The Press Gazette reports, “The Financial Times is expecting to increase its profits again this year, despite uncertainty in the global financial markets, according to parent company Pearson.”
THR.com reports, “The dirty little secret about Rupert Murdoch’s play to buy another New York media property in addition to the ones he already owns is that there’s little anybody can do to stop him. In the topsy-turvy world of media regulation, Murdoch or any other media baron can own a TV station and then buy a newspaper in the same market, and there’s not much federal regulators can do about it directly.”
A NBC release announced, “According to Nielsen Media Research data, ‘Meet the Press with Tim Russert’ was the most-watched Sunday morning public affairs program, winning the week ending Sunday, April 20, 2008 in all categories. On Sunday, the Russert-moderated program was No. 1, averaging 3.492 million total viewers,” for the week ending April 20.
Bloomberg reports, “A U.S. Senate committee voted to reverse a federal rule that lets media companies including Tribune Co. and News Corp. own a broadcast station and daily newspaper in the 20 largest markets.”
THR.com reports, “As SAG continued its negotiations with the Alliance of Motion Picture & Television Producers on Thursday, the actors union sent its second report to membership, outlining their position on new media and why it is important to actors. Focusing on new media, SAG’s Contract 2008 Report, No. 2, indicates that 9 billion videos are watched online every month, with YouTube alone having more than 200 million unique visitors each month. The report states that the leading 100 media companies will earn $20.7 billion in Internet revenue, with advertisers forecast to spend $2.9 billion annually on online video ads by 2010.”
Wall Street Journal reports, “A yearlong effort by AOL to transform its content Web sites into crowd-pleasers is beginning to pay off. Traffic to the sites — including AOL Money & Finance, entertainment, and the male-oriented Asylum — grew 15% to 56.5 million unique U.S. visitors in the first quarter from a year ago, according to comScore Media Metrix. Measured by traffic, some of the sites even top the charts for their categories.”
Online Media Daily reports, “Continuing to expand into targeted content, AOL has acquired fantasy football site FleaFlicker.com for an undisclosed amount. The move is aimed at enhancing AOL Sports and builds on the portal’s strategy of adding niche content to broaden its appeal to consumers and advertisers alike.”
Online Media Daily reports, “Move over, P&G — looks like Gannett and Meredith want in on the branded social network game. The two media giants are the latest companies that have signed on with Ripple6, the social media technology firm that recently developed an online community for P&G’s long-running soap opera Guiding Light”
Matthew Felling is hosting “The Kojo Nnamdi Show” today on NPR 12-2pm EDT.
Radio Ink reports, “FCC Chairman Kevin Martin has over the past few months deflected questions about when the FCC might rule on the proposed XM Satellite Radio-Sirius Satellite Radio merger by noting that the Department of Justice almost always acts first on proposals like the one between the two satcasters. With DoJ action out of the way, however, the FCC has not scheduled a vote on the merger for its next public meeting, and Martin on Thursday offered little insight into when the agency might finally act.”