Ad industry sets out Brexit demands as 2016 spend figures beat expectations January 26, 2017 The advertising industry has today set out its Brexit demands as new data shows it contributes £120bn annually to the UK economy. The Advertising Association (AA), which has also published figures showing ad spend survived the Brexit vote last year, wants the UK’s strength to be preserved and also for EU red tape to be scrapped. [...]
Time Out revenue boosted by 3.1m visitors to its market in Lisbon January 25, 2017 Time Out’s revenue from its market in Portugal more than doubled last year, the media and e-commerce company today revealed. The Time Out Market in Lisbon, which opened in 2014, attracted an estimated 3.1m visitors in 2016, a 63 per cent year-on-year increase. The company believes it may be the Portuguese capital’s most popular attraction. [...]
Multi-million pound Daily Mail printing contract win provides some relief to newspaper group Johnston Press January 25, 2017 Shares in Johnston Press jumped five per cent this morning as the troubled newspaper publisher announced a new multi-million pound printing contract. Johnston Press has entered an agreement with Associated Newspapers to publish the Monday-Saturday editions of the Daily Mail at its Portsmouth site. The deal, which will see Johnston Press print all south west [...]
British Vogue editor-in-chief Alexandra Shulman stands down after 25 years January 25, 2017 The editor-in-chief of British Vogue is to stand down this summer after 25 years in the role. Alexandra Shulman’s June departure was announced by Conde Nast Britain’s managing director Nicholas Coleridge this morning. Read more: How revenue woes are driving a wave of deals in the print media sector “This is an announcement I hoped [...]
Guardian newspaper could switch to a tabloid format and outsource its printing press January 23, 2017 The Guardian newspaper is considering becoming tabloid size and outsourcing its print run, according to reports. Last year, the media group revealed a "transformation programme" to make savings of 20 per cent in an attempt to stem widening losses. Read more: Look who’s back… Brooks to head up news UK Sources close to the company told City A.M. "all options [...]
Newspapers in fresh attack on government-recognised press regulator January 23, 2017 The newspaper industry has launched a fresh attack on the UK’s official press regulator, demanding that its status be challenged. The News Media Association (NMA) has called on the Press Recognition Panel (PRP) to conduct an ad hoc review of its decision to recognise Impress. Lawyers for the NMA wrote to the PRP on Friday highlighting [...]
Sky buys majority stake in production company behind the Lie Detective January 23, 2017 Sky has bought a majority stake in a northern indie production company backed by Channel 4 in 2014. The sale marks Channel 4’s first exit from a company backed by its £20m Indie Growth Fund. Founded in 2001, True North now employs more than 150 people across Leeds and Manchester. Read more: Bad news: People [...]
It’s time to get over the mythical “Brexit Effect” on advertising spend January 23, 2017 Brexit means Brexit; it’s neither black nor white, hard or soft, red, white or blue. We’re leaving the Single Market and possibly the Customs Union; disowning the ECJ, but keeping EU laws for now. The final deal will be presented to parliament, and we can all get on with our lives. For Adland, the news should [...]
Breaking news: Revenue woes are driving a wave of deals in the print media sector January 23, 2017 After the closure of the Independent, the failed launch of Trinity Mirror’s New Day newspaper and plummeting revenues across the industry, 2016 will likely be remembered as a messy year for the print media. Less than a month in, and with rows brewing over press regulation, part two of the Leveson Inquiry and fake news [...]
How well do you know your audience? Not as well as Spredfast’s Leo Ryan January 23, 2017 In the 1970s German philosopher Jurgen Habermas concocted the notion of Offentlichkeit – better known as the public sphere, or “an area in social life where individuals can come together to freely discuss and identify societal problems”. Some 40 years on, the advent of social media has realised his ideal tenfold, and the mass sharing [...]