Tag Archives: advertising revenue

MediaGuardian: DMGT to axe 1,000 from Northcliffe Media

Daily Mail & General Trust has announced possible job cuts of 1,000 at its regional publishing division Northcliffe Media.

The group posted a 24 per cent fall in advertising revenue across its national newspaper division and 37 per cent drop for regionals for Q1 2009.

Full story at this link…

Rebekah Wade’s first public speech in full

If the Wordle and other coverage isn’t enough, here’s the Hugh Cudlipp speech by the editor of the Sun, Rebekah Wade, in full [note: may have differed very slightly in actual delivery]:

The challenging future of national and regional newspapers is now the staple diet of media commentators.

If you have been reading the press writing about the press you’d all be forgiven for questioning your choice of career.

I’m not denying we’re in a tough place – we are.

But I don’t want to use this speech to make grand statements on the future of our industry.

I want to talk to you about journalism.

Continue reading

A timely week for the Huffington Post to launch mobile

In all the election excitement, this nearly got missed but the Huffington Post went mobile this week.

Media Bistro originally reported:

“HuffPost Mobile’s election coverage includes top news stories, election results and featured blog posts. Other non-election content includes pieces from HuffPost‘s various sections like green, living, entertainment, media and style.”

It’s powered by Crisp Wireless and the two partners will now be looking to gain advertising revenue through the service, Media Bistro reports.

Round-up of the recent UK newspaper job cuts

It’s hardly like newspaper jobs were all that secure anyway, but this month’s financial situation (something about a recession) hasn’t helped things either over the last couple of weeks.

This week news broke that two of the UK’s biggest-selling regional daily newspapers will cut 135 jobs.

The family run publishers Midland News Association are looking to merge their publications, the Express and Star and the Shropshire Star, with the aim of reducing costs by around £3 million a year.

After a decline in advertising revenue, the publishers considered it a necessary move, as reported over at the Guardian. There are plans to merge some parts of classified advertising, production and finance.

Press Gazette reported that despite the merger, both publications will maintain their individual identities, while also keeping separate editors and reporters.

  • At the beginning of last week we learnt that the Metro in Manchester will be axing ten jobs. It has since been announced that the jobs lost will be in editorial, sales and adminstration roles. The Liverpool office has been closed and relocated to Manchester.
  • Three of Trinity Mirror’s East Midlands publications ceased production last week, as reported over at Hold the Front Page: the 126-year-old Long Eaton Advertiser, The Nu News and The Long Eaton Trader. A distribution worker and 3 members of advertising were made redundant. Due to staff reassignments, no editorial job cuts were made.

New media types among Evening Standard’s 1000 most influential Londoners

Peter Mandelson had to be a last minute addition to the list because the magazine had already gone to press: being offline seems to be a recurring theme for the London Evening Standard’s 1000 most influential Londoners list, out this evening.

Can we get an online version? Can we heck! After time wasted going round the editorial houses through the Evening Standard switchboard, Brighton-based Journalism.co.uk is getting sent a print version.

So in the meantime (till the print copy arrives) here’s the online media and general media types we’ve spotted on the list of 50 that are featured on the website. And it looks like new media gets a fairly good representation.

The little ‘see new media’ under the names almost had us thinking we could click on links… no chance. Well, we’re not in London; we don’t really exist, clearly.

Shiny Media’s three founders are included – and quoted as being “highly influential in the UK online world”. They aren’t among the very top 50, but you can see a scanned in bit of the list on the Shiny blog.

Media/Online types from the top 50:

  • Nikesh Arora, GOOGLE, EUROPEAN VP: Boss of the internet giant’s most important base outside California, bringing in close to a billion pounds a year in advertising revenue in the UK. Landed Google job after 17 interviews. (New Media, TV & Radio)
  • Jonathan Ive, 41, APPLE, DESIGN GURU: The world’s most influential product designer, involved in the iPhone and iPod. He is returning to British roots, buying a £2.5 million retreat here. (New Media)
  • Mark Thompson, 51, BBC, DIRECTOR-GENERAL: From deception scandals to swingeing job cuts, Thompson has had to weather many storms while rival broadcasters pitch for a slice of the corporation’s income from the licence fee (Television & Radio)

Outside of the big 50 we’ll have to rely on the Guardian’s Media Monkey for information:

“…chief exec James Murdoch, Ashley Highfield, chief exec of the Kangaroo on-demand TV project and, drum roll please, Evening Standard owner Lord Rothermere, chairman of DMGT! Who’d have thunk that thisislondon.co.uk was such a groundbreaker?

