Posts by mwright

Spire will combine the publisher’s first-party data with 1010data’s consumer

Forecast comes from GroupM, media arm of world’s largest ad company, saying spend should rise again in event of remain vote

Reuters study suggests that neither millennials nor over-55’s exhibit much preference to consume news in print

Hearst has acquired a majority stake in MedHOK, Inc., a Tampa-based startup and software-as-a-service provider to the healthcare industry, the company announced yesterday. Terms of the deal were not disclosed, but upon the deal’s anticipated completion this summer, MedHOK will join Hearst Business Media’s healthcare information solutions group, which includes the companies FDB, Zynx Health, MCG, and Homecare Homebase.

Rivals working together to find ways of countering declining print revenues. Last year revenues from display adverts dropped 15 per cent, with publishers reporting similar figures for the first half of this year

Hachette UK announced today that it has acquired the British mobile game development studio Neon Play, which will operate as a standalone business under the Hachette umbrella. The move allows Hachette to publish authors on new platforms and the publisher to “pursue more generally our aim to generate rapid growth” on other platforms

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

The Financial Times is to significantly boost its advertiser-funded video and digital content by acquiring specialist firm Alpha Grid. Alpha Grid produces branded content across broadcast, video, digital and social as well as events. The FT is aiming to ramp up its content marketing operation, housed within a new studio operation FT2 launched in September, which […]

Condé Nast has acquired Backchannel, a tech business brand from social publishing platform Medium. Backchannel will continue to live on the Medium platform and will be ad supported through that platform, a similar model to Bill Simmons’ The Ringer

After 71 years, Ebony magazine is changing hands. Johnson Publishing, the Chicago-based family company that launched Ebony and digest-sized sister magazine Jet in 1945 and 1951, respectively, has sold both titles to Austin-based private equity firm Clear View Group

After more than two decades selling advertising on behalf of the nation’s (USA) biggest newspaper publishers, the Newspaper National Network is closing up shop at the end of this month, the organization announced Tuesday

At the start of 2016, UK television broadcasters were on a roll. Spending on TV advertising had surged more than 7 per cent to £5.3bn in 2015. ITV, the UK’s biggest commercial broadcaster, was looking forward to another strong year — thanks in part to sporting events including the European football championships. But, so far, the TV ad market in 2016 is flat, or just marginally stronger than at the same point last year, according to media agencies. Some industry analysts even believe TV ad spending could fall this year — for the first time since the global financial crisis in 2009.

Time Out tourism city magazine IPO float shares tanked Oakley CapitalTime Out’s stockmarket debut fails to dazzle: One star – needs improvement. That’s likely what the army of writers at Time Out (TMO) would be thinking if they had to review the media group’s stockmarket flotation Tuesday. Shares in the culture and entertainment mag fell 10% on their first day trading on AIM, and questions must surely be asked about the timing, coming as it does amid a major sell-off ahead of the European Union referendum next week

People are increasingly heading to social media such as Facebook for news, making it more difficult for publishers to attract and make money from readers, according to an influential new report

Microsoft is buying the professional social network LinkedIn for $26.2 billion (£18.5bn) in one of the biggest technology deals in history. The news, announced on Monday afternoon, instantly sent LinkedIn’s share price soaring by 50 percent in pre-market trading. The deal will be the biggest in Microsoft’s history. Microsoft’s shares fell 3.5 percent on the news. Microsoft said LinkedIn boss Jeff Weiner would stay in charge and report to Satya Nadella.

It’s been another ‘bad news’ month for UK newspapers. Just a few weeks after Vice founder Shane Smith predicted a media industry “bloodbath”, Britain’s most successful newspaper group DMGT reported a 16% drop in advertising revenue at the Daily Mail in the six months to the end of March. Even the 20% growth at its Mail Online was scant consolation because annual revenue will not reach the £100m targeted for more than two years. Consequently, the world’s largest English language newspaper site remains far from profitable. Daily sales of the UK’s national newspapers have more than halved to 6.5m in the past 15 years and are still falling. But it is the continuing drain of advertising that panics investors.

The German publisher continues to focus on building its digital subscription business with $250m purchase of research company

Ten Alps, trading as Zinc Media, the TV and multimedia content producer, today announces the disposal of the trade of Grove House Publishing Limited (“Grove”), one of its publishing subsidiaries, for a cash consideration of £50,000. Ten Alps will also retain certain assets, including the debtor book and cash in Grove, subject to various completion adjustments.

Time Out, the publisher that recommends things to do in cities from New York to Beijing, has conditionally raised £90m ahead of listing on London’s junior stock market, as it embarks on an ambitious growth plan

Briefing Media today announces the acquisition of Global Data Systems (“GDS”). GDS is the publisher of two market leading intelligence platforms: FeedInfo – the world’s leading source of news and premium intelligence for the meat, biotechnology and animal feed sectors; and FlexNews – a vital news service for senior executives working at multinationals in the global food industry