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The chief executive of Independent News & Media, Sir Anthony O’Reilly, is to retire in May, to be replaced by his son Gavin O’Reilly with immediate effect. O’Reilly, INM’s largest shareholder with 28.5%, will retire on 7 May, with his son, currently chief operating officer, becoming chief executive-designate with immediate effect. INM shareholder Denis O’Brien… Continue reading INM CEO Sir Anthony O’Reilly to retire in May

More than 80% of Americans now have a computer in their homes, and of those, almost 92% have internet access, up from 77.9% one year earlier. According to a study on home internet access from The Nielsen Company, US internet access is correlated with education level and a household’s combined annual income. As these factors… Continue reading More than 80% of Americans now have a computer in the home

The USA has knocked the UK off the top slot for mobile web browsing with 29% of the worldwide traffic compared to 20% in the UK, according to new data from mobile web firm Bango. Anil Malhotra, SVP of marketing at Bango, said: “With 245 million subscribers, it was only a matter of time before… Continue reading US knocks UK off the top of worldwide charts for mobile web browsing and buying

ITV chief executive Michael Grade has attacked the government’s decision to rule out product placement on UK television.Grade said: “Given the extraordinary economic pressures ITV, and others, face, we can’t let a decision like this simply go through without trying to fight it.“We are considering our next steps and I am consulting my legal team… Continue reading ITV attacks government ban on product placement

ShortList Media is set to launch a free weekly women’s title to rival glossy magazines like Grazia, following the success of its free weekly men’s magazine ShortList.The publisher’s new title, which will be aimed at affluent ABC1 women in the 25 to 40-yeear-old age bracket, will focus on celebrity and fashion, according to reports.However, ShortList… Continue reading ShortList to launch new women’s mag

The BBC is relaunching its mobile site with a design based on the broadcaster’s existing internet site.Users are able to customise the site’s home page, adding features such as news headlines and weather updates.The new mobile site – an upgrade of the corporation’s seven year old technology – will also include more video and audio… Continue reading BBC relaunches mobile site

Magazines can’t compromise their editorial integrity, despite needing to generate more advertising revenue in the recession, according to the panellist at MediaTel Group’s ‘Future of Consumer Magazine’ seminar yesterday.The panellist all agreed that delivering a quality product and maintaining consumer loyalty and trust is the most important thing in the magazine market, regardless of the… Continue reading Evelyn Webster: “Magazines can’t compromise their editorial integrity”

For the first time, the Audit Bureau of Circulations has released a monthly breakdown of consumer magazine circulations.Covering the July to December period, the ABC figures include more than 200 titles from 33 publishers including IPC Media, Bauer Media, Condé Nast and The National Magazine Company.The new report, which runs in tandem with the six-monthly… Continue reading ABC releases consumer magazine monthly circulation figures

Independent News & Media is to make about 20 compulsory redundancies, according to a report.The Independent plans to make 60 journalists redundant out of a total of 90 job losses, and will impose compulsory redundancies if not enough volunteers come forward, said MediaGuardian.co.uk.Just last week, the National Union of Journalists suspended industrial action at the… Continue reading Independent to make compulsory redundancies

Future’s chief executive Stevie Spring claims that magazine publishers are “burning cash” online, although she admits that the “proportionality of reach online is massive compared to print”.Speaking at MediaTel Group’s ‘Future of Consumer Magazines’ seminar yesterday, Spring said publishers have a “different relationship” with online consumers as they use magazine sites to carry out “specific… Continue reading Future’s chief exec: “Shedloads of companies are losing shedloads of money” online