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Bernman Fine Art
With the depressed state of the overall economy, newspaper ad sales fell 28 percent in the third quarter.
Ad revenue totaled $6.4 billion, according to figures from Arlington-based Newspaper Association of America. It was a narrower decline than the previous period.
So here's what I think it going on. Murdoch has no intention of shutting down search-engine traffic to his sites, but he's still having lurid fantasies inspired by the momentary insanity that caused Google to pay him for the exclusive right to index MySpace (thus momentarily rendering MySpace a visionary business-move instead of a ten-minutes-behind-the-curve cash-dump).
So what he's hoping is that a second-tier search engine like Bing or Ask (or, better yet, some search tool you've never heard of that just got $50MM in venture capital) will give him half a year's operating budget in exchange for a competitive advantage over Google.
He may, in fact, get a taker. And it will be a disaster. A search engine whose sole competitive advantage is "We have Rupert Murdoch's pages!" will not attract any substantial traffic. The search engine will either go bust or fail to renew the deal.
Federal Computer Week is now accepting nominations for the 2009 Federal 100 awards program, which recognizes individuals in government and industry who have played pivotal roles in the federal information technology community.
Deadline: Dec. 11.