From News & Tech | Sun-Times Media announced on Tuesday the creation of a new business operation called STM Digital, which will have responsibility for all Sun-Times Media online, mobile and other digital content publication and advertising businesses.
Inside these posts: Digital daily newspaper
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Wall Street Journal says print, digital revenue up
From The New York Times | The Wall Street Journal says its revenue climbed 17 percent in the period since June.
The news bucks the overall downward trend in the newspaper business. Even print advertising revenue, which has been in steep decline at most newspapers for the past few years, grew more than 21 percent at the Journal.
New York Times expects 3Q loss, lower revenue
The New York Times Co. said Wednesday it expects to show a loss for the third quarter, with newspaper advertising still in decline.
Unlike the prior quarter, the Times Co. said that growth in digital ad sales will not make up for declines on the print side. Making matters worse, the company expects a drop in revenue from subscription and newsstand sales. Get the full story »
Aug. 13, 2010 at 3:25 p.m.
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Filed under: Cell phones, Computers, Media, Newspapers, Technology, Wireless News Corp. developing daily newspaper for tablets
News Corp. Chief Executive Rupert Murdoch is embarking on an ambitious plan for a new national digital newspaper to be distributed exclusively as paid content for tablet computers such as Apple Inc.’s iPad and mobile phones.
The initiative, which would directly compete with the New York Times, USA Today and other national publications, is the latest attempt by a major media organization to harness sexy new devices to reach readers who increasingly consume their news on the go. The development underscores how the iPad is transforming reading habits much like the iPod changed how people listen to music.
