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The Daily Sport‘s publisher Sport Media Group has recorded a £18.2 million pre-tax loss in the year to 31 July, after stripping £20.7 million off the value of its assets.SPMG was forced to write down the value of Sport Newspapers, which it bought for £50 million in December 2007, by around one third due to… Continue reading Daily Sport publisher records £18.2m loss

Last year was pretty gloomy for newspapers, with circulations continuing to fall and the financial downturn beginning to bite, while a question concerning many was the migration to digital.One of the biggest stories of the year, at least as far as regional publishers were concerned, came in November as the BBC Trust rejected the Corporation’s… Continue reading 2008 round-up: Newspapers

News International is set to up the cover price of the Saturday edition of The Times and The Sunday Times by 10p in Scotland, matching the title’s cover prices south of the border.The two papers will be priced at £1.50 and £2 respectively from this weekend, though the weekday issue will remain unchanged at 90p,… Continue reading Times increases cover price in Scotland

Weekly classified car magazine Exchange & Mart is set to close the doors on its print publication next month to concentrate on its online site, exchangeandmart.co.uk.The closure could result in up to 80 redundancies at regional publisher Newsquest, which bought the title in 2005 from United Business Media as part of a £50.25 million deal… Continue reading Exchange & Mart migrates to digital-only format

Cross-media audience measurement is a better indicator of newspaper reach than just print circulation, according to a gathering of media measurement organisations from around the world.At a meeting in New York of the Media Measurement Integration Task Force participants acknowledged that advertisers and agencies continue to rely on print circulation as a measure of a… Continue reading Newspaper task force examines cross-media audience measurement

It was a year of contrasting fortunes for the magazine industry in 2008, with titles closing and circulations falling for many, although there were signs of where the future could lie as digital mags began to take off and free titles showed their worth.There was big news at the start of the year as Emap… Continue reading 2008 round-up: Magazines

The New York Times has launched a display ad on its front page for the first time, with CBS claiming the first spot, in a bid to counter the advertising downturn.The title’s decision to sell front page ads comes after a series of trials of ads on some of the front pages of other sections… Continue reading New York Times offers front page ads

News International has raised The Times‘ weekday cover price by 10p to 90p in a bid to counter increased printing costs and the economic downturn.The Times now sits in between its two rival titles, with The Guardian costing 80p and the weekday Independent costing £1.The News International paper, which told readers of the planned price… Continue reading The Times ups its weekday cover price

The new minister for communications, technology and broadcasting is thought to be in the process of recommending the relaxation of local media ownership rules in a bid to help struggling newspaper groups.Lord Carter is expected to approve consolidation in local media markets in his interim Digital Britain report, which is due to be published later… Continue reading Local media ownership rules to be relaxed

The Metro freesheet paper is set to make around 10 staff redundant and cease using the services of up to 30 casual staff.The job cuts are expected to affect staff working on its arts and entertainment section MetroLife as well as people in the paper’s regional offices, according to reports.In October, the national morning title… Continue reading Metro set to make job cuts