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June 2005
Yahoo! Editor Says Mainstream Media Created Distrust
Journalism.co.uk reports that a Yahoo! editor says the mainstream media is losing viewers because its audience no longer trusts them. At a recent conference Yahoo! UK editor Simon Hinde explained why he thinks the mainstream media is alienating young people.
The idea of personally-edited news caused some discomfort among most of the panel. Sue Brooks of APTN said it was 'worrying' that young people preferred the internet as their main source of news. Mr Hinde said that the news industry had contributed to that trend by alienating young people.
"Young people are leaving newspapers in droves because print news isn't trustworthy," he said.
"It's vanity on the part of newspapers to push a particular political view. Facts are distorted to fit a particular view of the world and they don't give a dispassionate view of events."
Posted on June 28, 2005
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Print Newspapers to Slowly Disappear
Jon Fine at BusinessWeek has written an article about the continuing story of the imminent doom of newspapers. Fine points out the many threats to newspapers, but says it will take a little while for print newspapers to completely disappear.
No medium disappears quickly, and it will be a while before rusting newspaper boxes creak vacantly in the breeze. Newspaper companies now pursue digital deals. Recently, Gannett (GCI ) acquired online ad tech provider PointRoll, and E.W. Scripps (SSP ) snagged comparison shopping service Shopzilla. Diversifying means snapping up Web outfits -- and therein lies an unpleasant reminder. Newspapers are cockroaches. But the Net's starting to resemble Black Flag.
Posted on June 25, 2005
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Desert-Mountain Times to Cease Publication
The Desert-Mountain Times will cease publication on June 30, 2005. Publishers and owner Kay Taylor-Burnett made the announcement:
Burnett, who began organizing the newspaper in August of 2003, said that an assessment of the economic reality of publishing the paper led to her decision. The first issue was printed on Oct. 16, 2003.
"It is with deep regret that I announce the shut down of The Desert-Mountain Times," she said.
"I have tried everything I know to do to make this work. My heart, the talents of a gifted staff and a great deal of money have been poured into the effort to produce a quality weekly newspaper for Far West Texas."
Posted on June 24, 2005
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Worst Hollywood Slump in 20 Years
Batman Begins dominated at the box office but its $46.9 million box office draw was not enough to keep Hollywood from falling into the worst slump in twenty years. The Associated Press has more on the slump:
Batman Begins debuted as the top movie with $46.9 million, while overall movie revenues skidded for the 17th-straight weekend, tying a slide in 1985 that had been the longest box-office decline since analysts began keeping detailed records on movie grosses.
The top 12 movies took in $128.5 million, down 1.6 percent from the same weekend in 2004, according to studio estimates Sunday.
It sounds like more people really are watching movies at home
Posted on June 22, 2005
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L.A. Times Wikitorial Last Just Three Days
The Associated Press reports that the L.A. Times wikitorial plan ended after just three days. The L.A. Times wikitorials were developed as editorial pages that can be edited by visitors to the latimes.com website. Unfortunately, the wikitorial feature had to be removed after it was filled with profanity and pornography. A note on the Times' editorial page explains what happened to the now missing wikitorial:
Unfortunately, we have had to remove this feature, at least temporarily, because a few readers were flooding the site with inappropriate material.
Thanks and apologies to the thousands of people who logged on in the right spirit.
(Via HowToWeb.com)
Posted on June 21, 2005
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73% of Americans Prefer Home Movie Viewing Over Theater
A recent Ipsos telephone poll conducted for the Associated Press and AOL has found that more people prefer to watch a movie at home on DVD than go to the theatre. 73% of Americans said they would prefer to stay home and watch movies on VCR, DVD or pay-per-view. Only 22% said they prefer to view films at the theater. Young adults, singles and people with college degrees were more likely to prefer the theater according to the study. An Associated Press article has more of the grim box office details.
Posted on June 17, 2005
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Public Confidence in Media Hits New Low
The public's confidence in the media continues to fall. Editor & Publisher is reporting that a poll has found people's confidence in the media has dropped to a record low.
Those having a "great deal" or "quite a lot" of confidence in newspapers dipped from 30% to 28% in one year, the same total for television. The previous low for newspapers was 29% in 1994. Since 2000, confidence in newspapers has declined from 37% to 28%, and TV from 36% to 28%, according to the poll.
Posted on June 11, 2005
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Newspapers Losing Money to Google and Yahoo
The Media Post reports that growing advertising revenues at Google and Yahoo is draining revenues that usually come to newspapers.
Google and Yahoo! combined generated $6.5 billion in total revenue last year, compared to a total of $60 billion by the 10 largest companies (Reed Elsevier, Thomson, Gannett, Pearson, Tribune, Reuters, McGraw-Hill, VNU, Wolters Kluwer, and the Daily Mail and General Trust) according to Outsell's analysis. But when it comes to new revenue, Google and Yahoo! also have generated $4 billion--the same amount as the 10 largest companies combined.
Posted on June 3, 2005
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