Ziff Davis acquires emedia Communications; new Long Beach and LA start-up newspapers to merge
Pandora reports 28 percent gain in listener hours in last monthly report, total share increases to over 9 percent in May
It would be hard to explain U.S. elections to an outsider. In one state parties hold closed primaries where candidates with similar positions fight it out to convince voters they are more radical that the other guy; while in other states open primaries require candidates to prove they are the more moderate one.
In Mississippi, in a widely watched race, six-term incumbent Thad Cochran is trailing his tea party backed challenger State Senator Chris McDaniel by a few votes. Neither candidate will get to 50 percent and so a runoff is likely – something that probably is to the advantage of the challenger.
In California, the more moderate Republican candidate managed to beat off a challenge from a tea party candidate to come in second in the primary for governor. That will allow him to face incumbent governor Jerry Brown who came in first buy more than a million votes – far more than the two GOP candidates received in total.
Ziff Davis today announced that it had acquired emedia Communications LLC, a provider of research to IT buyers and leads to IT vendors, from Reed Business Information. emedia will become part of the Ziff Davis B2B unit.
Many observers think that music streaming service Pandora faces a tough future, what with the Beats Music acquisition and the desire of other platform owners to enter the space. But Pandora was able to announce some solid growth today, announcing that listener hours had increased 28 percent and total radio share was at 9.13 percent, up from 7.29 percent at the same time a year ago.
Pandora had been reporting monthly metrics, but will now go back to quarterly reports following this May report. Pandora had been making monthly reports as part of its effort to win advertiser support.
Freedom Communications Inc., the owner of the Orange County Register, which launched a series of new daily newspapers seven weeks ago, has already announced plans to trim back its ambitions. The newspaper company said on Tuesday that it would merge the Long Beach Register with its Los Angeles start-up, then cut up to 100 positions.
Ken Doctor, the only person in all of the newspaper industry that any reporter ever quotes, said “they had a contrarian strategy on print, and it’s not been borne out. Print is going away.” Well, if Ken Doctor said it then it must be true as everyone else with an opinion on the newspaper business has either died or retired apparently.
The newspaper chain was purchased by greeting card company executive Aaron Kushner two years ago and one of the new owners first moves was to close down the OC Register’s new tablet edition. The company then bought the Riverside Press-Enterprise in 2013 for $27.25 million. Then came the launch of new regional print newspapers, a move that was surprisingly under reported (probably because Ken Doctor can only field so many phone calls at one time).