Johnston Press shares slide 20% after profit warning

Shares in British regional newspaper group Johnston Press fell 20 per cent on Tuesday after disappointing advertising revenues triggered a profit warning.The group, which owns more than 200 newspapers including The Scotsman, said there had been a “slowdown in general trading” in the three months to June and “specific weakness” around May’s general election. For […]

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Mobile Programmatic Buying Is Taking Off

Mobile programmatic ad-buying is taking off. Rubicon Project, a large ad exchange and ad tech provider, last week shared that mobile now accounts for over 20% of the company’s total managed revenue, up from less than 3% just one year ago. That represents a spend increase of 1,300%, and Rubicon doesn’t expect it to slow down […]

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Economist Group looks beyond advertising for return to growth

The head of the Economist Group has promised a return to revenue growth in the next twelve months, after falling print advertising caused a third successive year of declining sales. Chris Stibbs said the company — which owns the Economist magazine and other information businesses — had lost about £50m, or 46 per cent of the […]

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Is UBM’s strategy the real deal or not?

The biggest question comes right from Tim Cobbold’s strategic presentation in which he makes clear that the global exhibition industry is attractive because it is growing at 5% annually and yet remains fragmented. But the (almost) single-minded pursuit of “events” may be flawed

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Apple will put smart news on every iPhone

Apple is set to include a new smart news app with every copy of its latest iOS software, the firm said today. It will allow reader to choose the topics and newspapers and magazines they are most interested it, and then be shown the most relevant stores

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