Andrew Edgecliffe-Johnson

GE chief signals appetite for media assets

Jeffrey Immelt has declared his interest in buying media assets in a sign that a slumping economy has not shaken General Electric's confidence in its television and film business, NBC Universal.

Malone eyes swap for AOL dial-up arm

Liberty Media is considering swapping its shareholding in Time Warner for the dial-up business of AOL, John Malone said on Monday, raising the unexpected prospect of a competitive auction for the declining Internet access operation.

Music industry 'should embrace illegal websites'

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The music industry should embrace illegal file-sharing websites, according to a study of Radiohead's last album release that found huge numbers of people downloaded it illegally even though the band allowed fans to pay little or nothing for it.

Google weighs new move on Yahoo

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The senior management of Google was meeting to discuss the search group’s response to Microsoft’s latest approach to Yahoo as it emerged the software company had made a firm proposal to Yahoo that goes beyond a simple partnership on search advertising.

US newspaper gloom overshadows industry survey

The gloom hanging over the US newspaper industry is distorting an otherwise optimistic mood among the world’s newspaper editors, according to a global survey of newsroom opinion. Only 30 per cent of North American newspaper editors polled by Zogby International believed that the quality of journalism would improve over the next decade, compared to 45.5 per cent in Western Europe and over 60 per cent in Latin America, Africa and the Middle East.

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