FinancialMedia.org

New York Times Plans to Expand Business Coverage Online

The New York Times is about to dramatically expand its business coverage online, according to an Adage.com article.  Vivian Schiller, senior VP-general manager of NYTimes.com, will gradually introduce new sections covering the economy, energy, small business, personal finance and enterprise technology.  Arguably, the Times is responding to encroachment from the print and online editions of the Wall Street Journal, which have been expanding their own general news and lifestyle coverage under the watch of Rupert Murdoch's News Corp.

Pew Research Center Tracks Decline of Business Coverage in Newspapers

Newspapers have sharply reduced business coverage over the past three years, according to the latest Pew Research Center report on the newspaper industry.  More than 250 newspaper executives representing more than one fifth of the 1217 daily newspapers in the United States were surveyed on a number of issues.  34% of the newspapers reduced business coverage or collapsed the business section into another section while 17% expanded the business section.  Despite the overall trend, 88% of the executives still considered business content essential.  The study was conducted by journalist Tyler Marshall and the Pew Research Center's Project for Excellence in Journalism.

WashingtonPost.com Adds Business Content Partners

WashingtonPost.com has added new content to its online business section by partnering with HarvardBusiness.org and BigThink.com.  HarvardBusiness.org’s Scott Berinato will discuss leadership issues in business through The Intelligent Leader, an original blog for WashingtonPost.com.   BigThink.com has launched the first episode of Voices on Leadership, an original weekly video interview series and the third series that BigThink.com provides to WashingtonPost.com.

Newspapers Unable to Tap Expanded Business Coverage by the Associated Press

The Wall Street Journal's Russell Adams has written an article about the tension between the Associated Press and its dues-paying member newspapers.  Over the past four years, AP has added 64 editorial positions to expand coverage of large companies and financial markets which better serves its online media customers like Yahoo Finance, MSN Money and CNNMoney.com.  However, newspapers looking for local business coverage are having difficulty leveraging this content.

QuoteMedia Delivers Stock Quotes for Captivate Network

Captivate Network has partnered with QuoteMedia to provide financial quotes and market data to more than 2.6 million business professionals that appears on nearly 8,400 wireless, digital screens located in the elevators of premier office towers in 24 of North America's largest markets.  Captivate Network, a subsidiary of Gannett, runs a digital at-work news and entertainment network.

Post-Gazette Cuts Back on Stock Listings in Print

The Post-Gazette has become the latest newspaper to reduce its offering of stock quotes in its print version and to direct readers to the online business section of its website for detailed market data.  Through a partnership with AP and MorningStar, the Post-Gazette will let online visitors track local companies and research stocks and mutual funds.

Nasdaq OMX Group Delivers Real-Time Stock Quotes to Financial Media Websites

Nasdaq OMX Group has begun selling real-time stock quote data to financial media websites under a six-month pilot project that is subject to final approval by the U.S. Securities and Exchange Commission.  Participating in the initiative called Nasdaq Last Sale are Google Finance, CNBC and the Wall Street Journal Digital Network, which will offer the new service on WSJ.com, MarketWatch.com and Barrons.com.  Each company will pay Nasdaq up to $100,000 a month to provide real-time stock quotes to their users.   Xignite is also participating in the program as a seller of on-demand web services for mission-critical financial applications to corporate intranets.

24/7 Wall St. Rates Online Financial Sections at Top 25 Newspapers

Douglas A. McIntyre of 24/7 Wall St. has rated the online financial sections at the top 25 newspapers in the United States based on their circulation as of March 31, 2007 taken from the Audit Bureau of Circulations.  The sections were graded from A to F using five criteria, including: 1) strength of content, 2) ease of use and navigation, 3) use of new web technology including comments sections, message boards, and multimedia 4) lay-out, and 5) presence of a strong set of current advertisers.  Receiving the highest grades were the online financial websites for New York Times, Houston Chronicle, and St. Petersburg Times.

Heart Business Journal for Women Appearing in Print After Going Online

Heart Business Journal which launched its website last September is set to deliver the premier edition of Heart Business Journal for Women to newstands in Canada and the UK on June 30.  Brenda Wood, the president and chief executive of EKG Marketing Inc., is the publisher of the glossy, bi-monthly magazine that targets professional women.  The website includes interactive tools for subscribers, including Q&A expert forums, message boards, podcasts, and a professional networking community.

Al Hilal Group Launches Business Magazine and Portal

Bahrain-based Al Hilal Group has launched The Gulf, a business magazine that will cover business, financial and economic developments in the Gulf countries of Bahrain, Saudi Arabia, Qatar and Kuwait.  Under the watch of publishing director, Abdullah Jonathan Wallace, the magazine will have weekly circulation of over 5,500 copies and global distribution including London, Paris, New York, Singapore, Beijing and Hong Kong.  Subscribers will have exclusive access to the magazine’s online news portal.