UK music streaming sales up 49 per cent

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”

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Bonnier USA to shutter several travel magazine print editions

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

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How daily newspapers can win after all

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 […]

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Guardian Media Group hit with record £173m loss

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

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The Financial Times Decides to Get Creative With Ad-Blocker Blocking

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

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So you think you chose to read this article

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

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Programmatic is problematic as UK viewability plummets to 47%

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.

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Time Inc to close Cycling Active and Cycling Sport magazines

Time Inc is set to close two cycling magazines in its UK portfolio of road cycling titles to focus attention on popular glossy Cycling Weekly, now its sole title covering the sport. Nine journalism jobs are understood to be at risk (including permanent and freelance roles). Monthly magazines Cycling Active and Cycle Sport are to go, despite a combined circulation of more than 31,500, with resources being directed into the weekly that is said to be “seeing the most demand from consumers” according to Time

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