U.S. newspaper circulation fell sharply in the six months leading through March, with the exception of the two largest national dailies, USA Today and The Wall Street Journal, as more readers turn to online sites to read the latest news.
News Corp. CEO Rupert Murdoch faces challenges following media ownership rules that the Federal Communications Commission recently adopted, as it nears completion of a deal to acquire Newsday.
The New York Times Co said on Monday it will end its paid TimesSelect Web service and make most of its Web site available for free in the hopes of attracting more readers and higher advertising revenue.
Parody publication The Onion Inc. announced that it is expanding its offline publications by opening a new bureau in the nation's capital today.