PRESSTIME Update
April 14, 2010

Consumer confidence up in April from year low
Reuters via ABC News
U.S. consumer confidence rebounded in April after hitting in March its lowest level in a year, boosted by stock market gains and modest job market improvement, a research group said. Investor's Business Daily and TechnoMetrica Market Intelligence said their IBD/TIPP Economic Optimism Index rose to 48.4 in April from March's reading of 45.4. Readings above 50 indicate optimism, while those below 50 point to pessimism.More

Old ads that won't die or fade away
The New York Times
Thanks to Internet staples like YouTube, Facebook and the special Web sites known as microsites, consumers can still see ads after the completion of the campaigns of which they were part — not unlike satellites that remain in space, visible to the eye, long after they have stopped being tracked. The ongoing online presence for ads is different from how campaigns conclude in the traditional media, when television commercials and print advertisements cease appearing or billboards and signs in stores are taken down.More

Double-dip doesn't figure with inventory rebuilding
Bloomberg
Companies from Tiffany & Co. to Home Depot Inc. are restocking shelves in a move that will boost economic growth and may keep the recovery on track through 2010.More

The new rules of engagement
BtoB
Social media is very much a work in progress, which is why we wanted to see how b-to-b marketers are working the new medium into their online advertising. Much like a company's Web address became a standard element in b-to-b print ads more than a decade ago, we are beginning to see the icons for some of the social media platforms — such as Twitter and LinkedIn — routinely appear in the online executions, typically on landing pages.More

Guess what? Men shop, too
STORES magazine
In an industry obsessed with the wants and needs of women, men have been an afterthought among retail and marketing executives for as long as many can remember. Not anymore. Men are paying more attention to their wardrobes. They're spending more time shopping for themselves, and they're showing an increased interest in personal grooming products.More

Retail discounters keep markdowns coming
The Chicago Tribune
Consumer spending is boosting the outlook for the nation's retailers, but some major discounters still are lowering prices to attract bargain-hungry shoppers. Retail giant Wal-Mart Stores Inc. said last week that it was cutting prices on more than 10,000 items, while Kmart has been permanently reducing prices on such merchandise as women's layering shirts and children's T-shirts.More

Execs worry about revenue but lukewarm to charging for online content
USA Today
A survey of more than 350 news executives find they applaud cultural and technological changes in their industry but are lukewarm about charging for online content, while worried about how to find new revenue streams.More



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Paperboy mobile app bridges print-online newspaper gap
paidContent:UK
For those of you who, when reading ye olde printed newspaper, have felt the urge to click an in-page link or e-mail an article to a friend — a new service out of Switzerland is trying to bridge the gap. iPhone app Paperboy recognizes pictures users snap of article pages, corresponds them to their online equivalents and then lets readers share or read online.More

British prime minister joins newspaper paywall debate
The Press Gazette
Prime Minister Gordon Brown has joined the debate surrounding paid-for newspaper content on the internet by suggesting readers were unlikely to pay for access to basic news. Brown said that readers were likely, and should be encouraged, to pay for certain things online but that there was a "whole sort of element of communication" that should remain free.More



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Report: Magazine die-off slows, but so do new launches
FOLIO
Only 22 magazines folded during the first period of 2010, according to the latest report from online magazine database MediaFinder.com. That's a dramatic reduction in the number of publications that died off during the same period last year: 95. It's good news for an industry that has experienced a severe contraction since before the onset of the economic recession.More

TV Guide tunes in new design
minonline
TV Guide magazine has relaunched with a new design and content organization that are geared toward current programming consumption habits. Most noticeably, the magazine content is now organized around days of the week according to a color-coded section that includes the daily programming grid and relevant features for that programming day.More

Twitter unveils plans to draw money from ads
The New York Times
Twitter will unveil a much-anticipated plan for making money from advertising, finally answering the question of how the company expects to turn its exponential growth into revenue.More



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Google CEO: Newspapers will make money online
CIOL
Boosting confidence of newspaper publishers in the potential the online industry offers, Google Inc. Chief Executive Eric Schmidt, who has been accused of draining readers and advertising from newspapers' Web sites, told a group of editors that newspapers would find new ways to make money online by harnessing the vast reach of the Internet.More

New York Times revamps business section online
AdAge.com via Business Insider
Even as The Wall Street Journal prepares a New York edition aimed squarely at New York Times readers and advertisers, The Times is trying to win Journal readers and advertisers with expanded coverage of The Journal's core beat: business.More



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