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“CitySearch has ten years of local content, and that is now deeply integrated with Ask’s maps product.”
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“While most major newspaper companies report low-to-mid single digit percentages of revenue from online, Borrell says that revenue represents more than 50 percent of their total growth.”
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“Alistair Brown, the general manager of Scotsman.com, has left after six years.”
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“From tomorrow users will be able to upload still and video images to Yahoo News for use on its website and to be distributed by Reuters.”
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“Online advertising is racing ahead in Britain, growing at a roughly 40 percent annual rate, and is expected to account for as much as 14 percent of overall ad spending this year, according to media buying agencies.”
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“In the three biggest advertising markets – the US, Japan and the UK – consumers now spend 21.9 per cent of their media time online but only 6.8 per cent of advertisers’ budgets are allocated to the medium.”
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“Gannett’s answer is radical. The chain’s papers are redirecting their newsrooms to focus on the Web first, paper second. Papers are slashing national and foreign coverage and beefing up “hyper-local,” street-by-street news.”