Other results saw Wellington's Dominion Post record 98,251, up 19 papers from a year ago,the Press, Christchurch, stable at 92,465 and the Otago Daily Times down slightly at 43,246.The Sunday Star-Times fell about 2700 from 12 months ago to 200,991 and the Sunday Newswas down nearly 6000 to 95,546.http://www.nzherald.co.nz/section/story.cfm?c_id=3&ObjectID=10381423; May 12, 2005NorwaySchibsted ASA (Nachrichten) said it continues to focus on expansion through organic growthin 2006, and it still plans investments <strong>of</strong> about 300-400 mln nkr this year. The comment cameafter the group posted first-quarter operating pr<strong>of</strong>it <strong>of</strong> 278 mln nkr, down from the 401 mlnposted a year ago, but above the forecasts <strong>of</strong> analysts polled by TDN Finans, who hadexpected operating pr<strong>of</strong>it <strong>of</strong> 247 mln. The group said increased investments in new projectsaffected earnings by 64 mln nkr in the quarter, compared with 20 mln nkr a year ago. Sales inthe quarter were 2.557 bln nkr, up from 2.432 bln a year ago and again higher than analysts'expectations <strong>of</strong> 2.466 bln. EBITA was 167 mln nkr, down from 194 mln. The analysts hadseen 142 mln. Pretax pr<strong>of</strong>it also fell from last year, to 262 mln nkr from 385 mln, but wasagain above analysts' forecast <strong>of</strong> 232 mln. The Norwegian media group still expects acontinued strong growth from its internet activities in the future. Schibsted also seesinteresting growth possibilities outside Norway and Sweden and it will continue to use itsstrong position and unique experience to develop online concepts elsewhere in Europe. It saidthese developments will primarily occur on the basis <strong>of</strong> the group's free newspapers, possiblyin cooperation with local newspaper publishers. Schibsted added that planned initiatives to cutcosts <strong>of</strong> 100 mln nkr at its VG newspaper will be carried out in 2006 and 2007. The group isalso negotiating to buy the remaining 50 pct ownership in Sandrew Metronome from thefoundation that holds the shares.http://www.finanznachrichten.de/nachrichten-2006-05/artikel-6416607.asp; May 11, 2006PolandPolish media group Agora said its net pr<strong>of</strong>it sank to 0.8 million zlotys in the first quarter from43.3 million a year ago due to the high costs <strong>of</strong> a newspaper war with Germany's AxelSpringer. Earnings were far below an average forecast <strong>of</strong> 11 million zlotys ($3.67 million) ina Reuters poll <strong>of</strong> analysts as the group suffered from an ill-fated daily newspaper project andpromotions to defend its flagship title Gazeta Wyborcza. Revenues inched up 1.5 percent to295.1 million zlotys, roughly in line with market expectations <strong>of</strong> 294 million zlotys. Agora,which also owns several radio stations and an outdoor advertising business, is also seen underpressure in the months ahead after Springer launched its new Dziennik daily in mid-April,targeting Wyborcza as its rival. Agora in February pulled the plug on its Nowy Dzien dailyafter just three months <strong>of</strong> operation, citing poor sales in an increasingly costly battle withSpringer for supremacy in the newspaper market. Last month it also cut the cover price <strong>of</strong>Gazeta Wyborcza -- the country's second-top selling newspaper with daily sales <strong>of</strong> 415,319 inFebruary -- by 46 percent to 1.5 zlotys to bring it into line with Springer's Dziennik. The warwith Springer, whose first daily launched in Poland in 2003 and quickly overtook GazetaWyborcza as the best-selling newspaper, prompted Agora to boost spending on promotionand is seen continuing to weigh on its results.http://today.reuters.com/business/newsarticle.aspx?type=media&storyID=nL11726274&imageid=∩ May 11, 2006RussiaNorwegian publisher Schibsted is preparing to launch an independent community newspaperin Moscow this fall, modeling it after a publication it recently acquired in St. Petersburg.4
