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March 24, 2005, 12.17am • 27 comments » • 2,422 Views
Round-up
- Media consolidation abounds. Local news aggregator Topix has been all but bought out by a consortium of major news organisations. Gannett, Knight-Ridder and the Tribune Co acquired a 75% stake in the nine-member Palo Alto firm, that’s a 25% interest each (broken by John Battelle. New York Times last week bought About.com, The Wall Street Journal recently bought up CBSMarketwatch.com and and InterActiveCorp this week agreed to purchase Ask Jeeves, says CNET News.com.
- A CNN/USA/Gallup poll yesterday may have said that “while blogging is wielding some influence in media and political circles, traditional news outlets are still the dominant sources of information for the American public” - but that doesn’t stop editorsweblog.org from positing on bloggers’ future influence on the media. And anyway, the head of the world’s largest independent PR firm reckons blogs are enabling companies to bypass conventional mass media communication channels, disintermediating the news organisations on their way to total connection with audiences.
- AFP’s lawsuit against Google News is foolish, according to morph.
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