Jennifer's Feed
Mar 27, 2013

Flipboard launches new edition, lets readers create magazines

By Jennifer Saba

(Reuters) – Social magazine app Flipboard launched on Tuesday one of its biggest overhauls to date allowing readers to create and share their own magazines in a bid to keep growing in popularity.

The app is letting readers customize their own content around topics, events, and personal interests that can be shared with others.

Mar 26, 2013

Exclusive: Hulu board contacts possible buyers of video streaming site – sources

LOS ANGELES/NEW YORK (Reuters) – Hulu’s board has approached potential buyers to gauge their interest in buying the online video service, three sources close to the company told Reuters, as owners News Corp (NWSA.O: Quote, Profile, Research, Stock Buzz) and Walt Disney (DIS.N: Quote, Profile, Research, Stock Buzz) weigh what to do with their interests in the five-year-old company.

The board sounded out several possible buyers as part of an internal strategic review begun recently, but it has not received a formal offer, one of the sources said on Monday, speaking on condition of anonymity because the discussions were private. It was unclear how many parties Hulu had contacted.

Mar 25, 2013

Hulu board contacts possible buyers of video streaming site -sources

LOS ANGELES/NEW YORK, March 25 (Reuters) – Hulu’s board has
approached potential buyers to gauge their interest in buying
the online video service, three sources close to the company
told Reuters, as owners News Corp and Walt Disney
weigh what to do with their interests in the
five-year-old company.

The board sounded out several possible buyers as part of an
internal strategic review begun recently, but it has not
received a formal offer, one of the sources said on Monday,
speaking on condition of anonymity because the discussions were
private. It was unclear how many parties Hulu had contacted.

Mar 25, 2013

Exclusive: Hulu’s board has reached out to potential buyers to gauge interest

LOS ANGELES/NEW YORK (Reuters) – Hulu’s board has approached potential buyers to gauge their interest in buying the online video service, three sources close to the company told Reuters, as owners News Corp (NWSA.O: Quote, Profile, Research, Stock Buzz) and Walt Disney (DIS.N: Quote, Profile, Research, Stock Buzz) weigh what to do with their interests in the five-year-old company.

The board sounded out several possible buyers as part of an internal strategic review begun recently, but it has not received a formal offer, one of the sources said on Monday, speaking on condition of anonymity because the discussions were private. It was unclear how many parties Hulu had contacted.

Mar 25, 2013

Hulu’s board has reached out to potential buyers to gauge interest

LOS ANGELES/NEW YORK (Reuters) – Hulu’s board has approached potential buyers to gauge their interest in buying the online video service, three sources close to the company told Reuters, as owners News Corp (NWSA.O: Quote, Profile, Research) and Walt Disney (DIS.N: Quote, Profile, Research) weigh what to do with their interests in the five-year-old company.

The board sounded out several possible buyers as part of an internal strategic review begun recently, but it has not received a formal offer, one of the sources said on Monday, speaking on condition of anonymity because the discussions were private. It was unclear how many parties Hulu had contacted.

Mar 25, 2013

US regulators OK Nasdaq compensation for Facebook IPO

March 25 (Reuters) – U.S. regulators approved Nasdaq OMX
Group’s $62 million compensation plan for firms that
lost money in Facebook Inc’s glitch-ridden market debut
in May, signaling a victory for exchanges Potentially facing
liability for technical foul-ups.

Nasdaq said in a note to traders on Monday morning that the
U.S. Securities and Exchange Commission approved the plan, and
that firms harmed in Facebook’s initial public offering had one
week to submit requests for compensation.

Mar 25, 2013

All the newspapers fit to be sold

March 25 (Reuters) – That sound you hear from the newspaper
sector is owners running for the exits.

Spurred by signs of stabilization, thanks mainly to growing
revenue from digital subscriptions, newspaper publishers,
including the likes of Tribune Co and New York Times Co, are
putting notable dailies – the Los Angeles Times, the Chicago
Tribune and The Boston Globe – up for sale.

Mar 19, 2013
via MediaFile

BCG finds that local online ad dollars aren’t that local

A new article from the Boston Consulting Group sheds some light on the world of online local advertising, a $21.2 billion market  in the U.S. and cited often by a variety of players from AOL’s hyper local network of news sites, Patch, to Yahoo as a the holy grail of ad dollars.

What the authors found is that small business owners – think of the local mom and pop run pizza parlors and  hardware stores-  only dedicate a fraction of their advertising budget to online.  BCG’s Sebastian DiGrande, David Knox, Kate Manfred and John Rose surveyed 550 small business owners in the U.S. who said that only 3 percent of their marketing dollars go toward online advertising. Instead they turn to newspapers and coupon mailers to find new customers.

Mar 13, 2013

Koch Brothers eye L.A. Times, other Tribune newspapers – sources

March 12 (Reuters) – Charles and David Koch, two of the
world’s richest men, are interested in Tribune’s newspaper
assets, which include the Los Angeles Times and the Chicago
Tribune, according to sources familiar with situation.

Earlier on Tuesday, L.A. Weekly reported that the Koch
brothers were rumored to be interested in either all of the
Tribune company, which includes 23 TV stations and national
cable network WGN American, or the Tribune newspapers. The
report also cited “another rumor” from a Los Angeles Times
editorial board member that the Koch brothers are helping U-T
San Diego newspaper owner Doug Manchester finance a bid.

Mar 8, 2013

News Corp gives publishing company $2.6 billion in cash

By Liana B. Baker and Jennifer Saba

(Reuters) – Rupert Murdoch’s News Corp will start its largely print-based publishing company with no debt and $2.6 billion in cash when it completes the spinoff.

The amount of cash and debt, which analysts generally expected, gives the publishing company a purse to go off and buy other assets should it choose. News Corp released the details in a regulatory filing on Friday.