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The National Magazine Company is set to cut its UK workforce by 15%, around 100 jobs, in a bit to reduce costs as the economic downturn continues.The magazine publisher, which is home to 20 titles including Good Housekeeping and Esquire, said the redundancies will affect all areas of its UK business, including both editorial and… Continue reading NatMags to slash 15% of UK workforce

Trade magazine publisher Centaur Media has reported an 86% year on year fall in pre-tax profits for the six months to the end of December. Centaur posted an adjusted pre-tax profit of £700,000 in the six months to 31 December. In the same period in 2007 the company made £5 million pre-tax profit. Earnings before… Continue reading Centaur Media’s pre-tax profits fall 86% year on year

Project Canvas, the joint venture to bring catch-up from the PC to the TV by BBC, ITV and BT, is set to cost £24 million to get up and running.BBC, ITV and BT hope to provide an open technology service so that viewers with Freesat or Freeview and a broadband connection can access catch-up and… Continue reading Project Canvas startup to cost £24m

ITV1’s Billy Connolly series Journey to the Edge of the World just pipped BBC One’s Crimewatch to the highest ratings during the all-important 9pm to 10pm peak slot.The second episode of the comedian’s journey through the remote regions of Canada pulled in 4.3 million average viewers and a 18.3% share, however, Crimewatch managed to the… Continue reading ITV1’s Billy Connolly picks up the peak-time ratings

Channel 4’s Grand Designs pulled in the highest ratings during the all-important peak hour last night, racing ahead of ITV1’s live coverage of the FA Cup Football.The fifth episode of the popular house-building series with Kevin McCloud pulled in an impressive 4.4 million peak viewers and a 17.6% average audience share, well ahead of the… Continue reading Grand Designs comes up trumps

Trinity Mirror has made 1,200 people redundant and closed 27 newspaper titles since the start of last year, the company said today.The national and regional newspaper publisher was forced to close 27 titles over the course of last year and sell another four newspapers, and has not been able to rule out the possibility of… Continue reading Trinity Mirror cuts 1,200 jobs in 14 months

AOP has appointed Tim Faircliff, general manager of consumer media at Thomson Reuters, as the new co-chair to take up the role from March 2009 until March 2010.Faircliff will work with current co-chair Alison Reay, who was appointed in October 2008.Faircliff leads the sales, marketing and development of Thomson Reuters’ multimedia news and information products… Continue reading AOP appoints new co-chair

Guardian.co.uk is set to launch its first optimised mobile site, following an increase in mobile users visiting the website.The site, which will be named M.guardian.co.uk, will be relaunched next month and is expected to be optimised for all phones including the Apple’s iPhone and the BlackBerry, according to reports.The Guardian hopes its new mobile content… Continue reading Guardian is set to relaunch mobile site

STV Group’s TV ad revenue rose 11% year on year in 2008, giving it 22% of the Scottish ad market. The group, formerly known as SMG, also saw broadcast sponsorship revenue increase by 50% year on year. Its cinema advertising business, Pearl & Dean, which has been up for sale since September 2006, will be… Continue reading STV ad revenue up 11% in 2008

Trinity Mirror reported a 22% fall in operating profit in 2008, down to £145.2 million from £186.4 million the previous year. The group cut its dividend, warning that advertising has fallen around 30% in the first two months of 2009. Revenues from retained businesses were down 6.5% to £871.7 million, down from £932.3 million. January… Continue reading Trinity Mirror reports fall in operating profit