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November 7, 2012
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Knowledge for new solutions from the American Press Institute

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  • Financial Times may soon be for sale
    The Financial Times may soon go on the block, sources say. The paper's parent company, Pearson, is said to be focusing instead on its higher-margin education business. The sources said sale preparations may begin before year end, as Chief Executive Marjorie Scardino is set to depart in January. Bloomberg Businessweek (11/7) LinkedInFacebookTwitterEmail this Story
  • Media cross-ownership rules could soon be loosened by FCC
    Media cross-ownership rules in the nation's 20 largest markets appear likely to be eased, as opposition on the part of the FCC to such a move fades in an age of new media. The move could help a handful of struggling newspaper companies that would benefit from media consolidation. Los Angeles Times (tiered subscription model) (11/6) LinkedInFacebookTwitterEmail this Story
  • Strong financials buoy AOL's hope for video
    AOL's strategy of becoming a video-oriented channel appears to have given the company some life, as the company announced strong financial results for the third quarter of the year. Global advertising revenue increased 7% year-over-year to $340 million, including an 18% boost from third-party ad networks. Search revenue increased almost 8%, topping $91 million. Chief executive Tim Armstrong says that AOL expects to make $100 million in video revenue this year and that revenue stream will eventually overtake display advertising. Bloomberg (11/6), The New York Times (tiered subscription model)/Media Decoder blog (11/6), (11/6)
  • Cable nets help power News Corp. results
    News Corp., benefiting from the sale of NDS Group and a good performance from its cable networks, during its fiscal Q1 tallied net income of $2.23 billion, compared with $738 million for the same period in 2011. Cable revenue increased 16% to $2.45 billion, including an 8% rise in ad sales and 16% boost in affiliate fees. Fox News Channel was particularly strong, ending the Sept. 30 period as the fourth-most-popular ad-driven cable channel. The Wall Street Journal (11/6), Bloomberg (11/7), Adweek (11/6) LinkedInFacebookTwitterEmail this Story
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  • Transformation Tour: Dual transformation a new formula for success
    News organizations can learn to plot a path to success by adopting a dual transformation approach that repositions the legacy business for market shifts and new technologies while developing new, disruptive digital businesses for future growth at API's Transformative Business Models. Join innovation expert Clark Gilbert, president and CEO of the Deseret News and Deseret Digital Media, for a repeat of the sold-out Oct. workshop presented with The Poynter Institute on Jan. 24-25 in Arlington, Va. LinkedInFacebookTwitterEmail this Story
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    American Press Institute
    4401 Wilson Blvd, Suite 900
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    About API
    The American Press Institute's purpose is to educate constituencies about the value of newspapers and to provide training, research and best practices for newspaper industry executives. Founded in 1946, API is located in Arlington, Va., at the headquarters of the Newspaper Association of America. The API and NAA Foundation boards voted to merge the NAA Foundation into API in early 2012. The merger was finalized on February 6, 2012, and the new organization retains the API name.

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