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Future Publishing sells New York operation for $3m

The Guardian 01/12/2012
Future Publishing sells New York operation for $3m

Future Publishing has sold off its loss-making New York operation – home to magazines including Guitar World, Revolver and Guitar Aficionado – in a deal worth $3m (£1.9m).

UK tabloid owner says hacking probe damaging newspapers

Daily Express owner Richard Desmond, one of Britain's most controversial media barons, condemned the official inquiry into media standards on Thursday as "the worst thing" to happen to newspapers.

The New York Times increases its price by 50 cents, but not for Sunday editions

The price of The New York Times has gone up by 50 cents. On New York City newsstands, the Times now costs $2.50 for the Monday through Saturday editions. That’s the same price printed on its newspapers sold across the country.

Arianna Huffington Loses Ruling In Fight Over HuffPo Ownership

Two politicos who sued Arianna Huffington and her partner for stealing their idea for the Huffington Post will get to go forward after a New York judge refused to throw out the lawsuit.

News Corp sets up hotline for staff to report 'illegal activity'

Journalists at News International (NI) and other staff in Rupert Murdoch's media empire have been told to call a hotline to report suspicious colleagues in a fresh clampdown on corruption and other illegal activities.

Microsoft, Red Cross and UN sucked into global news fixing row

Microsoft has been sucked into the row surrounding a London-based media company currently under investigation by broadcasters for making editorial programmes without declaring it had a commercial relationship with some of those it featured.

New York Times Co.’s Boston Globe Begins Charging Readers for Web Access

New York Times Co. (NYT), publisher of the namesake newspaper, will announce today that it’s starting a new website to generate revenue from online readers of its Boston Globe newspaper.

News Corp execs think James Murdoch may leave

Peter Lauria Reuters 08/18/2011
News Corp execs think James Murdoch may leave

News Corp's senior management is starting to think about what the company might do if James Murdoch stepped aside, sources inside and close to the global media empire said.

The News of the World's former royal correspondent, Clive Goodman, who was jailed over phone hacking. A letter from him claims phone hacking was widely discussed at the paper.

Rupert Murdoch, James Murdoch and their former editor Andy Coulson all face embarrassing new allegations of dishonesty and cover-up after the publication of an explosive letter written by the News of the World's disgraced royal correspondent, Clive Goodman.


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