Press Gazette, the newspapers’ trade magazine will continue to publish under its new owner Progressive Media.Earlier this month, the title’s former parent company, the Wilmington Group, announced that the magazine would cease printing after the May edition due to the current economic conditions (see Press Gazette to close after 40 years).At the time, a company… Continue reading Press Gazette lives on
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UK-listed shares in Independent News & Media are up over 20% amid claims that the new board will offload its loss-making Independent and Independent on Sunday titles.Experts have been called in to review the group’s books in the past few weeks with a view to creating a turnaround strategy for the heavily-indebted Irish media company,… Continue reading Independent share price up amid sale hopes
Newsquest Specialist Media has launched a new bi-monthly sports magazine called Fighting Fit.The new title is set to provide information and advice to combat sports enthusiasts on health, nutrition and training techniques, as well as product reviews, technical advice and fighter profiles.Newsquest said it aims to target readers with an interest in combat sports, from… Continue reading Newsquest launches new sports title
The government is looking at introducing a fast-track legislation later this year to relax ownership regulations in a bid to help local newspaper and radio companies.The quick-fix bill, which would have relatively few clauses, would allow the government to change existing laws without introducing new primary legislation, according to reports.However, it is unlikely to extend… Continue reading Government to relax local media ownership rules
Newsquest’s advertising revenue fell 38.7% year on year in the first three months of 2009.Financial results published by the regional newspaper publisher’s US parent company Gannett also show that UK classified advertising revenue was down 45.1% in the first quarter.Craig Dubow, chairman, president and chief executive of Gannett, said: “Our results reflect the pressure on… Continue reading Newsquest’s ad revenue down 38.7%
Panini’s Bliss magazine, aimed at teenage girls, has undergone a redesign featuring a new-look logo.The revamped mag will hit newsstands on April 22 supported by a sampling campaign, retail promotions and press marketing.As well as a new logo, the title will also feature new columnists and updated page layouts.It will retain its current cover price… Continue reading Bliss magazine gets new look
Newspapers could lose out by ditching their print editions and going online-only, according to a new study from City University.The study, focussing on Finnish financial newspaper Taloussanomat which went online-only in December 2007, found that although costs can be cut, revenues could be in danger.The paper, which went fully online following heavy financial losses, saw… Continue reading New study examines problems facing online-only newspapers
The Independent is investing in a new online video player that will host short-form content across its website, such as Bebo’s online drama, The Gap Year.The new video channel, still in development stages, is being set up to replace the site’s previous channel, which was taken down several months ago.A wider range of content on… Continue reading Independent.co.uk invests in new online video player
IPC has appointed GQ magazine’s Lewis Tucker as the new advertising director of its fashion title InStyle.Lewis, who joined GQ in 1999 as fashion advertising manager and has since been promoted to advertising director and associate publisher of GQ Style, is set to take up his new position at InStyle on May 5.Southbank’s group advertising… Continue reading GQ’s Lewis Tucker is set to join InStyle
Men’s free weekly magazine Sport has suspended publication after its French parent company, Sport Media & Strategy, went into administration.The last issue of the magazine – which is distributed each Friday at tube stations, gyms, health clubs, and airports – came out on April 3.It is understood that a buyer will now be sought for… Continue reading Sport magazine suspends publication