It’s all about newspapers today

 

So they held the Newspaper Association of America (NAA) conference and guess who got all the attention…an online search engine.

And so it goes for the beleaguered industry.  PaidContent.org had the best spin on the events, highlighting among other things Google’s Chairman and CEO Eric Schmidt’s word of advice to the masters of ink: you are consumer businesses so don’t piss off consumers.  He was referring to attempts by the industry to clamp down on fair use. 

Speaking of clamping down, they also highlighted that the AP is again poised to get more litigious, and cautioned that the industry should look no further than the music business before heading down the path of suing people for infringement.  Good advice.

For more of their coverage on the NAA, click here.

E-commerce stocks continue to outpace the market in 2009

As reported by InternetRetailer.com, e-commerce stocks outpaced the market yet again.  The Internet Retailer Online Retail Index was up 9.5% last week vs. 3.1% for the S&P 500.  For the year the index is up a whopping 22%.

The best-performing stocks last week were American Greetings, Drugstore.com, Blue Nile, Bidz.com, and 1-800-Flowers.com, all with growth between 17 and 25%.

For those who are curious, the 25 companies in the Internet Retailer Online Retail Index are:

1-800-Flowers.com Inc., Akamai Technologies, Amazon.com Inc., American Greetings Corp., Art Technology Group Inc., Bidz.com Inc., Blue Nile Inc., CyberSource Corp., DemandTec Inc., Digital River Inc., Drugstore.com Inc., eBay Inc., GSI Commerce Inc., Keynote Systems Inc., LivePerson Inc., Netflix Inc., NutriSystem Inc., Omniture Inc., Overstock.com Inc., PetMed Express Inc., RealNetworks Inc., Shutterfly Inc., Systemax Inc., United Online Inc. (owner of FTD.com) and VistaPrint Ltd.

For more information, click here.

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