WAN-IFRA

Shaping the Future of the Newspaper

Date

Fri - 31.10.2014


Daily Mail & General Trust

After the high-profile merger of publishing giants Penguin and Random House comes a development in regional news with a significance that belies its parochial implications. Former Mirror Group chief executive David Montgomery is reportedly involved in talks to consolidate the local news assets of Northcliffe Media (regionals arm of the Daily Mail & General Trust), Trinity Mirror and Iliffe News and Media (parent company Yattendon Group) within his own venture, Local World, which he would lead, and of which he would be a part stake-holder. Such a scheme would not only provide evidently beneficial economies of scale, but would combine the number one, four and eleven publishers in UK regional news in an industry that is barely keeping its head above water.

Author

Frederick Alliott's picture

Frederick Alliott

Date

2012-10-30 17:50

Daily Mail & General Trust has bought up the international recruitment site Jobrapido for €30 million, the company announced on Monday.

DMGT stated that its subsidiary A&N Media, which operates Daily Mail publisher Associated Newspapers and regional newspaper publisher Northcliffe Media, will combine Jobrapido with its existing recruitment business, which includes the UK recruitment platform Jobsite, and the international sites OilCareers and Broadbean. With the acquisition of Jobrapido, the recruitment group is being rebranded under the name ‘Evenbase’.

The company may be hoping that the purchase will reduce the impact of its shrinking local news publishing business. As we reported earlier, DMGT published its half-year financial report yesterday, revealing that revenue at Northcliffe Media has dropped by 10%, advertising by 11% and advertising by 5%. The company announced growth in digital revenues at Associated Newspapers, which publishes Mail Online, but it predicted that its operating profits and pre tax profits would be less this year than in the first half of 2011.

Author

Hannah Vinter's picture

Hannah Vinter

Date

2012-04-18 12:18

Daily Mail & General Trust is setting its sights on being "the leading mobile publisher of applications in Europe," and to that end, will launch at least 15 new Apple iTunes applications over the next six months, Richard Titus, chief executive of Associates Northcliffe Digital (DMGT's digital division) announced.

The first half of the applications are expected to be launched early in 2010, including apps for Metro.co.uk, Mail Online, Motors.co.uk, Jobsite, Teletext Holidays, Findaproperty.com, This is and Local people, The Financial Times reported today.

However, Guardian.co.uk, Telegraph.co.uk, Independent.co.uk and some regional titles already have iPhone apps, paidContent UK's Patrick Smith pointed out today, asking why news publishers are "so keen on smartphone users downloading bits of software when there's a perfectly good Internet out there that displays everyone's content available to everyone? It's got a lot to do with marketing..."

Author

Leah McBride Mensching

Date

2009-12-16 19:34

UK publisher Daily Mail and General Trust announced Tuesday it has cut the rate of decline in ad revenue in half at its flagship daily, the Daily Mail, the Times Online reported yesterday.

Advertising at the title in September was down 10 to 12 percent, versus a 21 percent decline in July and August. However, the DMGT's finance director said he "refused to call the bottom, in case it turns out we are on a ledge," according to the Times article.

Overall, advertising at Northcliffe Media, which publishes DMGT's regional papers, was down 31 percent for the 11 months ending Aug. 31, according to the BBC. Meanwhile, at Associated Newspapers, which publishes the Daily Mail and Metro, saw ad revenues slide 16 percent in the same period.

DMGT management has said it will "at least" meet market expectations for the year's profits.

"We are confident that we will at least meet market expectations for adjusted profits for the full year due to decisive actions taken on costs, with £150 million savings delivered," DMGT said in a statement, according to the Telegraph.

Author

Leah McBride Mensching

Date

2009-10-01 22:05

The UK's Daily Mail and General Trust's regional division of newspapers, Northcliffe Media, have reported profit losses of 91 percent, Press Gazette reported.

Northcliffe Media, which now only generates 21 percent of its profit from its UK newspaper titles, has suffered a 36 percent decrease in ad revenue since the same time last year, with regional advertising dropping 31 percent this year alone.

The media group has also lost 11 percent of its staff members over the previous six months, while the Daily Mail and General Trust saw overall drops in revenue of 7 percent in the last six months.

In response to the dismal profit reports, Northcliffe has announced "further significant reductions" to cut costs.

Martin Morgan, a chief executive at Daily Mail and General Trust, attributed the losses to "the impact of the recession on our consumer media advertising revenues."

Author

Leah McBride Mensching

Date

2009-05-26 06:51

The Daily Mail & General Trust's regional publishing division, Northcliffe Media, will centralise copy editing work for its newspapers in the east Midlands and northern England, and also transfer printing of its Leicester Mercury title, Media Guardian reported. The move will put jeopardise 116 jobs.

The site to which printing operations will be transferred has not been revealed yet. Harmsworth Press, a Northcliffe subsidiary, prints the Leicester Mercury and has begun consultation in regard to its plans.

As part of its consolidation plans, the Leicester Mercury, Derby Evening Telegraph and Nottingham Evening Post will be printed from its new production centre in Nottingham, according to Media Guardian. The Lincolnshire Echo, Grimbsby Telegraph, Scunthorpe Telegraph and Hull Daily Mail will be published together at a second centre that is still being built.

Jenny Lennox, the assistant northern organiser of the National Union of Journalists, told Media Guardian the NUJ is concerned that newspapers are being uprooted from their communities.

Author

Leah McBride Mensching

Date

2009-02-24 19:28

Russian billionaire and former KGB agent Alexander Lebedev has agreed to buy a controlling stake in UK newspaper the Evening Standard for a mere £1, due to the newspaper's loss-making status, Press Association reported Wednesday. The Daily Mail & General Trust-owned newspaper is also expected to see revenues dwindle in the coming years.

DMGT will hand over the 75.1 percent share in the London weekday newspaper to Lebedev's company, Evening Press, which he formed with his son Evgeny. DMGT's Associated Newspapers division will continue to hold the minority 24.9 percent share in the new firm, now called Evening Standard Ltd.

"We got nothing up front," said Peter Williams, finance director for DMGT, noting the sum Lebedev paid was "truly nominal, totally immaterial, doesn't matter," according to Press Association.

However, Williams told Press Association, DMGT will receive a share of the Evening Standard's profits when it begins making money again.

Author

Leah McBride Mensching

Date

2009-01-21 19:34

London paid newspaper the Evening Standard has been seeing year-on-year increases in circulation for the past four months, escalating by 0.97 percent to 287,173 copies per day in December 2008, The Guardian reported Friday.

Last month, the Daily Mail and General Trust-owned paper slashed its daily editions from three to two and decreased the quantity of newsagents that distribute the title.

Although circulation climbed into December, circulation usually sees a decrease during the Christmas holiday, and this year was no exception, with circulation down 5.24 percent month-on-month, according to the Audit Bureau of Circulations.

Full-price sales fell by 16,056, to 158,382 copies, while bulk sales jumped to 126,346 copies. Bulk copies make up 44 percent of the title's total circulation, which is a 3 percent increase since November, MediaGuardian reported.

Author

Alisa Zykova

Date

2009-01-10 01:18

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