Emptynewspaper CIRCULATION CONTINUES to slide
U.S. newspaper circulation fell 3.6% year-over-year for the six months ending in March, reflecting a migration of readers to the Internet and publishers' efforts to streamline their businesses. Weekday paid circulation at many of the top 25 U.S. papers fell, but USA Today and the Wall Street Journal reported gains of less than 1%. The figures were released by the Audit Bureau of Circulations.
VERIZON ADDS TO SUBS; PRICE going up
Verizon Communications added 263,000 net FiOS TV video customers in the first quarter, ending it with 1.2 million users. Executives said that they plan on boosting prices for the service.
Belo cuts Q1 loss
AH Belo reported a narrowed first-quarter loss Monday in its first results since the company was spun off. The $8.7 million loss compared with a loss of $9.4 million a year ago. Revenue fell 8.8% to $160.2 million.
BLOCKBUSTER UPS ITS GAME
Blockbuster has expanded its video games retail offering by making game software and hardware available for all its U.S. stores as part of its broader plan to boost its games business. Blockbuster is offering games, hardware and accessories for the PlayStation 3, Xbox 360, Wii and DS.