Clik here to view.
Wall Street Journal digital only subscribers grew to 45% of base in Q3
News Corp press release: In a statement released with the earnings, the media firm said: “While we believe in the strength of our print properties, we are also investing energetically in the rapid...
View ArticleClik here to view.
UBM upbeat as large event growth offsets blips
The events organiser, which hopes to conclude the sale of its PR Newswire and Agility businesses in coming weeks, said performance since the start of the year had been in line with management...
View ArticleClik here to view.
Auto Trader grows sales, earnings and profit in first year as a listed company
Revenue increased by 10 per cent to £281.6m in the 2016 financial year, up from £255.9m in 2015. Operating profit increased by 27 per cent to £169.6m, from £133.1m, and earnings per share grew to...
View ArticleClik here to view.
Pearson to target online teaching courses
Pearson is targeting the global market for online university degree courses as it seeks to reassure investors about the slowdown in other areas of its education businesses. Pearson has warned on...
View ArticleITV sees almost £2.5b wiped off its value
ITV has seen almost £2.5bn wiped off its stock market value since the Brexit vote, raising city speculation the the broadcaster could become the target of a takeover. ITV, which saw its share price...
View ArticleClik here to view.
Economist profits up to £61m as paid subscriptions offset 18% print ad fall
The Economist grew profits to more than £60m last year overcoming an 18% fall in print ad revenues by focusing on pushing its premium print and digital subscription packages to readers. The weekly...
View ArticleClik here to view.
Daily Mail ad revenue shows signs of recovery in second quarter
The Daily Mail’s print advertising fell by 11% year on year in the three months to the end of June, a significant improvement over the 15% decline in the first quarter. Print advertising revenue...
View ArticleClik here to view.
Guardian Media Group hit with record £173m loss
Guardian Media Group will this week reveal a higher than expected full-year operating loss of £69m as the owner of The Guardian newspaper battles to bring its finances under control. GMG’s total...
View ArticleClik here to view.
Digital boost helps magazine publisher overcome advertising Time Out
Newly listed magazine company Time Out expects to report revenue growth of 16 per cent for the first half of 2016 – a period in which many other publishers have experienced heavy declines. The...
View ArticleClik here to view.
Facebook ad revenue rockets 63% to $6.24bn
For the three months ending in June, Facebook posted $6.44bn in revenue, a 59% increase on Q2 2015, while profit rocketed by 189% to $2.06bn year on year. Mobile ad revenue continues to be Facebook’s...
View ArticleClik here to view.
Guardian’s digital growth goes into reverse as losses balloon to £180m
The Guardian made a loss of more than £180m last year as digital growth went into reverse and the a tough print market took a further turn for the worse. A tumultuous year for the left-leaning title...
View ArticleClik here to view.
UDG Healthcare eyes acquisitions in the US
According to the Daily Telegraph UDG Healthcare could make as many as four acquisitions in the US next year, its chief executive has said. The Dublin-based company, which offers manufacturing,...
View ArticleClik here to view.
Pearson fails to make the grade as shares fall 25 per cent after firm cuts...
Pearson’s shares tumbled more than 25 per cent this morning, after the education company withdrew its profit goal for 2018. It has also announced plans to sell its stake in publisher Penguin Random...
View ArticleClik here to view.
Liberum analyst fears Informa could be hit by same problems as Pearson
According to Liberum Informa (INF) could be hit by some of the same problems facing US educational publishers such as Pearson. Analyst Ian Whittaker reiterated his ‘hold’ recommendation and target...
View ArticleClik here to view.
Future issues encouraging H1 Update
Press Release: Future plc (LSE: FUTR, “the Group”), the international media group and leading digital business, provides a trading update for the six months to 31 March 2017. Overall trading for the...
View ArticleClik here to view.
Telegraph finds way to profits in age of digital disruption
The Daily Telegraph is a rare beast: a British newspaper that makes healthy profits. All around it, the news industry is being upended by plunging revenues from print advertising and the migration of...
View ArticleClik here to view.
Trinity Mirror reports 19% print ad slide as it confirms the New Day’s closure
Trinity Mirror has reported a fall of nearly 20% in print ad revenues as it confirmed it is to close the New Day after just two months. Ahead of its AGM on Thursday, the Daily Mirror publisher said the...
View ArticleClik here to view.
The Economist Claims a Trump Bump
The Economist is following the trend of Trump-era subscription success, with a growth of 19 percent in North American digital subscriptions since the election. This puts the London-based magazine in...
View ArticleClik here to view.
Magazine Media’s Dismal Record in Public Equity Markets
When Time Inc. declared it was putting the brakes on a potential sale, the announcement served — among other things — as a reminder that the public equity markets have not been kind to magazine media....
View ArticleClik here to view.
Guardian Media Group cuts losses by more than a third
The parent company of the Guardian and Observer cut its losses by more than a third to £45m in the last financial year and more than quadrupled its number of paying members, as it seeks to break even...
View Article
