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For the first time, European readership of free dailies has gone down. At the end of 2007 it was 27,300,000 - now it's 27,000,000.

The decline is not significant, but is it a sign of a new trend?

World circulation is still up by 2%, largely because of launches in South America and Asia.

Source: Newspaper Innovation

When it launches in 2009,  Global News will "provide the broadest global coverage of any U.S.-based news organization, second only to the Associated Press Consortium", according to its press release. The service is billing itself as the first fully web-based news organization.

It is positioning itself to plug the gap left by the cuts made to foreign and in-depth reporting. Global News will not be a wire service, it will offer, "the "who-what-when-where" of a breaking story"

It will offer clients customized, co-branded coverage from GNE correspondents, in-depth Sunday/weekend pieces, multimedia context for major stories and regional events, a private daybook of international story planning, and a co-branded "foreign desk" 24/7 box with links on client's website. It will be focused on the America market, providing news and analysis from what it calls, "an unashamedly American perspective."

Global News reports that its pricing structure will be competitive, but no set figures are as yet available.

The service will also take advantage of the latest video technology to offer a broad array of video reports from its correspondents, as well as from other international journalists with whom Global News will contract.

Source: Global News Enterprises