Media business

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By William Turvill 23 July 9:44
Announcing a second-quarter profits rise of 84 per cent and a 12 per cent increase in revenue year on year, Gannett also said Newsquest’s digital revenues are up 24.6 per cent.
By William Turvill 22 July 9:09
Johnston Press’s managing directors for Northern Ireland and Scotland are to leave as part of a shake-up that will see the company combine several publishing divisions.
By William Turvill 21 July 10:35
Publisher Johnston Press has agreed a long-term lease of four office suites in Berwick Workspace, located just behind 90 Marygate (pictured, Google), according to the newspaper.
By William Turvill 21 July 9:07
The publisher, owned by Richard Desmond (pictured, Reuters), is expected to internally announce a savings target of between £10m and £14m, according to the report.
By William Turvill 16 July 16:21
Auckland has worked as managing director of the Metro over two periods - firstly between 2002 and 2011, and then he rejoined the free title last November.
By William Turvill 11 July 12:40
The Times was the only national newspaper to grow in circulation, to 393,530, year on year in June, according to ABC. The next best performing newspaper was The Guardian, with a year-on-year circulation dip of 0.9 per cent to 185,313.
By Dominic Ponsford 09 July 11:06
Guardian News and Media is planning to launch a paid-for membership scheme in the autumn as it seeks to further beef up its digital revenues.
By William Turvill 09 July 9:02
Speaking at Tindle Newspapers’ half-yearly management conference, Sir Ray said that while his company has lost national revenue over the six-year recession, it has also gained “local revenue”.
By Dominic Ponsford 08 July 10:07
Guardian News and Media has reported operating losses flat year on year at £30.6m on turnover up by just under £14m to £210.2m.
By Dominic Ponsford 03 July 16:23
Just over a year after launch The Guardian claims its Australia edition is on course to turn a profit.
By William Turvill 30 June 9:53
Editorial production of the two titles, which became part of Local World early last year after formerly being part of the LSN Media division of Iliffe News and Media, has been transferred to Bedford.
By Press Gazette 23 June 17:51
Johnston Press has completed a financial re-engineering project which has enabled it to cut its debt by a third to less than £200m.
By Press Gazette 23 June 13:42
Publisher Felix Dennis has died aged 67 "after a long and painful battle with cancer".
By William Turvill 10 June 16:20
A meeting of the mother and fathers of the BBC Chapel voted for a motion calling for “major reform” at the corporation to address the differences in pay between journalists and programme makers and the senior management.
By Dominic Ponsford 31 May 7:39
Telegraph Media Group increased its operating profit by £2.7m to £61.2m in 2013, making it by far the most profitable of the UK's 'quality' newspaper titles.
By William Turvill 29 May 12:13
It is to axe more than 170 jobs in the UK, with 40 roles already gone in the United States, according to its half-year statement.
By William Turvill 29 May 10:17
The sport portfolio, which overall is said to receive 4.7m unique users a month, includes Bikeradar.com and Cyclingnews.com, as well as magazines Cycling Plus, Procycling and Mountain Biking UK, which are said to have a combined circulation of more than 100,000.
By William Turvill 28 May 14:49
Over the last five years, the company has been "effectively working for the banks" Ashley Highfield told Press Gazette. He believes JP's £360m refinancing package will ensure "comparative security" and "five years to grow the business". He was speaking after shareholders yesterday voted in favour of the refinancing scheme, which is expected to raise £220m through issuing bonds and a further £140m by issuing and placing shares.
By Dominic Ponsford 22 May 10:34
DMG Media, which includes the Mail titles and Metro, has reported operating profit up 39 per cent in the first half of this year to £50m.
By Press Gazette 19 May 10:05
The Telegraph-owning Barclay brothers are the richest UK journalism business owners, according to the Sunday Times, with a combined wealth of £6bn.

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