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December 2002
  • Voter News Service Is in Danger of Dissolution
    The Voter News Service, a consortium of major news organizations that surveys voters, might be dissolved after it suffered an embarrassing loss of data in the recent elections. Source: New York Times, WWForums.com Discussion 12-30-02

  • Slow Holiday Sales
    Books, electronics and holiday sales in general were disappointing. Barnes & Noble has reduced its earnings outlook for the fourth quarter based on disappointing sales of books at its Barnes & Noble stores. Barnes & Noble expects sales will be flat to down 3 percent in the fourth quarter vs. the same period in 2001. Source: Statesman Journal 12-27-02

  • The Rising Cost of Books
    Why do books cost so much? Why are prices on new hardcovers above the $30 mark? Some of the factors involved include: paper costs, warehouse space, salaries for the publisher's staff, publicity, author's royalties, cuts to distributors and retailers and remaindered and returned books. Source: Salon.com, WWForums.com Discussion 12-25-02

  • The New York Press has been sold to an investor group and five employees, including the editor, were let go by the new owners -- about 10% of the staff. Source: New York Times 10-24-02

  • Google News Showcases Press Release
    Google News, a news site based on computer algorithms with no human editors, does not always select the most appropriate sources for its material. In one incident found by Marketwatch.com, Google News selected a press release for the top news item on its business section. Source: Marketwatch.com, WWForums.com Discussion 12-23-02

  • “Faux” Suggestions at Amazon
    In order to push its new clothing offers Amazon has been trying to convert book, music and dvd shoppers. On the sales pages for these products text links appear that say “Customers who shopped for this item also wear" and then it lists items from its apparel merchants. However, people who ordered the book, cd or dvd shown did not necessarily buy any clothes. An Amazon spokeswoman told the Wall Street Journal that the suggestions are “not based on the purchasing history” of Amazon customers. Source: Wall Street Journal 12-23-02

  • Manhattan's Madison Avenue Bookshop is closing on January 10th, 2003. Source: Publishers Weekly 12-23-02

  • Macmillans, the publisher of Jeffrey Archer's novels, denies claims that Archer's latest novel, Sons of Fortune, is full of factual errors as many reviewers have claimed. Source: BBC 12-23-02

  • Hated Pop-ups Add New Intrusive Method
    Some pop-up ads are now sending you to a new site when you move your cursor over the ad -- even if you do not click on it. News.com reported that many people found that these new features in pop-up ads "overstep the boundaries of an already intrusive and loathed form of Web advertising." Source: News.com, WWForums.com Discussion 12-20-02

  • Email Viruses Multiply
    Email viruses are now twice as common as they were a year ago. Source: News.com 12-16-02

  • Business Age magazine has ceased publication. The magazine's ten employees were let go. Source: The Guardian 12-16-02

  • Media Unspun, a subscription-based email newsletter published by Jimmy Guterman, is ceasing publication. Source: InternetNews.com 12-13-02

  • The Jewish Star Times is ceasing publication. The publication, which was started by the Miami Herald in 1999, has five employees. Souce: Miami Herald 12-13-02

  • AOL has started its lasted round of layoffs. There are expected to be hundreds of job cuts, most of them coming from AOL's Netscape unit. Source: CNN 12-10-02

  • Yahoo is cutting staff in its Broadcast and NetRoadShow units. The cuts will take place at Yahoo's Atlanta and Dallas offices. Yahoo also recently closed down its web hosting services division. Source: News.com 12-10-02

  • Is Blockbuster Fiction Going Bust?
    New books from big name authors like Stephen King, Tom Clancy and Michael Crichton are not selling as well as publishers were expecting. There could be a number of reasons for the drop in sales including the economy, less interest in these authors, competition from other mediums and expensive hardcover prices. Whatever the reason might be, the sales drop in from trusted bestsellers is troubling booksellers and publishers. Source: WWForums.com Discussion, Washingtonpost.com 12-9-02

  • Madster Ordered to Unplug Computers
    Madster, an online music file swapping service, has been ordered to unplug its computers by a Chicago federal judge. So far, the company has not complied with the judge's order. Source: Internet.com, ZDNet 12-9-02

  • Bad Reviews Not Easily Forgotten
    Bad news for authors. Unfortunately, people remember the bad reviews more than they remember the good ones. Source: The Guardian 12-9-02

  • AOL Job Cuts
    AOL Time Warner's America Online unit plans to cut $100 million in operating expenses. Hundreds of job cuts at AOL's headquarters in Virginia will be part of the plan. Source: Washingtonpost.com 12-6-02

  • Sheep Poetry
    If there wasn't already enough competition for poets, now sheep are creating their own poems. Source: BBC, WWForums.com discussion 12-4-02

  • AOL Expects Weak 2003 Revenues
    America Online says the ad slump will continue in 2003, at least for itself. AOL expects its revenues to drop by 50% in 2003. Source: BBC 12-3-02

  • Ads.com, a website which provided a database of television commercials, has closed. A note on the website reads, "We're sorry to announce that the Ads.com service is no longer available. Unfortunately, we weren't able to raise the funding necessary to continue providing the service." Source: Seattle Post-Intelligencer 12-3-02

  • Leader Publishing Group is ceasing publication of Business to Business magazine. Leader will merge the magazine in with its Catalyst magazine. Three jobs were eliminated. Source: Bizjournals.com 12-2-02

  • Newspaper readers skip local newspaper jobs and visit Monster.com for job listings instead, according to a recent study. One factor might be the design of the newspaper websites. Bob Jordan, co-chairman of International Demographics, said that "just finding the employment icon on some sites is difficult." Recruitment revenues, which have diminished the past couple years because of online competition and the weak economy, are extremely important to newspapers. Source: San Jose Business Journal 12-2-02

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