Johnston Press, publisher of The Scotsman and the Yorkshire Post, has reported a 28% drop in adjusted pre-tax profits for 2008, with ad revenue falling 36% at the start of this year. Adjusted pre-tax profits were down from £137.4 million in 2007 to £98.8 million in 2008. The group’s adjusted pre-tax profits do not include… Continue reading Johnston Press reports 28% drop in pre-tax profits
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The release of monthly ABC results for some publishers was welcomed by Dominic Williams, head of press at Carat, as part of the ‘Future of Consumer Magazines’ panel held by MediaTel Group in London this morning.Williams saw this as a “huge tick”, believing that it showed the ABC “moving in the right direction”, with requests… Continue reading Carat Press Director: “Monthly ABC release is a huge tick”
One of the key areas of debate at MediaTel Group’s ‘Future of Consumer Magazines’ seminar this morning was the relative value of a subscriber v a newsstand reader and also how a free magazine reader fits into the overall mix.Dominic Williams, press director at Carat, felt that a subscriber should be regarded with more value… Continue reading Magazine Panel: “The hierarchy of a reader”
Car insurance firm Swiftcover.com is sponsoring Absolute Radio’s weekend schedule for three months from Friday 13 March.The Swiftcover.com sponsorship, featuring on-air pre-recorded credits across the whole weekend, is part of the ‘Get a Life’ campaign, fronted by Iggy Pop.Trails for the shows will air on Monday and Tuesday, as Swiftcover says that this is when… Continue reading Swiftcover.com to sponsor Absolute Radio’s weekend schedule
Carat’s press director Dominic Williams predicts an ad revenue decline of as much as 15%, saying that the industry needs to work harder to maintain revenue.Speaking on the panel at MediaTel Group’s ‘Future of Consumer Magazines’ seminar this morning, Williams said he expects the market to fall lower than previously forecast – Group M predicted… Continue reading Magazine Seminar Keynote: Press director predicts 15% ad decline this year
Secretary of state for culture, media and sport Andy Burnham has ruled out product placement on UK television.In a statement released today, Burnham said that there is a lack of evidence of economic benefits, coupled with “serious concerns about blurring the boundaries between advertising and editorial”.The statement follows a three month government consultation on the… Continue reading Government rules out product placement on UK television
Nicky Cheshire, sales director at Alive, talks about technological innovation in the outdoor space…
National advertisers’ radio spend was down 21.2% year on year in the fourth quarter of 2008, with total spend in Q4 down 14.5% to £129 million. According to figures from the Radio Advertising Bureau, total ad spend for the year was £560.2 million. National advertisers’ spend for the year was down 9.6% to £304.8 million.… Continue reading National advertisers’ radio spend down 21.2% in Q4 2008
New UK research has revealed a marked increase in the consumer recall of mobile advertising during the first quarter of 2009, with SMS seeing the biggest increase of all the most common channels. The survey, carried out by GfK Technology in conjunction with Limbo, reveals that consumer recall of mobile advertising has jumped to 55%… Continue reading Consumer recall of mobile advertising increases in Q1 2009
Regional newspaper publisher the Observer Standard Media Group has gone into administration, according to a report in the Birmingham Post. The report says that the company made an announcement to staff, with the group believed to be looking for a buyer for its titles. The group publishes 20 weekly newspapers across the Midlands, most of… Continue reading Regional newspaper publisher goes into administration
