WASHINGTON, June 15 /PRNewswire/ -- News World Communications LLC today
announced the implementation of an ambitious strategy to realign its media
properties for increased competitiveness and profitability in the 21st
"After an extensive study of its current portfolio of media companies,
News World Communications companies are taking steps to expand their
audiences in the digital space, as well as local and national print
editions," said Jonathan Slevin, Vice President of News World
Communications. "Consistent with overall industry responsiveness to market
forces in the new media landscape, innovative products will be rolled out
later in the year to enhance the reader experience and strengthen the reach
and relevance of News World's publications and services."
Among the News World companies that will undergo internal and external
changes in the second half of 2007 are The Washington Times, United Press
International and Tiempos del Mundo.
Tom McDevitt, President of The Washington Times, recently took steps to
advance the company in its ongoing market-based efforts. He has announced
the formation of internal task forces at the newspaper to examine and help
reshape the company's products. The foundation for the success of these new
developments is the distinctive and reliable market position achieved by
The Washington Times in the past 25 years.
United Press International, acquired by News World in 2000, "has begun
taking initial steps to strengthen our coverage of international hot spots
through a collaborative effort with citizen journalists," said Nicholas
Chiaia, UPI's Chief Operating Officer. Tiempos del Mundo, News World's
Spanish language newspaper, announced this week that it will cease
publication of its print edition at the end of June while retaining its
online offering through an association with United Press International.
"We are excited about our growth and expansion prospects," said Slevin.
"By meeting the needs of our various communities of readers we expect to
enhance our competitiveness in local, national and global news and
SOURCE News World Communications LLC