NEW YORK (Reuters) – Facebook is good for keeping up with high-flying buddies, MySpace is for teenage offspring and the BlackBerry is a full-time addiction, according to top media executives who were quizzed on their personal media habits at this week’s Reuters Media Summit. “I may be the only human being on earth who’s on MySpace [...]

NEW YORK (Reuters) – The U.S. media industry is on the brink of a second downturn in a decade, one that could accelerate the divisions between fast-growing targeted advertising and traditional formats aimed at mass audiences. Since the last advertising recession following the Internet bust in 2000, the world’s largest media companies have tried to adapt [...]

BRUSSELS, Belgium – Almost six out of 10 West Europeans now regularly access the Internet and, for the first time, young people are more likely to go online for most days of the week than turn on the television, according to a new survey. Still, the web is less and less the turf of the young: [...]

Last month I speculated that, amid declining newspaper sales, there is some evidence that the market for serious journalism remains strong. October’s figures from the Audit Bureau of Circulations have reinforced my optimism. Total sales are down across the board, but quality titles have suffered less than their red-top rivals. The Financial Times has increased its [...]

Thirty years ago he helped create a technology that has revolutionised millions of lives around the world. But yesterday the man known as the “godfather of the net” laid out his vision of where our online future might be, including a time when we download entire TV series in seconds – and even surf the [...]

News audiences in the United States (US) are discarding television and newspapers and using the Internet as their main source of information in a trend that could eventually see the demise of local papers, a new study has claimed. A man surfs the web at an internet cafe. News audiences are ditching television and newspapers and [...]

Audiences are now more in control than ever over their digital media and entertainment habits and increasingly savvy about filtering marketing messages, a recent survey has concluded. Consumers are seeking consolidated, trustworthy content, recognition and community when it comes to mobile and Internet entertainment. Armed with PC, mobile and interactive content and tools, consumers are [...]

NEW YORK: After more than 10 years of newspapers slowly migrating to the Web, most have embraced the medium as their future, showing they can break news, provide audio and video extras, and give readers more space to react and rebut than ever before. Successes are many, ranging from exclusive online interviews to sourcing details [...]

The hype about MySpace, YouTube, and Internet campaigning is turning out to be just that — hype. Social networking, blogs and political parties’ websites are affecting voter opinion in the United States far less than the recent buzz would suggest. Few people use them for political information, and even fewer trust them. According to a [...]

YouTube is set to overtake the BBC as the most popular entertainment website in the UK if current trends continue. According to statistics from internet monitoring company Hitwise, the BBC could find its number one status, which it has held for the past two years, taken by the video-sharing site. Visits to YouTube have risen more than [...]

Beginning next month, Web portals will not be able to retain news content for more than one week due to an agreement among major domestic newspapers. This means Internet users will not be able to search for any news through the portal sites seven days after they were provided to the Web portals. Instead, they will [...]

The extended drama surrounding Rupert Murdoch’s unsolicited $5 billion bid to take over family-owned Dow Jones media empire, along with the pending $8.2 billion sale of the Tribune Co. has brought renewed attention to the longstanding debate over media consolidation. While these two high-profile transactions have grabbed the spotlight, they are mere flashpoints in a [...]

The Financial Times was the only newspaper to buck the downward trend helped by the marketing drive for its “refresh” in late April. The FT was up 0.36 per cent year on year to 452,767. As a direct result of its growing overseas distribution, the FT put on sales for five consecutive months prior to April, [...]

Local newspapers are making inroads into producing their own video newscasts and challenging local TV stations, reports Broadcasting & Cable. Video newscasts are becoming a popular tactic employed by local newspapers looking to add a younger audience that is increasingly looking beyond print media for news sources. Newspapers who’ve made the digital transition include Miami Herald, [...]

NEW YORK (AdAge.com) — “I worry about CNN more than I do about CNN.com.” Many news junkies already feel the same way, but when the person expressing concern about the state of the 24-hour TV news network is Time Warner CEO Richard Parsons, the guy who ultimately runs both properties, it’s pretty telling. Mr. Parsons, who [...]