A trading statement this morning from Associated Newspapers reports that trading during April and the first three weeks of May had seen advertising revenues 5% down on last year.
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News Corporation is withdrawing its planned bid to take full ownership of BSkyB following the News of the World phone-hacking scandal.
Google+ is expected to reach 10 million users soon, which isn’t bad considering it was released less than a month ago and is still invite-only. It is Google’s latest attempt to master the social media world, and it seems to be working.
Global ad expenditure will return to pre-recession peak level this year, according to ZenithOptimedia’s latest forecast.
Analysis of the NRS shows that there are 1.1 million average issue readers of the NotW (about15%) who do not read any other national newspaper – so there is a likelihood that many of these could be lost to the national press altogether.
The DCMS select committee has called Rupert and James Murdoch and Rebekah Brooks to give evidence to it next Tuesday.
According to a Toluna QuickSurveys and Newsline poll, only 6.5% of people bought the last edition of News of the World on Sunday who wouldn’t normally buy a copy.
BSkyB is in “robust shape” and could see 8% revenue growth in 2011/12 despite the on-going News Corporation saga, according to RBS forecasts.
Sky and ESPN have announced their live Premier League fixtures for 2011-12.
Culture secretary Jeremy Hunt has written to Ofcom and the Office of Fair Trading to seek advice on News Corporation’s BSkyB takeover bid in light of the on-going News of the World saga.