Schibsted, which owns the largest newspapers in Norway and Estonia as well as successfulpapers in France and Spain, bought 66.7 percent <strong>of</strong> St. Petersburg's Moi Raion newspaper inMarch. http://www.moscowtimes.ru/stories/2006/05/23/012.html; May 23, 2006South AfricaThe phenomenal growth <strong>of</strong> the Zulu-language tabloid Isolezwe - 32% year-on-year since the2002 launch date - continues unabated with average daily sales <strong>of</strong> 100,000 now well withinrange. Latest AMPS figures show the paper attracts just under 600,000 readers daily whilesales average around 89,500 (they were 34,000 in the second half <strong>of</strong> 2002). The Durban-basedtitle in the Independent <strong>Newspapers</strong>' stable has entrenched itself in the middle market,appealing to an upwardly mobile audience. And significantly, Isolezwe appeals to womenwho comprise 43% <strong>of</strong> its readers. Isolezwe readers are very proudly Zulu and passionateabout their culture. But, that doesn't mean they hold on to the past without embracing modernlife. Readers are keen consumers <strong>of</strong> modern technology, stylish clothes, fancy cars,sophisticated drinks, and the like. http://www.biz-community.com/Article/196/90/9244.html;February 13, 2006ThailandMass-circulation daily newspapers are considering raising their prices for the first time inseven years to between Bt10 and Bt13 in March from the current Bt8 to <strong>of</strong>fset increasingcosts <strong>of</strong> paper and transportation. A source from a newspaper agency said that large masscirculationnewspapers, including Thai Rath Daily News and Kom Chad Leuk were havinginformal talks, and are ready to increase their prices. All other papers are waiting for ThaiRath, which has the largest circulation, to make the first move. The source said that manymagazines including Praew, House and Garden, and the Tourism Authority <strong>of</strong> Thailand’s OrSor Tor, have already adjusted their prices since the end <strong>of</strong> last year. In the middle <strong>of</strong> January,semi-weekly business newspapers Thansetthakij and Prachachart Thurakij raised their retailprice to Bt25 from Bt20, similar to weekly business newspapers such as Krungthep Thurakijand BizWeek. Manager Weekly will raise its copy price in the next two to three months.“They [major mass-circulation daily newspapers] suggested a maximum price <strong>of</strong> Bt15 afterthe adjustment. The price increase will meet the continuous increase <strong>of</strong> raw material costs,particularly paper, as well as transportation costs. The price adjustment may be announced inMarch,” said the source. Another source from a mass-circulation newspaper said thatpublishing firms had been meeting since January to discuss how they should deal with coststhat have been increase for more than a year now. Since the end <strong>of</strong> 2004, paper prices haverisen from US$550 (Bt21,634) per tonne to $640, while transportation costs jumped by 50 percent thanks to increasing diesel prices. “It is widely accepted that both small and majornewspaper firms have been affected severely by the increase in paper and transportation costs.It depends on the financial strength <strong>of</strong> each publication whether and how long that they canbear increasing costs,” said the source. He added that price increases might affect the sales <strong>of</strong>publications. Se-Education Plc, a local book store chain, yesterday issued its publicationsurvey “The Best in <strong>Newspapers</strong> and Magazines 2005”. The survey <strong>of</strong> more than 430publishing outlets, found that 96 new magazines were launched last year, compared with 85magazines in 2004. Of the new magazines last year eight were women’s magazines, eightentertainment, eight education, seven tourism, seven automobile, six high-tech products, fourmarketing and four teenage girls variety magazines. For the mass-circulation dailynewspapers, the top five sellers <strong>of</strong> 2005 were the same as 2004: Thai Rath, Daily News, KomChad Leuk, Khao-sod and Matichon. The best selling daily business newspaper in 2005 wasManager Daily, up from the third place in the previous year, followed by Krungthep Thurakij(140,000 copies) and Post Today (80,000 copies). According to the survey, Manager Daily5
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