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December 2, 2008 10:20:32 PM CST

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7 Stories

Economic Crisis Translates to Bad News for Ethnic Media

Dip in advertising hits hard in print journalism's one bright spot

New America Media New America Media Oct 3, 08 4:00 PM CDT
(Newser) - Ethnic newspapers and magazines, until recently a bright spot in the gloomy print-journalism industry, are feeling the pain of the economic crisis, New America Media reports. Ethnic publications rely on ads from local businesses—like real estate brokers—and as their business goes downhill, so do the papers'. “I still have eight pages for that section," one editor said. "Before, I had 20 pages.” More »

More about:  publishing • magazine • Southern California • American media • newspapers • advertising sales • ethnic diversity

 NBC's Olympic Ad Sales Lag   

Network up to $300M behind targets as protest fears, economy slow demand

New York Post New York Post Jun 4, 08 2:19 PM CDT
(Newser) - With the Beijing Games just more than two months away, NBC is still well short of Olympics advertising sales goals, the New York Post reports. Though the network says sales are strong, sources say it's between $150 million and $300 million off, with pro-Tibet protests and the slow economy keeping advertisers on the sidelines ahead of the Aug. 8 opening ceremonies. More »

More about:  China • 2008 Beijing Olympics • advertising • NBC • Olympic Games • TV networks • advertising sales

 Surprise, Webheads:
 Newspaper Sales Are Up 

Worldwide, that is—not in the US and Europe

Associated Press Associated Press Jun 2, 08 8:00 PM CDT
(Newser) - Newspaper circulation is up worldwide despite slipping numbers in the US and Europe, the AP reports. Officials at a worldwide newspaper conference said today that India and China are leading the 2.6% increase, thanks to higher literacy, incomes, and more leisure time. "They say newspapers and print are dead," one official said. "Well, I just don't see it." More »

More about:  Internet • newspaper • Associated Press • advertising sales • online newspapers • circulation

EARNINGS REPORT

Rosy Q1 for Google 

Search giant profits up 30% as international ad business takes off

Bloomberg Bloomberg Apr 17, 08 5:45 PM CDT
(Newser) - Google reported a 30% increase in first-quarter profits today, bettering analysts’ predictions and sending share prices up 17%, Bloomberg reports. Forecasters had assumed that growth in domestic advertising clicks would slow, but Google said it “remains healthy;” a 55% increase in international ad sales gave the search giant the bump it needed to exceed expectations. More »

More about:  Google • Wall Street • ad revenue • quarterly profits • share price • advertising sales • foreign currency

 Atlantic Denies Going Tabloid 

Spears cover story raises eyebrows among loyal readers

Advertising Age Advertising Age Mar 12, 08 4:59 PM CDT
(Newser) - Loyal Atlantic subscribers are in for a shock: Britney Spears graces the April cover. Though the magazine has showcased Marilyn Monroe and Humphrey Bogart, the prime real estate granted to the pop-tart has some questioning the effect dropping advertising and newsstand sales are having on the venerable journal's direction—and how such changes affect other magazines on the remake. More »

More about:  Britney Spears • advertising • media • magazine • ad revenue • magazine industry • print journalism • advertising sales • The Atlantic

As AOL Looks for Answers, Time Warner Hopes for Deal

The parent of the struggling Internet giant says AOL needs a partner

New York Times New York Times Mar 12, 08 1:08 PM CDT
(Newser) - AOL’s efforts at launching an Internet ad-sales business—dubbed Platform A—continue to stumble, the New York Times reports. Parent Time Warner Monday fired another exec and yesterday said it’s willing to combine AOL with another company to jump-start the moribund division it’s already spent $1 billion on. Ex-AOLers say the one-time Internet giant is self-destructing. More »

More about:  Internet • Google • Microsoft • Yahoo • AOL • Time Warner • advertising sales • Jeffrey Bewkes • dial-up Internet • spinoff

Facebook Poaches COO From Google

Social networking site recruits big gun
to stem growing pains

Wall Street Journal Wall Street Journal Mar 4, 08 3:35 PM CST
(Newser) - Facebook has hired the Google VP who handles virtually all advertising sales in a bid to ease the hiccups the rapidly expanding networking site is encountering. New COO Sheryl Sandberg, one of Silicon Valley's top female execs, denied that Google's plummeting stock price motivated the move, the Wall Street Journal reports. More »

More about:  Google • Facebook • online advertising • Silicon Valley • Mark Zuckerberg • advertising sales • Sheryl Sandberg

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