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"Although Apple won plaudits from the book publishing industry for offering it more control over pricing and a richer split of sales - publishers retain 70 per cent of sales and have control over the customer pricing of books - the revenue sharing plan makes less sense for recurring charges such as subscriptions, publishers said. The concept of giving away close to a third of subscription sales over an indefinite period was difficult to accept, publishers said. "Thirty per cent forever changes the economics," one media executive in discussions with Apple said. "You can imagine we feel less good about it. Should (subscriptions) be treated differently than single item sales?""

"Mr Jobs articulated his belief that a "functioning media" is vital to a "functioning democracy" and how his "gorgeous" device would help safeguard that role...The question haunting publishers is whether they will suffer the same fate as the music industry, which was hit by Apple's 2003 deal to unbundle the album format by offering downloads of individual songs via iTunes."

Highlights an Anneberg School of Journalism study that examines rates of media subsidy, and shows a marked decline. References historical tradition of media subsidy through postal discounts and tax breaks.

News Corp is hungry to get into the middle east advertising/media markets because of the young audiences and emerging growth in their home markets. They are attempting to buy a share in Rotana Media.

Yahoo!'s Chinese partner has been critical of Google's threat to end its Chinese operations, and Yahoo!'s response to support Google has angered them even more.

Decreasing government subsidies to media organization is threatening the publishing industry. These subsidies include things like postal rate discounts and tax breaks.

UK regulators are considering relaxing rules that require public service broadcaster to sell advertising in their allotted commercial time at any cost.

"Edward Adler, head of corporate communications at Time Warner, and one of the most powerful gatekeepers in US media, is leaving the one-time world's largest media company." Adler is leaving because the company is on "such firm financial footing."