SEC filing starts Gannett speculation

The Wall Street Journal’s Deal Journal blog speculates that Gannett Co. Inc. could be sold soon. The nation’s largest newspaper publisher - and owner of more than 20 TV stations made a recent filing with the SEC that could signal a management buyout. The company is trading near a ten-year low, and is down 23% this year.

3 comments August 9th, 2007

ClickonDetroit streams home makeover live

WDIV’s ClickonDetroit.com is streaming a unique live event all day today. Detroit’s real estate market isn’t having the best of times, and “The Real Story on Real Estate” is a station initiative to demonstrate “how to dress your home to sell fast.” Users can watch the stream to see a home undergoing a makeover, and they can call or chat with “real estate experts” about mortgages, selling techniques and foreclosures.

And surprise, there’s no TV satellite or microwave truck at the house. The live feed is a powered by a miniDV camera, laptop (with Streambox) and a Sprint EVDO card at 350K upload speed. Sweet. (Thanks Greg for the heads up!)

8 comments August 9th, 2007

How ‘vs.’ thinking drags everyone down

Television vs. newspapers. Blogs vs. news. The web vs. print. VJs vs. photogs. You can find tons of “vs.” at every journalism conference, in every media boardroom, and indeed on every media blog. The “vs.” supposes that there are two choices, and it is the notion that we need a “vs.” that is one of the biggest reasons why traditional media and new media aren’t performing nearly as well as they could.

Read the full post 6 comments August 9th, 2007

FOX Interactive Media has first profitable year

In the past year, FIM has earned $550 million in revenue. That’s $50M over what News Corp had as their goal. Plus, FIM doubled the revenue number from the quarter a year ago. Murdoch has projected that FIM could break $1 billion in revenue for 2008, and he forecast that MySpace would account for $800 million of that.

1 comment August 9th, 2007