RSS | RSS Comments | Subscribe by Email

Tag: industry news

Shaping the Future of Classifieds Workshops

“Shaping the Future of Classifieds” will take place in Tallinn, Estonia (EU) on 13-16 May 2009.

Altex and Trinidad Consulting have been commissioned to deliver two workshops at this international conference organised by the International Classified Media Association.

more…

Scripps Adopts AdPay Classified Ad Platform

NEW YORK The E.W. Scripps Company has chosen AdPay Inc. to provide Scripps with a new print and online classified-ad platform for users of their newspaper Web sites.

According to Rusty Coats, vice president/interactive for Scripps, there was an immediate need to simplify and better integrate the print and online marketplace. Scripps expects its 19 newspapers to be live on the AdPay platform by June 1, joining hundreds of other media Web sites as partners in the AdPay national classifieds network.

more…

Newspaper Ad Sales Down? Fire Ad Staff!

The Boston Globe, the revenue-challenged sibling of The New York Times, is laying off employees as it copes with a decline in advertising revenue made only worse by the recession. The thing is, it’s laying off advertising staff.

more…

Fastest Growing Job Site on the Internet Chooses SupportSave

BOCA RATON, FL and CEBU CITY, PHILIPPINES – SupportSave Solutions, Inc. (www.supportsave.com) (OTCBB: SSVE), a provider of Business Processing Outsourcing (“BPO”) services, has been selected by a leading jobs website to provide back-office support.

more…

Axel Springer Achieves Highest Profit in Company History

German publishing group Axel Springer AG said Wednesday it recorded its highest net profit ever in 2008, rebounding from a loss in 2007, when earnings were hurt by write-downs.

The Hamburg-based publisher of Germany’s Bild daily, the country’s largest circulation newspaper, booked a net profit of €571 million ($719 million) in 2008, compared with a loss of €288 million in 2007. The loss in 2007 was related to a write-down for the company’s stake in the PIN Group, a mail service joint venture Axel Springer had undertaken with other publishers.

more…

LiveDeal, Inc. Announces Continued Progress Toward Customer Transition

LAS VEGAS “” LiveDeal, Inc. (NASDAQ: LIVE), which combines Internet classifieds, Internet Yellow Pages directory and local customer acquisition services for small businesses, announced today that it has sold approximately 14,000 customers from the company’s directory business for approximately $3.1 million.

“As we have made clear in our previous announcements, this transaction represents the next step in our plan to transition LiveDeal away from our traditional listing business toward our emerging suite of Internet customer acquisition services,” said LiveDeal, Inc. Chief Executive Officer, Mike Edelhart.

more…

ForWant.com Selects Oodle Classfied Network

IRVINE, CA – (OTCBB: FNGP) – ForWant.com, a FREE Classified Network, announced that it has selected Oodle (www.oodle.com) to power its classified network. Oodle, which operates the largest network of classifieds services in the U.S., provides buyers access to more than 40 million listings aggregated from more than 80,000 different sites.

more…

McClatchy to Cut 1,600 Jobs, Salaries

The McClatchy Co. said Monday it will cut about 15 percent of its work force, or 1,600 full-time jobs, as part of its restructuring.

Sacramento-based McClatchy (NYSE:MNI) is the third-largest newspaper company in the United States, with 30 daily newspapers, approximately 50 non-dailies, and direct marketing and direct mail operations. In Washington state, its papers include The News Tribune (Tacoma), The Olympian, The Bellingham Herald and the Tri-City Herald. McClatchy also owns 49.5 percent of The Seattle Times.

more…