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ONLINE GAMBLING THE CURE FOR AILING MEDIA GROUP?
Recent surveys have discovered that 40 percent of news seekers go first to the Internet, a trend likely to continue and expand due to more tech-savvy users maturing and boosting the demographics. The change has impacted the traditional media world, with less advertising, and European newspaper group Mecom is no exception, reporting losses of GBP 19.7 million - less than on previous numbers but still disappointing.
The veteran newspaperman and former News of the World editor who heads the group, David Montgomery, is consequently looking to expand its online presence through social networking and gambling, saying that the company must make more money from each consumer than simply the price of the newspaper, and become less reliant on printed products.
Mecom has Polish, Dutch, Danish, German and Norwegian newspaper divisions, and reported recently that while advertising revenue was down 2 percent in the first half 2008, circulation had gone up by 3 percent and digital revenues had soared by 36 percent.
The group intends to boost its print and online readership with more offers in each country, including books, CDs, DVDs, travel, homeware, tickets, events and financial products...and online social networking and gambling ventures.
The media group already has more than 200 websites serving 24 million unique users, an increase of 4 percent on H1 last year. However, its divisions currently only make 4 percent of revenues through online products, presenting attractive expansion possibilities.
Gambling News :
US$30M DUBAI WORLD CUP -
Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines
NHL Odds: Forsberg Faces Elliott in Nashville -
The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.
NBA Odds: Hawks, Wiz in Southeast Showdown -
The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.
NBA Odds: Clippers Try to Slow Down Bucks in LA -
Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.
NHL Odds: Canadiens Welcome Islanders Tonight -
The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.
NHL Odds: Reeling Flyers Seek Relief in Pittsburgh -
#nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.
Dollars to Donuts Slot Launch -
Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.
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