A trading statement this morning from Associated Newspapers reports that trading during April and the first three weeks of May had seen advertising revenues 5% down on last year.
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Raymond Snoddy: “Rupert Murdoch could say “to hell with it” – though those would not be the actual words used. He could close down Sky News and save the company an immediate £20 million a year. Worse still the entire future of News International could be called into question…”
Analysis of the NRS shows that there are 1.1 million average issue readers of the NotW (about15%) who do not read any other national newspaper – so there is a likelihood that many of these could be lost to the national press altogether.
The DCMS select committee has called Rupert and James Murdoch and Rebekah Brooks to give evidence to it next Tuesday.
According to a Toluna QuickSurveys and Newsline poll, only 6.5% of people bought the last edition of News of the World on Sunday who wouldn’t normally buy a copy.
Jim Marshall on how the agency world reacted to the events that unfolded at News International week. One could argue that the words ‘rabbit’ and ‘headlights’ applied – the media agency world didn’t want to see NotW damaged, let alone go.
Culture secretary Jeremy Hunt has written to Ofcom and the Office of Fair Trading to seek advice on News Corporation’s BSkyB takeover bid in light of the on-going News of the World saga.
Never underestimate a Murdoch to spring the ultimate surprise and deliver a bigger response to a crisis than any commentator would have forecast…
The key facts and figures about News of the World.
Alex DeGroote, media analyst at Panmure Gordon, believes closing News of the World will have positive implications for Trinity Mirror