Newspaper’s print advertising revenues decline continues

The erosion in print ad sales kicked off at the beginning of 2016 and did not let up. In the fourth quarter alone, print sales dropped 20 per cent at the New York Times and at McClatchy, operator of 29 US daily papers. Gannett, owner of USA Today, reported a 15 per cent fall in the US and a 14 per cent decline at Newsquest, its UK chain. News Corp said the fall in print dragged total ad revenue down 29 per cent at News UK (publisher of The Sun and The Times), 20 per cent at Wall Street Journal publisher Dow Jones and 12 per cent at its Australian papers. The Financial Times and Tronc, the owner of the Los Angeles Times and Chicago Tribune, have also been hit.

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Axel Springer plans pan-European Upday news service

Axel Springer is to expand its mobile news service Upday from four to 16 countries in Europe this year, as the German media group accelerates its shift into digital publishing. Upday, a news aggregator that uses human editors as well as an algorithm to select news stories, was developed as part of an exclusive partnership with Samsung and launched in Germany, Poland, the UK and France last February.

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EU proposal on ad blockers welcomed by publishers

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

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Journalism in 2017

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.”

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Axel Springer to launch football daily newspaper

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 […]

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Newspapers Have Made This Bed — Shouldn’t They Sleep In It?

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

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Raconteur magazine closes nine months after launch due to ‘lack of advertising revenue’

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.

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Brexit Will Weaken UK Ad Spend, Zenith Says

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%.

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The far-from-secret shame of diverse DMGT

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

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