News

Facebook has become the “richest and most powerful publisher in history by replacing editors with algorithms”, according to Guardian editor Katharine Viner

It has been a miserable year for the holding companies that own the world’s largest advertising groups, with shares in WPP, Publicis, Omnicom and Interpublic Group all down sharply over the past 12 months. Consumer groups are rethinking their marketing spending while unease about the effectiveness of digital advertising has damped investor spirits. With advertising’s Mad Men in danger of becoming sad men, what future is there for the holding companies? Their business model, which has traditionally brought together creative agencies, media buying and planning groups, is under attack on multiple fronts.

Magazine media is finding a number of pioneering use cases for ambient computing

Press release: Haymarket, the international media group, has filed annual accounts showing a 26 per cent rise in operating profits to £4.3m.

According to Seeking Alpha Informa is currently undervalued compared to its closest peer group by about 30% and may re-rate in the next few months. The company has made a significant business overhaul in the past few years and is now very well positioned to grow sustainably going forward. Despite this profile, its valuation seems to be […]

Amazon is making good on its promise to eat advertising. In its third-quarter earnings report today, the e-commerce giant said it saw “other” revenue, which is mostly composed of ad sales (and to a much smaller extent, its credit card business), grow 58 percent year over year to $1.12 billion. That’s a slight increase from the growth rate in the prior second quarter, when it grew 53 percent year over year

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