Monday, November 15, 2004

German media overcome downturn

German media overcome downturn inspite of difficult advertising climate
Axel Springer, europe's largest newspaper publisher reported positive growth too. the sector improved primarily due to:
  • new titles
  • cutting costs
  • higher sales of core books, magazines etc
  • pay TV subcriber growth to 3 million
These are positive signs for the industry in a restrained economy.

AOL makes sweeping structural changes

AOL makes sweeping structural changes to eliminate bureaucracy and lackluster results from segments of a large business being overshadowed by positive results from another and create new profit centres. the four divisions are

  • access: internet connections division
  • audience: .com operations and netscape
  • digital: digtal services like music downloads
  • europe: aol europe

this would cause around 700 job losses in management alone.

Digital move alarms Brussels

Digital move alarms Brussels. the european union expressed strong anittrust sentiments on the proposed takeover of Microsft and Time Warner of contentguard a compnay which holds many patents in digital privacy and the Digital Rights Management market which is crucial to digital entertainment development.