PRESSTIME Update
March 9, 2011

February retail sales beat estimates, led by Saks, Macy's
Bloomberg
Confidence among U.S. consumers rose last month to the highest level in three years, as a drop in unemployment helped overcome concern over rising food and fuel costs. Customers also returned to stores that were closed for several days in January because of snowstorms.More

Introducing the $10,000 coupon
TIME
Online group coupons from the likes of LivingSocial and Groupon generally come in the form of discounts for maybe $20 off, and occasionally for markdowns in the neighborhood of $50 or $100. But $10K?More

NYT gets deeper into the 'daily deals' space with TimesLimited
paidContent
The New York Times is preparing to debut its own daily deals service called TimesLimited later this month. While a number of newspaper publishers have signed on with either Groupon or LivingSocial, TimesLimited is entirely an in-house production, Denise Warren, SVP/chief advertising officer for the NYT Media Group and the NYTimes.com's GM.More

Gannett considers charging for online newspaper content
Bloomberg
Gannett Co., the owner of 82 newspapers including USA Today, is considering charging for its online content, Chief Executive Officer Craig Dubow said.More

The ins and outs of iPad apps
American Journalism Review
Long before we have answers to the big questions about the impact of tablet devices on news consumption and profitability, media companies face the immediate task of determining how to present their content on this new platform.More

NYT: All the news that's fit to mint
MediaPost
After discussing plans to erect an online and digital paywall for over a year, The New York Times is finally going to begin charging online readers for access to certain kinds of content, according to chairman and publisher Arthur Sulzberger, Jr.More

Skype targets major brands with launch of in-app ads
ClickZ
Popular Internet calling and messaging service Skype will roll out ads in its Windows-based desktop client in the U.S., Germany and the U.K.More

CBS chief sees network benefitting from recovery of advertising market
Broadcasting & Cable
CBS Corp. CEO Leslie Moonves is predicting a strong upfront advertising season in 2011, and expects CBS to see double-digit rate increases for its commercial time.More