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Russian oligarch Alexander Lebedev may have to pay up to £20 million to acquire the Independent and Independent on Sunday newspapers.According to a report published today by Citigroup, the titles, which lost £13 million last year, could be worth as much as £20m.It said that while the papers are arguably “core” to the INM brand,… Continue reading Lebedev may have to pay £20m for Independent titles

Alexander Lebedev, Russian oligarch owner of the London Evening Standard is understood to be in talks to acquire the Independent and Independent on Sunday.Senior executives from Independent News & Media (IN&M) have been in discussions with Lebedev’s representatives over a possible sale, with one source claiming that a nominal offer for both titles has already… Continue reading Evening Standard owner in talks to buy Independent titles

Sport Media Group has managed to turn around its plummeting circulation for the first time in six months and claims its advertising revenue is “holding steady”.SMG, publisher of the Daily Sport and Sunday Sport, said its circulation figures for May are back up to the same levels of last November.Earlier this year, the publishing firm… Continue reading Sport Media Group says ad revenue is “holding steady”

Daily Newspaper MarketOverall, the daily newspaper market had a bleak month in May, falling by 4.7% year on year, with only one title bucking the downward trend.The Daily Star reported impressive year on year growth despite several other daily titles recording significant falls. National Newspaper ABC Figures – May 2009 Daily Titles May-08 May-09 Actual… Continue reading ABC National Newspaper Round-Up: May 2009

The Evening Standard‘s circulation was down by almost 30% year on year in May following its relaunch at the start of the month (see Evening Standard relaunches today with promises of better behaviour) which saw the title adopt a new distribution strategy.There have already been reports that executives at the paper believe the figures –… Continue reading Evening Standard’s circulation down almost 30% YoY

London Evening Standard is set to argue that its ABC figure for Friday is unfairly distorted because it does not reflect the title’s new mixed pricing and distribution strategy.The newspaper, which was recently acquired by Alexander Lebedev, is expected to report a 20% monthly circulation decline for May in the ABC release, despite being relaunched… Continue reading London Evening Standard to question ABC result

News International is planning to launch a standalone Sunday Times website with paid-for content.The new website plans, which are still under discussion but are thought to include charging readers for online content, come less than a month after Rupert Murdoch said he wanted to test the pay model on British titles (see Murdoch set to… Continue reading Sunday Times to launch standalone website

Combined print and online newspaper advertising revenues totaled $6.6 billion in the first quarter of 2009, according to the latest figures from the Newspaper Association of America. This was down more than 28% on Q1 2008 when total revenue was $9.2 billion, said the NAA. The NAA said that there were across the board declines… Continue reading US print and online newspaper advertising revenues totaled $6.6bn in Q1 2009

Celebrity news and fashion weekly Now has relaunched today with a redesign and new content.The new look is being supported by a £1.5million marketing investment and the appointment of creative agency Quiet Storm.Sandy Gale, Now publishing director, said: “The new look Now is stylish, confident and contemporary – with its cover packing a much harder… Continue reading Now magazine relaunches today

Style magazine The Face could make a comeback five years after it closed.Bauer Media’s chief executive Paul Keenan and men’s division managing director Geoff Campbell have enlisted Anthony Noguera, former editor of FHM, to oversee plans to launch the title, according to reports.Bauer is looking at how to relaunch the magazine, with options including a… Continue reading Bauer Media could relaunch The Face