US newspaper ad revenues are forecast to fall to $28.4 billion by 2012, down from an estimated $37.9 billion in 2008, according to new research from eMarketer. eMarketer forecasts a 15.9% drop in 2009, pulling ad revenues down to $31.9 billion. From 2010 through 2012, the rate of decline will slow but remain in negative… Continue reading US newspaper ad revenues on downward slide
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BBC One’s live coverage of President Obama: The Inauguration pulled in more than 7 million peak viewers yesterday, making it one of the highest rating programmes of the day.More than 5.1 million average viewers tuned in to see Barack Obama enter the White House yesterday afternoon, securing BBC One with a significant 33.2% audience share… Continue reading Obama’s inauguration attracts 7 million viewers
Former KGB agent Alexander Lebedev has acquired London’s Evening Standard for £1 from Daily Mail & General Trust.The deal will see a new company, Evening Standard Ltd, established that will own the paper, with Lebedev taking a stake of 75.1% and DMGT subsidiary Associated Newspapers becoming a minority shareholder with 24.9%.Associated will continue to provide… Continue reading Lebedev buys Evening Standard
The BBC should be at the heart of public service broadcasting in the UK and take on a key role of pioneering new digital platforms, according to Ofcom’s new report published today.Ofcom’s much-anticipated public service broadcasting blueprint suggests that the BBC should focus on the development and take-up of content across new platforms but rejects… Continue reading Ofcom rejects top-slicing the BBC’s funding
Ed Balls, the secretary of state for children, schools and families, has criticised a proposal to remove local councils’ obligation to place public notices in local newspapers.Balls described such a move as a “retrograde thing to do”, adding “I don’t think it would be sensible to have any strategy on these things which actively damages… Continue reading Balls opposes removal of mandatory council ads in local press
Channel 4, ITV and Five are all pleased with the recommendations set out in Ofcom’s Public Service Broadcasting blueprint, which was published earlier today (see Ofcom rejects top-slicing the BBC’s funding).Channel 4’s chief executive Andy Duncan has welcomed Ofcom’s proposals to create a new commercial public service broadcaster, moulded around C4.Duncan said that Ofcom’s idea… Continue reading C4, Five and ITV welcome Ofcom recommendations
Travis Baxter, MD radio (strategy, regulation and business development) at Bauer Media, looks at what the forthcoming reports from Ofcom and Lord Carter could mean for radio…The ill economic winds have blown into the New Year of 2009, swirling around the imminent publication of two key industry reviews which will affect each of us as… Continue reading What will the Ofcom and Lord Carter reports mean for radio?
Four out of the five main terrestrial channels saw declines in viewing share in December – Five was the only channel to buck the downward trend, recording a 0.1 percentage points increase year on year.All ViewingBBC One and ITV1 both experienced a year on year decline of 0.5%, taking their shares down to 21.9% and… Continue reading Television Viewing Round-Up – December 2008
Absolute Radio has signed a new six-figure deal with Renault Vans, with the motoring brand sponsoring the broadcaster’s travel bulletins on-air and online.The 12 month long deal is the fourth year of the sponsorship, making Renault Vans the station’s longest running sponsor ever. The partnership sees tailored messages for Renault Van models featured on over… Continue reading Absolute Radio signs six-figure deal with Renault Vans
Tim Cain has been appointed as the Association of Online Publishers’ (AOP) head of research and insight.Reporting to Liz Somerville, AOP acting director, Cain will set the AOP’s research agenda and drive a programme of research activity to deliver insight for the association’s members.Priorities will include developing the association’s Annual Membership Survey, introducing new research… Continue reading AOP appoints head of research
