Pre-tax profits have fallen 56% at regional publisher Johnston Press, to £43 million.
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News Corporation executive claims paywalls and free models can “co-exist”.
Publicis boss Maurice Levy claims newspapers need to find a balance between free and paid-for online content to survive the digital age.
US spending on online advertising will overtake print in 2010 for the first time, according to a new forecast from Outsell Inc.
Regional media business Archant has reported a 32% fall in operating profit for 2009, to £15.1 million.
Metro has retained its contract to distribute newspapers on the London Underground.
In a morning where book publishers seemed to be getting on with it, whilst newspapers and web companies are still trying to work it out, it was a presentation by John Makinson, CEO of Penguin Group, that delegates at the FT Digital Media & Broadcasting Conference were discussing over lunch.
The Times has scrapped its daily Times2 supplement and added a series of new pullouts and a four-page puzzles section in its place.
The overwhelming majority of Americans (92%) use multiple platforms to get news on a typical day, according to new research from the Pew Research Center.
Alexander Lebedev is a stage closer to finalising a deal for the Indy titles after agreeing to honour the Independent printing contract with Trinity Mirror for five years.