The Canadian Journalism Foundation will explore the challenges facing the news business in its upcoming J-Talk “Gutenberg’s Last Stand: Reinventing the Modern Newspaper.”This event takes place on October 18 at the TMX Broadcast Centre in Toronto and features editors of Canada’s leading newspapers.
In the United States, a movie trailer of uncertain origin is posted on YouTube, purporting to promote “Innocence of Muslims”. Though the trailer is an unbearably stupid, incredibly offensive portrayal of the Prophet Muhammad, with production values of a high-school parody, the trailer sets off a wave of anti-American violence in the Middle East.
Almost three years after the launch of the iPad, the latest mobile apps are starting to live up to their promise as publishing platforms for news media. The World Association of Newspapers and News Publishers (WAN-IFRA) is offering a rapid, one-stop opportunity for publishers and editors to hear about the latest in business strategy and product development to benefit their businesses.
The New York Times Company (NYSE: NYT) announced today the closing of the sale of its About Group, which includes the Web sites of About.com, ConsumerSearch.com and CalorieCount.com, to IAC (NASDAQ: IACI) for $300 million in cash, plus adjustments for working capital. The Company estimates the net after-tax proceeds from the sale will be approximately $290 million and plans to use the sale proceeds for general corporate purposes.
Media Group also bolsters business staff with new hire
The Newsweek Daily Beast Company LLC today announced the appointment of Baba Shetty as Chief Executive Officer. Mr. Shetty currently serves as Chief Strategy and Chief Media Officer at Boston-based advertising firm Hill Holliday where he leads brand planning, consumer research, content and media planning.
Media General, Inc. (NYSE: MEG) announced today that the Board of Directors has elected Wyndham Robertson as a new Class B director, effective immediately, returning to a position she held on Media General’s board from 1996 to 2005. Miss Robertson served on the Audit Committee during her prior tenure on the Media General board. She was recommended for reelection to the board by Berkshire Hathaway.
