Date

Tue - 29.07.2014


regional newspapers

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 18:50

In recent years, Johnston Press hasn’t often been the subject of good financial news. The company, which is the UK’s second-largest regional newspaper publisher, announced a yearly pre-tax loss of £144 million in April, cut 670 jobs – 11.3% of its staff – last year, and has seen the book value of its papers fall from $907 million in 2010 to £742.8 million in December 2011.

Yet on several occasions Johnston Press CEO Ashley Highfield has maintained that all the company’s newspapers are profitable. In January this year, he told In Publishing “every newspaper in the group has a healthy margin over 20 per cent.”

Now Patrick Smith at The Media Briefing has examined this claim and has found that profits are indeed relatively high at one “JP title, typical of many of its 175 weeklies.” Smith keeps the name and region of the paper anonymous, but he specifies that its circulation is around 10,000 per issue.

Author

Hannah Vinter's picture

Hannah Vinter

Date

2012-06-08 15:25

by Rick Waghorn

Two quick stories to hopefully illustrate why I believe the salvation of local news in this country and beyond lies in reuniting Batman with Robin and once more pairing the local news reporter with his local advertising equivalent.

Earlier this autumn I served a request using the Freedom of Information Act on Norfolk County Council after it opted to collaborate with a well-known online advertising firm in Mountain View, California with regard to their online advertising provision.

Continue reading on TheMediaBriefing

Author

Anton Jolkovski's picture

Anton Jolkovski

Date

2011-11-18 10:08

Human beings cling to the past, ensuring that the nostalgia industry never declines. Indeed, the greater the change, the more it thrives. Nowhere is this more obvious than in the regional newspaper industry as it copes with a range of problems that make it inconceivable it could ever turn back the clock.

Delegates to this week's Society of Editors conference, like so many journalists, are particularly prone to the illusion that there is a magic solution to their industry's long-term decline.

Continue reading in the London Evening Standard

Author

Anton Jolkovski's picture

Anton Jolkovski

Date

2011-11-17 11:50

A former regional newspaper editor has come up with a 10-point plan to help cure the crisis in the regional press - which includes a call for debt relief for big PLC publishers like Johnston Press and Trinity Mirror .

Neil Fowler, Guardian Research Fellow at Nuffield College, Oxford , outlined his plan in a lecture in which he warned that Johnston, Trinity and Newsquest -owner Gannett were "having to pull as much cash as possible out of their businesses to service these debts - which in turn is causing those businesses long term damage."

Continue reading on TheMediaBriefing

Author

Anton Jolkovski's picture

Anton Jolkovski

Date

2011-11-15 12:46

After enduring a seven-year decline that has resulted in well over £1bn in ad revenue bleeding out of regional newspapers, Daily Mail & General Trust last week hoisted the white flag over any ambition to be a long-term player in the embattled sector. The publisher admitted it is keen to offload Northcliffe Media, home to more than 100 daily and weekly regional titles from Hull to Bath, and has no desire to put "fresh capital" in and lead what it views as a necessary large-scale consolidation in the sector.

Continue reading on guardian.co.uk

Author

Anton Jolkovski's picture

Anton Jolkovski

Date

2011-02-14 17:51

UK regional publisher Johnston Press announced a 5.4 percent plunge in ad revenue during the 18 weeks prior to November 6 that was accounted for by a deteriorating public sector and recruitment advertising, Business7 wrote today. However, Reuters pointed out that the fall was slightly less than during the first half, which was 6.3 percent.

"Despite the decline in total advertising revenues being slightly worse than previously anticipated, this has been largely offset by increased cost savings and therefore it is expected that the outcome for the year will be satisfactory," Johnston said, Hold The Front Page reported.

The plunge in print ad revenues (not counting recruitment) during the second half of 2010 leveled to 2.5 percent. Although property advertising received a boost, recruitment ads sunk by 29 percent since last year.

Johnston hinted that public sector ad market was "particularly difficult "but it only constituted nearly 9 percent of Johnston's total ads in the third quarter, Busiiness7 informed. The publisher explained that this drop was "sufficient to slow the overall rate of improvement in advertising performance," a report by MediaGuardian stated.

Author

Alisa Zykova

Date

2010-11-10 18:33

U.S. publisher Southwest Newspapers has launched iMarketplace.mn Mobile, an application and text service intended to assist businesses in the southwest suburbs of Minneapolis in devising a text-message subscriber list, Pitch Engine revealed today.

"The service is a great way to connect with mobile users," said Jennifer Sorenson, Southwest's advertising sales director. "By building a text-message subscriber base, businesses build a bigger customer base."

Businesses will be able to issue weekly offers and deals on iMarketplace.mn. The publisher will then proceed to include them in all 10 of its print titles, build advertising material for companies to attract users towards the mobile feature and finally, to market the app for smart phones across the publisher's websites.

The venture was devised in collaboration with Zip2save.com, a national enterprise that provides coupons, weekly circulars, Internet shopping deals, travel promotions and other deals.

Author

Alisa Zykova

Date

2010-11-05 00:32

For its scheduled re-launch as "Moskovskie Novosti" in early 2011, the Russian daily will also make itself available across four different platforms, including print, mobile, iPad and the Internet, RIA Novosti reported Monday. In addition, readers also will also get a peek inside the editorial mechanism behind the title.

"Moskovskie Novosti" editor-in-chief Vladimir Gourevich said users will have the chance to follow the paper's development and editorial decisions, according to his Twitter account. Furthermore, a Facebook group has been formed and from November onwards, readers can pitch ideas to the editorial team on the social network's platform.

"Moskovskie Novosti" is the re-branding project of "Vremya Novostei." The new name is a reincarnation of a previous title, The Moscow News, which was launched in 1930 as an English-language daily and subsequently spawned a Russian edition two decades later.

Author

Alisa Zykova

Date

2010-10-05 17:12

France's regional dailies announced Tuesday the launch of a "digital kiosk" for Apple's iPad that will allow users to purchase about 250 local editions of 30 titles, Agence France-Presse reported.

The application is available for free download from iTunes and offers the front page and a summary of the paper's issue. A PDF download of the entire issue is available for €0.79 (US$1.06), said Pierre Jeantet (left), president of the Syndicat de la Presse Quotidienne Régionale (SPQR, the Syndicate of Daily Regional Press). According to Jeantet, the venture could be viewed as the first victory of an industry that is trying to establish a paying strategy for online news content. He further mentioned that a study by marketing firm BVA showed that 7 percent of the French population was planning to buy a tablet computer, a figure that demonstrated a potential 4 million buyers, Actualitté wrote.

Author

Alisa Zykova

Date

2010-09-24 16:30

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