TV groups watch out for EU commercial break

At the start of 2016, UK television broadcasters were on a roll. Spending on TV advertising had surged more than 7 per cent to £5.3bn in 2015. ITV, the UK’s biggest commercial broadcaster, was looking forward to another strong year — thanks in part to sporting events including the European football championships. But, so far, the TV ad market in 2016 is flat, or just marginally stronger than at the same point last year, according to media agencies. Some industry analysts even believe TV ad spending could fall this year — for the first time since the global financial crisis in 2009.

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Trinity Mirror lessons for newspapers everywhere

It’s been another ‘bad news’ month for UK newspapers. Just a few weeks after Vice founder Shane Smith predicted a media industry “bloodbath”, Britain’s most successful newspaper group DMGT reported a 16% drop in advertising revenue at the Daily Mail in the six months to the end of March. Even the 20% growth at its Mail Online was scant consolation because annual revenue will not reach the £100m targeted for more than two years. Consequently, the world’s largest English language newspaper site remains far from profitable. Daily sales of the UK’s national newspapers have more than halved to 6.5m in the past 15 years and are still falling. But it is the continuing drain of advertising that panics investors.

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Auto Trader grows sales, earnings and profit in first year as a listed company

Revenue increased by 10 per cent to £281.6m in the 2016 financial year, up from £255.9m in 2015. Operating profit increased by 27 per cent to £169.6m, from £133.1m, and earnings per share grew to 12.67p per share, up from 0.85p per share.This is the first set of full-year results the company has reported since listing on the London Stock Exchange in March last year. The company got off to a good start when it floated, with shares up 13 per cent on the first day of trading – and the stock has continued to perform well since, hitting an all time high in November when the group announced its first dividend.

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City AM letting brands post articles directly into their website CMS

The bosses of free London newspaper City AM have boasted that they are tearing down the boundaries between editorial and commercial by letting brands post articles directly into their website content management system. I can see why they want to play this up. But actually, I don’t think it is nearly as revolutionary (or as ethically dubious) and some of the things big existing publishers already get up to. Former Independent media editor Ian Burrell has the story for The Drum

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Suddenly, national newspapers are heading for that print cliff fall

I am in Ireland to address the Irish Press Council’s annual general meeting in a lecture entitled “Have newspapers got a future?” My theme is that they have no future. Declining circulation figures tell us that people are switching week by week from print to screen. It is simply a matter of time before it becomes unprofitable to continue publishing newsprint papers

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Fleet Street is being sunk by the internet

Shares in Daily Mail and General Trust, publisher of the Daily Mail, fell by 10 per centon Thursday as it disclosed the toll that the sudden downturn in print advertising is having on its business. It suffered a 16 per cent decline in print advertising revenues in the first half of its financial year

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TV fights the future

Online advertising has grown rapidly in recent years, with US revenues hitting $59.6bn in 2015, according to eMarketer, compared with the $68.9bn generated by television. However, as online advertising has grown, so have concerns about viewer measurement, fraud and the placement of campaigns on sites that could be harmful to brands.

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UBM upbeat as large event growth offsets blips

The events organiser, which hopes to conclude the sale of its PR Newswire and Agility businesses in coming weeks, said performance since the start of the year had been in line with management expectations. Larger events continued to drive performance, most notably Game Developers Conference, MAGICVegas, Enterprise Connect, MD&M West and Hotelex/FineFoods, UBM said.

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What next for the ‘new’ Bauer Media?

Media everywhere needs to be focused on unbundling information that was once packaged for print, in order to give readers-users the opportunity to pay only for what they actually want. Nowhere is this easier than in markets where readers account for most of the revenues – like many of those sectors traditionally dominated by Bauer

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Can Condé Nast create a new world of luxury?

Magazines everywhere have been shredded by lost readers and advertising. But millions of worldwide sales are testimony to the global appeal of these disrupted brands. The business model may be broken but the brands are not. International editions of Vogue, Cosmopolitan, National Geographic, Men’s Health, Autocar, Time Out, GQ, Auto Bild, T3, Elle, Robb Report, and a hundred other magazines are reminders of huge audiences and halcyon days. But these long-established brands can now deliver a new future, taking publishers into retailing, consumer services, education, and screen entertainment – to compete with consumer products which are pushing into media content from the other direction

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Wall Street Journal digital only subscribers grew to 45% of base in Q3

News Corp press release: In a statement released with the earnings, the media firm said: “While we believe in the strength of our print properties, we are also investing energetically in the rapid pursuit of digital which is clearly evident in the transition at Dow Jones.

“At Dow Jones this quarter, digital accounted for more than 50% of total revenues for the first time, and digital-only subscribers at the Wall Street Journal grew to 893,000, representing nearly 45% of the base.”

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