Browse > Home /

Is CNN about to buy Mashable?

March 12th, 2012 | No Comments | Posted by in Business

Reuters is reporting that CNN is expected to buy social media and technology site Mashable for more than $200 million (£128 million).

Felix Salmon, a Reuters blogger reporting from the annual South by Southwest technology conference held in Austin, Texas, says in a video posted last night (Sunday) that the broadcaster is expected to make an announcement tomorrow (Tuesday, 13 March).

In the video Salmon states:

Mashable is this huge website, it’s got the same kind of consumer focus that CNN does, it’s not aimed for the tech insiders, it’s aimed at the masses.

Mashable was set up in Scotland by Pete Cashmore who was then 19. It now has bases in New York and San Francisco and has more than 20 million monthly readers, according to the Reuters video.

However, paidContent suggests that a deal is far from being announced and suggests the story based on Salmon’s single, unnamed source is merely rumour.

Staci D. Kramer writes:

A source familiar with the situation describes the report of a deal as a rumour and tells paidContent no announcement is scheduled.

Well-known acquisitions of online-only news sites include AOL buying TechCrunch, and its Huffington Post purchase last year on which is spent £195 million.

CNN responded to a request by Journalism.co.uk for comments saying:

We do not engage in speculation about our business and we aren’t commenting on these reports.

Salmon’s video is below:

Tags: , ,

Similar posts:

Journalists shot dead in Somalia and Russia

December 19th, 2011 | No Comments | Posted by in Press freedom and ethics

Last week it was reported that the founder of independent Russian newspaper Chernovik was killed after being shot at 14 times.

The BBC reports that Gadzhimurat Kamalov “was hit by a hail of bullets” as he left his workplace in Dagestanon in the North Caucasus on Thursday, referred to by the Committee to Protect Journalists as the “most dangerous place for reporters” in Russia.

According to the press freedom group, reporters from the title “have been routinely persecuted for their work”.

“The assassination of Gadzhimurad Kamalov is a massive loss for independent journalism in the North Caucasus, Russia’s most dangerous place for reporters,” CPJ Europe and Central Asia Program Coordinator Nina Ognianova said. “Russian authorities must immediately, thoroughly, and effectively investigate this terrible crime and bring Kamalov’s killers to justice.”

This was followed with news over the weekend that a journalist working for a Somali television station was also killed after being shot in Mogadishu.

According to a report by Reuters, Abdisalan Sheikh Hasan “was shot dead in the capital Sunday by a man wearing a government soldier’s uniform, witnesses said”.

Tags: , , , , ,

Similar posts:

Media release: Reuters announces global extension of Journalism Trainee Program

December 7th, 2011 | No Comments | Posted by in Journalism, Training

Reuters announced today that it will be extending its Journalism Trainee Program outside the UK from 2012 and into New York and Asia.

According to a release the scheme, which offers nine-months of training, has been running for 50 years.

University graduates, working journalists and other professionals wanting to move into journalism can apply for the highly competitive program that involves hands-on training in the classroom and on the newsroom floor. Trainees who meet Reuters rigorous standards will be placed in staff jobs and assigned mentors to guide their careers at the company.

In a statement in the release editor-in-chief Stephen Adler, added that this year a total of 15 jobs were made available to trainees.

Active recruitment across universities and top journalism schools is underway to find exceptional talent committed to journalistic excellence. Applicants should exhibit a passion for news, a competitive instinct, and speak and write fluently in English.

Applications can be made online with a closing date of 31 December.

Tags: , , ,

Similar posts:

Telegraph: James and Rupert Murdoch to be questioned under oath

August 30th, 2011 | No Comments | Posted by in Editors' pick, Legal

The Telegraph reported yesterday that both James and Rupert Murdoch are to be questioned under oath in the High Court as part of the Lord Leveson inquiry into phone hacking.

According to the paper’s report Lord Leveson is also “keen” for the inquiry to be broadcast live. A Cabinet Office spokesman declined to comment on whether the Murdochs will be questioned, but told Journalism.co.uk live coverage of the inquiry is being looked into.  The closing date for submissions to the inquiry is tomorrow, with reportedly “dozens of letters” already having been sent to potential witnesses to ask for their input.

The Murdochs, as well as Andy Coulson and Rebekah Brooks, both former editors of the News of the World, are likely to be called.

David Cameron and other senior politicians are also likely to be questioned over their links to News International, the parent company of the News of the World.

Today Reuters also reported that lawyers for News International are carrying out “a broad inquiry into reporting practices at all of the company’s UK newspapers”.

Citing sources who have been briefed about the inquiry Reuters reports that lawyers for law firm Linklaters will be “looking for anything that US government investigators might be able to construe as evidence the company violated American law”.

In addition to conducting personal interviews with selected journalists, lawyers will also be looking at email and financial records, said this source.

A News International spokesman confirmed that a review of journalistic standards is underway at News International, which Linklaters is assisting with.

“This is part of a process that started a number of weeks ago and is under the ultimate control of the News Corp board through the independent director Viet Dinh, Joel Klein and the Management and Standards Committee”.

Tags: , , , , , , , , ,

Similar posts:

Reuters: Google+ gets 25m users in four weeks

August 3rd, 2011 | No Comments | Posted by in Social media and blogging

Google+ is the first website to achieve 25 million users in four weeks and is growing at a rate of one million new users a day.

