News

A free business magazine produced in east London has undergone a “dramatic” change into an internationally distributed paid-for glossy priced at £5, its owners have announced

The latest IPA Bellwether report found almost 70% of UK companies in the third quarter of the year kept marketing budgets at the same level as the previous three months

Press release: Comexposium to expand its portfolio in Asia and strengthen the value proposition of INTERMAT ASEAN through the co-location of CONCRETE ASIA from 2018. Comexposium and IMPACT will co-organise and co-locate CONCRETE ASIA 2018

Buzzfeed UK reported a pre-tax loss of £3.3m last year despite more than doubling its turnover to £20.5m on the previous year, new financial figures show.

With 260,422 sales a month Glamour was the tenth biggest selling magazine in the UK as ranked by ABC. So news that its monthly edition is to close at the end of the year is a huge blow to the power of print magazine publishing. Glamour has fallen a long way since it burst on to the UK publishing scene in 2001, back in the days when publishing innovation was largely about changing the size of paper used

Glamour magazine is to stop publishing a monthly print edition as it turns its focus to digital and becoming the “ultimate online beauty destination” for the UK, owners Conde Nast announced today.

Google’s decision to axe its “first click free” policy on news search results this week has been hailed as a “victory” and the “first important step in recognising the value of legitimate journalism”.

Press release: The British Dental Association and CloserStill Media have announced a major new collaboration, that will see the British Dental Conference and Dentistry Show launched in May next year. The new collaboration of the BDA’s British Dental Conference and Exhibition, and CloserStill Media’s Dentistry Show, will take place on 18 to 19 May 2018 at the Birmingham NEC and will be the undisputed leader in dental events.

Iliffe Media is launching a second weekly independent newspaper title, which will cover Bishop’s Stortford in Hertfordshire, following the launch of the Cambridge Independent last year.

Half of all European display advertising is now traded programmatically, according to findings of a study conducted by IHS Markit for IAB Europe, released this morning at the dmexco conference in Cologne, Germany

Macroeconomic troubles have prompted Zenith to lower its global ad-spend growth prediction to 4% for 2017. Total expenditures are now expected to reach $558 billion

WPP is used to being the darling of the City. Although Sir Martin Sorrell’s ridiculously high pay packet prompts an annual shareholder revolt that typically goes nowhere, the holding company is about as reliable a performer you could ever hope for in adland.

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 within two years. Guardian Media Group said total revenues increased by 2.4% to £214.5m in the year to 2 April, thanks to the popularity of its membership scheme, one-off contributions and growth in international operations

Press Release: Diversified Communications, organisers of the highly successful natural and organic trade shows in London, Scandinavia, Hong Kong and Australia, and publishers of Natural Products magazine and Natural Products Global, have announced the launch of a major new consumer event, The Go Organic Festival, to take place at London’s iconic Battersea Park, over the weekend of 8-9 September 2018

Flashes& Flames blog: Digital disruption is full of contradictions for legacy media. Condé Nast splashed more than $100m on its trumpeted but short-lived plan to become an online fashion retailer. Less expensively, Hearst came to a similar conclusion. But, as magazines everywhere wonder whether e-commerce can ever fill the advertising gap, one UK publisher is quietly selling more than 250 cars every month to its readers.

Amazon is to add more than 40 TV channels to its UK streaming service, including ITV and live sport for the first time, upping the stakes against rival Netflix and pay-TV operators such as Sky.

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. Time Inc. spun out from Time Warner in 2014, emerging as a standalone company with some of the most storied magazine brands in history, but also $1.3 billion in debt and a lengthening record of declining revenue. Last year was no exception, with revenue falling to just under $3.1 billion. In 2010, by contrast, the company’s revenue was $3.7 billion. Time Inc.’s stock peaked at $25.62 just a month or so after the spinoff, and after a rally in early 2015, it’s never gotten close to that point again. It was trading at under $15 early this week.

Not showing advertisers their own ads has been the elephant in the programmatic room from day one. The minute clients like Marc Pritchard at P&G — and others like him working for premium brands — start requesting “checking copies” of their online ads, programmatic advertising will have a huge problem

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 the ranks of Vanity Fair, The New York Times, and The Atlantic, which have all seen subscriptions surge since November

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