Former KGB agent Alexander Lebedev is set to buy London’s Evening Standard today, in a deal that will see him become the first Russian oligarch to own a major British newspaper.Lebedev is reportedly poised to take a controlling 76% stake of the struggling title, while the Evening Standard‘s parent group Daily Mail & General Trust… Continue reading Former KGB agent to buy Evening Standard
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The lines between media channels in the 21st century have become increasingly blurred, according to the third annual Media Myths & Realities survey from Ketchum and the University of Southern California Annenberg Strategic Public Relations Center. The survey compares the media usage habits of 1,000 adult Americans (including 200 influential citizens, or ‘influencers’ – the… Continue reading Lines between media channels becoming increasingly blurred
An extra four national newspapers are expected to raise their cover prices this month, in a bid to battle it out with each other and beat the credit crunch.Following ABC’s disappointing December release, which saw all the national newspaper’s – bar one title – report circulation declines, newspapers are being forced to increase their price… Continue reading Four more newspapers set to up cover prices
The Mail on Sunday has hired former Bauer executive Marcus Rich as managing director, replacing Stephen Miron who left last November to join Global Radio.Rich will also take on the additional role of deputy managing director of Mail Newspapers after the company integrated its daily and Sunday sales departments, according to reports.He will report directly… Continue reading Mail on Sunday appoints new MD
Guardian News & Media (GNM) is launching a subscription service for its Guardian and Observer readers this weekend, with three varying rates on offer.Readers will have the opportunity to take out a weekend subscription, which includes the Saturday edition of the Guardian and Sunday’s Observer, giving them a 20% discount on the cover price.Alternatively, a… Continue reading GNM launches new subscription service
Dennis Publishing is set to close its monthly Computer Buyer title after 18 years in order to focus on its Computer Shopper magazine.The March issue of Computer Buyer will be the last copy of the magazine to hit the shelves – the title has seen its circulation decline significantly over the past few years, down… Continue reading Dennis publishes last Computer Buyer magazine
Trinity Mirror has raised the Daily Mirror‘s cover price by 5p to 45p today, making it the most expensive red-top tabloid.The Mirror‘s price increase, which makes the paper 15p more than the Sun and 25p more than the Daily Star, promptly sparked an attack from its News International rival.The Sun took out a full page… Continue reading Daily Mirror ups its cover price
The Financial Times is set to make up to 80 staff redundant across its global operations as part of its restructuring plans, in a bid to sustain its “financial strength”.The FT‘s chief executive John Ridding has started negotiations with 80 employees about possible redundancy measures today, warning journalists that 2009 will be “crucial year for… Continue reading FT plans 80 redundancies
Daily Newspaper MarketThe national daily newspaper market suffered an overall circulation fall of more than 5% year on year in December.The Independent saw the largest fall of the national titles, down 12.3% year on year, followed by the Daily Mirror, down by almost 10% year on year. National Newspaper ABC Figures – December 2008 Daily… Continue reading ABC National Newspaper Round-Up: December 2008
Daily Newspaper MarketThe national daily newspaper market suffered an overall circulation fall of more than 5% year on year in December.The Independent saw the largest fall of the national titles, down 12.3% year on year, followed by the Daily Mirror, down by almost 10% year on year. National Newspaper ABC Figures – December 2008 Daily… Continue reading ABC National Newspaper Round-Up: December 2008