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Guardian News & Media has said nothing publicly about the commercial performance of the three local city-based sites it wants to close down. Perhaps there wasn’t much to say. A source tells me that the sites in Cardiff, Edinburgh and Leeds were pulling in 240,000 monthly page impressions, or an average of 80,000 impressions each. [...]
Also posted in Advertising, Audiences, Digital, Journalism, Local, Mobile, Social | Tagged ad networks, Addiply, Facebook, Google AdSense, Guardian Local, local newspapers
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It’s groundhog day at Northcliffe Media. Steve Auckland, the new managing director, laid out his priorities today in an interview with The Guardian: Reducing the number of days on which some loss-making titles publish. The possibility of newspaper closures. Increased autonomy (“I’m trying to do away with the corporate stuff and getting the editors and [...]
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What does it tell you when the chief executive and chief financial officer leave a company at the same time? John Fry of Johnston Press insists that he wasn’t shoved out. There’s no reason to believe he was. Fry, 53, will be spending more time with his family and his “very large garden” from March [...]
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It’s a bit like watching a martial arts sensei at work. In a choreographed move, Rupert Murdoch buys his daughter’s TV production company for £415m on behalf of the publicly-quoted company he chairs. Result? Barely anyone bats an eyelid. Most of medialand took the opportunity to wallow — yet again — in the complexities of [...]
Also posted in Audiences, Regulation, TV | Tagged BSkyB, Elisabeth Murdoch, Fox, James Murdoch, News Corporation, Rotana Holding, Rupert Murdoch, Shine, Sky Deutschland, Star TV
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Twenty minutes into my interview with Rupert Heseltine, executive chairman of Haymarket Media Group, I ask my 15th question about the company’s finances. Did Royal Bank of Scotland, the magazine publisher’s bank, require his father, the Tory grandee Michael Heseltine, to step down as chairman as part of a debt-restructuring deal in June 2010? At this point I [...]
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On 28th December, David Holt of Solent News and Photo Agency offered the nation’s news editors a major scoop. His team of of four reporters had been in constant contact with the family of Jo Yeates, the murdered landscape architect, during the Christmas holidays. Finally, they had secured an interview with David Yeates, Jo’s father. [...]
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What’s not to like about DMGT’s final results for the year to October? A few things. Although the overall numbers suggest a welcome improvement, classified ad markets remain broken, online and in print. After the steep declines of 2008-2009, this recovery still feels very weak. In addition, digital strategy isn’t delivering much joy. Revenues at [...]
Also posted in Advertising, Economy, Local, Newspapers | Tagged classified, Daily Mail, Daily Mail & General Trust, local newspapers, Mail Online, Martin Clarke, Martin Morgan, Northcliffe Media
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In the middle distance, a different kind of Guardian Media Group appears to be taking shape. The Sunday Times reports that GMG investments like EMAP and Trader Media Group, as well as wholly-owned subsidiaries that operate radio stations and classified websites, will be hived off into “an investment portfolio from where they could be sold [...]
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There are reasons why business ventures that make an initial fist of it get three years to prove their long-term viability. In the first year, you make mistakes. In the second year, you correct them. In the third year, you get realistic year-on-year comparatives. These tell you whether the business is a keeper or not. [...]
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With the launch of i, Alexander Lebedev is asking an interesting question: who on Earth decreed that national newspapers need to be fat? At 56 pages, i is vanishingly thin by the standards of Britain’s paid-for national newspaper market. The attractions of brevity are trumpeted on the front page: i is “the paper for today” [...]