Lindsay Berrigan on April 5, 2007 at 10:11 AM
Real-estate billionaire Sam Zell, set to control Tribune Co. if all goes through with this week’s deal, believes newspapers have plenty of profitable life left, as long as they produce quality “truthful and relevant” content.


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US: Examiner walks the line between broadsheet and tabloid

Posted by Lindsay Berrigan on March 28, 2007 at 3:01 PM
The American Journalism Review recently took a look at the Examiner free daily’s editorial model as the paper tries to hone itself as a solid journalistic endeavor while remaining a quick read.


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Warren Buffet warns newspaper chasers

Posted by Jean Yves Chainon on March 2, 2007 at 3:52 PM
Multi-billionaire Warren Buffet, in a letter to his investors, gives a gloomy warning about the newspaper industry, for which he believes “eroding fundamentals will overwhelm managerial brilliance.”


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Journalism: born by citizens?

Posted by Jean Yves Chainon on February 2, 2007 at 11:25 AM
Media Life reported on the Forum, a citizen-produced newspaper in small town Deerfield, New Hampshire. Even more significant than the paper though, is the rather reassuring knowledge that citizens still want to be informed, and are ready to do the journalism work themselves if need be.


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US: Chandlers extend bid on Tribune

Posted by Jean Yves Chainon on February 2, 2007 at 10:38 AM
The Chandler family, Tribune Co.’s largest shareholder, has extended the deadline on its buyout offer indefinitely, after none of the initial bids seemed to make a clear cut. Analysts wonder if more time will change anything.


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US: Houston Chronicle editor leaves for free Examiner

Posted by Jean Yves Chainon on January 30, 2007 at 10:32 AM
Stephen G. Smith, former head of the Houston Chronicle’s Washington Bureau, is leaving in order to become editor for the Washington Examiner, a two-year-old freesheet. Just why?


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Russia: Government-friendly company to buy yet another media outlet

Posted by Elena Perotti on November 23, 2006 at 5:55 PM
Gazprom Media, a division of state-owned gas producer Gazprom, persists in its newspaper shopping activity. This months objective is Komsomolskaya Pravda, one the most widely read newspapers in Russia. “Gazprom Media is in the process of striking a deal”, said sspokeswoman Irina Zenkova. Komsomolskaya Pravda has a circulation of about 800,000 copies, and its readership is said to exceed 2,000,000.


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Russia: oligarchs building new media empires

Posted by Bertrand Pecquerie on November 17, 2006 at 12:08 PM

According to BBC Monitoring, Pro-Putin oligarch Vladimir Potanin, owner of the Prof-Media holding who in the past focused on ownership of print media and avoided TV and the internet, is reversing strategy, selling off his main newspapers and buying TV channels and websites.

Since early 2006, he has bought three small TV channels and in late October bought the big Rambler Media company, which owns the prominent internet news site Lenta.ru and the popular search engine Rambler.ru.


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US: Post-Baquet depression in LAT newsroom

Posted by Allie Judson on November 9, 2006 at 1:37 PM
Los Angeles Times Editor Dean Baquet is leaving the paper due to recent pressure from the Tribune Co. after he refused to cut more jobs at the paper. The final straw apparently came from Baquet’s speech given at the recent APME conference in New Orleans where he publicly urged editors to stop job cuts. Though Tribune Co. might be happy with the resignations, it doesn’t seem executives weren’t thinking about staff morale when making this decision.


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Australia: Independent makes takeover approach for APN

Posted by Rory Satran on October 27, 2006 at 10:05 AM

Tony O'Reilly's Independent News and Media has made a takeover approach for Australia's APN News and Media, the country's fourth largest newspaper publishing company.  Irish billionaire O'Reilly already owns a 40% stake in the company down under.  Independent has reportedly joined forces with private equity firms to offer A$6.02 per share.  APN is valued at A$2.76 billion.



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Israel: free paper losing money

Posted by Elena Perotti on September 7, 2006 at 10:45 AM

Free newspaper HaYisraeli is allegedly losing heavily. Sources in the media market sustain that in the coming three years the paper will need investments for the same amount it cost to date, what would be about 30 million dollars.


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Russia: Kremlin creeps closer to media domination?

Posted by Elena Perotti on September 1, 2006 at 12:48 PM

Metals magnate Alisher Usmanov has acquired ZAO Kommersant Publishing House for allegedly $200 million. Several sources suggest that the Kremlin might be behind the deal.


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Europe: free papers still growing

Posted by John Burke on July 10, 2006 at 3:13 PM
It's no secret that free papers have been expanding exponentially across the European newspaper market for several years, already comprising close to 20% of total newspaper distribution in a number of countries and over 50% in Spain and 75% in Iceland while causing an uproar in Germany. Most recently, the success of freesheets has caused a war in London and a practice that began in America with the freely distributed Examiner is about to arrive in Denmark.


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Murdoch may sell local US stations to buy back stock

Posted by Maddie Hanna on June 30, 2006 at 12:03 PM
Rupert Murdoch has plans to sell several of News Corp’s local US television stations in order to buy back an 18 percent shareholder stake from billionaire John Malone, The Australian reported Thursday.


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More bidders for McClatchy Co. newspaper sales

Posted by Diana Epstein on March 17, 2006 at 12:30 PM

Ron Burkle, billionaire supermarket magnate and wide-range investor, will bid on the 12 papers McClatchy Co. is planning to sell (see former posting). Burkle, head of investment firm Yucaipa Cos. of Los Angeles, will bid on behalf of Yucaipa Cos., a union representing many of the intended to be sold newspapers’ workers.


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