new/digital stories

Daily Mail website's ad revenues surge as paper announces price hike

http://www.theguardian.com/media/2016/jan/28/daily-mail-websites-ad-revenues-surge-as-paper-prepares-for-price-hike

- Owner of Daily Mail said that MilOnline revenue boosted its ad revenue by 27%

- This boost happened in the final quarter 

- website saw digital ad revenues grow by 17% in UK and 66% in the US in the three months to the end of december

- Advertising across the Mail business as a whole, including print and digital, was down by 3%.

The article shows that MailOnline is surviving as a business because of New/Digital media however the impact does not impact the business overall as they are still facing a loss of 3% in which is because of newspapers declining.

BuzzFeed faces $11m defamation lawsuit from viral news agency

http://www.theguardian.com/media/2016/jan/27/buzzfeed-lawsuit-central-european-news-michael-leidig

- Buzzfeed is being sued for $11 million (7.7 million) by its news agency and its founder because of an article posted by buzzfeed which was called "The King of Bullshit News"

- Central European News which was founded and run by British journalist Michael Leidig has launched a US legal action against buzzfeed over an article which is claimed to defame the neews agency

- They are seeking $5m each, as well as a further $1.04m for lost business opportunities, and further punitive damages

In my opinion companies such as buzzfeed are allowed to publish they would like however news companies limit themselves because there are firms out their who are looking to sue news organisations. Also I do not believe the news agency will win the law suit resulting in a loss as they need to pay lawyers and other people.