Taiwan's First Net-Only Newspaper Closes
Published:
24 February 2001 y., Saturday
Hong Kong-listed media company, Next Media Ltd, has confirmed it is in talks with failed Internet-only newspaper, The Tomorrow Times of Taiwan.
The Tomorrow Times ceased operating from Wednesday, according to local media reports. The news service closed down, not able to find new funding and a self-confessed victim of a mistimed entry into the online media market. The newspaper reportedly has almost 300 employees. Reports from Taiwan suggested Next Media may be interested in acquiring The Tomorrow Times.
Next Media issued a statement today to the Hong Kong Stock Exchange claiming it has not made such an agreement.
"The company has negotiations with several parties in Taiwan," the statement read. "The Board would like to clarify that the company has not agreed to acquire 'Tomorrow Times' in Taiwan and no further negotiation would be made regarding acquisition of 'Tomorrow Times'."
Next Media is planning to launch a new magazine in Taiwan later this year. The company has said it has offered possible employment for around 150 employees of The Tomorrow Times.
Šaltinis:
Newsbytes.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
European conference promotes regional solutions to global challenges.
more »
Iceland‘s low-fare airline Iceland Express will launch regular flights by the new-generation „Boeing 737-700“ planes to about 8 different destinations from Vinius International Airport.
more »
Over 3 million people around the world have lost their jobs due to the financial crisis and, according to the UN, economic recovery is unlikely to reach those that have suffered most - poor women and children.
more »
The European Commission has today decided not to raise any objections to the public financing of infrastructure developments at three Lithuanian airports – Vilnius, Kaunas and Palanga International Airports.
more »
The European Commission has published the results of a public consultation launched in June 2009 on whether and how deadlines should be set for the migration of existing national credit transfers and direct debits to the new Single Euro Payments Area (SEPA) payment instruments.
more »
A favourable climate for innovation in the EU can speed up the transition to an eco-efficient economy and increase Europe’s global competitiveness.
more »
The International Monetary Fund (IMF) and the Deutsche Bundesbank have signed an agreement to provide the Fund with up to the equivalent of €15 billion (about US$22 billion).
more »
Today the European Central Bank is publishing a report entitled “Euro Money Market Survey 2009”, which illustrates the main developments in the euro money market in the second quarter of 2009, in comparison with the second quarter of 2008.
more »
New EU laws proposed for closer oversight of financial services industry, sending a strong signal to this week's G20 summit.
more »
The European Commission has repeatedly underlined that the restructuring plan of new Opel Europe must guarantee that the company will be viable in the future.
more »