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10 January 2012 | Newspaper Innovationcan be viewed here and shows that 26 foreign newspapers receive EUR 420,000 in total. Among these ‘ailing’ papers are USA Today (EUR 180), The Independent (EUR 390), The Guardian (EUR 960), IHT (EUR 33,000) and The Financial Times (EUR 95,000). This could be the last year that non-Danish papers will get a subsidy as there is much resistance in parliament against this part of the law. The largest subsidy for a ‘foreign’ paper, however, goes to German Danish language paper Flensborg Avis (EUR 120,000). The bulk of the money goes to Danish newspapers. Kristeligt Dagblad will get EUR 3.8m, Information will receive EUR 3.5m this year. Borsen, BT, Berlingske, Morgenavisen Jyllands-Posten, Politiken and free dailies metroXpress and 24timer (both majority owned by Metro International) will each get EUR 2.6m. Free daily Urban (Berlingske, Mecom) is missing from the list of main beneficiaries. For Metro the subsidy is good news, as there is a discussion going on in Denmark about the press subsidies in general and in particular those for free papers. Without the subsidy not only Metro Denmark would lose money, but the whole company would suffer. Mecom, with eight titles getting a subsidy, profits much more. In total the loss-making company receives almost EUR 11m in subsidies in 2012. VAT on newspapers (subscription and single copy sales) in Denmark is zero percent.
10 January 2012 | AFP
10 January 2012 | The Guardian
10 January 2012 | Hollywood ReporterWall StreetJournal reported. Time Warner, led by chairman and CEO Jeff Bewkes, and private equity firms are among possible bidders, it said. A source familiar with the situation said the entertainment giant, which has made acquisitions in fast-growing markets overseas in recent years, has been approached in the bidding process. Sabah-ATV's assets include TV station ATV and daily newspaper Sabah. Bids are due in the third week of January, according to the Journal. The Turkish company's assets are valued at between USD 700m and USD 1bn, it said. Calik, which also owns energy assets, acaquired Sabah-ATV from the state for USD 1.25bn in 2008 in an auction that triggered suspicions that the government was looking to increase its control over the media, the Journal said.
10 January 2012 | BBC News
10 January 2012 | USA Today