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US newspaper industry revenue fell 2.6 pct in 2013, hurt by drop in print ad revenue

NEW YORK, N.Y. - U.S. newspaper industry revenue continued to fall last year, as increases in circulation revenue failed to offset shrinking demand for print advertising. The Newspaper Association of America says the industry's revenue fell 2.6 per cent to $37.59 billion in 2013. Revenue from print advertising dropped 8.6 per cent to $17.3 billion, while circulation revenue rose 3.7 per cent to $10.87 billion. Newspapers have looked in recent years to replace declining print advertising and circulation revenue with contributions from online sources.

US newspaper industry revenue fell 2.6 pct in 2013, hurt by drop in print ad revenue

NEW YORK, N.Y. - U.S. newspaper industry revenue continued to fall last year, as increases in circulation revenue failed to offset shrinking demand for print advertising. The Newspaper Association of America says the industry's revenue fell 2.6 per cent to $37.59 billion in 2013. Revenue from print advertising dropped 8.6 per cent to $17.3 billion, while circulation revenue rose 3.7 per cent to $10.87 billion. Newspapers have looked in recent years to replace declining print advertising and circulation revenue with contributions from online sources.

Bouygues boosts mobile bid for SFR, in French turf war

French telecom group Bouygues stepped up its bid to buy mobile phone operator SFR from Vivendi on Friday, launching a new phase in a huge fight over market positions in France. Bouygues, which also has big interests in television and construction, raised its cash offer by 1.85 billion euros to 15.0 billion euros ($20.5 billion). However it lowered the stake Vivendi would get in the entity which would emerge, to 10.0 percent, saying this was worth about 1.0 billion euros.

Bidding war in French mobile telecoms could extend consolidation trend in Europe

PARIS - French conglomerate Bouygues offered 10.5 billion euros ($14.4 billion) for control of mobile operator SFR telecommunications, launching a bidding war Thursday that could extend the wireless industry's attempts to consolidate in Europe. Industry analysts said the Bouygues offer reflected broader trends on a continent whose mobile industry is split among some 150 major operators crisscrossing national lines — compared to just four in the United States.

FCC looks to ban joint TV ad-sales deals in same local market: WSJ

(Reuters) - The chairman of the U.S. Federal Communications Commission plans a proposal on media-ownership rules that would make it harder for broadcast companies to control two TV stations in the same local market by using the same advertising sales staff, the Wall Street Journal reported citing people familiar with the matter. U.S. FCC Chairman Tom Wheeler is likely to make the long-awaited order public in the coming weeks and a five-member commission is expected to vote on it next month, WSJ said.

UK'S Ofcom investigating TNT Post complaint against Royal Mail

(Reuters) - Britain's Office of Communications (Ofcom) is investigating a complaint by the country's second-largest postal firm, TNT Post UK, against price increases planned by Royal Mail Plc for its wholesale mail contracts. Royal Mail said in January that it would increase tariffs on the contracts, used by 31 of its biggest wholesale customers, because of a decline in letter volumes. (http://link.reuters.com/zuw96v)

Science ministry to launch special ICT commission

By Kang Yoon-seung SEOUL, Feb. 14 (Yonhap) -- A special law went into effect Friday that creates a new commission to oversee the country's policies on the information, communication and technology sectors, the science ministry said. The Ministry of Science, ICT and Future Planning said the commission, to be headed by the prime minister, will function as the "control tower" of South Korea's IT sector, improving efficiency in policymaking. The new organization will include 24 other officials from related governmental bodies, including the Korea Communications Commission.

Digital ad trends improve at N.Y. Times; shares rise

By Jennifer Saba (Reuters) - The New York Times Co reported better-than-expected quarterly revenue and profit on Thursday as advertising sales improved and more subscribed to its flagship newspaper. Shares of the New York Times rose 5.3 percent to $14.58 in Thursday morning trade after results were released. The company, which is now comprised of its namesake newspaper only has struggled in recent quarters as advertisers pulled back spending.

SK Telecom teams up with global players for M2M

By Kang Yoon-seung SEOUL, Jan. 27 (Yonhap) -- South Korea's No. 1 mobile carrier, SK Telecom Co., said Monday it has joined hands with 10 global telecommunication firms to seek cooperation in developing machine-to-machine (M2M) technologies. SK Telecom said it has joined the so-called Bridge M2M Alliance (BMA) with players in a handful of Asian countries such as Singapore, Vietnam and India, as well as with an Australian mobile carrier.

Ad industry self-regulatory group won't name and shame false government campaign

OTTAWA - The self-regulating industry watchdog that handles public complaints about advertising says it is not its job to name and shame governments that abuse public dollars. Advertising Standards Canada refuses to confirm that it chided the federal Conservative government last year for a $2.5-million ad campaign that promoted a jobs-training grant that does not yet exist. Janet Feasby of the ad council says if an advertiser agrees to pull an ad or change it after the public complains, the council does not identify the offending advertiser in any way.
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