Media Business

Economist reports success of mobile phone mag sales

25 June 2010

The Economist has claimed success with a mobile-phone-based magazine sales ploy this week, as it reported operating profit had climbed three per cent to £57.5m.

Lord Lester: urgent action needed on CFA success fees

23 June 2010

The Government must take urgent action to deal with high success fees charged by lawyers working on CFA actions, Lord Lester told the House of Lords yesterday.

Archant acquires publisher of Kent on Sunday

22 June 2010

Regional publishing group Archant has acquired KOS Media, publisher of Kent on Sunday, for an undisclosed sum following a restructure of its holding company

BSkyB demands £9bn for Murdoch buyout

15 June 2010

News Corp this morning looked to be edging closer to buying out BSkyB in full after entering into a “cooperation agreement” with the broadcaster to explore a buyout.

GMG execs receive pay boost despite losses

10 June 2010

Former boss of GMG regional media Mark Dodson walked away with a pay-off of £440,000 after the sale of the loss-making regional newspaper division he ran.

GMG's losses jump 77% to £171m as writedowns bite

10 June 2010

Guardian Media Group's pre-tax losses increased 77 per cent to £171m in the year to the end of March. Operating losses at GMN increase to £37.8m.

Jeremy Hunt deals final blow to IFNC plan

8 June 2010

The culture secretary confirmed today the Government will scrap proposals to replace ITV’s regional news with consortia and will review media ownership rules.

Newspaper war in Cambridge as second weekly launches

28 May 2010

A newspaper war has broken out on the streets of Cambridge after Iliffe News & Media joined Archant in launching a new weekly title in the city.

GMG's losses increase due to write-downs

28 May 2010

Carolyn McCall, the outgoing chief executive of Guardian Media Group, said yesterday that company losses had increased because of write-downs on its investments.