IPC Media posted a 12% increase in operating profits to £51.3 million last year, with revenues up 1.5% to £356 million.
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Hearst Magazines has reported pre-tax profits of £12.4 million for 2010, more than nine times its profit of £1.3 million reported in 2009.
Daily Mail & General Trust (DMGT) expects its full-year operating profit to be lower than last year due to “the weak consumer advertising environment”.
The UK’s national newspaper websites saw usage figures increase during August, with almost all audited sites recording a rise, with the exception of Mirror Group Digital.
News Corporation has made its iPad newspaper The Daily available in the UK.
Apologies to regular readers of this column for not writing about the August ABC’s or letting you know that I was having a short break. I suppose we could have got a guest substitute like they do for Clarkson when he is in Barbados…
The Daily Telegraph has been voted the newspaper of choice for business readers in a poll carried out by YouGov.
Neil Sharman, head of research and analysis, Telegraph Media Group, reveals the effect of online advertising beyond last click; a campaign across both the Telegraph website and newspaper increases the number of online actions (searches for the advertised brand or visits to their site) by 13% …
Jim Marshall says that while the Arab Spring seemed to be a righteous uprising, aided and abetted by a liberating social media network, events at home (in the riots and the hacking scandal) saw a potentially more unsavoury side to the use of some media channels… not so much an Arab Spring as an English Rusty Nail!
Jeremy Hunt is set to ask Ofcom to establish an agreed means of measuring cross-media ownership in the UK following the row over Rupert Murdoch’s previous bid for BSkyB.