Posts by mwright

Stories about the reinvention of daily newspaper companies are often not what they seem. They tend to involve traditional media groups not so much investing in the future of news as placing their bets somewhere else entirely. Thus, the UK’s Daily Mail Group, and Hearst Corp, in the US, are investing more heavily in business media and entertainment. And even Rupert Murdoch’s News Corp is now generating 35% of its profit and all its growth from digital property listings

An “unethical, immoral, mendacious coven of techie wannabes” — that is how Randall Rothenberg, president of the Interactive Advertising Bureau, describes ad-blocking companies

The merger gives birth to the most comprehensive B2B information and media resource in the North American grocery, convenience store, and big-box retail market, according to the new company

The Brooklyn Brothers — a fast-growing independent known for award-winning “paid” and “owned” media campaigns for brands such as NBC and Pepsi — has been acquired by one of the dominant players in “earned” media, Interpublic public relations division Golin

The Telegraph Media Group (TMG) made an operating profit of £51m last year, according to unaudited accounts leaked to the Guardian. That was £4m down on the previous year

Interpublic Group reported 6.1% organic revenue growth for 2015 on total revenues of $7.54 billion. The company’s organic growth in the fourth quarter of the year was 5.2% with total revenue of $2.2 billion

Dentsu Group has posted revenue of YEN 818.57 billion (£4.96 billion) for 2015 – a 12.8 per cent year on year increase. Gross profit for the Japanese group’s full year 2015 results stood at YEN 761.996 billion, a 12.6 per cent rise, with organic gross profit growth increasing by 7.0 per cent

VNU Exhibitions has announced its acquisition of Aquarama and Pet Asia from UBM Exhibition Singapore Pte Ltd. Aquarama is a trade show covering fish, invertebrates, plants and related accessories

Artexis Easyfairs has expanded its international presence in the packaging event and congress sector with a new organiser acquisition

Disposal could fetch $3bn as group focuses on financial information products and services

Evgeny Lebedev and team have not yet made a final decision but he is expected to close 30-year-old titles

Barclay brothers believed to be testing potential City interest in newspaper group

Transaction Combines Time Inc.’s Premium Content, Subscriber and Visitor Data, and Advertising Inventory with Viant’s First-Party Data and Targeting Capabilities

Twitter has reported a $521.03 million (£358.65 million) net loss for trading in 2015 and, for the first time, no growth in its user numbers.

In its fourth quarter earnings, the social media platform reported a net loss of $90.24 million (£62.11 million) for the three months up to 31 December, 2015

Autometrix publishes two monthly newsstand and subscription titles, Audi Driver and VolksWagen Driver and has two significant events, Audi Driver International incorporating an annual Awards Dinner and Gti International, its flagship event held in July. It also holds a number of track days for enthusiasts across the country

Johnston Press is in advanced talks to buy the i, the cut-price national newspaper owned by Evgeny Lebedev, in a move which multiple sources say will spell the end of the Independent and Independent on Sunday

the magazine business jointly owned by The Guardian’s publisher and private equity group Apax, has floated at 200p a share, giving it a market cap of around £800m. Guardian Media Group, which owns around a third of the business, and Apax, which owns two-thirds, will sell a 25pc stake in the company with shares priced between 200p and 210p.

The business, which owns a raft of business titles including Retail Week and Health Service Journal as well as the Cannes Lions advertising festival, will float on Tuesday for up to £840 million. GMG and Apax will sell up to 20 per cent of their stake with shares priced at between 200p to 210p each

In October last year Ascential chief executive Duncan Painter sent a shockwave through the printing industry after he was quoted in the Guardian as saying that all of the firm’s print titles would become digital only “over the next 12 to 18 months”.

Conde-NastCondé Nast and Hearst Magazines Thursday announced the creation of a joint venture to combine circulation, procurement and production functions between the two companies. The new company, PubWorx LLC, will also seek to serve external clients