New York magazine has achieved a 3.4% increase in single copy (newsstand) sales for the first half of 2008, even after raising its cover price by 20%. Lindsay Lohan, Hilary Clinton, and Eliot Spitzer were among some of the subjects used as featured stories that led to the strongest selling issues. Also, the number of [...]
Roger Ailes, the chairman of Fox News, purchased his 142-year-old local newspaper, The Putnam County News and Recorder last month. While Fox News has no immediate plans to change the newspaper or increase its circulation beyond the 3,000 it is at now, they may be looking to “evolve it over time.” NY Times
Paid for online news is not only possible but is also a credible business model says Nikesh Arora, the vice president of Google UK. He says that despite the large amounts of news content available online, if the right unique content is created, the market can achieve a level of monetization. While [...]