Entertainment industry
The proposed merger between Time Warner and America Online (AOL) has significant implications for the Tribune Company, with a 25% stake in Time Warner's WB network and a substantial investment in AOL. Tribune's stake in AOL's success is substantial, with a holding of 22
Entertainment industry
The $534 billion America Online and Time Warner mega-merger sent a wave of excitement through the global stock market, with News Corporation's share price soaring by 28% to a record $18.60. The merger will create the world's largest media conglomerate, combining an Internet technology company
Newspaper publishing
The Australian stock market finished higher on March 5, 1999, with a stronger gold sector contributing to the upward trend. However, the market failed to maintain momentum sparked by the overnight rise on Wall Street, brokers said. The all-ordinaries index closed at 2902.5, up 17.2 points from the
Newspaper publishing
The Australian sharemarket kicked off the month of March on a bullish note, with the benchmark All Ordinaries Index closing 31.2 points, or 1.08 per cent, higher at 2911.1. The rally was led by industrial stocks, with blue-chips such as Lend Lease, Coca-Cola Amatil, and Brambles driving
Newspaper publishing
Trinity and Regional Independent Media are gearing up for a showdown at the Mirror Group Newspapers board meeting, with chief executive David Montgomery expected to be ousted. Advisers to both companies are seeking access to the company's accounts to consider higher offers. A last-minute intervention from a new
Newspaper publishing
The shares of Mirror Group rose by 9p to 207p yesterday, fueled by growing expectations that chief executive David Montgomery will step down later today, paving the way for a fully fledged auction of the newspaper group. This development comes after a boardroom row sparked by Trinity's bid
Newspaper publishing
The New York Times has revamped its online news service, @times, to make it more user-friendly and informative. Since its launch in June 1994, @times has become a popular destination on America Online, attracting hundreds of thousands of visitors each month. The redesign incorporates a new layout, updated features, and
Newspaper publishing
Lauren Flynn, a sales and marketing expert with a proven track record in developing innovative programs, has been appointed as the Western regional manager for The New York Times. Flynn, 31, brings over seven years of experience with Dow Jones & Company, where she led a team responsible for marketing,
Newspapers
A recent competition sponsored by The Detroit News, the Small Business Association of Michigan, Old Kent Bank, and the Eli Broad College of Business at Michigan State University recognized outstanding innovation in small businesses across the state. Four Michigan small businesses won significant awards for their innovative products and services.
Newspapers
The Cincinnati High School for Communication Professions has selected two outstanding students, Erika Anderson and Kristofer Kunz, to receive full scholarships from the Scripps Howard Foundation. The scholarship program, established by the Foundation, provides students with financial support for their four-year college education, with the Foundation and the university contributing
Publishing industry
Nearly two-thirds of viewers familiar with the Sprint Sense ad campaign found the ads to be effective, according to a recent poll by Ad Track, appearing in USA TODAY's Money section. The poll, conducted jointly with Louis Harris and Associates, quizzed 1,225 people about their familiarity with
Publishing industry
Toronto-based magazine company, Inside Guide Magazine Ltd., which was controlled by Hollinger Inc. until February, has filed for bankruptcy. The company, which had no staff but held contracts to publish Canadian and Acumen magazines for Canadian Airlines International Ltd., has left debts of more than $10-million. Secured creditor Canadian Imperial
