Rupert Murdoch’s News Corp agrees all-cash deal to buy TalkSport owner for £220m June 30, 2016 Media giant News Corp has agreed to pay £220.3m for the company that owns UK radio station TalkSport. The deal for Wireless Group comes after it changed its name from UTV Media in March, following the sale of its TV assets to ITV for around £100m. Wireless shares have shot up 70 per cent on [...]
More bad news on Fleet Street as Mirror publisher plans job cuts June 29, 2016 More job losses are coming to Fleet Street as the national newspaper industry struggles with advertising revenue falls. City PM understands up to 15 roles have been put at risk of redundancy across the Daily Mirror, Sunday Mirror and Sunday People. In an email to staff, seen by City PM, editor-in-chief Lloyd Embley said: "Due to [...]
City analysts say Brexit is good news for newspapers June 28, 2016 Newspaper publishers have been among the worst hit by last week’s Brexit vote on the stock market. Johnston Press’s share price has fallen 30 per cent since Thursday; Daily Mail publisher DMGT’s is down nine per cent; and Trinity Mirror’s is down 19 per cent. But analysts at Liberum are looking on the bright side, [...]
Independent newspapers made £7m loss in year before closure June 27, 2016 The Independent newspapers lost £6.97m in their last full year, new accounts from the company show. The pre-tax loss, for the year to 27 September 2015, was an improvement on an £8.54m loss the year before. The Independent and Independent on Sunday were closed by owner Evgeny Lebedev in March, while cut-price sister title the i [...]
Cannes Lions 2016: A neuroscientific take on the winning ads June 27, 2016 While the UK’s reputation may be taking a bashing on the global stage, when it comes to creativity in advertising, we still cut a dash – if the verdict of the Cannes Lions judges is anything to go by. At Saturday’s glamorous ceremony, ads by UK agencies scooped 13 awards including the prestigious Grand Prix, [...]
Women and advertising: J Walter Thompson’s group planning head Rachel Pashley explains why ads should stop resorting to crude stereotypes June 27, 2016 "As a woman working in the marketing industry, I was continually confronted by creative briefs which referred to women as Busy Working Mum,” says Rachel Pashley, group planning head at J Walter Thompson (JWT) London. Pashley is behind the agency’s Female Tribes insight study into women around the world, so that they may be treated by [...]
Curzon Cinemas targets expansion around the world June 26, 2016 Curzon Cinemas, a chain that began in London in 1934 and has since opened 10 more cinemas across the country, is now targeting international growth through its digital offering. Philip Mordecai, director of home cinema at Curzon, is aiming to grow the digital side of the business and sees it eventually competing with the likes [...]
“It’s started… #Armageddon”: Brexit claims This Morning and Loose Women as early victims June 24, 2016 The Remain campaign said it would be bad. And for some, the effect of Brexit has already led to #Armageddon. It's been a difficult morning for ITV. As well as experiencing a 19 per cent fall in shares this morning, fans have also hit out at the broadcaster for – dun, dun, dun – cancelling This [...]
“It is not good news, to say the least”: WPP’s Martin Sorrell on what Brexit means for ad industry June 24, 2016 Sir Martin Sorrell, the founder and chief executive of advertising giant WPP, has said a Brexit vote "is not good news, to say the least". Sorrell, who spoke out against the prospect of a Leave vote on numerous occasions, said today he is "very disappointed". And he raised fears over what impact Brexit will have [...]
World’s media turns attention to UK for EU referendum: Best of the front pages June 23, 2016 The world's media is closely watching the UK today as Brits vote in the EU referendum. The story is dominating the global news agenda, featuring on front pages everywhere across Europe and beyond: the United States, China, Colombia and Israel. German tabloid Bild is promising to properly recognise England's 1966 World Cup triumph if the UK remains; [...]
