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Links 1 through 10 of 43 by Suw Charman-Anderson tagged economy

The Media Ratings Council approved a new pricing model for digital advertisements on September 29th that could shift the way advertising is sold and content is produced on the web. The display advertising industry is suffering from a supply problem. According to comScore, there were nearly 5. via Poc

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AP will announce Monday that it plans to use automation technology from a company called Automated Insights to produce stories about earnings reports. via Pocket

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Kevin: "An online database of more than 4000 Chinese leaders in government, politics, the military, education, business and the media."

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Kevin: University of Maryland study says Facebook has also added 182,000 jobs to the US economy.

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Kevin: Major UK local newspaper publisher Northcliffe fails to see a return to growth in 2010 and says that "it lacks visibility" (has no idea) when the division will fully recover. I wonder if this is just due to softness in the British economy outside of London and the southeast or whether this is down to a continuing decline in the sector.

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Kevin: Grim reading. "From its peak in 2005, newspaper ad revenue dropped 44.2 percent, from more than $49.4 billion to less than $27.6 billion last year. The last time advertisers spent less on newspapers was in 1986."

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Kevin: "Heaping criticism and scorn on media companies has worked well for Mike Masnick, operator of the popular blog Techdirt. Masnick is the firey commentator who blasts copyright owners and anyone else he believes has failed to accept that in the Digital Age most of the control now rests with consumers. He strongly maintains, however, that there are still ways for entertainers, artists, and journalists to make money. They just have to be developed." He's now working on experiments of whether content creators can make money by giving away content and seeking to generate revenue via alternate revenue streams.
"Instead of charging for his posts, Masnick offers fans a range of other items or services to purchase, such as a Techdirt T-shirt, spending a day with Masnick, or access to his stories before they're posted."

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The Norwich-based publisher Archant has announced a 61.1 per cent fall in operating profits for the year up to June 2009, despite a rise in digital

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Kevin: Will Bunch gives his thoughts on why newspapers didn't invent Google News. "The problem, Michael Nielsen argues, is not a story of failure but of success -- newspapers had developed an elaborate architeciture to do the things they did well, and making changes to adjust to Internet start-ups would have done more harm than good. ...To compete, a newspaper could lay off that award-winning photo talent -- but at what cost to morale, to the paper's brand name, and to its internal way of doing business?" I think the other problem is that newspapers still are rarely part of the link economy. Linking to other sources is still an anathema to many journalists.

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Kevin: Erik Sass at MediaPost says: "The lack of interest among creditors could be a good thing or a bad thing. On one hand, it may signal that creditors don't believe there is an immediate threat of McClatchy defaulting on its debt -- a rare vote of confidence in the beleaguered newspaper business. On the other hand, they may have quietly arranged insurance for their debts in the form of credit swap defaults, in which case, it would mean the opposite -- that they believe a default to be likely and are hoping to collect more money on their default insurance."

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