News

Decline to outstrip losses in newspaper and magazine advertising combined, while mobile ads to grow

Overdue update will take account of rise of Facebook, YouTube and Twitter

Music streaming revenues in the UK grew by 49 per cent, to £251m, last year according to a new report on the state of the industry — but the country’s live music market contracted by 2 per cent. Measuring Music, published by the industry’s umbrella group UK Music, found that the growth in streaming services such as Spotify, Deezer and Apple Music is “the key to renewed and continued growth for British music and its artists globally”

Brussels will take a step towards adjusting its arcane VAT rules to the digital age by allowing reduced rates of tax on ebooks

The US division of Swedish magazine publisher Bonnier will be shuttering several travel magazine print editions, according to a report from Keith Kelly at the NY Post. The magazines effected are Islands, Destination Weddings & Honeymoons, and Caribbean Travel & Life, which was made into a supplement of Islands a while ago. All three will see their last print editions published by the end of the year, a new digital version of Islands is planned for 2017

TV broadcaster outbids tech publisher Ziff Davis for bankrupt online media group

Incisive Media has accelerated its ad performance program with the roll-out of anti-ad blocking technology on its asset management brands Investment Week and Professional Adviser

Flashes&Flames: Murdoch might cast envious eyes at the 129-year-old, family-owned Hearst Corporation which has built an unrivalled multi-media business, not least by investing widely in long-term partnerships and joint ventures. Last year, Hearst increased its revenue by 6% to almost $11bn in what was the fifth consecutive year of record revenue and profits. Its revenue […]

Ascential, the business-to-business media company that floated in London this year, has reported a 13.5 per cent revenue growth in the first half of the year.

French PR groups Hopscotch and Sopexa, and the Paris-based events company Comexposium, are in discussions about forming an alliance to create “the largest French PR network worldwide” – which is being marketed as an alternative to the “Anglo-Saxon networks”

The Guardian made a loss of more than £180m last year as digital growth went into reverse and the a tough print market took a further turn for the worse

Pro-EU newspaper the New European is to continue publishing beyond its four-week trial period after beating its sales targets, its publisher, Archant. has announced

Facebook’s ad revenue surged 63% year-on-year to $6.24bn last quarter, as chief executive Mark Zuckerberg hailed the social media giant’s progress in video

Newly listed magazine company Time Out expects to report revenue growth of 16 per cent for the first half of 2016 – a period in which many other publishers have experienced heavy declines

Guardian Media Group will this week reveal a higher than expected full-year operating loss of £69m as the owner of The Guardian newspaper battles to bring its finances under control. GMG’s total pre-tax loss will hit £173m as the group belatedly writes down about £80m in the value of its stake in Ascential, the publicly quoted magazine and events company, and takes a £20m restructuring charge over severance payments

The Financial Times is certainly not the first media company to test out approaches to combating the rise of ad-blocking technology, but its new approach might be the most creative one yet. On Wednesday, the newspaper began blanking out, for some users, a percentage of words in articles symbolizing the percentage of the company’s revenue that comes from advertising

You may think you choose to read one story over another, or to watch a particular video rather than all the others clamouring for your attention, but in truth, you are probably manipulated into doing so by publishers using clever machine learning algorithms

Slowing of print advertising decline – with significant improvement since Brexit vote – prompts hopes that downturn is ending

After winning a fantastic 3.6 million viewers in its first six weeks on CBBC, the all-new TV series of Danger Mouse has been a massive ratings triumph. Ready to replicate this, Danger Mouse Magazine is here

So the capital of programmatic is also the capital of unviewable. The correlation between the two seems unavoidable as Meetrics publishes another viewability report which makes for particularly dismal reading. Not only is the UK the capital of adverts that never stand a chance of being viewed, the figures continue to move in the wrong direction.