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A war between traditional paid newspapers and free dailies is arriving soon in the U.S., writes Media Life.
In European cities such as Copenhagen, two to three new free dailies are launching in markets that already have one or two paid dailies. The situation hits the dailies hard, as they fight for readers and advertisers.
Soon Boston will get another free daily, called Boston Now, that will compete with the Boston Globe, freebie Metro Boston, and others. And Boston Now’s publisher, Icelandic Dagsbrun Media, plans to launch 8 to 10 more in the country.
Expect to see existing dailies launching their own free sheets to discourage entrance by the likes of the Examiner chain - which now has papers in Washington, San Francisco and Baltimore - and Dagsbrun.
The cities that already have free dailies will be looking to increase circulation. Boston Metro plans to increase distribution from 165,000 to 200,000 daily, while The Tampa Bay Times last week increased distribution above 356,000 copies a week.
All sectors of the media business will suffer from the weakened economy in 2008 and 2009, with a slump in local advertising particularly hurting newspapers and local TV, according to a new projection from Goldman Sachs.
Broadcast nets will experience…
The New York Times is shuttering its International Herald Tribune site; NYTimes.com will soon host the international news normally reserved for its sister website.
The move is not about cost savings, but rather about growth, NYTimes.com general manager Vivian Schiller…
Unilever’s Vaseline set forth on an unusual research project in a small town in Alaska. Setting up a storefront, the company began giving away free bottles of lotion and asking recipients to name the person who had recommended they come…
Meet the Press, the show hosted by Tim Russert for 17 years before his death last June, is beginning to slip in ratings.
Last month, CBS’s Face the Nation pulled ahead of Meet the Press for the first time in two…
Bloggers collectively create nearly one million blog posts each day, and half of bloggers believe blogs will be a primary source of news and entertainment in the next five years, according to Technorati’s 2008 State of the Blogosphere Report, MarketingCharts writes.…
Wal-Mart and Costco reported same-store gains in September, with sales rising 2.4% and 9% respectively. Sales at Target stores open at least a year fell 3%, writes Retailer Daily.
Below, fiscal results from the discount retail giants:
Sales of food and…
