Jennifer's Feed
Oct 4, 2012

Google settles with publishers over digital books

Oct 4 (Reuters) – Google Inc and a group of publishers have
agreed to a settlement over making digital copies of books,
capping seven years of litigation prompted by the search giant’s
effort to become the world’s digital library.

Google and the Association of American Publishers
(AAP) said on Thursday that U.S. publishers can decide whether
they want their books made available through Google or not.

Oct 4, 2012

In mobile-computing boom, a battle rages for marketing

NEW YORK/SAN FRANCISCO, Oct 4 (Reuters) – Amazon.com Inc
CEO and founder Jeff Bezos, who quipped at a
shareholder meeting a few years ago that “advertising is the
price you pay for having an unremarkable product,” is eating
those words.

Three years on, as the company moves aggressively into the
mobile computing business with its Kindle tablets and ereaders,
Amazon has already spent $34 million on TV advertising for the
Kindle in the first half of the year, according to Kantar Media,
and there’s more to come.

Oct 4, 2012

Facebook reaches 1 billion monthly active users

Oct 4 (Reuters) – Social media company Facebook Inc
reported on Thursday it reached the 1 billion user mark last
month, while Chief Executive Mark Zuckerberg said it would keep
pursuing growth through mobile devices.

The No. 1 social network has faced a rough road since its
May initial public offering. Investors and analysts have fretted
over a sharp slowdown in revenue growth and questioned how
Facebook will make money from users as people access its site on
mobile devices.

Sep 30, 2012

Former NY Times publisher Arthur Sulzberger dies at 86

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.

Sep 29, 2012

Former NY Times executive Arthur Sulzberger dies at 86

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.

Sep 29, 2012

China takes islands dispute with Japan to pages of U.S. newspapers

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.

Sep 17, 2012

Netflix drops after “underperform” rating by Macquarie

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.

Sep 17, 2012

Netflix shares drop after “underperform” rating by Macquarie

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.

Sep 13, 2012

At 30, USA Today gives itself first significant makeover

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.

Sep 7, 2012

Pandora shares plunge on fears of Apple service

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.