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Daily Mail & General Trust, owner of the Daily Mail, has reported a 47% fall in adjusted pre-tax profits to £77 million for the six months to 29 March.The publisher also suffered an 85% drop in operating profit at its regional division and a 59% fall across its national newspaper business.It said that the results… Continue reading DMGT pre-tax profits fall 47%

Redwood’s May/June edition of Your M&S, celebrating the 125 years of Marks & Spencer, has a cover price of just 1p.On sale in-stores now, the magazine’s design and content are also intended to celebrate the nation’s nostalgia for the M&S brand on its birthday.Special content includes an exclusive interview with M&S CEO Stuart Rose, a… Continue reading Your M&S cuts cover price to 1p for anniversary issue

Future, the specialist magazine publisher, has reported an 11% fall in revenue for the six months to the end of March.The company’s revenue was £76.6 million for the period, a 2% year-on-year fall or 11% when the effects of currency exchange are removed.Overall circulation revenues, accounting for 59% of total revenues, were down 10% year… Continue reading Future reports fall in revenue

The north Kent free weekly title the Gravesend, Dartford & Swanley Extra, published by Kent Messenger Group, is relaunching as the Messenger Extra.Messenger Extra will be a single-edition title, replacing the two editions distributed in Gravesend and in Dartford and Swanley.The old door-to-door delivery distribution model will be replaced by a mix of free-to-home delivery,… Continue reading Kent Messenger Group to relaunch free weekly paper

Google has written a letter to the Office of Fair Trading asking it to relax rules governing UK newspaper mergers.Google said that it would be supportive of publishers wanting to merge with local and regional newspapers to create competition for the search engine and online content aggregators.The OFT is currently reviewing the existing merger rules… Continue reading Google asks OFT to relax newspaper merger rules

talkSPORT owner UTV Media has completed the acquisition of free weekly magazine Sport.The magazine was suspended in April after French parent company Sport Media & Strategie went into administration (see Sport magazine suspends publication).It is understood that Sport will be back on London’s streets on 12 June, with 19 of its 22 UK staff staying… Continue reading UTV Media buys Sport magazine

The Sun is cutting its cover price from 30p to 20p in London from today, making it the joint cheapest national newspaper in London with the Daily Star.The News International paper’s cover price will remain 60p in the capital on Saturdays.ABC figures for April show that the Sun had a circulation of just under three… Continue reading Sun cuts cover price to 20p in London

Apple, IMG Sports Media and Premier League Archive have signed a new deal that will allow iTune users to watch football highlights on their iPods.Football fans will be able to download up to 50 ‘Classic Premier League’ matches from five seasons between 2002/03 and 2006/07.There will be 12 episodes available for each season as well… Continue reading iTunes to sell Premier League highlights

thelondonpaper, the afternoon freesheet published by News International, is launching an ad campaign today using three different ads with straplines including “Nada”, “Zilch”, and “Diddly Squat”.The ads, reassuring readers that nothing has changed about the paper, follow the London Evening Standard‘s recent “sorry” campaign.The text on the ads says the title is “still listening, still… Continue reading thelondonpaper launches new ad campaign

Independent News & Media has agreed a financial standstill deal with its investors, giving it until late June to negotiate the refinancing of its €200 million (£178 million) bond.The publisher of the Independent newspaper has also secured €15 million (£13.3 million) in working capital.The standstill period starts today and runs until 26 June. INM said… Continue reading INM agrees “financial standstill” deal with investors