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Alexander Lebedev, Russian oligarch owner of the London Evening Standard is understood to be in talks to acquire the Independent and Independent on Sunday.Senior executives from Independent News & Media (IN&M) have been in discussions with Lebedev’s representatives over a possible sale, with one source claiming that a nominal offer for both titles has already… Continue reading Evening Standard owner in talks to buy Independent titles

In 2008 the European online advertising market was worth €12.9 billion with a like-for-like growth rate compared to 2007 of 20%, according to new research from the Interactive Advertising Bureau Europe. The top 10 markets in Europe account for 93% of the total value of the market, the report found. The Netherlands, Europe’s early adopter… Continue reading European online advertising worth €12.9bn in 2008

New US research has found that the number of people who sought local information on a mobile device grew 51% from March 2008 to March 2009.Research from comScore found that the mobile browser is the leading access method for seeking local information, with 20.7 million users in March 2009, up 34% year on year. However,… Continue reading US mobile audience for local content up 51% YoY

Express Newspapers made an operating loss of £2.6 million in 2008, with a £17.1 million increase in printing costs adversely affecting profitability. According to accounts filed at Companies House, Express Newspapers suffered a 91% drop in pre-tax profit, down from £54.9 million in 2007 to £4.8 million in 2008. It said that the fall was… Continue reading Express Newspapers makes £2.6m operating loss in 2008

One in five adults who do not have the internet at home are likely to sign up in the next six months, according to new Ofcom research. The research looks at why 30% of UK adults do not have the internet at home and the barriers that prevent them from taking it up in the… Continue reading 1 in 5 adults without internet access likely to sign up in next six months

ITV1’s Ladette to Lady managed to pip BBC Two’s popular Mary Queen of Charity Shops to the top spot during the all-important peak-hour with 3.1 million peak viewers.Both programmes secured more than 3 million average viewers between 9pm and 10pm but ITV1 marginally took the lead in terms of audience share with 14% compared to… Continue reading Overnights: ITV1’s Ladette to Lady pipped BBC Two to the top spot

Michelle Pamment, editor-in-chief, Your M&S magazine, suggests why it is more important than ever for retail brands to engage with their customers during a recession…Every recession is different. Each time, depending upon the cause of the downturn, its duration and which industry sectors and consumer demographics are worst affected, consumer behaviour, spending habits and attitudes… Continue reading How customer magazines can engage with consumers during tough retail conditions

Publicis’ chairman and chief executive Maurice Levy predicts an upturn in advertising spend in the second half of 2009.Speaking at Publicis’ annual general meeting yesterday, Levy said the ad spend decline is almost “over” and the market should pick up in the second half of the year, after a difficult Q2.“The fall of advertising expenditures… Continue reading Publicis chief forecasts increase in ad spend

One in five adults who do not have the internet at home are likely to sign up in the next six months, according to new Ofcom research.The research looks at why 30% of UK adults do not have the internet at home and the barriers that prevent them from taking it up in the future.Those… Continue reading 1 in 5 adults without internet access likely to sign up in next six months

Phorm hopes to secure £15 million in order to continue its behavioural targeting operations in the UK and South Korea.The company plans to sell a 19.4% stake through a new share offering in a bid to raise the capital needed to continue trialling its controversial technology with BT, TalkTalk and Virgin Media.So far, Phorm has… Continue reading Phorm aims to raise £15m to continue trials