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Earnings: Independent Web Revs Up 23.3 Percent This Year
http://www.paidcontent.co.uk/ entry/ 419-earnings-independent-web-revs-up-233-perc...
The Independent and Belfast Telegraph publisher Independent News & Media (INM), which operates 100 websites, saw online revenue grow 23.3 percent in the six months to June 30 - but investment in the web and a poor UK economy dragged down the bottom line. Group net profit was actually up 28.2 percent to â¬48.7 million - not bad, considering the worsening outlook for advertising, which dipped only 0.6 percent group-wide. But online investment was included in 1.4 percent higher group costs, and the publisher recorded "certain online and education start-up development costs" of â¬6 million as part of a â¬19 million exceptional charge - mainly web setup costs in Australasia and Ireland.
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More Gloom For UK Newspapers, Web Gains Not Offsetting Economy
http://www.paidcontent.org/entry/419-more-gloom-for-uk-newsp...More Gloom For UK Newspapers, Web Gains Not Offsetting Economy By Robert Andrews - Wed 27 Aug 2008 03:59 AM PST The outlook for UK news publishers is as gray and overcast as this summers weather has been, as the latest earnings testify. Johnston Press,
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Photobucket's sale to Fox: How VC insiders made big personal returns
http://blogs.guardian.co.uk/digitalcontent/2008/08/photobuck...Photobucket's sale to Fox: How VC insiders made big personal returns paidContent / Deals 11:42am By Rafat Ali On July 31, an email landed in my inbox alleging that some venture capitalist insiders from Insight Venture Partners benefit disproportionately
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