Newspaper Investment Highlights: Times – Need to Know
BSkyB: The satellite
broadcaster is in talks with an Abu Dhabi-based private
investor to launch
a rolling 24-hour Arabic language satellite news channel across the Middle
East and North Africa region. BSkyB, which
is 39.1 per cent- owned by News Corporation, parent company of The Times,
said that it intends to operate the free-to-air channel under the Sky News
brand.
Public service
broadcasting: Spending by the BBC, Channel 4, ITV and Five on
UK-originated
programming fell by 6 per cent year on year in 2009 to £2,3 billion, as the
advertising recession hit revenues, according to Ofcom, the media regulator.
AudioGo: BBC Worldwide
has sold a majority stake in BBC Audiobooks to AudioGo for an undisclosed
price after a sales process that began last year. BBC Worldwide, the
commercial division of the broadcaster, will retain a 15 per cent stake.
Jornal do Brasil: The daily
newspaper said that it would end its print editions in
September after
119 years but continue to offer its content online to paid subscribers.
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