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 House, after an “unprecedented period of change and volatility”. A textbook perfect storm
Media companies will be allowed to ban customers who use ad blockers under new online privacy rules proposed by the European Commission. To combat the rise of ad blocking technology, which stops online adverts from showing up on websites, many publishers — including technology magazine Wired and mainstream titles such as Bild, the German tabloid — have opted to ban users who refuse to see advertising. In a proposed reform of the law on Tuesday, the commission attempted to clear up legal confusion by deciding that detection of an ad blocker would not break EU rules
Economist deputy editor and digital strategy head Tom Standage on why news publishers need to say goodbye to advertising…
Advertising technology start-ups are struggling to get funding because of the dominance of Facebook and Google
According to the NiemanLab, each year they ask some of the “smartest people” in journalism and digital media what they think (through December 19) is coming in the next 12 months (2017). Starting off with Ray Soto, design director of emerging technologies at USA Today Network, speaking to VR moving from experiments to immersion, he says “If your production teams haven’t already heard of these terms, get to know them: ambisonics, stereoscopic rendering, and photogrammetry will be standard by the end of the year.”
Newsquest Media Group yesterday announced the acquisition of the Forestry Journal and essentialARB publications.
Publisher Axel Springer (SPRGn.DE) plans to launch Germany’s first daily sports newspaper next month, focusing on soccer as it seeks to offset a decline in sales at its established print business Fussball Bild will be the Germany’s first sports daily. Spain has a soccer-focused daily called Marca, which is published by Unidad Editorial and is the […]
Google and Facebook will take more than 70% of all money spent on display advertising online in the UK by 2020, according to a report suggesting the firms will soon have an effective duopoly spanning the Atlantic
In the decade running up to 2015 the UK’s local and national newspapers (excluding the Financial Times) saw revenue roughly halve to just over five billion pounds. There you have it. Newspapers are making half the money they used, and the only area in which revenues are significantly growing is digital — and there are a whole heap of issues for them there
The Americas divison of the global B2B information firm, which has not been shy about its aggressive transition from trade publisher to “events-first” company, confirmed to Folio: today that Design News, MD+DI, Qmed, and Packaging Digest will cease print production following their respective December issues and enter 2017 as digital-only brands.
Raconteur, the free current affairs magazine, is closing nine months after launching due to a lack of advertising revenue. The last issue of the quarterly magazine, published by content agency Raconteur Media, will come out on Friday. Press Gazette was told that the magazine’s editor, Peter Guest, has been suspended after emailing staff about the closure.
Brexit will further weaken a slowdown in UK adspend in the coming years, Zenith has forecasted, with advertising growth set to halve to 5% this year. The Publicis Groupe media agency’s Advertising Expenditure Forecasts says UK adspend will be down on 2015’s 9.2%. Last year Zenith had predicted UK growth of 9.7%.
DMGT has little in common with supposed peers Johnston Press and Trinity Mirror. A forward earnings ratio of 14.2 times suggests the future is rosy. The market predicts deep trouble ahead for the other two, with ratings of 0.7 and 2.2 times, according to S&P Global. If DMGT were shorn of its legacy media interests, it would be rated more like Relx at 18.7 times
The new patent system is a complex hybrid of EU and non-EU components. While the UPC is officially an international judiciary outside the EU, it was set up under the auspices of the EU and is currently open only to member states – and some of its underlying legal framework is subject to interpretation by the European Court of Justice.
DMGT, the owner of the Daily Mail saw profits tumble by a quarter at its newspaper operation following a double-digit fall in print advertising revenues and investment in Mail Online
Dennis Publishing is proposing to close the print edition of Coach Magazine, with the issue dated Wednesday 14th December being its last
Display and classified revenues once swelled the profits of daily newspapers but also wrecked the relationship with their readers who became mere statistics with which to sell advertising. Readers (sometimes attracted as much by classified jobs ads as by journalism) became less important than advertisers who provided up to two-thirds of revenues and often 100% of profits
With 100-year-old Vogue and design and lifestyle bible Wallpaper producing their biggest-ever issues – and “handbag” size pioneer Glamour seeking to bulk up to a bigger, glossier edition – the luxury magazines appear to be defying the advertiser and reader exodus rapidly eroding the rest of the magazine market
The BBC World Service is to undertake its biggest expansion since the 1940s
Publishers behind paywalls are stuck with a ‘scaleless’ strategy, believes the Telegraph, as it looks to balance its own paywall with an open model that takes cues from Apple News
