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NY Times reports ad revenue rise, ending years of drought

By Jennifer Saba (Reuters) - The New York Times Co on Thursday reported an almost 3 percent rise in first quarter total revenue on increases in advertising sales - a first for the company in several years. The 3.4 percent increase in print and digital advertising revenue marks a milestone for the company that has been plagued by many quarters of declines as marketers choose to spend their budgets elsewhere.

More red ink for US newspapers in latest survey

US newspapers suffered further revenue declines in 2013, seeing only mixed success in a transition to digital, according to industry figures. Total newspaper industry revenue amounted to $37.59 billion in 2013, a 2.6 percent drop from $38.60 billion in 2012, according to a report released Friday by the Newspaper Association of America. In one positive sign, the data showed a 3.7 percent increase in circulation revenues to $10.87 billion, helped by digital subscriptions and "paywalls."

uFly fires Canadian flight simulator instructor who appeared on CNN

TORONTO - A Canadian flight simulator business fired an instructor who figured prominently in CNN's coverage of missing Malaysia Airlines Flight 370, saying he showed up late to his regular job and "shamed Canadians" by dressing like a teenager. uFly company owner Claudio Teixeira said he fired Mitchell Casado on Wednesday in part for his refusal to dress professionally and making Canadians "look very bad all over the world." Casado's relaxed style of jeans and plaid shirts attracted attention during CNN's constant coverage of the search for the missing flight.

Los Angeles Register to launch as Freedom expands print empire in southern California

LOS ANGELES, Calif. - Aaron Kushner believes he can launch and grow a print newspaper in a world gone digital. The former greeting card executive is trying to turn the Orange County Register into a media giant in southern California, largely driven by paper and ink. The unconventional effort gets a jolt Wednesday when Freedom Communications Inc., the company Kushner bought with other investors two years ago, launches the Los Angeles Register.

Post, Guardian win Pulitzers for NSA revelations; Boston Globe honoured in breaking news

NEW YORK, N.Y. - The Washington Post and The Guardian won the Pulitzer Prize in public service Monday for revealing the U.S. government's sweeping surveillance efforts in a blockbuster series of stories based on secret documents handed over by National Security Agency leaker Edward Snowden. The Pulitzer for breaking news was awarded to The Boston Globe for its "exhaustive and empathetic" coverage of the Boston Marathon bombing and the manhunt that followed.

Reuters, Guardian US, Washington Post, Boston Globe win Pulitzer prizes

By Ellen Wulfhorst NEW YORK (Reuters) - Reuters won a Pulitzer Prize on Monday for international reporting on the violent persecution of a Muslim minority in Myanmar, the Pulitzer Prize Board at Columbia University announced. The board commended Jason Szep and Andrew Marshall of Reuters for their "courageous reports" on the Rohingya, who in their efforts to flee the Southeast Asian country, "often falls victim to predatory human-trafficking networks."

Wash Post, Guardian share Pulitzer for NSA coverage

The Guardian and The Washington Post won a prestigious Pulitzer Prize on Monday for reporting on secret US surveillance programs revealed by former National Security Agency contractor Edward Snowden. The British and American newspapers shared the award for public service journalism handed out by the Pulitzer committee at Columbia University in New York. The awards came amid an unusual political climate with the newspapers earning both praise for revealing the global scope of the surveillance operations and criticism for leaking secret documents.

Online newspaper Alaska Dispatch buys Anchorage Daily News for $34 million

ANCHORAGE, Alaska - An online competitor announced plans Tuesday to buy Alaska's largest daily newspaper. Alaska Dispatch Publishing LLC, the parent company of the online newspaper the Alaska Dispatch, will purchase the Anchorage Daily News from The McClatchy Co. for $34 million. The sale is expected to close in May. "This is a chance for us to get even more reporters on the ground and do more journalism," said Tony Hopfinger, Alaska Dispatch's co-founder, executive editor and president.

US news industry sees big revenue loss

US news media revenues have tumbled by roughly a third since 2006 amid a shift to digital media, researchers said Thursday. The Pew Research Center estimated annual revenues supporting print, broadcast and online journalism have slipped to between $63 billion and $65 billion, based on 2012-2013 data. That compared with $94 billion to $95 billion in 2006, the Pew researchers said. The analysis gleaned from Pew's annual survey of the news media underscored the massive changes in the industry.

Digital ventures boost ailing news media, study shows

Online news ventures have added nearly 5,000 US media jobs in the past few years, boosting an industry that is still reeling from technology changes, a study showed Wednesday. The Pew Research Center's "State of the News Media 2014" report said these digital ventures are creating a more varied set of financial models for news, offering some hope to the troubled sector.
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