Other media bods on the list were Paul Darce, Rebecca Wade, Ed Richards, Mark Thompson, Simon Cowell, Simon Fuller, Nick Ferrari, Emily Bell, Eric Huggers, Evan Davies, John Humphrys, Jay Hunt, Peter Horrocks, Alexandra Shulman and Gok Wan.”

AOP 2008: At yesterday’s digital sweetshop – best of the rest

It was all a bit kids in a sweetshop at yesterday’s AOP Digital Publishing Summit, if we forget all the problems with wifi, of course.

The main aim, for most attendees, In all likelihood, was to talk to all the people they know in online life, but rarely get the chance to talk to in person – over coffee (and odd looking cake/pastries) and lunch during the day, and drinks in the evening.

The programme ranged from panels to energetic speakers with a broad range of digital publishing topics covered – though perhaps not as much new discussion was initiated as some participants hoped, despite Peter Bale from Microsoft attempt to get some answers from YouTube’s Jonathan Gillespie.

A few additional highlights to add to our coverage so far:

Emily’s Bell’s vision for Guardian’s international reach: In the panel introducing ‘the digital pioneers,’ Bell, director of digital content for Guardian News & Media, said the group sees now as a ‘uniquely’ timed opportunity for the brand to expand internationally – and to do so before their rivals do.

Speaking to Journalism.co.uk afterwards, Bell elaborated on her example of the Economist’s well-established grasp of the international market.  Although it happened for the Economist over a 20-year period, she told me that a similar endeavour in 2008 is ‘compressed’ by the web.

Bell also pointed out during the panel that the Chinese words for ‘crisis’ and ‘opportunity’ are one and the same (I tried to keep that in mind as my laptop charger physically broke and the wifi went down).

The Guardian’s move stateside was also referred to by Saul Klein, partner of Index Ventures and moderator of later panel ‘Growing in the Digital World’.

Quoting Simon Waldman, Guardian Media Group’s director of digital strategy and development (and Emily Bell’s boss), Klein said the Guardian’s acquisition of ContentNext was ‘well set up to exploit’. Waldman explained how moves like that prepared the group for a US audience.

The ‘Unlocking the mobile internet’ panel: In the spirit of the thing, TechCrunch’s Mike Butcher gave out his mobile number for questions before probing the panel on their respective views on mobile internet’s future.

Is 2009 the year of mobile? Melissa Goodwin, controller of mobile at ITV says not: “I don’t think it’s next year, I’m hoping it’s 2010.”

“We just want to give you anything you may want,” she said of ITV’s mobile strategy, though she admitted that building advertising revenue was very much an ongoing issue.

Goodwin also revealed that consumers can look forward to Friends Reunited on two iPhone applications in the first part of next year, as reported in more depth over at PaidContent.

Stefano Maruzzi, president of CondeNet International, on outlining Conde’s digital development: As reported over at MediaGuardian and PaidContent, CondeNet, the online arm of Conde Nast, has got lots of ideas about lots of things:

  • Rolling out a Wired website worldwide (and in different languages, he told PaidContent)
  • Keeping Tatler’s online presence minimal
  • Engaging with the iPod user audience

Video search engine blinkx signs up Telegraph.co.uk

Video content from Telegraph.co.uk will now be available through video search engine blinkx, as part of a new partnership announced today.

The publisher will share advertising revenue from ‘contextually relevant’ ads placed next to the clips by blinkx, a release from the company said.

The site already features content from Getty Images and previously agreed content deals with the Guardian and Euronews.

Online Journalism China: Fake news feeds public mistrust in media

Chinese sports writer Wang Xiaoshan has used the controversy over the age of China’s double Olympic gold medallist, He Kexin, to open a wider debate on the prevalence of so-called fake news.

The original case against He stemmed largely from Chinese press reports, both state-run and independent, that gave her age as 13 in the run up to the Games, and therefore below the minimum age of 16 required to take part in the gymnastic competition.

That such a wide variety of sources could all be prone to the same inaccuracy seems unlikely, but in a piece sourced from Wang’s blog and translated by John Kennedy at Global Voices, Wang suggests such mistakes are symptomatic of ‘many media’s pre-existing problem of making up news’.

According to Wang, there is ‘no way that He Kexin could have forgotten her own age’, and the widespread reports suggesting she was 13 were the result of laziness and an unwillingness on behalf of journalists to verify their sources.

