Investor says future not so bleak for newspapers
A prominent US newspaper investor, and the largest investor in USA Today publisher Gannett, has said that the future for newspapers is brighter than many have predicted and that advertisers will return to print. John Rogers, CEO of Ariel Investments in Chicago made his comments to Bloomberg after Miami Herald publisher McClatchy and Gannett recently posted better than expected results.
Chris Anderson, the Wired editor-in-chief and author of ‘Free’, has had it with newspapers. No seriously, he’s through. He doesn’t care. And journalism? And Media? Kids those words are so passe. Anderson, who struck it big with his book ‘The Long Tail‘ and wants everything to be ‘Free’, has given a long interview to the German weekly Spiegel where he makes a string of provocative statements as he talks about the internet’s challenge to the traditional press.
The Wall Street Journal is to launch its own social network called WSJ Connect to rival the professionals’ community LinkedIn, according to reports. News Corporation‘s flagship title is looking to snap up some of LinkedIn’s 15m or so monthly visitors – recruiting Slingshot Labs to develop a website where professionals can create business contacts, search for jobs or find potential clients.