The social network launched on 28 June and achieved 25 million users on its four-week anniversary, according to a report from Reuters.

In contrast, it took Facebook about three years to attract 25 million visitors, while Twitter took just over 30 months, according to comScore.

While the data show Google’s latest attempt at breaking into social networking has started strongly, it may not mean the project is a long-term success. MySpace grew to 25 million unique visitors in less than two years – faster than Facebook or Twitter. However, it’s lost a lot of visitors in the past year, comScore data show.

One million people in the UK have signed up to join.

The full Reuters post is at this link

Tags: , , , , , , ,

Similar posts:

Media release: Reuters launches 24-hour live news stream

Reuters this week announced it had launched an online live stream service, providing video access to breaking and scheduled news events from around the world.

In a release the news agency said the live stream will provide a faster and cost-effective option to the traditional satellite news-gathering method.

“Publishers asked for customizable news video, and that’s exactly what we are delivering,” said Chris Ahearn, president of media, Thomson Reuters.”You will continue to see Reuters delivering tools that increase efficiency, reduce cost, and drive revenue. We are working hard to meet the growing demands of the media industry.”

According to Reuters the Tribune Company in the US and Fairfax Media in Australia were the first to adopt the new technology, to carry live coverage of the royal wedding.

Tags: , , , , ,

Similar posts:

Reuters: Journalists in more than 500 attacks during uprisings, claims CPJ

The Committee to Protect Journalists claims reporters have been suppressed in uprisings in the Middle East and North Africa in more than 500 attacks, some of them deadly, Reuters reports.

Mohamed Abdel Dayem, program coordinator for the Committee to Protect Journalists in the Middle East and North Africa, said the number of attacks on the media in the region since the start of the year was “unprecedented”.

Dayem adds that 14 journalists are known to have been killed worldwide this year so far and 10 of these deaths were in the Middle East and North Africa.

Yesterday it emerged that two Western photojournalists had been killed while reporting on the conflict in Libya, British-born journalist Tim Hetherington and Getty Images staff photographer Chris Hondros.

Tags: , , , , ,

Similar posts:

Reuters: FT resisting Apple’s efforts to channel subs through App Store

April 4th, 2011 | No Comments | Posted by in Business, Editors' pick

Reuters reports today that the Financial Times is “resisting Apple’s efforts” to channel subscribers through the App Store.

Last month Apple launched a new subscription service which ruled that publishers will still be allowed to sell app subscriptions through their own websites but will also have to offer subscriptions through Apple from within the app for the same price or less. This will then give Apple an opportunity to take away a 30 per cent cut of the subscription charge.

As part of the new service it is understood that customers purchasing a subscription through the App Store will be given the option of providing the publisher with details such as their name and email address when they subscribe, while publishers can also seek additional information from App Store customers “provided those customers are given a clear choice”, a release said at the time.

But in an interview with Reuters, the FT said it wants to continue to sell subscriptions for its digital news directly, rather than “surrender control of new customers”.

Apple’s hit tablet computer, the iPad, has become a major driver of new subscriptions to FT.com, thanks to its large and crisp display, possibilities for interactive features and affluent customer base.

But the FT values direct relations with its customers which allow it to tailor advertising and products to its audience, and is resisting Apple’s efforts to channel them through the App Store.

News publishers across Europe have raised concerns with the new service, such as the loss of 30 per cent of the subscription revenue, which the International Newsmedia Marketing Association (INMA) said would mean news publishers will not be able to invest in new technology, products and services.

Tags: , , , , ,

Similar posts:

Media Release: Ongo adds Reuters to news feeds

News aggregation service Ongo is adding Reuters to its news feeds on offer to subscribers to its service.

Ongo launched earlier this year and offers content from news outlets including the Guardian and the Associated Press and provides a single web interface where full articles are delivered alongside customisation features, as well as curated content by an editorial team.

According to a release, the addition of Reuters brings the total number of daily stories for subscribers to more than 600.

Ongo’s base package consists of AP, Financial Times, New York Times picks, USA Today and Washington Post articles.

Tags: ,

Similar posts:

Reuters aims to ‘cut through the clutter’ with new specialised news products

March 8th, 2011 | No Comments | Posted by in Business, Editors' pick, Legal

Reuters announced via a press release yesterday that it is launching a suite of news products aimed at professionals in the legal, tax and accounting and science markets, which the international news agency claims will “cut through the clutter” in online news.

Combining the world-class journalism of Reuters with the analysis and rich content available through products like Westlaw and Checkpoint, these offerings bring to customers unmatched insight into the topics shaping their profession, and the context to make the right decisions for their business.

According to the release, Stephen Adler, editor-in-chief of Reuters News, is to lead the “build-out of news teams” to cover topics such as litigation, tax policy and intellectual property law.

Also in Reuters news, this week paidContent reports that the agency is to distribute celebrity news video from Hollywood.TV as part of a new deal.

Reuters will distribute Hollywood.TV’s celebrity news footage as a complement to its existing mix of entertainment coverage. The deal further enhances the Reuters America’s recently launched “unified content platform”.

Tags: , , , , ,

Similar posts:

© Mousetrap Media Ltd. Theme: modified version of Statement