NEW YORK (Reuters) – Former New York Times publisher Arthur Ochs Sulzberger, who led the company for 34 years in a period of growth that made it a multibillion-dollar media enterprise, died on Saturday at the age of 86, the newspaper said.

Sulzberger, whose family bought the Times in 1896, died at his home in Southampton, New York, after a lengthy illness, his family said.

NEW YORK (Reuters) – Former New York Times publisher Arthur Ochs Sulzberger, who led the company for 34 years in a period of growth that made it a multibillion-dollar media enterprise, died on Saturday at the age of 86, the newspaper said.

Sulzberger, whose family bought the Times in 1896, died at his home in Southampton, New York, after a lengthy illness, his family said.

By Jennifer Saba

(Reuters) – With world leaders gathered in New York for the United Nations General Assembly, China has taken its dispute with Japan over the ownership of a chain of islands to the ad pages of major American newspapers.

China Daily, an organ of the Communist Party and the country’s official English-language daily newspaper, took out full-page-spread advertisements on Friday in the New York Times and the Washington Post.

Sept 17 (Reuters) – Netflix Inc (NFLX.O: Quote, Profile, Research) shares fell 5.3
percent on Monday after Macquarie started covering the online
streaming video company with an “underperform” rating.

Macquarie research analyst Tim Nollen put a $50 price target
on the stock because media companies hold the upper hand. “In
keeping with our positive thesis on media names like Time Warner
and CBS, we believe content owners rule the roost; Netflix is a
price taker in an increasingly competitive market,” he wrote in
the note.

Sept 17 (Reuters) – Netflix Inc (NFLX.O: Quote, Profile, Research) shares fell 5
percent on Monday after Macquarie started covering the online
streaming video company with an “underperform” rating.

Macquarie research analyst Tim Nollen put a $50 price target
on the stock because media companies hold the upper hand. “In
keeping with our positive thesis on media names like Time Warner
and CBS, we believe content owners rule the roost; Netflix is a
price taker in an increasingly competitive market,” he wrote in
the note.

By Jennifer Saba

(Reuters) – When Gannett Co Inc introduced USA Today on September 15, 1982, it was ridiculed in newspaper circles, earning the derisive nickname “McPaper” for its short articles, big photos and devotion to graphics.

Now, USA Today’s once-radical imprimatur can be seen in almost every newspaper in the United States. What was once unique has become ubiquitous.

By Jennifer Saba

(Reuters) – Apple Inc’s potential launch of an online streaming music service ignited anew concerns about Pandora Media’s business prospects.

Shares of Pandora, which streams music online, tumbled 17 percent on Friday, closing at $10.47 after the Wall Street Journal reported that Apple is in talks with record labels to launch a similar service.

By Jennifer Saba

(Reuters) – Professional networking site LinkedIn Corp reported higher-than-expected revenue and raised its full-year outlook as it pocketed more money from subscribers, services aimed at businesses and advertising.

“Another fantastic quarter,” said Rick Summer, analyst with Morningstar. “This is a company that continues to execute quite well with surprising visibility into demand.”

Aug 2 (Reuters) – Professional networking site LinkedIn Corp
reported better-than-expected revenue and raised its
full year guidance as it pocketed more money from its hiring
services.

“Another fantastic quarter,” said Rick Summer, analyst with
Morningstar. “This is a company that continues to execute quite
well with surprising visibility into demand.”