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Friday, May 26, 2006

Times of London plans U.S. edition

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LONDON (AP) -- Rupert Murdoch's London Times newspaper said yesterday it will debut a U.S. edition in less than two weeks as part of a push to make the paper an international brand, entering a competitive New York market at a challenging time in the newspaper industry.

The 64-page U.S. edition will go on sale for a sample price of $1 in New York and New Jersey on June 6.

"This is a key moment in the development of the Times as an international media brand," said Times Editor Robert Thomson, who helped orchestrate a major U.S. expansion of the Financial Times when he worked at the Pearson PLC-owned paper.

"We have seen a large increase in our Times Online readership in the U.S. and the appearance of the newspaper on the streets of New York marks the next stage in our print and Web expansion," Mr. Thomson said.

The start of the U.S. edition coincides with the start of the World Cup in Germany on June 9, which is expected to be heavily featured in the newspaper's coverage.

Media analysts said the decision to print the Times in the United States for the first time since the daily newspaper was founded in 1788 was likely to be seen as an attack on the Financial Times, the only British newspaper currently printed in New York.

Some analysts also said the cost of producing the new paper was likely to be initially hefty, with suggestions it could be up to twice as much per paper as the cover price.

However, Mr. Thomson said that the extra editorial cost is minimal because it will use existing newsroom staff. Printing and distribution costs will be kept down by printing the paper at Mr. Murdoch's New York Post presses, he added.

"This is very different to starting a U.S. newspaper on a greenfield site, which would be expensive," he said.

The U.S. edition will repackage stories from the British publication and be edited by a team in London headed by John Mair, the current editor of the international edition.

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