The Financial Times is not the first place that anyone thinks of to search for things, at least in the Internet sense. That’s not to say that the FT isn’t interested in changing a few perceptions. The Pearson-owned paper, or more specifically, its Web operation Rather: The Pearson-owned FT Group is launching a business news search engine designed to get past the idea of relying on keywords to search for important infomation. The idea, boiled down, is that a business search engine is more likely to give you the results that you want than a massive search engine that yields results for people in every walk of life.
Slightly down is the new up.
At least judging from the reception that advertising giant WPP received today after it predicted like-for-like revenue would drop 2 percent this year.
Covering the decline of the U.S. newspaper business is the extreme sport of journalism. Ask American Journalism Review, which is pleading for funds to help it survive. Here’s an excerpt from a letter I got in the mail this morning (haha. Letter. Paper.):
Found on Romenesko on Wednesday: The Dallas Observer reports that AH Belo Corp paid out manager bonuses at the same time that the newspaper publisher said it would get rid of 500 employees. An accident of timing, especially as other U.S. newspaper publishers cut bonuses? Here’s AH Belo Executive Vice President and Dallas Morning News chief Jim Moroney, quoted in an interview with the Observer:
For a mogul who’s spent a lifetime snatching up newspapers across the globe — and who spent the better part of his time talking about them on Wednesday’s quarterly earnings conference call — we found it surprising that he insists he’s not spending more money on the dying print business.
Newspaper circulation: It’s rising! Well, at some papers it is. That’s according to figures that came out from the Audit Bureau of Circulations on Monday morning. Most papers, as everyone knows, are reporting falling circulation in all their editions, whether during the week or on the weekends. Still, out of the more than 500 papers that reported, there were some more positive stories to tell. Here’s a list of the top circulation gainers, according to the ABC.