Tag Archives: Observer media diary

Guardian.co.uk: CityAM revenues up 22 per cent, ‘confounding sceptics’

From the Observer Media Diary: evidence of a print newspaper model that seems to be, wait for it, reducing its losses.

“City AM, London’s free financial paper, continues to confound the sceptics.

“It filed accounts for 2007 earlier this month, which revealed accumulated losses of just over £7m – but that reflects start-up costs, and sources close to the title say that, after several years of losing well over £2m, it will post a loss of just few hundred thousand pounds this year.

“Revenues are up 22 per cent and the title is on course to make money in 2009, at a time when more established titles are likely to plunge into the red.”

Web feeds in Independent’s newsroom could cause ’stress’

The Observer’s media diary reports that the National Union of Journalists (NUJ) is concerned over new plasma screens in the Independent’s newsroom, which display feeds from the paper’s recently relaunched website.

“We are worried that such large visual displays are being sited directly above staff, and the stress they could bring through visual disturbance and heat,” the NUJ is quoted as saying in yesterday’s Observer media diary.