Raymond Snoddy says the picture is not entirely bleak but it really helps when those owning and running local and regional newspapers actually believe in their future…
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The Daily Mail & General Trust posted a 5% increase in advertising revenues for its national newspaper division in the three months to 2 January.
“Higher national advertising revenues, together with A&N Media’s focus on cost control, will lead to significantly higher profits for the full year, compared to last year,” Daily Mail and General trust reports this morning.
Yesterday’s ABC release paints a fairly dire picture for the regional newspaper market, with all but two newspaper groups posting declines.
Johnston Press, owner of The Scotsman and The Yorkshire Evening Post, has reported its first year-on-year operating profit increase since 2006.
Glamour magazine has produced eight different versions of its September edition, for eight different regions in the UK, due for release on Thursday 12 August.
ABC is launching the ABC Irish (ROI) Council, allowing the Irish media industry to play a more active role in the development of ABC rules and regulation.
Johnston Press has ended its paywall trial, which charged readers for content around six of its titles.
Pre-tax profits have fallen 56% at regional publisher Johnston Press, to £43 million.
Nearly all US consumers (97%) now use online media when researching products or services in their local area, according to an ongoing consumer tracking study from BIA/Kelsey.
