US newspaper advertising revenue fell a record 18% – nearly $2 billion – in the third quarter, according to new figures from The Newspaper Association of America (NAA). The NAA found that the sector’s online ad revenue also dipped for the second quarter in a row, down 3% to $749.9 million, from $773 million a… Continue reading US newspaper ad revenue falls record 18%
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IPC Ignite has appointed Gareth Williams to the role of ad manager of its men’s lifestyles titles, Nuts and Loaded.Williams, who joined the publishing group in October 2007 from Associated Newspapers, will step up from his former senior sales role and report directly to Ignite’s trading director, Andrew Goldsmith.He will be responsible for the display… Continue reading IPC appoints new Nuts & Loaded ad manager
Robert Lerwill, the Aegis group chief executive, is set to leave the company today without a job to go to.Following a sudden announcement yesterday afternoon, Aegis confirmed Lerwill’s departure and said chairman John Napier will cover his role on an interim basis.Napier joined Aegis as chairman in July this year – he is also chairman… Continue reading Aegis chief executive will leave today
Daily freesheet Metro is set to get a new look from Monday with smaller headlines and extra celebrity news pages.The Associated Newspapers title will be getting “a little makeover” according to the publisher, which is also set to include fewer listing pages.Celebrity gossip pages will increase from two pages to four, though the editorial/advertising ratio… Continue reading Metro set for makeover
Telegraph Media Group’s management told its staff today that 50 editorial staff will be made redundant.The job cuts, which are thought to represent a 13-14% saving to the editorial budget, will be brought into effect by Christmas, according to reports.Staff at the publishing group said they had been expecting job losses of this scale, especially… Continue reading Telegraph Media Group cuts 50 jobs
Future Publishing has reported a 9% rise in adjusted operating profit and a 3% boost in advertising in its preliminary results for the year, bucking the current downward trend.The publishing group said that advertising bookings in the three months to December were at 95% of their level in the same period last year.Future said it… Continue reading Future Publishing reports profits increase
Total UK ad spend will fall by 12% in 2009, according to a new report from Enders Analysis. The report also forecasts that UK newspaper advertising revenues will fall by 21% next year. Newspaper display ads will be down 22% in 2009 and classifieds down about 19%, said Enders Analysis. Growth will not return to… Continue reading UK ad spend to fall by 12% in 2009
IPC’s compact weekly TV magazine title, TV easy, is set to relaunch in a bigger size format on November 25.TV easy‘s new size, of 255mm by 190mm, will still remain the most compact in the market but will have extra space for more features, pictures and ads.The magazine’s content will continue to offer a mix… Continue reading TV easy goes large
Independent News & Media plans to cut up to 90 jobs from its London-based titles in a move to save the company around £10 million.INM also confimed that is currently “investigating the possibility” of outsourcing some areas of its London operation, which includes the Independent and its sister title, the Independent on Sunday.This comes just… Continue reading Independent to cut 90 jobs
News Corp owner Rupert Murdoch has dismissed as “misguided cynics” those who say that the internet will kill off newspapers.In a lecture for the Australian Broadcasting Corporation, Murdoch said: “Too many journalists seem to take a perverse pleasure in ruminating on their pending demise.“Unlike the doom and gloomers, I believe that newspapers will reach new… Continue reading Murdoch dismisses newspaper “doom and gloomers”