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Independent News & Media has failed to reach a deal with bondholders over a €200 million bond and has reported a full-year pre-tax loss of €161.4 million for 2008.INM had previously warned that its failure to agree a deal over the bond means there is “a material uncertainty which may cast significant doubt on the… Continue reading INM reports €161.4m loss

UTV Media is in pole position to acquire Sport Magazine after ShortList ruled itself out of taking on the title.UTV executives are due to meet with representatives from Sport magazine’s France-based parent group, Sport Media & Strategie, for the second time in a week to try and come to a deal for the title, according… Continue reading UTV Media to acquire Sport magazine

Three Northcliffe Media titles in the east Midlands have dropped their final city editions and moved to full overnight printing.The Derby Evening Telegraph is set to become the Derby Telegraph – a single overnight edition – while the Leicester Mercury and the Stoke Sentinel have each dropped from four to three editions a day.The Stoke… Continue reading Three Northcliffe titles cancel final city editions

Natmag-Rodale has appointed Morgan Rees, editor of Men’s Health, to the role of editorial director across the publisher’s portfolio of titles.Natmag-Rodale, a joint venture between The National Magazine Company and Rodale, has also appointed Alun Williams to the new role of group publishing director as part of its ongoing restructure.Williams will have commercial responsibility for… Continue reading Natmag-Rodale resturctures editorial roles

Virgin1 is set to expand its hours on Freeview from 20 May 2009, and will be joined on the platform by a new Virgin1+1 service.The move follows Virgin Media Television’s successful bid for a 24-hour slot on SDN’s Freeview multiplex.Although Virgin1 has been available all day on the Sky and Virgin Media platforms since its… Continue reading Virgin1 to expand Freeview hours

Two of Independent News & Media’s biggest shareholders have offered £27 million of their own money in a bid to secure crucial refinancing for the struggling media group.Sir Anthony O’Reilly and Denis O’Brien have put up their own cash to help renegotiate a €200 million bond before a mid-May deadline.INM’s advisors hope to convince investors… Continue reading Independent shareholders forced to part with their own cash

We are getting to a point where we are measuring everything online and understanding very little, according to Adam Freeman, commercial director at Guardian News & Media.Speaking at yesterday’s ABCe Interaction event in London, Freeman explained that this is becoming a “real problem for businesses” adding that there are three key areas where measurement needs… Continue reading Adam Freeman: We’re measuring everything online and understanding very little

Giving an agency perspective on online audience measurement at yesterday’s ABCe Interaction event, Pete Robins, deputy chair, IPA Digital and founding partner of Agenda 21, said that although agencies have become better at handling online data, they still have a long way to go.“Data is the thing that will drive our industry – agencies are… Continue reading ABCe Interaction: Still room for agencies to improve

German publisher Burda has relaunched its real-life weekly Full House! magazine and reduced its cover price to 50p.The new-look title will feature a new 12-page weekly pullout, “Beat the Credit Crunch”, in a bid to appeal to readers who are feeling the economic pinch, according to reports.Editor Dave Claridge said Full House! is now more… Continue reading Burda relaunches Full House!

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