Media links of the day
Posted by Hannah Vinter on February 10, 2012 at 11:18 AM
Sales of i have risen 47% year on year according to ABC figures reported by Press Gazette. This makes it the only UK national daily to have increased year on year circulation last month.
As PrimaComunicazione reported, there's also been some good news for the Italian newspaper market. Audipress, the national bureau tracking newspapers circulation, announced that daily papers' readership grew of the 3% between September and December 2011, compared to the period April-July.
As PrimaComunicazione reported, there's also been some good news for the Italian newspaper market. Audipress, the national bureau tracking newspapers circulation, announced that daily papers' readership grew of the 3% between September and December 2011, compared to the period April-July.
Nieman Lab reports that the Wall Street Journal has been using Instagram and Pinterest to cover New York fashion week. Pinterest, an increasingly popular, invitation-only social network, has a high proportion of young, female users.
Facebook has updated its format to give ads a more prominent position, writes BetaBeat.
For more industry news please see WAN-IFRA's Executive News Service
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WAN Global Media Jobs
Patch hires Chief Content Officer
Posted by Hannah Vinter on February 10, 2012 at 9:41 AM
AOL can be proud of The Huffington Post. The ever-expanding blogging and news aggregation platform opened up in France last month, and is soon set to launch in Spain and Italy as well.
But not all of AOL's media properties are such model children. In 2007 AOL founder Tim Armstrong co-founded the hyperlocal news network Patch, but the $145 million AOL has put into the company after purchasing it in 2009 has not yet been recuperated. In fact, according to Reuters, RBC Capital Markets analyst Ross Sandler estimates that Patch has made a total loss of $150 million. Business Insider estimated Patch's losses last December somewhere around $100 million.
Media analyist Ken Doctor, quoted by Reuters, assess the situation: "Patch is underperforming. It is halfway from where it needs to be in terms of revenue and user experience".
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More newsroom jobs going at Washington Post
Posted by Hannah Vinter on February 10, 2012 at 4:50 AM
By Brian Veseling
On 8 February, the same day that The Washington Post announced its fifth round of newsroom buyouts in the past several years, the Forbes website posted a long profile of Washington Post Chairman and CEO Donald E. Graham by Jeff Bercovici titled "Nice Guy, Finishing Last: How Don Graham Fumbled the Washington Post Co." that highlights a number of challenges and setbacks the company has suffered in recent years.
Among these are missed opportunities with Facebook and Politico, as well as major losses sustained from Newsweek (reportedly $40 million in the two years before the company sold it) and recent problems relating to its Kaplan education unit.
As all of these areas have suffered, so has the company's best known product, its namesake newspaper, which has seen circulation fall by 40% since 1995 (to just over 500,000).
For more on this story please see our sister publication www.editorsweblog.org
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Media links of the day
Posted by Hannah Vinter on February 9, 2012 at 11:46 AM
Hello iPad 3? All Things D writes that Apple is gearing up to launch its next iPad at the beginning of March.
AOL has hired Rachel Fishman as Chief Content Officer for its hyperlocal news network Patch, which has been struggling financially, reports Reuters.
The Guardian announces that its editor Alan Rusbridger has taken a voluntary 10% pay cut, and has asked the publisher of the newspaper to reduce the contributions it makes to his pension by 50%.
Poynter has published a career chat, asking what skills digital first news rooms are looking for.
For more industry news please see WAN-IFRA's Executive News Service
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