Federal Industry Minister Christian Paradis dealt what appears to be the final blow Tuesday to BCE Inc.'s faltering bid for Astral Media Inc., saying Ottawa doesn't "have any intention to intervene" in the proposed bid.
BCE Inc. has petitioned the federal cabinet to tell broadcast regulators to re-evaluate the controversial $3.38-billion offer, which the Canadian Radio-television and Telecommunications Commission rejected on Oct. 18.
"At this point, there is an appeal possible according to the law, but we don't have any intention to intervene," the minister said following an address to an industry conference here.
The blunt comments appear to all but rule out a merger of Astral with Bell Media, the entertainment unit for BCE, the country's largest telecommunications and media company.
Wednesday, October 31, 2012
The Globe and Mail's paywall is here. Can it succeed? Does it deserve to?
The Trontoist's take on the Globe and Mail's paywall:
"As of now, anyone who doesn’t subscribe to the Globe is entitled to just 10 articles a month before the website prevents them from reading more, though articles accessed through links on social media are still free and unmetered. A digital subscription is $19.99 for a month, and free for existing print subscribers."
The whole story
"As of now, anyone who doesn’t subscribe to the Globe is entitled to just 10 articles a month before the website prevents them from reading more, though articles accessed through links on social media are still free and unmetered. A digital subscription is $19.99 for a month, and free for existing print subscribers."
The whole story
Tuesday, October 30, 2012
Newspaper Circulation: Wall Street Journal leads, but overall newspaper circulation flat
U.S. newspaper circulation was almost unchanged in the six months that ended in September as publications continued to make gains in digital editions, according to data from a media industry group.
Average daily circulation for print and digital editions combined fell 0.2 percent for the 613 newspapers included in the semiannual study by the Audit Bureau of Circulations. Sunday circulation for the 528 newspapers in Tuesday's report increased 0.6 percent.
The Wall Street Journal kept its position as the No. 1 newspaper. Its average circulation grew 9.4 percent to 2.3 million, largely because more readers are paying to read content on its website and mobile devices. Digital circulation grew about 257,000 from a year ago, more than making up for a loss of nearly 60,000 in print.
USA Today was second at 1.7 million, down 3.9 percent.
Monday, October 29, 2012
Penguin, Random House merge to create world’s largest consumer book publisher
Pearson PLC will merge its Penguin Books division with Random House, which is owned by German media company Bertelsmann, in an all-share deal that will create the world’s largest publisher of consumer books.
The planned joint venture brings together classic and bestselling names. As well as publishing books from authors such as John Grisham, Random House scored a major hit this year with “Fifty Shades of Grey.” Penguin has a strong backlist, including George Orwell, Jack Kerouac and John Le Carre.
The two companies said Monday that Bertelsmann would own a controlling 53% share of the joint venture, which will be known as Penguin Random House.
Bertelsmann would keep full control of Verlagsgruppe Random House, its trade publishing business in Germany, and Pearson would retain the right to use the Penguin brand in education.
Toronto Star to launch digital subscription
"In a significant transition for our newspaper and our popular website, the Toronto Star will launch a paid-subscription program in 2013 for full access to all the stories and features on our website, thestar.com." Star publisher John Cruikshank announced.
"This move will provide a new source of revenue for the Star that will help support our ability to provide readers of both our print and online editions with the best and most comprehensive package of news and information in Canada," he said in the newspaper.
"Under the plan, most print subscribers to the Toronto Star will receive free full access to thestar.com’s content, wherever and however they want.
"Complete details of the program, including how to register and how much we will charge, will be released in the coming months."
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