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Nyanda defends broadcasting bill
NEWSWATCH: The Communications Minister has come out fighting and slammed critics of the new draft bill, reports IOL. The nation's advertising production industry has been hit by the SABC financial crisis and the recession, and the next set of results might paint an even bleaker picture, reports Business Day. Meanwhile, following his company's purchase of Admob, Google CEO Eric Schmidt has high hopes for sales of ads appearing in applications on smart phones, reports Bloomberg.
For more:
- IOL: Controversial broadcasting bill defended… Nyanda has come out fighting, hitting back at critics of the bill who allege it would give the government controlling powers over the SABC. Of course, many people ask whether the national broadcaster has ever been really independent of the government of the day.
- Business Day: SABC crisis, recession deal blow to advert producers… The national broadcaster's woes, allied to the recession, have hammered the SA advertisement production industry. Results to April showed a 14% decline in the number of adverts produced, and the picture could get even worse.
- Bloomberg: Google's AdMob purchase will expand iPhone ads, Schmidt says… The Google CEO reckons his company's US$750 million purchase of AdMob Inc. will expand sales of ads that appear in applications on smart phones such as the iPhone.