[Sydney, AUSTRALIA] News Corporation today announced that News Digital Media, the company's U.S. digital subsidiary, will cease production of the Web sites Foxnews.com, Foxsports.com and Fox.com, which will be transferred back to the company's traditional Fox News Channel, Sports Television Group and Broadcasting Company, respectively.
The move will reportedly lead to 200 job losses over the next six months. News Corp said the shutdown will take place "as quickly as possible" and is expected to result in significant cost savings for the company.
"During the early days of Internet growth, there was a fear that television and Web programming would rival each other," said Jon Richmond, president of News Digital Media. "On the contrary, we have seen a strong symbiotic relationship develop between Fox's online and broadcast platforms, and the time is right to capitalize on that relationship by streamlining our sports, news and entertainment programming." Lintas Media Group retains Sony Corp media account - Marketing and ::
Mar 24, 2008 Mumbai: Lintas Media Group has managed to retain Sony Corp account. RIL, ONGC offshore operations may face shut down
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Kamen In The News : Kamen & Co. Group Services - Print-Media ::
May 5, 2008 In The News. Suffolk Life to shut down. By Michael H. Samuels Group Services, a print and digital media appraisal firm,
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In August last year the division was on a high to which it never returned, Foxsports.com alone hiring eight senior journalists from major U.S. newspapers. Foxnews.com offered full news coverage including streaming of live events from its cable television counterparts. Around 450 staff are currently employed within the division. New York Times Company (NYT)::
For example, the New England Media Group, which includes The Boston Globe, . Gannett and trails News Corporation, which is a large media conglomerate.
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Mediashift : RSS info via LibWorm::
Oct 1, 2007 PC World Bolt.com Shuts Down, After Failed Acquisition By GoFish . News Corp. Is Poised to Win Dow Jones WSJ Online* Bancrofts'
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The Washington Times, America's Newspaper::
Dec 4, 2007 It's an interesting, affirming move by News Corp., to "get genuine," instead of having their machines shut down, the firm reports:
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Murdoch 2.0 - Forbes.com::
For News Corp., as it is for every media company, the Internet is an opportunity to . When asked to handicap the succession race, Murdoch shuts down.
http://www.forbes.com/2007/01/24/murdoch-myspace-tribune-tech-media-cz_pk_0126murdoch.htmlHOME |
 Forrester Issues Long-Range Forecast for European Mobile Industry
 This Is Not Your Father's ISDEX
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