News Corporation made a loss of $1.6 billion (£1.2 billion) in the last quarter, compared with a net income of $163 million in the same period last year.
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As Leveson kicks off again, Raymond Snoddy wonders whether a larger remit for Rufus Olins of Newsworks would help sustain newspapers’ economic future…
Abba Newbery, director of advertising strategy at News International Commercial, on how the Olympics can inspire media planners…
In an attempt to boost readers, Time Out London is to become a free magazine. Cutting its price from £3.25 it hopes to increase circulation from 55,000 to a targeted 300,000 a week.Time Out will join a group of magazines and newspapers which have already taken similar steps to rejuvenate the industry. To make up… Continue reading Time Out to become a free London magazine
The National Readership Survey has developed a series of infographics, the first of which (below) details the readership of newspapers and magazines on tablets and e-readers.
Rufus Olins, chief executive, Newsworks, says the distinction between traditional media and digital media can be unhelpful and even misleading. Who doesn’t have a digital component to their work? We are all digital…
The Crown Prosecution Service has confirmed that eight people, including Rebekah Brooks and Andy Coulson, will face a total of 19 charges in relation to phone-hacking.
Raymond Snoddy says that Lord Justice Leveson’s quest for balance between press freedom and censorship leaves only one task outstanding – the creation of a new regulatory body for the British press…
The Guardian and Observer made a loss of £44.2 million last year and will be downsized in order to save around £7 million in editorial expenditure. Alan Rusbridger, editor-in-chief of the Guardian and executive editor of the Observer said that the newspaper group needed to become “smaller”.
According to the new Ofcom Communications Market Report, 40% of Britons now own a smartphone, while tablet ownership in the UK has increased from 2% to 11% over the past year.