Google announced Wednesday it would provide 27 million euros ($29.7 million) to 128 news organisations in Europe as part of its "Digital News Initiative."
News Corp. said Thursday it was selling its money-losing education unit Amplify to a management team supported by private investors.
Suddenly the online news business is red-hot. Money is flowing into digital news ventures at an unprecedented pace, as investors anticipate an accelerating shift away from traditional media, and new ways to generate revenue ...
News site Gawker Media employees say they have voted to join the Writers Guild of America, making it the first digital media outlet to organize.
Mashable, a news website focused on technology and entertainment, said Thursday it raised $17 million in capital led by Time Warner Investments, to help fuel expansion plans.
News Corp. says it has invested in a real estate website in India as it tries to grow its digital business.
The bad boy of digital media is now the king of the hill.
USA Today said Thursday it was eliminating 60 to 70 jobs as the large daily responds to declining print circulation and ad revenues.
US news media revenues have tumbled by roughly a third since 2006 amid a shift to digital media, researchers said Thursday.
The Washington Post said Tuesday it would offer free digital access to its news offerings to subscribers of six newspapers in other parts of the United States.