Tag Archives: Wall Street Journal

Most printed newspapers will be gone in five years, says USC report

Most printed newspapers in the United States will last only another five years, says a new report from the USC Annenberg Center for the Digital Future, reported LA Weekly. Released Wednesday, Dec. 14, the report, “Is America at a Digital Turning Point?,” looks at 10 years worth of studies from the Center for the Digital Future. According to the report, only the very largest and very smallest newspapers stand a chance: “It’s likely that only four major daily newspapers will continue in print form: The New York Times, USA Today, the Washington Post, and the Wall Street Journal. At the other extreme, local weekly newspapers may still survive.” Other findings from the report include the lack of credibility in social media content, and the impending replacement of the PC by the tablet computer within three years. “At one extreme, we see users with the ability to have constant social connection, unlimited access to information, and unprecedented buying power. At the other extreme, we find extraordinary demands on our time, major concerns about privacy and vital questions about the proliferation of technology – including a range of issues that didn’t exist 10 years ago,” said Jeffrey I. Cole, director of the Center for the Digital Future, according to the center’s website.


Huffington Post outstrips NYT web traffic in May

Call it a sign of the changing times: The Huffington Post had more unique visitors to its website than the venerable New York Times in May, outstripping the Grey Lady’s web traffic for the first time, according to data from market research firm comScore Inc. The newspaper, owned by New York Times Co., has been experimenting with a new online revenue model for two months now — a paywall that charges readers for access to more than a certain number of articles. In April, the first full month of the paywall, nytimes.com had 32.9 million unique visitors, still ahead of huffingtonpost.com’s 29.9 million. But HuffPo took the lead in May with 35.6 million unique visitors compared to 33.6 for the NYT. For the period from May 2010 to May 2011, the New York Times’ website hit a high of 38.1 unique visitors in March 2011, just before the introduction of the paywall. HuffPo — the popular online news site that offers a combination of aggregation and original reporting and recently launched a Canadian version — has yet to see those kind of numbers. In terms of newspaper websites, the Washington Post, LA Times and Wall Street Journal followed with 19.9 million, 18.4 million, and 13.9 million unique visitors respectively in May 2011, according to comScore


Facebook and Skype exploring partnership: report

Social networking website Facebook and Internet telephone company Skype are in talks to establish a partnership that is aimed at integrating their communication services, Wall Street Journal said, citing a person familiar with the situation. Under the proposed partnership, Facebook users would be able to sign into Skype through their Facebook Connect accounts, the Journal said. Once signed in, the users would be able to send text messages, voice chat and video chat with their Facebook friends from within Skype, according to the paper. The integrated functions are built into Skype’s 5.0 version, which is expected to be released in the next few weeks, the person told the paper. Enabling Skype’s voice and video chat on Facebook would be a “logical progression” to the partnership, the person told the paper.


Amazon seeking to launch TV, movie subscriber service: WSJ

Amazon is seeking to launch a service that would give paying subscribers unlimited access to television shows and movies over the Internet, The Wall Street Journal said Wednesday. The newspaper, citing “people with knowledge of the proposal,” said the move is a bid by Amazon to take on movie service Netflix and grab a bigger slice of the online TV business. It said the Seattle-based company has proposed the Web-based subscription service to several major media companies including NBC Universal, Time Warner and Viacom among others. The Journal said Amazon would like to launch its new video service in time for the holiday season, “but it is unclear if any media company intends to participate.” It said the plan could could be delayed or shelved if not enough companies sign on. The service would be viewable on the Internet or through devices such as Web-connected TVs or Xbox 360 videogame consoles that play television shows and movies Amazon already sells on an individual basis, the newspaper said. Like Apple’s iTunes, Amazon currently offers TV shows for USD 1.99 per episode. The Journal said subscriptions could be bundled with the Amazon Prime service that gives offers free shipping on purchases. It said spokesmen for Amazon, NBC Universal, Time Warner and Viacom declined to comment on the proposed service


Google in talks to build Facebook competitor: report

Google Inc has held talks with gaming companies as it looks to develop a new service to compete with social networking website Facebook, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The Internet giant has had talks with makers of online games for the service including Playdom Inc, Electronic Arts Inc’s Playfish and Zynga Game Network Inc, the report said. The report said is unclear when the new offering will be launched. Google already owns and operates social networking site Orkut. The company could not be immediately reached for comment. Walt Disney Co said earlier on Tuesday it is planning to acquire Playdom for USD 563.2m, as the young but fast-growing market for Internet games on Facebook and other websites has exploded, increasing the links between social gaming developers and social networking.


WSJ Europe to launch new tech section as part of digital expansion

The Wall Street Journal is to launch a new European technology section as part of its digital expansion. Six new jobs have been advertised by publisher Dow Jones as it prepares to enlarge its online and mobile offering and build up commercial opportunities. Europe.wsj.com launched in February 2009 and since then has seen good growth in terms of traffic, its editor Neil McIntosh said. The journal is well known in the states for its technology coverage and the WSJ wanted to offer more in Europe, McIntosh said. The new section is expected to cover technology business activity in Europe, startups and entrepreneurs, and gadget and service launches. The new section will incorporate US content, as well as its own regional output. The new section will be a mix of news and commentary, as seen in existing sections that include “straightforward top quality reporting” supported by analysis on Heard on the Street and other blogs. WSJ Europe currently offers an iPhone app and a mobile web edition, with an iPad app on the way.”


Newspaper Circulation Falls Nearly 9%

The reality facing many American newspaper publishers continues to look stark, as figures released Monday show deep circulation declines, with average weekday sales down almost 9 percent since the same time last year. USA Today had a 13.6 percent weekday decline. It held the top spot before losing it to The Wall Street Journal last fall. In the six-month period ending March 31, the Audit Bureau of Circulations reported Sunday sales dropping 6.5 percent and weekday sales 8.7 percent compared with the same six-month period a year ago. The figures are based on reports filed by hundreds of individual papers. The decline was widespread, as nearly all of the major newspapers and many of the smaller ones lost circulation. Among the 25 largest papers, The San Francisco Chronicle suffered the most, losing 22.7 percent of its weekday sales. Among the 25 largest circulation newspapers, 10 had declines in weekday circulation of more than 10 percent. The Sunday circulation figures were slightly higher, though far from a bright spot, as five of the 25 largest papers reported double-digit declines.