China has been plagued by fake news for some time:

The most recent case comes from the official newspaper of Guangdong province, the Nanfang Daily, in which a reporter claims to have witnessed police foiling a terrorist bomb plot in the city’s airport.

If the journalist had listed the police as his source his story may have escaped unnoticed, but saying the story came from unnamed ‘travellers in the airport’, who were privy to the hijackers’ intentions, sparked a wave of incredulity amongst the paper’s web community.

In another instance, national broadcaster CCTV was lambasted for releasing footage that apparently showed Olympic volunteers donating money in support of the May 12 earthquake relief effort, only for eagle-eyed viewers to point out that the ‘donors’ did not actually put any money into the collection boxes.

The latter example is an obvious instance of propaganda designed to unite the country in the wake of a devastating disaster, but the commercial press is equally culpable.

According to David Bandurski, a journalist and researcher at China Media Project, the proliferation of fake news is the result of Chinese media’s struggle to redefine its role in the wake of the curtailment of government subsidies in the mid to late 1990s.

The withdrawal of the government’s financial support was not coupled with a loosening of the shackles of state control. As such, Chinese media faces an intense battle to attract readers and advertising revenue, but is stymied by both the perception and the reality that it is not free to report, or sell, the truth.

This catch 22 situation is best evidenced by a controversy that erupted in July 2007 when a local TV report showed Beijing street vendors making buns using waste cardboard and pork fat. National state media also ran the piece and it gained international prominence, but authorities later claimed the freelance reporter responsible had faked the footage.

This left the public suitably perplexed as to whom to trust, and deeply undermined confidence in the veracity of Chinese media reports. Many believed the story was damaging enough to warrant a cover-up by the government as it fell at a time when China faced significant international pressure over its food safety record.

Beijing responded by launching a campaign against freelancers.

Bandurski notes that such government-backed campaigns punish the individual journalists responsible without ever reviewing the ‘the deeper institutional causes’ that allow fake news to proliferate. He draws a parallel with the punishment of corrupt officials, who are seen as ‘isolated moral deviants’ rather than products of a system that is at its root corrupt, or at least encouraging of corruption.

Fake news will continue to be filed, whether intentionally or as a result of bad practice, until Chinese media finds a way to sell truth as a commodity and regain the public’s trust.

Yet a sceptical public that questions what it reads can only be a good thing: a healthy mistrust of officialdom may, over time, spur alternative news sources to find ways to supply readers with the truth, reducing the need for sensationalist fake news in the process.

Online revenues up for Independent and Johnston Press, but print ads fall

At the same time as reports of significant decline in UK and US print advertising, online advertising revenue is up for the Independent News Media Group (INM) and Johnston Press.

Johnston Press, the publisher of the Scotsman and over 300 regional newspapers and websites, announced that digital revenues had grown by 52.1 per cent to an unstated figure, in its interim results for the 26 weeks ending June 30.

The publisher reports that it will ‘continue to experience significant growth in overall audience reach – combining our newspaper readership with the rapidly increasing number of people visiting our websites.’

Meanwhile, INM, which – among other titles – publishes the Independent, the Belfast Telegraph and the Independent on Sunday, saw online revenue from advertising grow by 23.3 per cent to €15.9 million in the six months prior to June 30, it reported in its half-year results.

INM’s online revenue (including its stakes in other online ventures) rose buy 57.1 per cent to €30 million over the same period ‘reflecting good organic growth and a continuation of its multimedia investment strategy across all regions,’ the report said.

Online classified and display advertising now represents around 4 per cent of publishing advertising for the group. This increase was helped by ‘strategic’ investments in services such as price comparison, online gaming, image search, and mobile.

Nonetheless, online was included in INM’s overall group costs, which increased by 1.4 per cent. The publisher also recorded ‘certain online and education start-up development costs’ of €6 million and €19 million.

Future websites attracting over 11m unique users per month

Future publishing’s portfolio of websites, which includes TechRadar.com and GamesRadar.com, are attracting over 11 million unique users per month, figures released today suggest.

GamesRadar alone attracts three million page views a day, according to the publisher’s financial report for the six months to March 31.

The report also stated that revenue from digital advertising now accounts for 19 per cent of the group’s total advertising revenue – an increase from 15 per cent last year.

“Our digital strategy, which attracts the lion’s share of our investment in new product development, is at a very exciting stage. With the launch of MusicRadar and TechRadar networks earlier this year, we now have pillar online properties in each of our specialist sectors,” Stevie Smith, chief executive of Future, said in the release.

However, operating profit for the publisher fell from £7.7 million over the same period in 2007 to £5.2 million.