Media business
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Trinity Mirror's revenue for the first four months of the year fell by 10 per cent compared to the same period in 2013.
The chief executive of Centaur has stood down amid a profit warning for the B2B publisher.
News Corporation has revealed a 35 per cent fall in global publishing in income, despite what the company called “increased contributions from UK newspapers”.
The campaign to save the job of Whitby Gazette editor John Stokoe was probably doomed to failure from the start.
News Corp's total costs arising from the hacking scandal mushroomed yesterday as it reached a $139m settlement with rebel US shareholders.
The claim was filed in September 2011 and shareholders accused News Corp chairman Rupert Murdoch of using the company as his "personal fiefdom" - despite the fact that he is a minority shareholder.
The legal claim was brought by a group of US shareholders including the Amalgamated Bank, the Central Labourer's Pension Fund and the City of New Orleans Employees' Retirement System.
New figures from the UK Internet Advertising Bureau suggest massive growth in mobile advertising fuelled by the growth in UK smartphone usage.
Specialist magazine publisher Future PUblishing has sold Classic Rock and Metal Hammer to a new company called Team Rock for £10.2m.
Trinity Mirror is to introduce technology across its top titles which will allow readers to buy products mentioned in editorial.
- Operating profit up 2.5 per cent
- Simon Fox outlines vision for merger of national and regional divisions
Archant has reported £2.2m losses for the 2012 financial year and is facing a possible £13m bill from the taxman, shareholders were told today.
The Financial Times reported a 4 per cent increase in revenue to £443m in its end of year results this morning.
Thomson Reuters is to cut 2,500 jobs in according to chief executive Jim Smith, the BBC (and others) report.
Northcliffe Media saw its revenues fall 8 per cent fall to £49m in the three months before its sell-off to the new Local World joint venture.
A surge in profits at Tindle Newspapers suggests the UK’s embattled regional press may be finally recovering from the recession.
Sir Ray Tindle has defended the decision to increase his investment in debt-laden regional publisher Johnston Press.
The Financial Times is planning a net reduction of 35 editorial jobs as it moves ahead with plans to “accelerate the shift from print to digital”.
Pearson has warned that FT Group’s full-year profits for 2012 will be “significantly lower” than 2011.
Daily Mail editor Paul Dacre earned £1,786,000 for the year to the end of September 2012, Daily Mail and General Trust's annual report reveals.
MPs have questioned whether national newspapers can be trusted to report fairly on corporate tax dodgers like Amazon and Starbucks given that their owners “are themselves engaged in some form of tax avoidance”.
