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Time Inc to slash hundreds of jobs

Time Inc. said Wednesday it was cutting several hundred jobs as the US publishing giant streamlines to adapt to a "multi-platform" media landscape.

dateJan 30, 2013 in Business
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Write-off contributes to NY Times losses

The New York Times Co. posted a loss of $88.1 million in the previous quarter on Thursday, as a write-off in the value of website About.com wiped out gains from increased online subscriptions.

dateJul 26, 2012 in Business
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New Orleans newspaper to end daily publication

The Times-Picayune, the largest newspaper in New Orleans, said Thursday it would end daily print publication, moving to a schedule of three issues per week, to adapt to "an increasingly digital age."

dateMay 24, 2012 in Business
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News aggregator Ongo to shut down

Online news service Ongo, which launched last year as a paid "aggregator" for various newspapers, said Tuesday it would close down by the end of the month.

dateMay 08, 2012 in Internet
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Newspapers erect pay walls in hunt for new revenue

(AP) -- Newspapers are returning to a business strategy that served them well in the heyday of street-corner newsboys shouting the front-page news. They're enticing people with a little free online content before asking ...

dateApr 03, 2012 in Internet
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US newspaper ad revenue down 7.3% in 2011

US newspaper advertising revenue fell 7.3 percent last year to $23.94 billion, according to figures released Thursday by the Newspaper Association of American, continuing a six-year slide.

dateMar 16, 2012 in Business
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Washington Post profit down 67 percent

The Washington Post Co. said Friday that revenue was flat in its newspaper publishing division in the first quarter but net profit fell by two-thirds on lower enrollment in its education business.

dateMay 06, 2011 in Business
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EMI music videos, concerts coming to Hulu.com

EMI Music announced Wednesday it will offer free music videos and concerts on Hulu.com, making it the first major label to strike a deal with the increasingly popular US-based online video site.

dateNov 18, 2009 in Internet
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