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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Flashes&Flames: Here is the answer newspapers are not looking for

Display and classified revenues once swelled the profits of daily newspapers but also wrecked the relationship with their readers who became mere statistics with which to sell advertising. Readers (sometimes attracted as much by classified jobs ads as by journalism) became less important than advertisers who provided up to two-thirds of revenues and often 100% of profits

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Still in vogue: luxury magazines defy print market gloom

With 100-year-old Vogue and design and lifestyle bible Wallpaper producing their biggest-ever issues – and “handbag” size pioneer Glamour seeking to bulk up to a bigger, glossier edition – the luxury magazines appear to be defying the advertiser and reader exodus rapidly eroding the rest of the magazine market

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How the FT grows subscriptions by focusing on journalism

It’s a solid business model, and combined with its unique position in Europe makes its acquisition by Nikkei in July of last year easy to understand. There isn’t another publication quite like the Financial Times, and its 805,000 paying subscribers are testament to that. Speaking at Web Summit earlier this week, its chief product and information officer Cait O’Riordan explained how the publication’s focus on accurate journalism encourages people to move along the funnel from free user to paid subscriber

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The future of newspapers: owners seek safety in numbers

The outlook for print advertising has gone from bad to worse. Print newspaper ad spending in the UK, for instance, is set to fall by £135m to £866m this year, even steeper than the £112m drop in 2015, says Enders Analysis. “These are big numbers,” says Douglas McCabe, an analyst at Enders. “This is not advertising that is going to come back.”

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Exhibition revenues worldwide: UBM’s growth contunues

Overall, companies from Europe dominate the rankings of exhibition firms with revenues over EUR 100 million. Just five of 31 companies have their headquarters outside of Europe: Emerald Expositions (USA) in 12th place, the Hong Kong Trade Development Council in 15th, Coex (Korea) in 16th, Tokyo Big Sight in 20th and SNIEC Shanghai in 28th

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