Newspaper websites’ ad revenue got progressively worse in Q3, as the declines reached nearly 17 percent to $623 million, according to the latest Newspaper Association of America stats. In comparison, newspaper sites’ Q308 decline was only 3 percent; sequentially, Q2 newspaper online numbers fell 15.9 percent. Despite the deep revenue woes newspapers find themselves in on the print side, the combined print and online category actually saw some improvement sequentially, but it’s still nothing to cheer about.
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Yahoo (NSDQ: YHOO) Chief Technologist Sam Pullara is leaving the company, capping off a week of high-profile departures.
Most forecasters have expected broadcast ad revenues to experience a nice recovery as the recession eases, but BernsteinResearch analyst Michael Nathanson expects a TV advertising to see a rebound that could bring stations back to their healthier 2007 levels.
It now seems all but official that Google (NSDQ: GOOG) will pull its search operations in China; Chinese media says Google will make an announcement Monday and the search engine could shut down as soon as April 10.
Palm (NSDQ: PALM) provided a stark view of its financial and market position yesterday after releasing its third-quarter results.
When I spoke with SpinVox buyer Nuance, as it began planning the future for the voicemail-to-text firm last month, it said it would pitch the service harder to network operators, stop offering new direct consumer accounts, but continue to maintain the service for existing subscribers.
—Zynga: The FarmVille creator has hired Steven Chiang as president of the development studios, CEO Marc Pincus announced on his blog this week.
Yahoo (NSDQ: YHOO) is moving quickly to fill the void left this week by the surprising departure of sales chief Joanne Bradford by handing her duties—for “at least the next few months”—to Yahoo North America head Hilary Schneider, according to a report in AdAge.
Palm’s poor performance was no surprise today since it sent out a warning last month that sales were falling way short of expectations.
Since updating its look last fall, iVillage has been tinkering at the edges, adding three new channels around celebrities, food and even astrology.