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The Daily Beast/Newsweek Profitable in 2-3 Years? Hmmm.

When Brown claimed in November that the Beast was not “money-losing” but “on course to make money,” I suggested that claim be regarded with skepticism. When she claimed last week that Newsweek remains one of the world’s seven most influential news brands, I pointed to data showing otherwise. And, once again, a few grains of salt are required here.

 

Betting on News, AOL Is Buying The Huffington Post

Betting on News, AOL Is Buying The Huffington Post

The deal would give AOL a major presence in journalism, demonstrating the company’s intention to rely more heavily on online advertising.

Senh: That's great for The Huffington Post, although they're not exactly a content site. I wonder Drudge thinks of this. HuffPost is really just Drudge Report with editors for for different categories.

 

Media Watch: Top Newspapers, Ranked by Twitter Followers

The top 25 U.S. newspapers - according to the number of Twitter followers, as recorded by Journalistics a bit over a week ago - is below. Sitting very comfortably in first place is The New York Times with 2.6 million - and they are the only news source on the list that has more followers than print circulation. The Wall Street Journal is number two with 464,591 followers, and The Washington Post comes in at third with 204,514. The Chicago Tribune, however, if you count both of its Twitter accounts, including @ColonelTribune, totals a second-place 879,490. 1. @nytimes – 2,668,948 2.

 

Daily Beast-Newsweek Merger Off: Website Drops Out Of Talks

After months of rumors, and amidst mounting speculation that a deal was imminent, The Daily Beast announced that it has withdrawn from talks with Newsweek about a merger between the two organizations. Had the deal gone through, Brown was widely expected to have become editor of the magazine.

 

Digg’s Decline by the Numbers: Plummeting Traffic, Waning Power

Digg’s Decline by the Numbers: Plummeting Traffic, Waning Power

When it comes to releasing a new product, users and pundits’ opinions only count for so much, but numbers — including revenue and traffic– don’t lie... This week, the web analysts at Hitwise gathered data showing a 34% decline in visitors in the U.K. and a 24% decline in the U.S. in the past 11 weeks.

Senh: There's something wrong with these charts. Shouldn't the week of the relaunch of Digg v4 show at least a slight increase in traffic? During the launch date, the news media and bloggers were writing about it, which should result in a traffic spike.

 

Reddit, Digg Rivalry Heats Up With #DiggRevolt

Reddit, Digg Rivalry Heats Up With #DiggRevolt

The brand new Digg is under fire on its first ever Monday from both its most loyal users and the competition at Reddit. Launched last Wednesday, Digg power users have launched a Digg Revolt today, some calling it "Quit Digg Day," and the Reddit community has embraced the feud.

Senh: This is pretty interesting. Digg's frontpage is still filled with Reddit links. It'll be interesting to see where this goes. Digg's redesign was aimed directly at lessening the powers of their hardcore users. Pissing off your most loyal users is never a good idea, but we'll see where this goes.

 

7 Reasons Why The New Digg Version 4 May Lead To The Company’s Demise

7 Reasons Why The New Digg Version 4 May Lead To The Company’s Demise

Within the past three weeks, Digg.com has allowed some of their most loyal users to sign up and try out Digg version 4 . It has been speculated that they will be doing a full roll out of the new site sometime within the next two months.

Senh: No RSS feeds? Really? That's going backwards, not forward. As for punishing power users, whenever you have a system where users vote on the content, there's bound to be abuse. I'm not sure if there's much you could do about it other than to ban the user whenever he/she is caught.

 

Digg’s Looking For A New CEO

Digg’s Looking For A New CEO

Rose went on to give a pretty detailed overview of his experiences so far . The role seems to be taking its toll, the words “nightmare” and “stressed” cropped up a couple of times but he does also say it “feels really good.”

 

HuffPo to celebrate 5th with profit ... eventually

The Huffington Post will soon turn 5 — veritable old-age in Internet years. As the site, co-founded by Arianna Huffington and launched on May 9, 2005, marks the anniversary, its proclaimed mission to be an "Internet newspaper" gains more credence every time its traffic surpasses the websites of its print brethren.

 

Online sites win journalism firsts at Pulitzers

Online sites win journalism firsts at Pulitzers

ProPublica, in an historic first for online journalism, won a coveted Pulitzer Prize on Monday for investigative reporting about controversial deaths at a New Orleans medical center following Hurricane Katrina.

 

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